Business
Clever Leaves Appoints William Muecke to Board of Directors
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), an operator and licensed producer of pharmaceutical-grade cannabinoids, announced that it has appointed William Muecke to its board of directors, effective March 25, 2022, to fill the vacancy resulting from the previously announced departure of Kyle Detwiler, the Company’s current chairman and CEO, effective ...
The Valens Company Continues to Grow National Market Share
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to provide an update on its recent recreational market share in Canada. Tyler Robson, Chief Executive Officer, Co-Founder and Chair of The Valens Company, said "We have shown strong quarter-over-quarter growth, as we continue to execute on ...
CannTrust Exits Creditor Protection With New Investor, Plans to Rebrand
VAUGHAN, ONTARIO— CannTrust Holdings Inc. announced it will rebrand and change it's name after it emerged from court-supervised proceedings under the Canadian Companies’ Creditors Arrangement Act. This change in fortunes came about when a CannTrust subsidiary received a $17 million capital injection from Dutch investor group, Marshall Fields International B.V. Ontario-based Canntrust was founded at ...
ACCM Announces – Launch of Pennsylvania Advocacy Initiatives Including Work to Approve Delivery
Full Yes We Cann! and Elevated States Programming Will Align, Educate, and Support New and Existing Medical Cannabis Patients WASHINGTON - The American Council of Cannabis Medicine (ACCM) announced that Pennsylvania is fully opening up for historic Yes We Cann! Advocacy initiative, and state centric Elevated States program this week. "ACCM is thrilled to bring ...
Schwazze Signs Definitive Documents to Acquire Assets of Urban Health & Wellness, Inc.
DENVER - Schwazze, (OTCQX: SHWZ), announced that it has signed definitive documents to acquire all the assets of Urban Health & Wellness, Inc. The proposed transaction includes the adult use Urban Dispensary, located at West 38th Avenue and Clay Street, in Denver's vibrant Highlands neighborhood as well as a 7,200 square foot indoor cultivation facility ...
Trees Corporation Announces Closing of Acquisition of Miraculo Inc. and Leadership Changes
TORONTO - Trees Corporation (NEO: TREE, a Canadian cannabis retailer, announced that it has completed its previously announced acquisition of Miraculo Inc. pursuant to the terms of an amalgamation agreement dated February 7, 2022 whereby Miraculo amalgamated with 1000101203 Ontario Inc., a wholly-owned subsidiary of the Company, to form an amalgamated entity in order to ...
Ikänik Farms Announces Executive Change and Corporate Direction
TORONTO - Ikänik Farms, Inc. (CSE: IKNK.U) (FSE: DFMA) has announced that Brian Baca has tendered his resignation as CEO and Director of the Company effectively immediately. Borja Sanz De Madrid has been appointed interim CEO. J.J. Thomas has also resigned as a Director of the Company. Mr. Sanz de Madrid is President of Pideka ...
IM Cannabis Closes Three Previously Announced Strategic Acquisitions in Israel
TORONTO and GLIL YAM, Israel - IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC), a medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, has completed three strategic acquisitions announced in 2021. The acquisitions were completed through IMC Holdings Ltd. , a wholly-owned subsidiary of IM Cannabis Corp. and I.M.C Pharma Ltd., ...
Kulbi and NMBLProducts Announce Exclusive Partnership for Amazon.com
LOS ANGELES - Kulbi, creators of the world renowned Blackbox product - www.blackboxgoods.com - has signed an exclusive deal to officially be the only seller worldwide to now carry the NMBL GO, the top trending joint case product in the cannabis sector right now! Since its launch in 2019, Kulbi has been one of the ...
Curaleaf Appoints Neil Davidson as Interim Chief Financial Officer
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced today that it has appointed Neil Davidson as Interim Chief Financial Officer, effective March 14, 2022. Mr. Davidson, who served as Curaleaf CFO from 2019-2020 and as Chief Operating Officer until now, will serve in ...
Neptune Wellness Solutions Inc. Closes US$8,000,000 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, announced that it has closed on the previously announced registered direct offering with a single strategic consumer-focused institutional investor for the purchase and sale of (i) 18,500,000 common shares of the ...
Akanda Corp. Announces Pricing of Initial Public Offering and Expects To Commence Trading on NASDAQ
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) congratulates Akanda Corp. (NASDAQ: AKAN), an international medical cannabis company, on the pricing of its initial public offering of 4,000,000 common shares at a price of $4.00 per share to the public for a total of $16,000,000 of gross proceeds to Akanda, prior to ...
