Business
GenCanna Acquires London-Based CBD Provider, CBD Capital
WINCHESTER, Ky. -- GenCanna, announced that it has acquired CBD Capital Ltd, provider of CBD distillate, isolate, and water-soluble bulk ingredients as well as white and private label services to the United Kingdom, the European Union and markets worldwide. CBD Capital CEO, Hassan Akhtar, will continue to serve in his current role. The acquisition of ...
France Medical Cannabis Patient Program Gets Underway
EDMONTON, AB– Aurora Germany GmbH, a subsidiary of Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, and Ethypharm, have successfully delivered their initial shipment of cannabis to the French medical cannabis pilot program, set to begin serving patients in the coming weeks. Aurora and Ethypharm were selected by ...
Red Light Holland Successfully Completes Canada’s Largest Legal Sale and Import of Psilocybe Truffles into Canada
TORONTO- Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC Pink: TRUFF), an Ontario-based corporation engaged in the production, growth and sale of a premium brand of magic truffles, is pleased to announce that it has completed another export of the Company's freshly harvested high-grade psilocybe truffles in bulk quantity, from the Netherlands to Canada, ...
Advanced Extraction Systems completes commissioning of euGMP CO2 extraction System project at Pharmarolly LLC
CHARLOTTETOWN, PE and SKOPJE, North Macedonia - Advanced Extraction Systems Inc, and Pharmarolly Holdings B.V. announced the completion of a sales agreement and the commissioning of an AESI CO2 extraction system to produce high quality cannabis extracts at Pharmarolly's EU GMP facility in Skopje, North Macedonia. "All of us at AESI are excited to have ...
Harvest Health & Recreation Inc. Announces Planned Divestiture of Florida License
PHOENIX -- Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today announced the signing of a definitive agreement to divest its Medical Marijuana Treatment Center license issued by the Florida Department of Health. Planet 13 Holdings Inc. (CSE:PLTH) (OTCQB:PLNHF) has agreed to purchase ...
Peak Partners With Boston Beer Company
TECUMSEH, ON - Peak Processing Solutions, a subsidiary of Althea Group Holdings Limited (ASX: AGH), is a developer, manufacturer, and distributor of cannabis infused edible, topical, and concentrate products announced that the Company has entered into agreements with WeedMD Rx Inc., a subsidiary of (TSXV: ENTG) (OTCQX: WDDMF) and BBCCC, Inc., a subsidiary of the ...
The Valens Company to Acquire Leading, Premium Craft Licensed Producer, Citizen Stash Cannabis Corp.
KELOWNA, and VANCOUVER, BC, - The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) and Citizen Stash Cannabis Corp. (formerly Experion Holdings Ltd) (TSXV: CSC) (OTCQB: EXPFF) (FRANKFURT: MB31) announced they have entered into an arrangement agreement pursuant to which Valens will acquire all of the issued and outstanding common shares of Citizen Stash by way ...
Hollister Biosciences Inc. Announces Appointment of Two New Board Members
VANCOUVER, BC. - Hollister Biosciences Inc. is pleased to announce the appointment of two new members to its Board of Directors: Mr. Kevin Harrington and Mr. Jakob Ripshtein. Mr. Kevin Harrington is a veteran CEO, bestselling author and platform-building entrepreneur known to millions as one of the original "sharks" on the 4x Emmy-winning ABC series Shark Tank. His many landmark ...
Eybna Announces Q3 Partnerships
LONG BEACH, Calif.-- Eybna, a pioneering technology company and terpene manufacturer, is proud to announce new partnerships with cannabis brands: Spherex and Orchid Essentials, the award-winning cannabis brand from Orchid Ventures, Inc. (CSE: ORCD OTC: ORVRF). The legacy brands have enlisted Eybna to develop and craft custom data-driven terpene formulations for their cannabis products that deliver a true-to-flower experience ...
DEEP DIVE: Latest Updates On The Hemp Market In The U.S.A.
SAN FRANCISCO–The following are updates from both the federal, state and local level regarding developments in the HEMP market. Here we look at the key changes in the market for Hemp and the incoming legislation too. Federal Updates PACT Act Update: USPS Delays Ban on Mailing Vape Products Recent amendments to the PACT Act required ...
The Rise Of Debt Financing In The U.S. Cannabis Markets
EDITOR: We invited Judson Hill, VP of Business Development for Bespoke Financial Inc. to comment on his area of the industry. Since 2018, Bespoke Financial have been in operation supporting cannabis business financing. They were the first licensed commercial lender focused on the cannabis industry. We thank Mr. Hill for his contribution & insights into ...
Mid-West CannaFest Aims to Highlight Minority Licensed Operators in Ohio during August for Black Business Month
CINCINNATI–Midwest CannaWomen presents their collaborative August 29th event with Noohra Labs, the Mid-West CannaFest, to highlight minority licensed cannabis operators in Ohio for Black Business Month. Midwest CannaWomen presents their collaborative August 29th event with Noohra Labs, the Mid-West CannaFest, to highlight minority licensed cannabis operators in Ohio for Black Business Month. Midwest CannaWomen is a ...
Aurora Cannabis Marks Successful Inaugural Fulfillment for French Pilot Program
EDMONTON, AB-- Aurora Germany GmbH, a subsidiary of Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) and Ethypharm, have successfully delivered their initial shipment of cannabis to the French medical cannabis pilot program, set to begin serving patients in the coming weeks. Aurora and Ethypharm were selected by the National Agency for the Safety of ...
