Business
HEXO Announce Departure of Sebastien St-Louis, Co-Founder & CEO Effective Immediately
OTTAWA–HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) today announced the departure of Sebastien St-Louis, Co-Founder and Chief Executive Officer, effective immediately, as the Company completes a strategic reorganization. "On behalf of the entire organization, I would like to thank Sebastien for his tremendous impact on the Canadian cannabis industry. Through his years of dedication, he has ...
Canntab Reaches Agreement with Bioinformatics Company, 36eight Technologies Inc.
TORONTO - Canntab Therapeutics Limited (CSE: PILL.CN) (OTCQB: CTABF) (FRA: TBF1.F), the leading innovator in cannabinoid and terpene blends in hard pill form for therapeutic applications, is pleased to announce that it has reached an agreement with 36Eight Technologies Inc., a bioinformatics pharmacological healthcare data and technology company, which has developed a proprietary artificial intelligence ...
Vext Secures Ownership in Manufacturing License in Ohio
VANCOUVER, BC - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) a cannabinoid brand based in Arizona, leveraging its core expertise in extraction, manufacturing, cultivation, and marketing to build a profitable multi-state footprint, announced that it has received approval to have ownership of a manufacturing operation in Ohio, through a 37.5% ownership interest in APP. In ...
High Tide Secures Non-Dilutive Credit Facility with ATB Financial
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 that it has entered into a credit agreement to establish a revolving credit facility with ATB Financial in an amount of up to $25 million, with an expected ...
Harborside Announces Retail Partnership with RNBW
OAKLAND, CA - Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, cannabis enterprise, announced it has entered into a retail partnership with RNBW, a new cannabis brand produced in collaboration with music giant Insomniac, to sell RNBW products at Harborside dispensaries throughout California. The partnership places Harborside at the intersection of live music and cannabis ...
Adastra Holdings Provides Product Growth Update
LANGLEY, BC - Adastra Holdings Ltd. (formerly Phyto Extractions Inc.) (CSE: XTRX) (FRA: D2EP) announced positive operational and financial developments as the Company continues to pursue its mission to be a leader in the development and manufacture of pharma-quality, cannabis API and derivative products. These developments include record shipments in September, product portfolio expansion, and ...
Scientific Solutions Is Proud To Continue Working With TruSteel
SAN DIEGO - Scientific Solutions Inc, a San Diego based company focused on equipment sales and training for all-in-one extraction solutions in the Hemp and Cannabis space, is proud to work closely with our long-time partner/supplier TruSteel, an industry leader in the Cannabis and Hemp space who delivers truly integrated, automated, end-to-end, solvent recovery systems ...
Drake Joins Toronto-Based BullRider Cannabis As Investor & Advisor
TORONTO–Just months after breaking up with Canopy Growth Corporation this past June, the globally famous rapper, Drake, has joined Toronto-based cannabis brand BullRider, owned by Noah “40” Shebib, as an investor, partner, and strategic advisor. Named after Afghani Bullrider, Bullrider is a high-myrcene cannabis cultivar cultivated by the master grower, Jef Tek. 40 is a ...
AeroPay and Jane Technologies Partner to Enable Online Payments Nationwide for Dispensaries and Brands
CHICAGO and SANTA CRUZ - AeroPay, the cannabis industry's digital payments provider, and Jane Technologies, Inc., the cannabis industry's e-commerce provider that created online cannabis marketplace, have announced an integration partnership to enable online payments via AeroPay for the 2,100+ dispensaries and 300+ brands leveraging Jane's solutions across 36 U.S. state markets. The AeroPay payment ...
TGOD Expands Distribution of Highly Dutch Amsterdam Sativa 28g to Ontario
TORONTO - The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US-OTC: TGODF), a producer of certified organically grown cannabis, announced the launch of Organic Highly Dutch Amsterdam Sativa 28g in the province of Ontario. A product in other provinces, Highly Dutch's Amsterdam Sativa is a rotating selection of organic high potency Sativa flower, packing sweet ...
GreenBroz Inc. To Showcase New Cannabis Post-Harvest Processing Technology at MJBizCon
LAS VEGAS, Oct. 14, 2021 /PRNewswire/ -- GreenBroz Inc., the leading-edge developer of cannabis post-harvest processing automation technology, today announced they will kick off MJBizCon 2021 with an all-new exhibit in the Central Hall at booth C6238, highlighting next-gen product innovations and design solutions from their in-house engineering team. Attendees will have the opportunity to get a first look at ...
Canopy Growth Announces Plan to Acquire America’s Wana Brands for $298 Million
SMITHS FALLS, ON and BOULDER, Colo. - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) and Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC announced that they have entered into definitive agreements providing Canopy Growth with the right, upon federal permissibility of THC in the U.S., to acquire 100% of the outstanding ...
Trulieve Brings Medical Cannabis to Cutler Bay, Florida
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), the multi-state operator (MSO) in the United States, announced the opening of a new dispensary in Cutler Bay, Florida. Cutler Bay will be Trulieve's 97th location in Florida, joining others in nearby Kendall and Miami. The new 4,800 sq. ft. dispensary underscores Trulieve's commitment to ...
