Business
Burns & Levinson Represents UL Holdings, Inc. (Urbn Leaf) in Sale to Harborside, Inc.
BOSTON - Burns & Levinson has completed the sale of client UL Holdings, Inc. (Urbn Leaf), a California cannabis retailer, with Harborside, Inc. (CSE: HBOR), (OTCQX: HBORF). The Urbn Leaf acquisition, which was announced on November 29, 2021, closed on March 1, 2022. Ed Schmults, the CEO of Urbn Leaf, has been appointed as CEO ...
High Tide Subsidiary FAB CBD Launches Subscribe-and-Save Discount Program in the U.S. Market
CALGARY, AB - High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced that its subsidiary, FAB CBD, has launched a CBD Subscribe-and-Save discount program in the United States. Under this program, customers will be able to customize their orders each month to ...
A LIFE IN A DAY: Mika Unterman: Founder & President
MIKA UNTERMAN – is a global citizen, having lived, worked, and been educated in Israel, the United States, and Canada. This global citizenship has helped shape her perspective and knowledge of the cannabis industry. Before joining and launching Apical, she excelled as a community manager and cannabis educator, normalizing the widespread use of cannabis recreationally and ...
Dan Krentzman Promoted to Director of Development for Sanctuary Medicinals in Florida
APOPKA, Fla.- Sanctuary Medicinals today announced Dan Krentzman has been promoted to Director of Development. Krentzman, hired in June 2020, was one of the first employees to join the team in Florida and was initially brought on as a Project Manager to establish Sanctuary's dispensary footprint in the state. His background of military leadership, design ...
Tilray Brands Announces Proposed Agreement for Strategic Alliance With Hexo Corp.
LEAMINGTON, Ontario - Tilray Brands, Inc. (Nasdaq | TSX: TLRY), a cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced proposed agreements for a commercial and financial partnership with HEXO Corp. (Nasdaq | TSX: HEXO) that would bring together Canada’s top two cannabis market ...
TerrAscend Announces the Appointment of Kara DioGuardi to its Board of Directors
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced the appointment of Kara DioGuardi to its Board of Directors. A Grammy nominated songwriter, producer, record executive, music publisher, Broadway actress and former American Idol judge, Ms. DioGuardi's credits include 320 songs released by major labels, 11 of which have earned ...
Incannex Executes License Agreement with Monash University to Develop a Combination Treatment Using Virtual Reality and Psychedelics
MELBOURNE, Australia - Incannex Healthcare Limited (Nasdaq: IXHL) (ASX: IHL), a clinical-stage pharmaceutical company developing unique medicinal cannabis pharmaceutical products and psychedelic medicine therapies for unmet medical needs, today announced it has executed a license agreement with Monash University ('Monash University' or 'Monash') to develop a novel treatment that combines Virtual Reality ('VR') and psychedelics. ...
High Tide to Acquire Crossroads Cannabis
CALGARY, AB - High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that it is taking yet another step to expand its bricks-and-mortar retail cannabis operations, by entering into a definitive agreement pursuant to which High Tide will acquire ...
Item 9 Labs Corp. Strengthens Board of Directors with Appointment of Massage Heights Founder
PHOENIX - Item 9 Labs Corp. (OTCQX: INLB) – the cannabis dispensary franchisor and operator that produces premium, award-winning products – announced that Shane Evans, founder of Massage Heights, has been appointed to its Board of Directors. "Adding Shane to our Board of Directors brings an invaluable level of experience in the wellness and franchise ...
Halo Collective Announces Changes to Board of Directors
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced the appointment of Avtar Dhaliwal, an authorityin the food industry with expertise in supply chain, compliance, and regulatory processes, and Quinn Field-Dyte, a renowned financier with expertise in mergers and acquisitions, to the Company's Board of Directors. Effective March 2, 2022, both will ...
Harborside Inc. Completes Acquisition of Urbn Leaf and Appoints Ed Schmults as CEO
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, announced that it completed the previously announced acquisition of UL Holdings Inc., a California cannabis retailer with a dominant position in southern California. The Company is also pleased to announce that Ed Schmults has been appointed as Chief Executive Officer ...
Expanded Training for the Growing Cannabis Industry
TULSA, Okla. - The cannabis industry has exploded in Oklahoma, ranking ninth in the country for the number of jobs in the cannabis industry, according to a 2021 jobs report by Leafly, a cannabis investor group. That same report shows the industry employs more than 16,000 residents, which is more cannabis workers than construction workers. ...
Treez Achieves SOC 2 Type I Compliance
SAN FRANCISCO - Treez (www.treez.io), a private company and enterprise cloud commerce platform that streamlines retail and supply chain operations within the cannabis market, announced the successful completion of its Systems and Organization Controls (SOC) 2 Type I audit which validates the company's cloud infrastructure as compliant in its business processes, policies and procedures in ...
