Business
High Tide Increases U.S. Presence Through Acquisition of Leading CBD E-Commerce Retailer FABCBD
CALGARY, AB,– (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced that it is taking another step towards solidifying itself as a major player within the U.S. e-commerce marketplace for accessories and hemp-derived CBD products, by entering into a definitive agreement after which High ...
Nextleaf Solutions Wins Patent in Emerging European Cannabis Markets
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an innovative cannabis extractor operating internationally, announced today that it has been awarded a patent in Europe, vital to the low-cost production of cannabis distillate. Next leaf has developed over 70 patents globally for the extraction, purification and delivery of cannabinoids "We are optimistic about ...
Vireo Health Claims Largest Selection Of Cannabis Flower At Any New York Dispensary
NEW YORK–Vireo Health (CSE: VREO; OTCQX: VREOF), a multi-state cannabis company, today announced the launch of the Company's first line of ground medical cannabis flower in New York. The new line of ground flower will be expanded to four strains and is available at all four of the Company's dispensaries in New York and via ...
TransGlobal Assets Purchases Ownership In 3 Michigan Medical Cannabis Licenses
ANN ARBOR–TransGlobal Assets Inc. (OTC Pink: TMSH) announced today its acquired a 9% ownership in three Michigan medical marijuana licenses pursuant to a Purchase and Sale Agreement between the Company and Darwin Harris, a CBD expert. The licenses will allow the Company to expand its footprint in the State of Michigan as it seeks to ...
April 20, 2021 Was Most Profitable Day In History of New Cannabis Industry
DENVER– Business intelligence from Akerna (Nasdaq: KERN), an ERP software technology company, showed that Tuesday, April 20, a widely-popular yet unofficial "holiday" celebrating cannabis consumption, was the highest sales day for retail cannabis ever recorded, with approximately $11,815,824 in medical and adult-use sales. The 5-day period surrounding the holiday (4/16 - 4/20) grossed over $373,787,685. ...
New CBD Ecommerce Retail Platform Plants New Shoots Across Europe
LONDON– AlphaGreen, the UK's leading marketplace for selling CBD, is launching into six further European countries, following its launch in the UK in 2019. Germany, France, Spain, Italy, Sweden and Poland are all set to benefit from the imminent arrival of the new ecommerce platform and technology provider. With Alphagreen, customers have products to alleviate ...
JP Morgan Leveraged Finance Expert Joins Artemis In Move Into Booming Cannabis Industry
LONDON, U.K.–One of the early architects of the European leveraged finance industry and 25-year veteran of JPMorgan, Stanton McLean, is embarking upon a new chapter of his career. McLean is joining the rising wave of traditional corporate leaders finding new wealth creation opportunities in the burgeoning field of global cannabis. Building on a career in global finance, McLean leaves his current position as managing ...
Numinus Announces Phase 1 Clinical Trial of Psilocybin Mushroom Extraction
VANCOUVER, BC–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, announced today that it has formed a partnership with KGK Science, a leading contract research organization with expertise in natural products, to undertake a new Psilocybin extraction clinical trial. The Phase 1 trial will enroll 14 ...
Mindset Pharma Presenting at H.C. Wainwright “Psychedelics in Psychiatry and Beyond” Virtual Conference
TORONTO– Mindset Pharma Inc. (CSE: MSET) (FSE: 9DF) (OTCQB: MSSTF) announced that it has been invited to present at the H.C. Wainwright "Psychedelics In Psychiatry and Beyond" Virtual Conference being held on June 17, 2021. James Lanthier, CEO of Mindset, commented, "Mindset is pleased to be invited to present at H.C. Wainwright's conference. Mindset has expanded ...
Broken Coast Enters Concentrates Adding Wax to its Product Offerings
LEAMINGTON, ON–Aphria Inc. (TSX: APHA) and (NASDAQ: APHA), a leading global cannabis-lifestyle consumer packaged goods company, today announced that Broken Coast Cannabis Inc. is entering the concentrates category with the addition of Wax to its premium product lineup. Broken Coast Wax is made from its premium B.C. flower and joins its award-winning roster of cultivars in Canada. As ...
Cannabics Pharma Launches Program Developing Melanoma Treatment Drug Candidate for FDA Approval
TEL AVIV–Cannabics Pharmaceuticals Inc. (OTCQB: CNBX), a developer of cancer related cannabinoid-based medicine, announced today the launching of a new research program for the development of a Melanoma antitumor targeting medicine. The announcement comes amidst the recent completion of a series of preclinical experiments within the company's in-house research facilities demonstrating promising antitumor results on ...
Psychedelic Experience Launches New Website To Help Navigate The World of Psychedelics
NEW YORK– Psychedelic Experience will be launching a new website to help aspiring and experienced psychonauts traverse the ever-changing landscape of psychedelics. Inspired by the psychedelic renaissance and the rapid developments in legalization around the world, Psychedelic Experience, or PEx, has recently overhauled its web services. PEx will offer users an engaging, community-fueled resource to help them ...