Debt Financing: The Lynchpin Enabling Cannabis Companies to Outpace Competition, Manage Long-term Expenses
LOS ANGELES–Bespoke Financial, the nation’s first cannabis-focused fintech lender, has also become the first to provide cannabis operators with an inventory revolving line of credit, allowing companies to achieve a competitive advantage by better managing needed operational expenses while maintaining other financial resources for long-term capital and growth initiatives. “Businesses in traditional industries have enjoyed ...
Curaleaf’s Select Brand Diversifies Edible Offerings with New Select Snooze Bites
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) , a provider of consumer products in cannabis, has expanded its suite of innovative products with the addition of Select Snooze Bites, which are rolling out in several markets across the US this fall. Through the combined power of THC:CBN, this fast-acting platform is a ...
TerrAscend Issues Special Meeting Materials in Connection with Gage Cannabis Acquisition
NEW YORK and TORONTO - TerrAscend Corp. (CSE:TER) (OTCQX: TRSSF), a leading North American cannabis operator, announced that it has commenced mailing of materials to shareholders of TerrAscend, including the management information circular of the Company dated October 4, 2021, for the special meeting of Shareholders to be held on November 11, 2021 at 1:00 ...
Trulieve Announced Week of Dispensary Reopenings Across Florida
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), operator (MSO) in the United States, announced the reopening of four dispensaries formerly branded as Harvest House of Cannabis in Jacksonville, Gainesville, Kissimmee, and West Palm Beach, Florida. The locations join the Company's 94 medical marijuana dispensaries statewide. The reopenings follow the Company's October 1, ...
Ayurcann Holdings Corp. Rolls Out Medical Cannabis Strategy
PICKERING, ON - Ayurcann Holdings Corp. (CSE: AYUR) (FSE: 3ZQ0) a Canadian cannabis extraction company focus in the processing of cannabis and hemp for the production of oils and various derivative products, announced that it has entered into a patient-referral agreement with ReLeave Therapeutics, a company providing Canadians guidance and access to managing discomfort with ...
Harborside Announced Planned Commercial-Scale Renewable Energy Microgrid Project
OAKLAND, Calif. - Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, cannabis enterprise, announced plans to install an onsite renewable energy microgrid that is expected to include 4.9 MW of solar panels and 6 MWh of battery storage tied to advanced system and load management controls at the Company's 47 acre production campus located in ...
Governor Newsom Vetoes Cannabis Billboard Advertising
SACRAMENTO– A bill attempting to permit advertising cannabis on billboards in California, was vetoed by Gov. Gavin Newsom last Friday. The bill would have allowed cannabis products to be advertised on freeway billboards in most of California. The bill aimed to permit cannabis ads on billboards along interstate freeways and state highways that cross state ...
Sunniva Announces Change of Auditor
VANCOUVER, BC - Sunniva Inc. (CSE: SNN) (OTC Pink Sheets: SNNVF) announced that the board of directors of the Company has appointed GreenGrowth, Chartered Professional Accountants, as the Company's new auditor, replacing MNP LLP, Chartered Professional Accountants. The Company has filed a Notice of Change of Auditor in respect of this change under its profile ...
California’s Assembly Bill 45 Formally Permits CBD Sales, Elixinol Upgrades E-commerce Capabilities
SYDNEY - Elixinol Wellness Limited (Elixinol or the Company) (ASX:EXL; OTCQB:ELLXF) is pleased to communicate that Assembly Bill 45 (AB45) was signed into law by Californian Governor, Mr Gavin Newsom on 6 October 2021, establishing a comprehensive regulatory framework for the manufacture and retail sale of products in California containing hemp derived cannabidiol (CBD), including ...
Adastra Announces Supply & Purchase Agreement with Sitka Weed Works
LANGLEY, BC - Adastra Holdings Ltd. (CSE: XTRX) (FRA: D2EP) announced it has signed a definitive agreement with Sitka Weed Works Inc. regarding the supply of cannabis grown by Sitka. Sitka is a cultivator and operator of craft cannabis flower in Sooke, British Columbia, including new strains grown from unique genetics. Sitka is Canada's largest ...
4Front Ventures Announces Acquisition of Massachusetts Based New England Cannabis Corporation
PHOENIX, Ariz - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) , a multi-state cannabis operator and retailer, announced that it has signed definitive agreements on October 6, 2021, to acquire New England Cannabis Corporation, a cannabis cultivator, with state-of-the-art facilities based in Holliston, Massachusetts. Upon closing, the Transaction is expected to be accretive to the ...
GrowGeneration Signs Distribution Agreement with Groundwork BioAg
DENVER, Colo. and MAZOR, Israel - GrowGeneration Corp. (NASDAQ: GRWG) a company with specialty in hydroponic and organic garden centers, and Groundwork BioAg, a bio-agriculture company, announced that they have entered into a distribution agreement to offer DYNOMYCO®, a unique brand of highly-concentrated mycorrhizal inoculants specifically formulated for cannabis, to hydroponic and organic growers across ...