Business
Schwazze Closes New Mexico Acquisition
DENVER - Schwazze, (OTCQX: SHWZ), a cannabis operators in Colorado, announced that it has closed the transaction to acquire substantially all the operating assets of Reynold Greenleaf & Associates, LLC, and the equity of Elemental Kitchen & Laboratories, LLC. As part of the transaction, the Company will also have a right to purchase or acquire ...
Sierra Sage Herbs Acquired By Creso Pharma
LYONS, Colo. - Sierra Sage Herbs, maker of the best-selling Green Goo, Southern Butter and Good Goo natural products brands, announced its acquisition by Australia's Creso Pharma Limited (ASX: CPH, OTC: COPHF, FRA: 1X8). The deal extends Creso's global footprint to the US market while adding an additional range of natural health products to its ...
Canntab Signs Historic Agreement With First Nations Growers GP INC.
TORONTO - Canntab Therapeutics Limited (CSE:PILL) (OTCQB:CTABF) (FRA:TBF1), an innovator of cannabinoid and terpene blends in hard pill form for therapeutic applications, announced a strategic planning collaboration and commercial partnership to create an Indigenous Opiate and Illicit Drug Crisis Plan lead by First Nations community leader Chief Adam Pawis of the Shawanaga First Nation. The ...
Charlotte’s Web Achieves ISO Certification for In-House Lab Testing
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has achieved International Organization for Standardization (ISO) 17025 certification. This certifies that Charlotte's Web has met the technical and quality benchmarks required by ISO 17025 for analytical chemistry testing methods. The certification applies to its quality control (QC) testing laboratory housed within its state-of-the-art 137,000 ...
TerrAscend Announces Key Leadership Team Additions
NEW YORK and TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced the appointment of Charishma Kothari as SVP Marketing, Charles Oster as SVP Sales, and Jared Anderson as SVP Finance and Strategy. These leaders have decades of experience across industries, including Cannabis, Consumer Goods, Pharma, and Retail – all ...
Assemblyman Thurston “Smitty” Smith Introduces Legislation to Increase Penalties on Industrial-Grade Illegal Cannabis Grows
APPLE VALLEY, CA – Today, Assemblyman Thurston “Smitty” Smith introduced legislation that seeks to combat illegal marijuana grows that have been proliferating throughout the rural High Desert communities. AB 1725 would make changes to Proposition 64 to increase penalties from a misdemeanor to a felony for illegal marijuana growers possessing six or more live cannabis plants. “These illicit growers ...
AskGrowers Provides In-Depth Information and Reviews on Over 5,200 Cannabis Strains
NEW YORK - AskGrowers, a website that educates consumers and provides an in-depth introduction to cannabis for newcomers and experienced connoisseurs alike, has collected information on more than 5,200 strains using 20 different metrics and reviews from readers. "Depending on the cannabis strain you choose, the reaction and side-effects will differ greatly," Irene Stepanenko, AskGrowers, ...
Agrify Acquires Lab Society
BILLERICA, Mass. - Agrify Corporation (Nasdaq:AGFY), the most innovative provider of cultivation and extraction solutions for the cannabis and hemp industry, announced it has acquired Lab Society, a distillation and solvent separation solutions for the cannabis extraction industry. Cannabis represents a potential cornucopia of medicinal and pharmaceutical advancement. Cannabis produces over 550 different phytochemicals, over ...
Awakn Life Sciences Signs MoU With MAPS
TORONTO– Awakn Life Sciences Corp. (NEO: AWKN) (OTCQB: AWKNF) (FSE: 954), a biotechnology company developing and delivering psychedelic therapeutics to treat Addiction, announced earlier this month that it has signed a Memorandum of Understanding with the Multidisciplinary Association for Psychedelic Studies (MAPS) to explore a partnership to utilize MDMA-assisted therapy to treat Alcohol Use Disorder ...
Repsly Announces New Retail Technology Partnership with Curaleaf
BOSTON - Repsly, a retail technology platform, announced it has entered into a technology partnership agreement with Curaleaf (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis. This agreement will support Curaleaf's wholesale operations across the US by providing CRM solutions, retail execution support, and business analytics and insights to the ...
Trulieve Celebrates Statewide Retail Rebrand in Maryland
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the United States, is hosting a statewide celebration commemorating the re-branding of its Maryland retail locations, formerly branded as Harvest. On Saturday, Feb. 5, Trulieve invites registered medical marijuana patients and their caregivers to join the celebration at each retail location ...
GenTech & Conquer Scientific Combine to Become Global Leader in Used & Refurbished Scientific Instruments
BUFFALO, N.Y.– Purity Scientific LLC, a parent company of GenTech Scientific which is a leading provider and servicer of refurbished scientific instruments, announced that it has acquired Conquer Scientific. The acquisition combined two industry leaders, allowing us to be number one in the world with a robust service network, unmatched resources, and an unparalleled inventory of ...