Dragonfly Biosciences Launches Global Outreach Into Australia
LONDON– Dragonfly Biosciences UK makers of a leading seed to shelf range of CBD oils and skincare products has formed a non-exclusive distribution agreement with Health House International Australia, enabling the sale of Dragonfly CBD oils over the counter in Australia. The partnership comes off the back of the Australian Therapeutic Goods Administration in February ...
GrowGeneration Expands Michigan Footprint with Downriver Hydro Acquisition
DENVER– GrowGeneration Group (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, today announced its acquisition of Downriver Hydroponics, a Michigan-based indoor garden supply center in Wayne County. Founded in 2011, Downriver Hydro is the area's largest hydroponics store, with annual revenues approaching $10 million. With the acquisition of Downriver Hydro, GrowGen's portfolio of hydroponic ...
Green Flower Anounces Washington Cannabis Career Summit
BELLINGHAM, Wash.,–Green Flower is launching their first online Cannabis Career Summit designed to help career seekers better understand the realities and complexities of the cannabis industry, learn what skills and qualifications they need to stand out, and showcase the top leaders and companies in the cannabis industry today. The first event, in partnership with Western Washington ...
Khiron Receives Accreditation for UK Medical Cannabis Education and Partners with UK’s Cellen Therapeutics to Improve Clinician Education
TORONTO– Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, announced it has received UK Continuing Professional Development accreditation for Khiron Academy, the Company's global medical cannabis education platform. Additionally, following its accreditation, the Company has entered into a strategic partnership ...
QwikLeaf Unveils World’s First Cannabis Smart Locker and Delivery Network
PALM SPRINGS, Calif.,– QwikLeaf, developer of the world's first smart locker solution for cannabis deliveries, today announced the completion of its technology platform. The platform allows for cannabis customers to order online and pick-up orders from a locker location of their choice. "In the fastest growing industry in the world, QwikLeaf is deploying the first ...
Nextleaf Solutions Awarded U.S. Patent for Synthesizing THC-O-Acetate
VANCOUVER, B.C.– Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA), the world's most innovative cannabis processor, announced that the United States Patent and Trademark Office has granted the Company a patent pertaining to a novel synthetic route of modifying Tetrahydrocannabinol found in cannabis distillate into a more potent prodrug version of THC-O-acetate. The Company ...
Tryp Therapeutics to Host Investor Day on April 22
SAN DIEGO– Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical company focused on developing clinical-stage compounds for diseases with unmet medical needs, announced that it will be hosting its quarterly Investor Day on Thursday, April 22 at 9:00 a.m. PDT. Tryp would like to invite all current shareholders and prospective investors to connect directly with Tryp's ...
Verano Completes Territory, Emerald and Local Joint Acquisitions in Arizona
CHICAGO – Verano Holdings Corp. (CSE: VRNO), a leading multi-state cannabis company, today announced it has closed on its Arizona acquisitions of Territory Dispensary, Emerald Dispensary and Local Joint Dispensary. The Company now has the third largest retail footprint in Arizona with six active storefronts, plus two cultivation facilities. Transaction Highlights Territory Dispensary The transaction ...
Hotels.com Is Footing the Room Service Bill for Your 4/20 Munchies
DALLAS – Some associate April with rain showers, others with dreaded tax season. With 15 states and counting allowing Mary Jane to legally blow within their borders, many are also now associating it with one infamous holiday: 4/20. However you celebrate this holiday, the festivities will likely lead to an extreme case of the munchies. ...
Curaleaf Opens Two New Philadelphia Retail Locations and Rebrands Nine Other Locations
WAKEFIELD, Mass., – Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a U.S. provider of consumer products in cannabis, announced new Curaleaf branding for the Company's recently acquired retail locations and the opening of two new locations in Horsham and Philadelphia. The new Curaleaf-branded stores mark the company's 11th and 12th locations in Pennsylvania. As ...
Canadian Cannabis Payments Processor Merrco Announces U.S. Launch For CBD & Ancillary Businesses
TORONTO– Merrco, a payment processing for the cannabis industry, today announced that it has launched in the United States for CBD and cannabis ancillary business payment processing, ahead of legislative changes that would enable Merrco to provide payment processing for U.S. cannabis dispensaries and delivery services. As the leading payment processor for the cannabis sector ...
The Valens Company Expands Cannabis Distribution Network with Entry into Manitoba Market
KELOWNA, BC, – The Valens Company Inc (TSX: VLNS) (OTCQX: VLNCF), a leading manufacturer of cannabis products, today announced that it has entered into an agreement with the Manitoba Liquor & Lotteries Corporation to supply and distribute a wide range of cannabis products to LGCA-licensed private retailers in the Province of Manitoba. With this agreement, Valens expands its distribution ...
Khiron Expands Product Offering in UK and Increases Patient Access
TORONTO – Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis company with core operations in Latin America and Europe, is pleased to provide an operational update with regards to its supply of EU-GMP medical cannabis products to the UK. To help alleviate bottlenecks and stock outs, the Company has ...