Business
HEXO Corp.’s Shareholders Approve Note Transaction with Tilray Brands
GATINEAU, Québec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO) is pleased to announce that at its reconvened special meeting of shareholders held today, holders of common shares of HEXO approved the previously announced transaction with Tilray Brands, Inc. (Nasdaq | TSX: TLRY) and HT Investments MA LLC. The Meeting was originally held on June 14, ...
Charlotte’s Web Full Spectrum “Original Formula” CBD Validated in UK Food Standards Agency Novel Foods Evaluation Process
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has passed validation in its Novel Food applications from the Food Standards Agency in the United Kingdom for its Original Formula full-spectrum hemp extract product. This marks a milestone for its Original Formula. Charlotte's Web is the only substantially vertically integrated US company with a ...
Canopy Growth Announces Exchanges with Holders of Approximately US$198 Million of Convertible Notes
SMITHS FALLS - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced that it has entered into privately negotiated exchange agreements with a limited number of holders, including Constellation Brands, Inc. through its wholly-owned subsidiary Greenstar Canada Investment Limited Partnership, of the Company's outstanding 4.25% unsecured convertible senior notes due 2023 (the "Notes"), to acquire approximately ...
Akerna Corp. Announces Pricing of $10 Million Public Offering
DENVER - Akerna Corp. (Nasdaq: KERN), enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced the pricing of an underwritten public offering of (i) 29,382,861 units of the Company consisting of 29,382,861 shares of common stock together with common stock ...
Tilray Medical Expands Portfolio of Medical Cannabis Products in the UK
LEAMINGTON, Ontario - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced that its medical cannabis division, Tilray Medical, has expanded its medical cannabis offerings in the United Kingdom. Tilray Medical now offers the broadest ...
Fast Buds: German Cannabis Legalisation Will Open the Door to Home Cultivation
BARCELONA - In a potentially game-changing development for the cannabis industry, the German government has confirmed its plans to legalise the sale of recreational cannabis in the coming months. The policy, first revealed as part of a pledge in the deal between Chancellor Olaf Scholz's recently formed coalition government, is expected to open the door ...
Cronos Group Partners with Geocann to Leverage VESIsorb® Delivery Technology for Faster Absorption
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), announce the launch of the first of what is expected to be a range of products, in partnership with Geocann, which will utilize the advanced VESIsorb® delivery system. This technology provides better bioavailability and faster absorption. VESIsorb® formulations have set the industry benchmark in peer-reviewed published ...
Charlotte’s Web Announces Shareholder Meeting Voting Results
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. is pleased to announce the results from its 2022 annual general meeting of shareholders held on June 22, 2022 via live audio webcast. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Proxy Statement dated April 28, 2022, ...
Cronos Group Inc. Announces Results of 2022 Annual Meeting of Shareholders
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) announces that at its Annual Meeting of Shareholders held on June 23, 2022 shareholders voting in person or by proxy held in total 265,763,587 common shares of the Company, representing 70.76% of the total number of common shares of the Company outstanding. Each of the directors ...
Neptune Wellness Solutions Inc. Closes $5 Million Registered Direct Offering
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that it has closed on the previously announced registered direct offering with several institutional investors for the purchase and sale of an aggregate of 1,945,526 common shares (or common ...
The Parent Company Announces Annual General and Special Meeting Voting Results
SAN JOSE, Calif. - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, today announced the results of its Annual General and Special Meeting of Shareholders held on Wednesday, June 22, 2022. Voting Results At the AGM, the Company's shareholders voted on the following matters, the full details of which are set ...
American Veteran Opens Cannabis Dispensary and Donates Proceeds to Disabled American Veterans
SANFORD, Fla. - Patrick O'Brien is by no means just an ordinary cannabis enthusiast. This third-generation cannabis grower and American veteran has trained over 60,000 students at his five-acre indoor/outdoor cannabis college and farm in Apopka, Florida (Sativa University). Now, he is opening his line of accessible cannabis dispensaries, known as Chronic Guru. Billion-dollar cannabis ...
Tilray Medical Welcomes Government of Luxembourg Delegation Visit to European Campus in Portugal
LISBON, Portugal - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, welcomes the Luxembourg Ministry of Health Delegation to the Company’s European campus and facility located in Cantanhede, Portugal. Tilray’s EU-GMP-certified medical cannabis cultivation and manufacturing ...
