Business

LOS ANGELES– Cannabis Strategic Ventures (OTC:NUGS), an emerging U.S. cannabis company, announced it will deploy its newly acquired licenses, including the upcoming grand opening of the Company’s customer-facing cannabis dispensary brand, “MDRN Tree,” which will open its first Los Angeles location sometime this fall. After the launch of MDRN Tree, the Company plans to deploy ...

DENVER– (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., the market leader in full spectrum hemp extract products, is expanding its retail distribution in California following passage of Assembly Bill 45 on October 6. The Law formally permits retail sale of products containing hemp-derived cannabidiol (CBD), including dietary supplements, topicals, over-the-counter and pet products. Following ...

DENVER - Truss CBD USA, a joint venture by Molson Coors Beverage Company (NYSE: TAP) and HEXO USA Inc, a subsidiary of HEXO Corp (NASDAQ: HEXO), announced the expansion of Veryvell, a line of hemp-derived CBD and adaptogen beverages. Following a successful Colorado launch in 2020, Truss CBD USA now expands Veryvell semi-nationally to be ...

ALAMEDA - Kiva Sales and Service (KSS), announced its partnership with Autumn Brands. Specializing in indoor sun grown cannabis from Santa Barbara County, the Autumn Brands' family farm started in Holland more than a century ago, and today, sixth-generation farmers apply the same expertise garnered in growing the fine tulips to producing pure and potent ...

SAN JOSE, Calif. - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), announced that it has signed definitive agreements to acquire 100% of the equity of Coastal Holding Company, LLC, a California retail dispensary and delivery operator for $16.2 million in cash with contingent consideration of up to $40 million in equity of The Parent Company ...

CHICAGO - GroAdvisor – announced the completion of its Series B round of funding from Merida Capital Holdings. With the successful closing, GroAdvisor will continue to focus on providing the industry with unparalleled service when designing and retrofitting cultivation facilities, consulting on cannabis business plans and grow methods, and providing competitive pricing on thousands of ...

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 ...

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, ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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, ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...