Business
Leading SPAC Parallel Scraps $1.9 billion Merger Deal with Ceres Corp.
TORONTO–Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) announced a ''mutually agreed'' termination, effective immediately, of its Business Combination Agreement dated February 21, 2021 with SH Parent, Inc. Chewing gum heir William “Beau” Wrigley Jr.’s cannabis multi-state operator, Parallel, which does business as Surterra Wellness in some states, and music mogul “Scooter” Braun’s Ceres Acquisition ...
Khiron Announces Resignation of Chief Financial Officer
TORONTO - Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF)(Frankfurt: A2JMZC), a medical cannabis company with operations in Latin America and Europe, announced that Joel Friedman, has resigned as Chief Financial Officer of the Company for personal reasons. Khiron's board of directors has appointed Swapan Kakumanu of RTB LLP to the role of Interim CFO, ...
UCASU Introduced Cannabis Property Investment
ATLANTA - UC Asset LP (OTCQX: UCASU) introduced its Cannabis property investment strategy during the Emerging Growth Conference. According to the company presentation, Cannabis properties, combined with the company's current investments in Airbnb-based SHOC properties and historic landmark properties, will be major building blocks in its portfolio over the coming years. Cannabis properties are among ...
Adastra Holdings Announces Expansion of Phyto Extractions Product Line Distribution into Yukon Territory
LANGLEY, BC - Adastra Holdings Ltd. (formerly Phyto Extractions Inc.) (CSE: XTRX) (FRA: D2EP), announced that Phyto Extractions branded concentrate products are now listed in the Yukon territory. The recent acceptance by Cannabis Yukon expands the national availability of Phyto Extractions products to five provinces and one territory across Canada, and is the first footprint ...
Glass House Brands Appoints Mark Vendetti as Chief Financial Officer
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), a cannabis company in the U.S., announced that Mark Vendetti has been appointed Chief Financial Officer of Glass House. Mr. Vendetti will commence his new role with the Company on October 1, 2021. Mr. Vendetti will be ...
PBG BioPharma Inc. receives GMP Manufacturing Site Licence for NHPs
LEDUC, AB - PBG BioPharma Inc., (PBG), a Phytochemical Biopharmaceutical Group company, announced that it has received a manufacturing Site License issued by the Natural and Non-Prescription Health Products Directorate (NNHPD) of Health Canada for the manufacturing, packaging and labeling of natural health products at its facility in Leduc, Alberta. This licence allows PBG to ...
Goodness Growth Holdings Announced Sale & Leaseback with Innovative Industrial Properties
MINNEAPOLIS - Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, announced the closing of a sale leaseback transaction with Innovative Industrial Properties, Inc. (NYSE: IIPR) in the State of New York. Goodness Growth sold and IIP acquired approximately 92.3 acres of land adjacent to Goodness Growth's existing ...
Village Farms International Enters Option Agreement to Acquire 80% of Leli Holland
VANCOUVER, BC - Village Farms International, Inc. (NASDAQ:VFF) (TSX:VFF) announced it has entered into an option agreement whereby the Company has received the irrevocable right to acquire an 80% ownership interest in Netherlands-based Leli Holland B.V. upon payment of EUR50,000. Leli is one of the ten applicants selected by lottery to receive a license (subject ...
AMP Becomes Exclusive Marketing Partner of Tilray for Aphria Medical Cannabis Brand in Germany
ERFURT, Germany and BERLIN - AMP Alternative Medical Products Inc. (Frankfurt: C4TA) (ISIN: CA0318961038) (CSE: XCX), a pharmaceutical supplier of medical and CBD therapeutic wellness cannabis products to German pharmacies, announced it has been appointed as the sole marketing partner for all Aphria branded products imported or cultivated in Germany. Aphria is a medical cannabis ...
Medterra Appoints Gregory Reeder CEO, As CBD Industry Leader Embarks On Dynamic Growth Initiatives Beyond CBD & Into Broader Health & Wellness Solutions
IRVINE, Calif. - Medterra, announced that Gregory Reeder will step in as its new Chief Executive Officer (CEO). Reeder assumes the role, armed with a professional background and skillset that's ideally suited as the company transitions and scales its business beyond CBD and into broader holistic health and wellness products and solutions. Former CEO and ...
Harborside Inc. Engages Bay Street Communications To Provide Investor Relations Services
OAKLAND, Calif. - Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) announced that it has engaged Bay Street Communications to provide investor relations services to the Company, all in accordance with the terms of an investor relations services agreement entered into with BSC on September 26, 2021. BSC is an independent investor relations and corporate communications consulting ...
Cannara’s Valleyfield Facility Received Processing and Cultivation License
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 Quebec spanning over 1,650,000 sq. ft., announced that it has received the license for cultivation and processing at its one million square foot cultivation and manufacturing facility in Valleyfield, ...
Neptune Wellness Appoints Randy Weaver as Interim Chief Financial Officer
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 the appointment of Randy Weaver as Interim Chief Financial Officer while retaining Dr. Toni Rinow as Chief Operating Officer. Mr. Weaver joins Neptune as Interim Chief Financial Officer with a ...