Curaleaf Celebrates Opening Of Tamarac, Florida Dispensary
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced the opening of its newest location in Tamarac, Florida. Curaleaf Tamarac is the Company's 45th location in Florida and the second in Broward County. Located at 6899 N University Drive, Curaleaf Tamarac will expand medical ...
Decibel Announces a Fourth Consecutive Month of Record Market Share and Provides an Operational Update
CALGARY, AB - Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) is pleased to provide an operational update with respect to its capital projects and announces its fourth consecutive month of record market share in February. "With our capital projects having achieved key milestones, it is a testament to our commitment to quality products, which ...
Glass House Brands Receives Licenses to Operate SoCal Greenhouse Facility
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), announced that as of March 11th, 2022 it had received California state cannabis licenses, as well as a cannabis business license from Ventura County, for the Phase I retrofit of the Company's 5.5 million square foot greenhouse ...
AWH Announces Release of its 2021 Environmental, Social, and Governance Metrics
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a cannabis operator focused on bettering lives through cannabis, today announced the release of its 2021 environmental, social and governance metrics, aligned with the Sustainability Accounting Standards Board framework. "We are proud to release our inaugural ESG report, which highlights our disclosure of SASB ...
Day One CBD Joins Forces With LA Distributing Company Inc.
LAS VEGAS - Day One CBD sparkling water is pleased to announce that is has united with LA Distributing Company to manage and expand distribution of Day One across Los Angeles, Orange, Riverside, San Bernardino, Ventura and Santa Barbara. "Day One is not a new face to the CBD category. The brand resurrected at the ...
Green Thumb Industries Announces Departure of Wes Moore from Board of Directors
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise dispensaries, announced the resignation of Wes Moore from its board of directors. Moore joined Green Thumb’s board of directors in 2018 and served on the audit and compensation ...
SEI and NIHC Enter MOU to offer the ASTM HEMPQ + NIHC Certification Program for Test Laboratories
WASHINGTON - The Safety Equipment Institute, an affiliate of ASTM International, and the National Industrial Hemp Council of America (NIHC) announced they have signed a memorandum of understanding (MOU) to develop a joint certification program for hemp testing laboratories. This initiative will lead to industry harmonization and embed confidence of hemp brands promoting consumer health ...
The Green Organic Dutchman Secures Additional $5 Million Credit Facility
TORONTO - The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US-OTC: TGODF), a sustainable global cannabis company is pleased to announce that it has agreed to amend the terms of the amended and restated credit agreement dated September 29, 2021, as amended by a first amendment dated November 20, 2021, between The Green Organic Dutchman ...
Curaleaf’s Select Brand Expands Product Offerings With Live Rosin Solventless Extracts
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today launched Select Live Rosin, the Company's first line of solventless extracts, to patients across Florida. The products will initially launch at 12 Curaleaf locations and will continue to expand statewide by April 7th. Select Live ...
Neptune Wellness Solutions Inc. Announces US$8,000,000 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, announced that it has entered into a definitive agreement with a single strategic consumer-focused institutional investor for the purchase and sale of (i) 18,500,000 common shares of the Company and (ii) ...
TerrAscend Completes Acquisition of Gage Cannabis
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis multi-state operator, and Gage Growth Corp. (CSE: GAGE, OTCQX: GAEGF), a high-quality premium cannabis brand and operator, today announced that they have completed their previously announced court-approved plan of arrangement under the Canada Business Corporations Act, whereby TerrAscend has acquired all of the ...
Item 9 Labs Corp. Launches Reg A+ Public Offering & Keep Cannabis Local Campaign
PHOENIX - Item 9 Labs Corp. (OTCQX: INLB)– a cannabis dispensary franchisor and operator that produces premium products – announced the launch of its global, streamlined Regulation A, Tier 2 public offering for unaccredited and accredited investors. Now anyone can become a shareholder in Item 9 Labs Corp., which includes the national dispensary franchise, Unity ...
Happiness Development Group Limited Entered into Letter of Intent to Invest $6 Million in Kannaba Agritech Corp.
NANPING, China - Happiness Development Group Limited, (NASDAQ: HAPP) an emerging and diversified company engaging in the business of production of nutraceutical and dietary supplements, providing e-commerce sales and e-commerce marketing solutions, and the sales of automobiles today announced that the Company has entered a non-binding letter of intent with Kannaba Agritech Corp., a Cannabis ...