Business
USA’s 4th of July Weekend Cannabis Sales Forecast To Break Records
DENVER– The fourth of July is America's independence day. The U.S. national anthem, the 'Star-Spangled Banner,' recounts the famous battle of Fort McHenry, in the War of Independence and, since then, the day is famous for fireworks. It will soon be also famous for firing up a cannabis joint and ''blazing one down'' to enjoy ...
Cannex Scientific Announces Agreement to Advance Commercialization of FDA-Regulated Cannabinoid Therapies
PITTSBURGH–Cannex Scientific Inc. a biopharmaceutical company focused on therapeutic discoveries in the area of cannabinoid medicine, today announced it has entered into a sponsored research agreement with Brigham and Women's Hospital. Cannex Scientific, through this collaboration, is implementing a novel drug discovery platform to advance cannabinoid therapies in multiple unmet health needs. This model positions ...
Hollister Biosciences Inc. Announces Launch of Pre-Roll Production and Distribution in Arizona
VANCOUVER, BC–Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) a diversified cannabis branding company is pleased to announce that it has commenced pre-roll production and distribution in Arizona to complement the Company's existing cannabis concentrate product suite in the state through its wholly owned Venom Extracts subsidiary. Pre-roll production will initially be launched for existing and new white-label customers ...
The Parent Company Expands California Retail Footprint
SAN JOSE, Calif.,–The Parent Company or TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today announced that it has signed a definitive agreement to acquire 100% of the equity of Calma West Hollywood, an operating dispensary located in West Hollywood, California, for a total consideration of $11.5 million. The Agreement remains subject to regulatory approvals, including ...
Tikun Olam-Cannbit Takes Another Step Into The Pharmaceutical Arena
TEL AVIV–Tikun Olam Cannbit (TASE: TKUN) reports acquisition of 20% of the leading Femtech company Gynica, developer of cannabinoid-based solutions for women's health. Tikun Olam-Cannbit today reported an estimated NIS 5 million agreement for investment in 20% of the shares in Gynica, the leader in initial patented development in gynecology that has been clinically proven, in exchange for services ...
Curaleaf Expands Presence in New Jersey with New Dispensary and Cultivation Facility
WAKEFIELD, Mass.,– Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading international provider of consumer products in cannabis, today announced the opening of Curaleaf Edgewater Park, the Company's second dispensary in New Jersey and 107th dispensary nationwide. In addition, the Company announced that its second New Jersey cultivation facility, located in Winslow, completed its first harvest and is ...
GoldCann Announces Acquisition of Land in Mexico for Cannabis Extraction and Production Facility
TORONTO–Goldcann International Inc., a Canadian corporation headquartered in Toronto, Ontario, is announcing the acquisition by its Mexican subsidiary, Goldcann S.A. de C.V., of 14,000 square meters of land near Mazatlan, on the Pacific coast of Mexico. The company is also announcing today its intention to manufacture cannabidiol (CBD) oil and other health and wellness products ...
Little Green Pharma Accelerate Growth With Acquisition of World-Class Production & Manufacturing Facility in Denmark
PERTH, Australia–Little Green Pharma Ltd (ASX: LGP) has acquired a world-class, fully-operational, GMP medicinal cannabis cultivation and manufacturing facility in Denmark from Canopy Growth Corporation (TSX:WEED, NASDAQ: CGC). The facility, located in Northern Odense, has the capacity to produce in excess of 12 tonnes per annum of finished flower and provides LGP with much-needed product supply from its current inventory of ...
Cannabis Agricultural Workers at Tikun Olam CA Vote to Join Teamsters
ADELANTO, Calif.,– On Monday, cannabis agricultural workers at Tikun Olam California's Adelanto facility voted overwhelmingly to join Teamsters Local 1932. The results mark the first Agricultural Labor Relations Board election victory for cannabis workers in Southern California. There are 39 workers in the bargaining unit. "Today is a historic day for workers across the cannabis ...
Wake Network Retains CRO Santé Cannabis to Conduct Clinical Trials in Psilocybin Therapies
TORONTO–Wake Network Inc., a global leader in psilocybin and medicinal mushroom production and developer of genomics-based integration therapies, is pleased to announce that it has entered into an agreement with Santé Cannabis for consultation and clinical research services to support Wake clinical trials in Canada. Both parties to this new relationship are committed to excellence in clinical ...
Demeetra AgBio Advances Major Pipeline for Therapeutic Cannabinoid Development; Invites Collaborations
LEXINGTON, Ky.,–Demeetra AgBio, Inc., a pre-clinical therapeutics development and genetic engineering company, announced that it is advancing a broad pipeline for therapeutic cannabinoids and expects to file an Investigational New Drug Application for its lead candidate with the FDA early next year. Demeetra's proprietary Cas-CLOVER™ gene editing tool in combination with its bioprocessing capabilities will ...
Entheon Biomedical’s Subsidiary HaluGen and Silo Wellness Announce Psychedelics Genetic Test Kit Partnership
VANCOUVER, B.C.–Entheon Biomedical Corp. (CSE: ENBI) (OTCQB: ENTBF) (FSE: 1XU1), a biotechnology company focused on developing psychedelic medicines to treat addiction, and Silo Wellness Inc. (CSE: SILO) (OTC: SILFF) (FSE:3K70), a functional and psilocybin mushroom company and psychedelic wellness retreats operator, have signed a referral agreement, to help drive brand awareness of the Psychedelics Genetic Test ...
