Business

SAN FRANCISCO -- Treez (www.treez.io), a private company and leading enterprise cloud commerce platform that streamlines retail and supply chain operations in the cannabis market, today announced highlights of its 2021 results, reflecting aggressive revenue growth, expansion in new markets, and proven delivery of impressive increases in both sales and profit margin for customers from ...

MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced that it has closed the acquisition of Cultivauna, LLC, the owner of Levia branded cannabis infused seltzers and water-soluble tinctures. “Bringing Levia into the Ayr family represents a key addition to our portfolio of high-quality, branded offerings,” said Jonathan Sandelman, ...

LOS ANGELES - Cann, cannabis-infused beverage company, announced a $27M Series A funding round coming from fresh institutional capital, existing investors like Imaginary Ventures doubling down, and a roster of new celebrity investors including Nina Dobrev, Adam Devine, Zoey Deutch, Jordan Cooper, Sara Foster and Rosario Dawson. In addition to this milestone funding round, Cann ...

DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., is exploring the entry into the CBD wellness beverage market with new CBD social elixirs currently under development with an expected launch date later in the calendar year. "Entering the beverage category is reflective of our increased focus on new product categories and formats to ...

OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, today announces the acquisition of a further 29.9% interest in FGW Haight, Inc., a company that has the conditional use approval necessary to operate a cannabis dispensary and related businesses located in San Francisco's Haight-Ashbury district. Harborside is acquiring ...

TORONTO and RIONEGRO, Colombia - PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S.,announced that it had signed a sales agreement with Greenstein Germany GmbH, an independent pharmaceutical wholesaler specializing in the distribution of cannabis-based phytopharmaceuticals in Germany. Greenstein has a ...

TORONTO - Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), an innovative, commercial-stage, and international biopharmaceutical company focused on the development, advancement, and commercialization of evidence-based, cannabinoid-based products, is pleased to announce that it has executed a non-binding term sheet with Tetra Bio-Pharma to assess entering into a strategic partnership comprising of three strategic pillars, ...

BOCA RATON, Fla. and MELBOURNE, Australia - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids today announced an expansion of its relationship with Australian medical cannabis company Cannatrek Ltd. by signing a two-year, take-or-pay basis supply agreement that includes high-THC flower from Portugal, while expanding on its ...

NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state cannabis operator focused on bettering lives through cannabis, today announced that it has promoted the Company's Co-founder and Chief Strategy Officer, Frank Perullo, to President of AWH. Perullo will be responsible for AWH's day-to-day operations, with the Retail, Sales and Marketing, and ...

TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders. On November 9, 2021, the Company announced that it applied for a management cease trade order with the applicable securities regulatory authorities ...

DENVER–Cannabis sales broke another record last year, topping $2.22 billion in products sold, according to the Colorado Department of Revenue. This eclipses 2020 sales that reached upwards of $2.1 billion, which set a previous record. Since the state began tracking cannabis sales in January 2014, cananbissold by both medical and retail cannabis stores has cashed ...

TORONTO - The Flowr Corporation (TSXV: FLWR, OTC: FWPF) to provide an operational update at its facilities located in Portugal owned and operated by Flowr’s subsidiary, Holigen Holdings Limited. “We still firmly believe that Holigen’s team and assets are a unique entry point into the European Union. The Sintra facility is one of very few ...

SANTA ANA, Calif. - Unrivaled Brands, Inc. (OTCQX: UNRV) announced the successful closing of the sale of the Company’s non-operating real property and building located on Dyer Road in Santa Ana, CA for $13.4 million. The sale results in the Company retiring $9.0 million of outstanding debt on the property. The Company is continuing to ...

SAN DIEGO - Medical Marijuana, Inc. (OTC: MJNA), announced today that the Company’s Chief Financial and Information Officer, Todd Morrow, has been promoted and will now serve as the Company’s President. Prior to joining the Company, Morrow, who has more than 20 years of experience in product development, merchandising and marketing, served as Vice President ...

VANCOUVER, BC - Village Farms International, Inc.  (NASDAQ: VFF) announced the appointment of Ann Gillin Lefever to the position of Executive Vice President of Corporate Affairs, reporting directly to the Chief Executive Officer, effective immediately. In this newly created role, Ms. Gillin Lefever will be responsible for overseeing investor relations, providing guidance on strategy, growth ...

CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announce that further to its press release dated January 5, 2022, the Company has completed its acquisition of 100% of the equity interest of Bud Room Inc., as well as assignments ...

VANCOUVER, British Columbia, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA) (“Mydecine” or the “Company”), a biotechnology company aiming to transform the treatment of mental health and addiction disorders, today announced that Health Canada has included the dealer’s license Mydecine operates under as a supplier for the Special ...

SANTA ANA -- Unrivaled Brands, Inc. (OTCQX: UNRV) today announced a distribution agreement with POTTERS Cannabis Co., a legacy California cannabis vape cartridge brand. The Agreement will bring Potters’ diverse lineup of products into Unrivaled’s California distribution network. Rooted in healthcare and wellness, POTTERS was originally launched as an all-natural solution for holistic pain management before ...

JEFFERSON CITY U.S. Agriculture Secretary Tom Vilsack (featured picture) paid a visit to Lincoln University on Monday and announced that the USDA will invest $1 billion in climate-smart commodities and provide funding for pilot projects. Because of how severely local farmers are impacted by climate change, Vilsack stressed the significance of forming forces with them ...

VANCOUVER, B.C.,–Apex Labs is also announce the filing of a phase 2a Clinical Trial Application with Health Canada on February 3rd, 2022. This CTA is for a randomized, double-blind, placebo-controlled, dose-finding study to evaluate the safety, tolerability and efficacy of psilocybin in Veterans with post-traumatic stress disorder using drug product APEX-002.  Apex has secured its ...

NEW YORK-- Fyllo, a leader in compliance-first SaaS solutions for highly regulated, high-growth industries, announced the launch of Jurisdiction Dashboard, a new feature in the Fyllo Regulatory Database. The dashboard, which updates in real-time, provides a complete, strategic view of jurisdiction-level cannabis activity and history, helping users quickly compare and contrast jurisdictions, spot trends, and ...

SAN FRANCISCO--Dama Financial, the nation's largest provider of access to banking and payment solutions for the cannabis industry, recently conducted a survey of operators across all cannabis-legal states regarding their concerns and struggles. When asked what business issues or challenges keep them up at night, more than half of respondents (55%) cited either robbery or ...

PORTLAND, Ore.- Thompson Duke Industrial, cannabis oil vaporizer device filling and capping equipment, is now providing automated solutions for filling and capping the Dablicator™ Oil Applicator. The patented Dablicator™ Oil Applicator, invented by California's Jetty Extracts, is designed to precisely dispense cannabis oil, CBD, live resin and related products for various medical and adult use ...

ATLANTA - Standard Insights, an AI as a Service marketing platform announces an integration partnership with Flowhub, a cannabis point-of-sale solution with a valuation of over $200 million that includes leading investors Headline, Poseidon, and celebrity Shawn "Jay-Z" Carter. The cannabis industry is hyper-competitive. Many the dispensary owner are left to wonder what they can ...

NAPLES, Fla. - Enveric Biosciences (NASDAQ: ENVB), a neuroscience company developing next-generation, psychedelic-inspired mental health, and oncology treatments, announced the development of EV104a and EV104b, new molecular conjugates for Osteoarthritis and other pain indications. The treatment paradigm for OA, as reflected in a recent review "Future Directions for the Management of Pain in Osteoarthritis" by ...