Gage Announces Extension of Licensing Agreement with COOKIES in Michigan
DETROIT -- Gage Growth Corp. (CSE: GAGE), a leading high-quality premium cannabis brand and operator in Michigan, today announced that they have entered into an amended and new licensing agreement with Cookies, one of the most well-respected, top-selling and premier cannabis brands extending their partnership from 2024 to 2026. The amended licensing ...
Clinical Director of Imperial College’s Center for Psychedelic Research Joins Entheon Advisory Board
Vancouver, British Columbia-- Entheon Biomedical Corp. (CSE: ENBI) (OTCQB: ENTBF) (FSE: 1XU1), a biotechnology company focused on developing psychedelic medicines to treat addiction, is pleased to announce that Dr. David Erritzoe, the current Clinical Director of the Imperial College's Center for Psychedelic Research, has been appointed to Entheon's Advisory Board. Dr. Erritzoe has significant experience ...
Item 9 Labs’ Cannabis Cup Win Marks 9 Top Podium Placements
PHOENIX– Item 9 Labs Corp. (OTCQX: INLB) , a vertically integrated, cannabis dispensary franchisor and operator today announced that it has earned two podium finishes in Arizona's first-ever High Times Cannabis Cup. Item 9 Labs, the Company's premium cannabis product brand, earned first place in the "vape pens" category with its Black and Blue ...
Trulieve Announces Opening of 100th Dispensary in United States
TALLAHASSEE, Fla. -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) a cannabis company based in the United States, today announced the opening of two new dispensaries in Boynton Beach and Port Orange, Florida. Boynton Beach will be the Company's 99th location and Port Orange will be its 100th nationwide. The new dispensaries are the company's 89th and 90th Florida locations. Both locations are reported to reflect Trulieve's ...
Akerna predicts Labor Day weekend expected to bring in over $240 million in national retail cannabis sales
DENVER-- Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), predicts that the upcoming Labor Day weekend, September 3 – September 6, will bring in over $240,000,000 in legal national cannabis sales. Friday, September 3, will be the largest sales day ...
Pervasip Executes Definitive Agreements to Acquire Artizen Corporation
Seattle, Washington-- Pervasip Corp. (OTC PINK: PVSP), a developer of companies and technologies in high value emerging markets, announced today the execution of definitive agreements to acquire 100% of the stock of Artizen Corporation, the parent of Zen Asset Management LLC, a diversified asset management company that was founded to acquire, develop, and support companies ...
Nabis More Than Doubles Southern California Distribution Capacity to Meet Growing Demand
OAKLAND, Calif., -- Nabis, California's licensed cannabis wholesale marketplace, today announced a 150% increase in its Southern California distribution capabilities to meet the industry's surging demand for compliant, rapid wholesale delivery service. In addition to adding a 25,000 square foot, climate-controlled storage space, Nabis is the first major distributor to introduce semi-trailer trucks to its ...
GrowGeneration Acquires Los Angeles County’s Commercial Grow Supply, Strengthens Foothold in Southern California
DENVER, -- GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, announced its acquisition of Commercial Grow Supply, a hydroponic superstore located in Santa Clarita, California. Founded in 2011 by Sevan Derohanian, Commercial Grow Supply is one of the largest hydroponic suppliers in Los Angeles County, with annual revenues approaching $10 million. The acquisition brings ...
NCIA Hosts the Midwest Cannabis Business Conference in Detroit, Michigan September 22-23
WASHINGTON -- The National Cannabis Industry Association, the trade association representing legal cannabis businesses, will hold its Midwest Cannabis Business Conference from September 22-23 at the TCF Center in downtown Detroit, Michigan. Former Detroit Lions and current cannabis activists and entrepreneurs Calvin Johnson Jr. (aka Megatron) and Rob Sims will be presenting as keynote speakers. The Illinois and Michigan cannabis markets are reportedly showing great ...
Weedmaps Announces Multi-Year Partnership with Kevin Durant
IRVINE, Calif.–Weedmaps, a leading technology platform for cannabis consumers and businesses, announced today a multi-year agreement with Kevin Durant and Thirty Five Ventures as well as a sponsorship deal with Boardroom. As part of Weedmaps’ mission to power a transparent and inclusive global cannabis economy, this strategic partnership will aim to further deconstruct the negative stereotypes associated ...
COOKIES and Terrascend Partner To Bring Top-Shelf Genetics To The Garden State
BOONTON, N.J.–International cannabis brand Cookies announced today licensing agreements with TerrAscend NJ LLC, a subsidiary of TerrAscend Corp. (CSE: TER, OTCQX: TRSSF), a leading North American cannabis operator. The parties entered into a multi-year deal under which TerrAscend will be the sole cultivator and manufacturer of Cookies branded products in New Jersey, subject to certain conditions and regulatory approval. ...
Rosario Dawson Joins Board of Celebrity Backed Cannbis Drinks Brand Cann
LOS ANGELES–''Male, pale and stale'' is how the management in the cannabis industry have been described. Somewhat accurately. In fact there's only one black CEO of a major publicly listed company. That one CEO is Troy Dachter, CEO at The Parent Company. But now, the actress and activist Rosario Dawson is hoping to add some ...