Passive CBD Vending Announces Distribution Agreements with Major Property Management Companies
DOVER, Del.,– CBD Zero, a leading non-THC brand of CBD products, announces vending distribution agreements with JLL Properties and Spinoso Real Estate. Through CBD Zero's partnership with Passive CBD Vending, LLC., these locations will expand the rapidly growing distribution locations for its CBD vending machines already installed in malls and shopping centers and will further ...
AWH Deepens Commitment to Last Prisoner Project to Aid in Cannabis Criminal Justice Reform
NEW YORK–Ascend Wellness Holdings, Inc. (CSE: AAWH.U), a multi-state, vertically integrated cannabis operator, today announced its enhanced commitment to Last Prisoner Project, a cannabis criminal justice-focused nonprofit organization. The pledge, which is part of a partnership with LPP that was launched in July 2020, will see AWH commit to raising an additional $500,000 by July 2022 through a customer donation program at ...
Kadenwood Achieves Largest US CBD Retail Distribution Networ With Acquisition of Social CBD
NEWPORT BEACH, Calif.,–Kadenwood, a leading CBD consumer packaged goods company dedicated to fostering trust and transparency in the mainstream wellness category, announced the acquisition of the Social CBD brand. With this acquisition, Kadenwood will create the largest retail CBD distribution network in the United States, including major drug and grocery store chains, for its premium ...
Major Hemp CBD Expo Returns to Dallas
DALLAS–Lucky Leaf Expo is coming back to Dallas for its second annual Hemp CBD Expo. With the passing of House Bill 1325 Texas is poised to be the largest Hemp producing state in the nation. With over 1,500 licenses and over 1,100 lot permits already issued, Texas will be the next big hub for hemp. ...
Trait Biosciences Closes Series A C$31 Million Financing
VANCOUVER, BC–Trait Biosciences Inc.-- a cannabinoid research company focused on developing technologies that enable the production of safe, high-quality, predictable, and efficacious CBD products -- today announced the completion of a C$31 million Series A financing round. The Financing features a combination of new cash and the conversion of existing company debt. The Financing was led ...
Parallel’s goodblend Texas Launches First CBN Cannabis Product Line for Texas
AUSTIN–goodblend™ Texas, a retail brand of Parallel, one of the nation's largest privately-held multi-state cannabis operators, today announced the launch of the first cannabinol (CBN) products for patients registered in the Texas Compassionate Use Program. The Surterra Wellness Dream +CBN branded tincture introduction marks the fifth first-to-market product innovation the company has launched in the Lone Star State in the last ...
New Female-Founded CBD Brand House of Wise Launches Sleep, Stress and Sex Products
MIAMI–CBD brand House of Wise launches with a full line of luxury, full-spectrum, organic CBD products empowering women to give more intention and purpose to sleep, stress management and sex so they can be in the driver's seat of their lives. In celebration of the official launch, the brand will host a "U Up?" texting hotline ...
Nextleaf Launches Specialty Molecules Division
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an extraction company that owns one of the largest portfolios of U.S. patents for the extraction and distillation of cannabinoids, is pleased to announce the launch of a Specialty Molecules Division to focus on the development and commercialization of novel psychoactive compounds. The division is supported ...
Innocan Pharma Announces Patent Application for Novel Cannabis-Based Vaginal Moisturizer and Lubricant Treatment
HERZLIYA, Israel–Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) announce it has filed an international patent application for a novel cannabis-based Vaginal Moisturizer and Lubricant Treatment. The composition comprises cannabinoids and additional agents of a phytoestrogen and hyaluronic acid and may be applied to alleviate vaginal dryness and vaginal atrophy. Vaginal moisturizers and lubricants are ...
As the First Cannabis-Centered Video Sharing Social Network, SmokeSesh.Life Looks Towards Official Launch
DENVER–Created nearly one year ago by Travis "TJ" Owens, SmokeSesh.Life is finalizing plans to officially come to market as the first cannabis-focused social media site of its kind. With hundreds of users already signed up, and more than $12,000 contributed via Kickstarter and private funding, the collaborative network is off to a running start. As ...
Creo Announces Collaborations With Fifth & Root And Joiya Bringing Innovative CBG Skincare Products to Market
SAN DIEGO–Creo, an ingredient technology company with a proprietary platform for producing natural cannabinoids without the cannabis plant, today announced collaborations with both Fifth & Root and Joiya to introduce new CBG skincare products using Creo CBG. The company has also unveiled its first annual Creovate event, which will bring together experts to discuss promising cannabinoid ingredients like cannabigerol (CBG) and the ...
Trulieve Completes Acquisition of Solevo Wellness West Virginia
TALLAHASSEE– Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading cannabis company in the United States, today announced the closing of the acquisition of Solevo Wellness West Virginia LLC and its three West Virginia dispensary permits. Total transaction was for $650,000. Solevo was awarded two permits in Morgantown and one in Parkersburg in January 2021 as part of the West Virginia application process. These ...
California Cannabis Distributor Nabis Increases Capacity With New SoCal Fulfillment Center
LOS ANGELES– Nabis, California's largest licensed cannabis distributor, announced today the opening of their new Southern California fulfillment center and new partnerships with a number of market leading brands. The 20,000 square-foot facility in Los Angeles allows Nabis to store three times the amount of product as its previous facility location. The highly secure, climate-controlled distribution hub can facilitate up to ...