Behind The Scenes: Bespoke Financial: Funding the Future of Cannabis
LOS ANGELES–In a relatively short period of time, Bespoke Financial has established itself as the nation’s first cannabis-focused fintech lending platform. They’ve been in the news lately because they recently secured a new $125 million credit facility for their clients. A facility to lend money to cannabis companies of all shapes and sizes. Funding for ...
Canna Advisors Expands Headquarters to New York & Celebrates with Launch of Inaugural “Pitch Deck” Competition
NEW YORK - Canna Advisors, industry in advisory services for cannabis business development, announced the expansion of their corporate headquarters to New York, NY– supplementing the company's established presence in Boulder, CO. Coinciding with the corporate expansion, Canna Advisors is announcing an inaugural "Pitch Deck" competition, allowing entrepreneurs interested in entering the cannabis industry across ...
ANAB Launches Cannabis Certificate Accreditation Program, Providing Quality Assurance to Consumers and Industry
NEW YORK - As part of its long-term effort to support safety, quality, and consumer health amid the continued growth of the cannabis industry, the ANSI National Accreditation Board (ANAB), a wholly owned subsidiary of the American National Standards Institute (ANSI), has announced the formal launch of its new Cannabis Certificate Accreditation Program (C-CAP). Many ...
The Green Organic Dutchman Appoints New Chief Financial Officer
TORONTO - The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US-OTC: TGODF), a global cannabis company announced the appointment of Ms. Nichola Thompson to the position of Chief Financial Officer of the Company. A finance veteran with over 20 years of experience, Ms. Thompson joins the senior management team at TGOD, having most recently held ...
Cannachange: A New Solution to Increase Sustainability in the Cannabis Industry
LOS ANGELES– (EDITOR: We invited O'Neil Rudolph, the CEO of cannachange to discuss her new business, we thank her for her contributions and insights she shares in this article). The Cannabis Industry produces over 150 million tons of waste every single year. Luckily, I’ve created a solution to increase sustainability in the Cannabis Industry called ...
The Valens Company to Host Investor Day
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS), a manufacturer of cannabis products, announced that it will host a virtual Investor Day on February 7, 2022, at 11:00 AM ET. Registration for the webcast will start at 10:45 AM ET and the presentation will begin at 11:00 AM ET. Valens executive management ...
Schwazze Adds Key Hires to Senior Leadership Team
DENVER - Schwazze, (OTCQX: SHWZ), announced the addition of key roles to support the Company's significant expansion within manufacturing, cultivation, and information technology. As Vice President of Manufacturing and Supply Chain, David Kaufman joined the leadership team from Carlex Glass where he was responsible for global operations. Kaufman is a seasoned executive with experience identifying ...
HEXO Provides Nasdaq Listing Update
GATINEAU, Québec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO), announced that it received notification from The Nasdaq Stock Market LLC that it is not in compliance with the minimum bid price requirement in Nasdaq Listing Rule 5500(a)(2) for continued listing on the Nasdaq Capital Market, since the closing bid price for the Company’s common shares ...
GrowGeneration Acquires Horticultural Rep Group
DENVER - GrowGeneration Corp. (NASDAQ: GRWG), the nation's chain of specialty hydroponic and organic garden centers, announced the acquisition of Horticultural Rep Group (HRG). "With this acquisition, GrowGen is strengthening its global product supply chain and adding significant distribution of its growing list of private label products," said Michael Salaman, President and co-founder of GrowGen. ...
4Front Ventures Corp. Closes Accretive Acquisition of New England Cannabis Corporation
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a multi-state cannabis operator and retailer, announced it has closed on the purchase of New England Cannabis Corporation, a cannabis cultivator with state-of-the-art facilities based in Holliston, Massachusetts. The Massachusetts Cannabis Control Commission approved of the Transaction during its public meeting on January 20, 2022. The ...
The Parent Company Announces Voluntary Extension of Board of Director and Leadership Team Lock-up Agreements
SAN JOSE, Calif - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a California cannabis company, announced that certain insiders have individually voluntarily entered into a twelve-month extension of lock-up agreements with the Company with respect to an aggregate of over 34 million shares of common stock, or approximately 35% of the total issued and outstanding ...
Trulieve Announces Closing of $75 Million Private Placement of 8% Senior Secured Notes
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), announced that it has closed a second tranche of its previously announced private placement of 8% Senior Secured Notes due 2026 for aggregate gross proceeds of US$75.0 million. Together with the first offering of Notes, which closed on October 6, 2021, Trulieve has issued Notes ...
Chicago Atlantic Real Estate Finance Funds Senior Secured Credit Facility to Sanctuary Medicinals
CHICAGO - Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial real estate finance company, announced it funded $10 million as the initial advance of a new $25 million senior secured credit facility to Sanctuary Medicinals LLC to support their retail and cultivation expansion in Florida. Headquartered in Apopka, Florida, Sanctuary operates a premier ...