Business

MIAMI - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF), a cannabis company operating under the Fluent™ brand, today provided notice that it has exercised its first equity cure right under its previously announced $71 Million Credit Agreement. The net proceeds from its US$2.5 million equity private placement announced on December 6, 2021 will be deemed to ...

DENVER - The Policy Center for Public Health & Safety (PH&S) and ASTM International, a global standards organization, have awarded Colorado-based Botanacor Laboratories with ASTM's CANNQ/HEMPQ Program Certification. Botanacor leads the hemp industry in consistent and accurate hemp testing for all types of matrices, from biomass and concentrates to finished products. Botanacor participated in PH&S' ...

WAKEFIELD - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, today launched Select X Bites, one of the first edibles on the market designed to have a faster onset while lasting longer with a stronger effect, all made possible by optimizing the absorption and delivery of THC molecules. ...

KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, announceD that the Company's application to list its common shares on Nasdaq Capital Market has been approved. The Company's common shares are expected to commence trading on Nasdaq under the symbol "VLNS" on December 9, 2021. Valens' common shares ...

LOS ANGELES - LEUNE, a cannabis lifestyle brand beloved by the modern-day, conscious Cannabis Consumer, announced a new expansion into Arizona today. Previously, LEUNE cannabis products had only been available in California. This rollout is the first development of a larger plan of continued expansion throughout the next year. The Arizona launch will initially be ...

MONTREAL - Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a producer of premium-grade cannabis and derivative products with two mega cultivation facilities based in Québec spanning over 1,650,000 sq. ft., today announced its fourth quarter and fiscal year 2021 financial and operating results for the three and twelve-month periods ended August 31, 2021. ...

DÜSSELDORF, Germany and TEL AVIV, Israel - Panaxia Labs Israel Ltd. (TASE: PNAX), a global pharma company that develops, manufactures and markets advanced medical cannabis-based products in pharmaceutical quality, and Neuraxpharm, Europe's pharma company in the field of the central nervous system (CNS) drugs distribution, announced today its first retail sales of medical cannabis extracts ...

SAN FRANCISCO Study results indicate the potential of Cannabis-Responsive biomarkers as a powerful tool in quantifying, at the metabolic level, the benefits of successful medical cannabis treatment in children with ASD. Study results also show the potential of Cannabis-Responsive biomarkers to provide insights into the mechanism of action of medical cannabis treatment, a first step toward improving ...

WASHINGTON - Delta Agriculture president Graham Owens has been named co-chair of the Government Affairs Committee of the National Industrial Hemp Council of America (NIHC). Rick Fox, CEO and Founder of Meristem Farms, remains as co-chair and both will help spearhead advocacy and public policy efforts important to U.S. industrial hemp as the industry continues ...

NEW YORK - BRP Group, Inc. (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, announced the launch of the AlphaRoot management liability insurance program calibrated to the cannabis, hemp and CBD industries within its specialty indirect subsidiary, Millennial Specialty Insurance, LLC dba AlphaRoot*. Given the rapid development of the cannabis sector and ...

TORONTO - Pathway Health, Corp. (TSXV: PHC) announced that it has signed a Collaboration Agreement with Metro Ontario Pharmacies Limited, a subsidiary of Metro Inc. (TSX: MRU), pertaining to the implementation of Pathway's Medical Cannabis Management System in Metro Ontario Pharmacies' Metro Pharmacy and Food Basics Pharmacy bannered pharmacies across Ontario. The joint initiative has ...

TEL AVIV, Israel - GemmaCert Ltd. announced the expansion of its patent portfolio, demonstrating its ongoing commitment to innovation of the cannabis testing industry. Earlier it received a notice of allowance by the United States Patent and Trademark Office (USPTO) for Testing Quality and Potency of Plant Material. GemmaCert's intellectual property portfolio covers the sophisticated ...

ATLANTA - UC Asset LP (OTCQX: UCASU) announced the firm has signed LOI with an Oklahoma cannabis property owner and licensed medical marijuana grower, to acquire its property, including all on-ground structures, for a consideration of $2.2 million. The property is a 4-acre medical marijuana indoor/outdoor property. According to the seller, operation from this property ...

LEDUC, AB - PBG BioPharma Inc., (PBG), a Phytochemical Biopharmaceutical Group company, announced that it has received ISO/IEC 17025 accreditation issued by the Canadian Association for Laboratory Accreditation (CALA) for the testing of cannabis and natural health products at its laboratories in Leduc, Alberta. This licence confirms PBG labs demonstrates technical competence and validity in ...

DENVER - GrowGeneration Corp. (NASDAQ: GRWG), the company specialty hydroponic and organic garden centers, today announced the relocation of its Phoenix, Arizona store. The new 25,000 sq. ft. Super Hydroponic Garden Center is in the Phoenix Metro area, which is just minutes from downtown and the airport. GrowGeneration continues to define the next generation of ...

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, announced it has established an at-the-market equity offering program that allows the Company to issue up to CAD$40 million (or the equivalent in U.S. dollars) of common shares from ...

ST. LOUIS, - CBD Kratom will open its fifth New York City store, 2039-B Broadway in the Upper West Side with a soft store opening planned for today, December 3 followed by an official Grand Opening Event on December 10. CBD Kratom is the privately owned cannabis and kratom retail chain in the United States. ...

TORONTO - Humble & Fume Inc. (CSE: HMBL), a North American distributor of cannabis and cannabis accessories, announced that it has entered into a sales representation and distribution partnership with PAX Labs, Inc., a company in the design and development of app-controlled vaporization technologies and devices, for the commercialization and distribution of PAX-branded vaporizing products ...

CARSON CITY, Nev. - Pharmagreen Biotech, Inc., (OTC Pink: PHBI), released a management update from CEO Peter Wojcik. The update is the first in a series of narratives breaking out the company's strategy as it begins to convert the revenue potential of its proprietary intellectual property into realized revenue. The update is included in its ...

LOS ANGELES- C3 Industries , a multi-state, vertically integrated cannabis company with headquarters in Ann Arbor, MI, has announced the launch of its new 15,000 square foot manufacturing facility in St. Louis, Missouri, which is expected to commence operations in December 2021. C3 has also finalized an exclusive licensing partnership with Kiva Confections to bring Kiva’s award-winning, premium edibles brands ...

WASHINGTON, D.C.– The US federal government has granted researchers studying the therapeutic potential of psychedelic medicine for the first time in 50 years. Indeed, the NIH was a major funder of the early research that showed the promise of psychedelics for mental health decades ago — they once funded more than 130 studies just looking ...

BERKELEY, Calif. - Steep Hill, the United States' commercial cannabis testing lab, expands with a new licensee partner into the state of Illinois. In 2019, Illinois became the 11th state to legalize an adult use cannabis program and the 1st state to legalize adult use by an act of state legislature, along with the medical ...

VANCOUVER, BC - Chemistree Technology Inc. (CSE: CHM) (CSE: CHM.wt) (US OTCQB: CHMJF), announced that the Company has entered into a Subscription Agreement with Philippine Metals Inc. to invest up to $200,000 in Subscription Receipts. PHI, a TSX Venture Exchange listed issuer, is currently working towards completing a transaction with a new and exciting pure-play ...

TORONTO–Cybin Inc. (NEO:CYBN) (NYSE:CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics”, today announced that the U.S. Food and Drug Administration has authorized an investigator-initiated randomized, placebo-controlled Phase 2 clinical trial evaluating psychedelic-assisted psychotherapy with psilocybin for frontline clinicians experiencing COVID-related distress. The trial will be conducted at the University of Washington and will ...