Business

ATHENS and TEL AVIV–Panaxia Israel (TASE: PNAX), Israel's leading medical cannabis products manufacturer and Leriva Group, one of Greece's leading distributors of medical equipment, medical supplies and health services, announced today, Wednesday May 19, 2021, a binding agreement of manufacture, commercialization and distribution of medical cannabis finished products, developed by Panaxia for medical cannabis patients ...

NEW WESTMINSTER, B.C.–Leaf Infusions has begun the construction process of its 15,000 square foot facility in New Westminster, British Columbia. Leaf Infusions provides 'white-label', that is, turn-key cannabis co-packing solely focused upon formulation, testing, manufacturing, packaging and distribution. This facilitates any brand to participate in the cannabis market with minimal exposure to risk. Leaf Infusions ...

ST. LOUIS–MidWest Roots successfully passed its inception inspection and then, upon licensure, will begin production as soon as adequate supplies of raw materials are secured. Midwest Roots has completed the build out of a 65,000 square foot facility to begin the production of wide variety of cannabis concentrates to serve the Missouri medical cannabis patients. ...

DAVIS, Calif., – Arcadia Biosciences (Nasdaq: RKDA), today announced it has acquired the assets of Lief Holdings, LLC and its portfolio of wellness products from The Parent Company, along with select assets of Live Zola, LLC. The acquisition includes leading consumer CBD brands like Soul Spring, the top selling CBD-infused botanical therapy brand in the ...

SACRAMENTO–Research shows the cannabis industry is currently seeing a land rush underway as real estate speculators and cannabis entrepreneurs are getting an early start on securing properties in New Jersey and New York that will potentially meet cannabis business licensing requirements. According to research from cannabis real estate platform 420Property.com, the industry has seen over ...

W. CONSHOHOCKEN, Pa.,–ASTM International's cannabis committee (D37) announced a slate of new standards to support cannabis vocations. ASTM also launched a new microsite that will serve as a central resource for all ASTM International cannabis and hemp activities. The new standard guides (soon to be published as D8346, D8348, and D8147) aim to improve the ...

NEW YORK and TORONTO–TerrAscend Corp. (CSE:TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced the grand opening of its second New Jersey medical cannabis dispensary. The 6,500 square foot dispensary, located at 1865 Springfield Avenue in Maplewood, features interactive product displays and a large "bud bar'' where customers can see and smell flower products ...

SAN DIEGO –Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF) (FSE: 8FW) a pharmaceutical company focused on developing clinical-stage compounds for diseases with unmet medical needs, announced today a master service agreement with Fluence to provide design and training for the psychotherapeutic portion of Tryp's clinical trial activities. Fluence is led by researchers and psychotherapists with direct experience ...

O'FALLON, Mo.,–The Terrabis dispensary in O'Fallon will open its doors on May 3rd, just shortly after the state of Missouri released medical marijuana sales data showing nearly $30 million since the market first launched in October. With over 90,000 patients, the state of Missouri is projected to reach $225 million to $300 million in 2021. ...

SOUTHBRIDGE, Mass.,– High Purity Natural Products today announced a warning for consumers and manufacturers about potentially harmful chemicals within Delta-8 THC. Delta-8 THC, derived through a chemical process from hemp, is "said to be legal" in most US states. During the last year, Delta-8 THC (D8) quickly became one of the hottest new products in ...

VANCOUVER, B.C. – Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF), a seed-to-shelf craft cannabis producer, announced operational and financial updates. Dispensary Updates The Company now has placed multiple product lines in approximately 75 dispensaries throughout California, ranging from Sacramento to Palm Springs to San Diego. The dispensary count will continue to grow throughout the ...

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 ...

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 ...

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 ...

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. ...

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 ...

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 ...

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 ...

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 ...

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 ...