The Valens Company Signs Exclusive Cannabis Partnership with Coldhaus Distribution
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of branded cannabis products, today announced that it has secured an exclusive cannabis partnership with Coldhaus Distribution to provide logistics solutions for Valens-branded cannabis products across Ontario, Alberta, and British Columbia. Pursuant to the two-year partnership, Coldhaus in conjunction with Valens will ...
Cronos Group and Ginkgo Bioworks Announce Achievement of THCV Equity Milestone
TORONTO and BOSTON - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), an innovative global cannabinoid company, and Ginkgo Bioworks (NYSE: DNA), horizontal platform for cell programming, announced the achievement of the third target productivity milestone in their partnership to produce eight cultured cannabinoids. Using Ginkgo's platform for organism design and development, Cronos has successfully achieved ...
Charlotte’s Web Appoints Greg Gould Chief Financial Officer and Chief Administration Officer
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has appointed Greg Gould as the Company's Chief Financial Officer and Chief Administration Officer. Greg Gould is a senior finance executive with more than two decades of experience in Chief Financial Officer roles, leading multiple small and medium-sized businesses within the natural wellness and biopharmaceutical sectors. Mr. Gould ...
HEXO Corp.’s Shareholders Approve Standby Commitment Transaction
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) to announce that at its special meeting of shareholders held yesterday, holders of common shares of HEXO overwhelmingly approved the previously announced equity purchase agreement with 2692106 Ontario Inc. and KAOS Capital Ltd. A total of 73,880,016 Common Shares (approximately 16.12% of the issued and outstanding ...
Jushi Holdings Inc. Issues Statement on Commonwealth Court of Pennsylvania Order Lifting the Stay of Temporary Injunctive Relief
BOCA RATON, Fla.- Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, issued the following statement on the Commonwealth Court of Pennsylvania granting Medical Marijuana Access & Patient Safety, Inc.’s application to vacate the automatic stay of injunctive relief ordered on June 2, 2022, temporarily halting the Pennsylvania Department of Health’s recall of ...
The Valens Company Receives Additional Product Listings with SQDC
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS), a manufacturer of branded cannabis products, today announced the launch of a Quebec-exclusive brand, Bon Jak. Valens continues to build its presence in Quebec with the addition of several exciting new SKUs under the Bon Jak brand, which is focused on delivering unique user ...
Angel City Football Club Announces Charlotte’s Web as Team’s Official CBD Partner
DENVER and LOS ANGELES - Angel City Football Club (ACFC) announced Charlotte's Web Inc. as the team's Official CBD Partner. The partnership with the pioneer of the CBD industry—known as The World's Most Trusted Hemp Extract™— was inspired by a shared interest in wellness solutions and driven by the purpose-focused mission of both organizations. Through ...
PanXchange and NIHC Announce Partnership for Climate-Smart Agriculture
DENVER - PanXchange, the industry market structure solution and benchmark price provider for US hemp, and the Washington DC-based National Industrial Hemp Council of America announced that they have signed a memorandum of understanding (MOU) that will support the growth of financial incentives for carbon sequestration for the US industrial hemp market. "NIHC is a ...
Tilray Brands Announces Enhancements to Accretive Strategic Transaction with HEXO
LEAMINGTON, Ontario - Tilray Brands, Inc. (Nasdaq | TSX: TLRY) announced that the Company has entered into amendments to improve the terms of its previously-disclosed agreements to acquire all of the outstanding principal, plus accrued and unpaid interest, under a secured convertible note issued by HEXO Corp. to HT Investments MA LLC. These amendments provide ...
Neptune Wellness Appoints Raymond Silcock as Chief Financial Officer
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, announced the appointment of Raymond Silcock as Chief Financial Officer, effective July 25, 2022. "We are pleased to have Ray join Neptune's executive team, bringing with him ...
Ayr Receives Final License to Sell Adult-Use Cannabis in Watertown
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced that the Massachusetts Cannabis Control Commission has granted a final license for the sale of adult-use cannabis at its AYR Watertown dispensary in Greater Boston. The CCC voted to grant the final license at its meeting on June 9, 2022. ...
4Front Ventures Makes Several Key Senior Leadership, Board of Directors Appointments
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a multi-state cannabis operator and retailer, announced several key leadership appointments, including a new Chief Financial Officer, Executive Vice President, General Counsel, President of California Operations and two additional Board members. 4Front has added Keith Adams as chief financial officer; Christopher Wimmer as general counsel; Ray ...