Business
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 ...
Ayr Wellness Adds Joyce Johnson-Miller to Board of Directors
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced that it has welcomed Joyce Johnson-Miller to the Company’s Board of Directors. Additionally, Ms. Johnson-Miller has been appointed and confirmed to the Company’s Audit Committee. “Joyce brings valuable experience and presence to our Board of Directors,” said Jonathan Sandelman, Founder, ...
Charlotte’s Web Names Jade Proudman Global Brand Ambassador
DENVER and LONDON - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has named Jade Proudman, the Chief Executive Officer of Savage Cabbage, one of the oldest and trusted CBD companies in the UK, as a Global Brand Ambassador for Charlotte's Web. As the founder and CEO of London-based Savage Cabbage, Jade Proudman has become ...
Thomas Scientific Unveils Cannabis Team to Serve Rapidly Growing Industry
SWEDESBORO, N.J. - North America's distributor serving science, Thomas Scientific, has launched a dedicated cannabis team and business unit committed to serving laboratories, researchers, and manufacturers operating within the growing industry. Following the blueprint successfully implemented by its diagnostics and controlled environments teams in 2021, Thomas Scientific's cannabis unit will be led by a group ...
Study: Medical Cannabis Treatment Reduces Daily Morphine Intake in Chronic Pain Patients
PITTSBURG– (NORML) The use of cannabis products is associated with a reduction in pain patients’ daily consumption of opioids, according to data published in the journal Pain Physician. A team of investigators affiliated with the Institute for Pain Medicine in Pennsylvania assessed opioid use trends in a cohort of 115 chronic pain patients who initiated medical cannabis therapy. Patients in ...
BREAKING: California CBD extraction firm Leef Holdings acquired by Canadian company for $120M
VANCOUVER, BC–Icanic Brands Company, Inc. (CSE: ICAN, OTCQB: ICNAF) a multi-state brand operator of premium Cannabis brands in California and Nevada, is pleased to announce that the Company has entered into a definitive agreement with LEEF Holdings, Inc., a California based extractions company. LEEF is one of the largest cannabis extraction companies in the state ...
Clever Leaves Enters US Consumer CBD Market
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced its entrance to the U.S. CBD market through the launch of its consumer-oriented CBD line JoySol™. JoySol is produced by Arizona-based Herbal Brands, Inc., a consumer goods manufacturer, wholesaler and direct-to-consumer e-tailer and a ...
Nova Mentis and KGK Science Form Tactical Partnership
VANCOUVER, BC - Nova Mentis Life Science Corp. (CSE: NOVA) (FSE: HN3Q) (OTCQB: NMLSF), a biotechnology company announced that the Company has formed a tactical partnership with KGK Science Inc., which is a subsidiary of Wellbeing Digital Sciences Inc. (NEO: MEDI), to develop its psychedelic psilocybin drug portfolio in Canada. KGK is a North American ...
Schwazze Closes Acquisition of Drift
DENVER - Schwazze, (OTCQX:SHWZ), announced that it has closed the transaction to acquire the assets of BG3 Investments, LLC dba Drift which consists of two cannabis dispensaries located in Boulder, Colorado. This purchase continues Schwazze's expansion plan in Colorado, adding to the Company's current dispensary footprint, and bringing the total number of dispensaries to twenty. ...
Hempcrete Submitted for Certification in US Building Codes
LOS ANGELES–The professional association representing the US hemp building industry announced that hemp and lime (hempcrete) insulation will be certified in US building codes. On Jan. 10, the US Hemp Building Foundation, the non-profit arm of the US Hemp Building Association, submitted hempcrete as an appendix to the International Residential Codes. The goal is to ...
Psyched Wellness Provides Update on Anti-Inflammatory Study with the National Research Council of Canada
TORONTO- Psyched Wellness Ltd. (CSE: PSYC) (OTCQB: PSYCF) (FSE: 5U9), a life sciences company focused on the production and distribution of artisanal functional mushrooms, is pleased to announce that the preliminary data from its study with the National Research Council of Canada (NRC) indicates that AME-1, the Company's key proprietary extract, holds anti-inflammatory properties. The study ...
Halo Collective Completes Acquisition of H2C Beverages and Securities Issuance to Independent Consultants and Related Parties
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) has completed the previously announced acquisition of 1285826 B.C. Ltd. (dba H2C Beverages), a company focused on cannabinoids and non-psychotropic mushroom functional beverages. The Company also announced the issuance of 1,981,349 common shares of the Compan to certain independent consultants and related parties of ...
Akerna Releases 2021 Cannabis Industry Year-End Review
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, announced the release of its annual Cannabis Industry Year-End Review. This report highlights the state of the ever-changing and emerging cannabis industry. It takes a deep dive into ...
Tilray Expands Medical Cannabis Product Offering in Australia
NEW YORK and SYDNEY - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company announced the expansion of its medical cannabis product offering in Australia and a new medical cannabis e-learning platform for healthcare providers. Denise Faltischek, Head of International and Chief Strategy Officer, said, “Tilray is transforming the ...
Trulieve Celebrates Completion of Statewide Retail Rebrand in Pennsylvania
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), is hosting a statewide grand re-branding celebration spanning all Trulieve-affiliated Pennsylvania retail locations on Saturday, Jan. 29. Trulieve invites registered medical marijuana patients and caregivers to join the celebration at each of its affiliated medical marijuana dispensaries across the state. While all locations will be ...
Labstat International Inc. & The Blinc Group Study Finds Vape Habits Don’t Cross Borders
KITCHENER, ON - Labstat International Inc., Canada's independent third-party cannabis testing company, in partnership with The Blinc Group, Inc., the regulatory-focused designer and provider of premium, customized and bespoke vaporizer technologies, have conducted the first North American Cannabis Vape Consumption Survey aimed at better understanding how consumers use vaping devices. The study, Cannabis Puffing Regimes: ...
CULTA Announces Membership in the Sustainable Cannabis Coalition
BETHESDA, Md. - CULTA, an independent producer of craft cannabis and extracts in Maryland, announced that it's joined the Sustainable Cannabis Coalition (SCC). This is just the latest move in the cultivator's long-term and ongoing investment in a more sustainable future. The SCC is a group of cannabis industry that work together to improve and ...
Trade Roots Secures Final Retail License and Announces Management Restructuring Ahead of Store Opening
WAREHAM, Mass. Massachusetts Cannabis Control Commission awards Trade Roots a final retail license to go along with Trade Roots' final cultivation and product manufacturing licenses Adds two executive officers to further Trade Roots' growth and achievement of strategic objectives Final Licenses LDE Holdings, LLC (d/b/a Trade Roots) , a Massachusetts-based adult-use craft cannabis company, announced ...
Fohse Joins “Growing Belushi” With Jim Belushi on Discovery
LAS VEGAS - On 19 January 2022, "Growing Belushi" with Jim Belushi returned on Discovery with season 2 of the show. Fohse will be teaming up with Jim to equip his farm with LED fixtures to increase Jim's cannabis production. In season 2, viewers will witness Jim Belushi's evolution from hobby boutique cultivator to multi-state ...
Mark Donovan Named Chief Operating Officer of TrueGreen
WILMINGTON, Del. - TrueGreen, a provider of smart packaging technology solutions for the cannabis industry, announced the appointment of Mark Donovan as its Chief Operating Officer (COO). An accomplished entrepreneur and executive with extensive experience driving consumer engagement through technology, Donovan joins TrueGreen to accelerate expansion of the company's intelligent packaging solutions for the cannabis ...