MediaJel Announces New C-Level Executive Team
WALNUT CREEK, Calif. - MediaJel announced the appointment of its C-level executive team, following the digital marketing and programmatic software leader's recent merger with SEO and digital advertising agency, Foottraffik. The notable lineup reflects the strategic objectives of MediaJel's Chief Executive Officer, Jake Litke, and Board of Directors to prioritize scalable, sustainable growth by delivering ...
High Tide Doubles Presence in Ottawa with new Retail Cannabis Stores in Gloucester and Kanata
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company enhanced by the manufacturing of proprietary and licensed consumption accessories, announced that its Canna Cabana retail cannabis stores located at 1021 Cyrville Road (the "Gloucester store") and 836 March Road (the "Kanata store") in Ottawa, Ontario, have begun selling ...
Kiaro Announced Issuance of Common Shares Following Receipt of Shareholder Approval at AGSM
VANCOUVER, BC - Kiaro Holdings Corp. (TSXV: KO), a national omni-channel cannabis retailer and wholesale distributor, announced that further to its annual and special shareholders meeting held on September 9, 2021 and its news release dated September 10, 2021, the Company will issue an aggregate of 1,333,333 common shares in the capital of the Company ...
Numinus Completes Acquisition of Neurology Centre of Toronto
VANCOUVER, BC - Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing treatments and safe, evidence-based psychedelic-assisted therapies, announced it has closed its acquisition of the Neurology Centre of Toronto (NCT), a leading Canadian provider of clinical neurologic care. The purchase agreement was previously announced on July 6, 2021. Founded in 2017 by ...
Bespoke Financial Partners With GreenGrowth CPAs To Improve Financial Reporting Among Cannabis Entrepreneurs
LOS ANGELES–Bespoke Financial, the nation’s first cannabis-focused fintech lender, has partnered with GreenGrowth CPAs, a leading CPA firm for cannabis businesses, to encourage increased financial reporting in the industry by providing integrated, outsourced CFO services to cannabis businesses seeking financing opportunities. According to the U.S. Bureau of Labor Statistics, about 20% of small businesses fail within their ...
Item 9 Labs Corp.’s Dispensary Franchise Expands NE Footprint into 2 New States
PHOENIX - Item 9 Labs Corp. (OTCQX: INLB) —a cannabis dispensary franchisor and operator that produces premium products — announced continued development of its cannabis dispensary franchise brand, Unity Rd., across the Northeastern United States. The industry trailblazer signed agreements for New Jersey and Virginia alongside continued expansion across the Northeast region: - New Jersey ...
Harvest Opens Fourteenth Florida Dispensary in Port St. Lucie
PHOENIX - Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a cannabis company and multi-state operator in the U.S., announced the opening of a new medical dispensary in Port St. Lucie, Florida. Harvest of Port St. Lucie is located at 1064 SE Port St. Lucie Blvd, Port St. Lucie and is open Monday through ...
THC BioMed Receives Purchase Orders from 30 Dispensaries in the Province of Manitoba
VANCOUVER, BC - THC BioMed Intl Ltd. announced that it has received orders from 30 dispensaries in the province Manitoba. The Company is also pleased to announce that it has begun shipping THC KISS cannabis edibles and dried cannabis to those dispensaries. The website thckiss.buzz will be updated to add the Manitoba dispensaries to the ...
High Tide Opens New Canna Cabana Retail Cannabis Stores in Fort Erie and Innisfil, Ontario
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company enhanced by the manufacturing of proprietary and licensed consumption accessories, announced today that its Canna Cabana retail cannabis stores located at 450 Garrison Road in Fort Erie, Ontario, and 1491 Innisfil Beach Road in Innisfil, Ontario, have begun selling ...
Canadian Multinational Globe-Cann Expands its Operations to South Africa
DURBAN, South Africa - Canadian company Globe-Cann Inc. (Globe-Cann) announced the inauguration of a new point of presence in the Durban Region in South Africa. With multiple business relationships in Colombia, Thailand and Mexico, Globe-Cann continues its global expansion by exporting its expertise in the cannabis industry to South Africa, Lesotho, Zimbabwe and Malawi. Globe-Cann ...
Petalfast Inc. Announced Appointment of Jennifer Dooley to Board of Directors
IRVINE, Calif. - Petalfast Inc., a full spectrum sales and marketing agency for cannabis brands, announced the appointment of Jennifer Dooley to its Board of Directors. With over a decade of experience building and positioning people-first brands in both the Cannabis and confection industries, Dooley, the Company's first independent director, will provide strategic guidance regarding ...
Body and Mind Commences Michigan Vertical Market Expansion
LAS VEGAS and VANCOUVER, BC - Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) , an operator focused on limited license markets, pleased to report plans to enter the Michigan market with fully funded dispensary, cultivation and production facilities. BaM, through wholly owned subsidiaries, has leveraged its expertise of navigating licensing and approval processes gained ...