MedMen Announces Sale of Florida Assets, New Trademark Licensing Agreement
LOS ANGELES--MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced plans to sell its Florida assets to Florida-based private company Green Sentry Holdings LLC for $83 million. The cash deal includes the sale of substantially all of MedMen’s Florida-based assets, including its license, dispensaries, inventory ...
Calgary-Based Med Plant Science Ltd. Granted License to Research & Develop Psychedelics in St Vincent and The Grenadines
CALGARY, AB- Calgary-based biotech company, Med Plant Science Ltd, has been awarded a license for medicinal plants containing psychedelic compounds by the St. Vincent and the Grenadines (SVG) Bureau of Standards. The Scientific Research License allows for cultivation, processing, import/export of psychedelic compounds for medicinal purposes and scientific research. It applies to the following compounds: ...
Goodness Growth Holdings Launches Full Line of Cannabis Flower in Minnesota
MINNEAPOLIS - Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, announced that its Minnesota operating subsidiary, Vireo Health of Minnesota, LLC, has launched a full line of cannabis flower in Minnesota's medical cannabis program. The launch of cannabis flower is in accordance with Minnesota's new regulations allowing ...
Incannex Completes Listing of American Depositary Shares on Nasdaq
MELBOURNE, Australia - Incannex Healthcare Limited (Nasdaq: IXHL) (ASX: IHL), a clinical-stage pharmaceutical company developing unique medicinal cannabis pharmaceutical products and psychedelic medicine therapies for unmet medical needs, today announced that American Depositary Shares ('ADS') representing its ordinary shares have commenced trading on the Nasdaq Global Market ('Nasdaq') under the ticker symbol 'IXHL'. Each IXHL ...
Flora Growth Completes Acquisition of JustCBD
MIAMI & TORONTO--Flora Growth Corp. (NASDAQ: FLGC), a outdoor cultivator and manufacturer of global cannabis products and brands, announced today that it has acquired 100% of the equity interests in each of Just Brands LLC and High Roller Private Label LLC for cash consideration of US $16.0 million and 9.5 million privately issued Flora common ...
Halo Collective Receives All Approvals for Budega™ Dispensary in North Hollywood, California
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced that it has received all final approvals from the Los Angeles Department of Cannabis Regulation and California Department of Cannabis Control to commence adult-use sales at its Budega branded retail dispensary in the Arts District of North Hollywood, California. With the required license ...
CannTrust Announces New Investment Partners, Provides Timeline for CCAA Exit
VAUGHAN, ON – CannTrust Holdings Inc. (unlisted) announced that it has secured new investment partners, led by Marshall Fields International B.V. , a subsidiary of Kenzoll B.V., a Netherlands-based private equity investment company. "We are delighted to have found great partners who share our vision for the future of the Company. This is the culmination ...
American Cannabis Company Partners with Bubba Kush Cannabis Brand
DENVER, CO – American Cannabis Company, Inc. (OTCQB: AMMJ) (ACC), a business-to-business cannabis consulting solutions provider and licensed owner operator, is pleased to announce a partnership with the Bubba Kush cannabis brand. As part of this partnership, the Company will provide extensive cultivation and consulting services to Bubba Kush, and work closely with them to ...
Kiaro Expands Footprint to Become the Public Cannabis Retailer in British Columbia
VANCOUVER, BC - Kiaro Holdings Corp. (TSXV: KO) (OTC: KIARF), a national omni-channel cannabis retailer and wholesale distributor, announced the opening of a new retail cannabis store during the month of January 2022. The new store is located at 1650 Pandosy Street in Kelowna, British Columbia and was opened to the public on December 31st ...
Isracann Signs LOI to Acquire Natural Health Medicine Developer
VANCOUVER, British Columbia - Isracann Biosciences Inc. (CSE: IPOT) (XFRA: A2PT0E) (OTC: ISCNF) a biosciences company focused on researching and developing innovative health solutions in conjunction with its advanced stage activities aimed at becoming a premier low-cost, high-quality cannabis producer/distributor is pleased to announce that it has entered into a binding LOI to acquire Praesidio ...
Harborside Inc. Announces Mandatory Conversion of all Multiple Voting Shares to Subordinate Voting Shares
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR), (OTCQX: HBORF), a California-focused, cannabis enterprise, announced that, further to its news release dated September 27, 2021, it will undergo a mandatory conversion of all of its issued and outstanding multiple voting shares to Subordinate voting shares. This announcement follows on the implementation of certain amendments ...
MediaJel Capital Brings New Funding Platform to Cannabis Marketers
WALNUT CREEK, Calif. -- MediaJel, a leading digital marketing and programmatic software platform for cannabis and other regulated brands, today announced the launch of MediaJel Capital, a unique online funding source dedicated to helping regulated marketers access and utilize essential funds to build brand awareness, acquire new customers, and grow their businesses. Via a 3-step ...