Business
GrowGeneration Acquires Agron.io B2B Integrated Platform
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), the nation's largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Agron.io, a leading wholesale agriculture platform that allows commercial growers to manage their purchasing and logistics in one platform. Powered by proprietary enterprise resource planning (ERP) technology, Agron.io offers commercial pricing, real-time inventory, and one ...
FDA Warns Companies Illegally Selling Over-the-Counter CBD Products for Pain Relief
SILVER SPRING, Md.,– The U.S. Food and Drug Administration has issued warning letters to two companies for selling products labeled as containing cannabidiol (CBD) in ways that violate the Federal Food, Drug, and Cosmetic Act (FD&C Act). Specifically, the warning letters address the illegal marketing of unapproved drugs labeled as containing CBD. The FDA has ...
GrowGeneration Enters Massachusetts’ Cannabis Market Via Acquisition of Aquarius Hydroponics
DENVER– GrowGeneration Corp. (NASDAQ: GRWG), a specialty hydroponic and organic garden centers, today announced its acquisition of Aquarius Hydroponics, an indoor-outdoor garden supply center specializing in hydroponics systems, lighting and nutrients. Aquarius Hydroponics is one of the largest hydroponics retailers in New England, with annual revenues approaching $5 million. With the acquisition of Aquarius Hydroponics, ...
High Tea Cannabis Co. Announces 11 New Locations Across Ontario
BRAMPTON, ON– Legal cannabis retailer, High Tea Cannabis Co., announced the establishment of 11 additional dispensaries across Ontario. Originally based in Brampton, the new stores will span across east and southwestern Ontario to cater to consumers across the province. High Tea's flagship store in Brampton opened earlier this year and has since been a great addition to Brampton and ...
Khiron Becomes First Colombian Company to Legally Export Cannabis To Europe
TORONTO– Khiron Life Sciences Corp. (TSXV: KHRN) a vertically integrated cannabis compant with core operations in Latin America and Europe, has announced the Company has successfully exported its registered Colombian cannabis strains, in live clones, to Europe. This significant milestone represents the first shipment of medical cannabis live plant material to Europe from Colombia and is expected to accelerate access to ...
Akerna to Acquire Viridian Sciences SAP Software System
DENVER – Akerna, an enterprise software and compliance technology provider, developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology, announced it signed an agreement to acquire Viridian Sciences, a cannabis business management software system built on SAP Business One. This announcement comes on the heels of Akerna's MJ Platform, achieving SAP® certification as ...
Curaleaf to Enter European Cannabis Market with Acquisition of EMMAC Life Sciences Limited
WAKEFIELD, Mass.,– Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) , a leading U.S. provider of consumer products in cannabis, today announced that it has signed a definitive agreement to acquire EMMAC Life Sciences Limited ("EMMAC"), the largest vertically integrated independent cannabis company in Europe for base consideration of approximately US$286 millionto be paid 85% in ...
Psychedelic Company Delic Holdings Announce New Appointment to Board of Advisors
LOS ANGELES – DELIC Holdings Inc. (CSE: DELC) (OTCQB: DELCF), a psychedelic wellness-focused company, is pleased to announce the appointment of Kyle Snook, former COO of Actify Neurotherapies, to the Board of Advisors of the Company. Matt Stang commented “On behalf of the team at DELIC, I am very excited to welcome Kyle to the Board ...
Schwazze Completes Acquisition of Five Remaining Star Buds Dispensaries in Colorado
DENVER – Schwazze, formerly operating as Medicine Man Technologies Inc. (OTCQX: SHWZ) ("Schwazze" or “the Company"), today announced that it has closed on the asset purchase of the five Star Buds dispensaries located in Colorado that it had not already previously acquired. The acquired dispensaries are located in Aurora (2), Denver, Louisville, and Westminster. Total ...
UPS Prohibits Shipments of Vaping Products throughout U.S.A.
ATLANTA – UPS is prohibiting the shipment of Vaping Products throughout its U.S. network (including import and export). For the purpose of this prohibition, Vaping Products includes any and all noncombustible liquid or gel, regardless of the presence of nicotine, capable of being used with or for the consumption of nicotine. All related vape devices, ...
Mydecine Fully Completes the First-Ever International Export of Psilocybin Mushrooms
DENVER – Mydecine Innovations Group (CSE: MYCO) is a biopharma company in the life sciences category committed to the research and development, production, and acceptance of alternative nature-sourced medicine for mainstream use, has completed the world’s first international legal export of dried psilocybin mushrooms. In December 2020, the Company announced the completion of its first ...
Proposed California Law Ends Workplace Cannabis Urine Tests
SACRAMENTO – Assembly Bill 1256, introduced by Assemblyman Bill Quirk, D-Hayward, (pictured) is intended to prevent employers from using past evidence of marijuana use, such as a hair or urine test, as justification for discrimination against an employee, such as denying or terminating employment, according to Dale Gieringer, director of California NORML, a sponsor of ...
Canadian Smoke Shop Player High Tide Posts Annual Revenue Up +166%
CALGARY, AB, – High Tide, a retail-focused cannabis corporation from Canada in the smoke shops market, filed its year-end 2020 financial results on March 1, 2021, the highlights of which include: Revenue increased by 118% to $24.9 million in the fourth quarter of 2020 and by 166% to $83.3 million for the year ended October ...
NASDA Joins In The Call For Raising THC in Hemp From 0.3% To 1%
AUSTIN – NASDA, is an organization that represents the Commissioners, Secretaries, and Directors of the state departments of agriculture in all fifty states and four U.S. territories. State departments of agriculture are responsible for a wide range of programs including conservation and environmental protection, food safety, combating the spread of plant and animal diseases and ...
Seth Rogen’s Houseplant Company Launched in California Selling Cannabis and Paraphernalia
TORONTO – Canadian actor, film-maker and well-known cannabis advocate, Seth Rogen announced the launch of Houseplant into the USA. Together with Evan Goldberg, his creative writing partner, announced the launch of their cannabis company Houseplant into the USA. Already in Canada, the name combines the brand's two main products: "House" goods like ceramic ashtrays and ...
Cannabis Packaging Company Humidi Launch 100% Biodegradable Packaging
LOS ANGELES, – Humidi, a cannabis packaging have announce the launch of HumidiNaturals, which they claim to be a 100% fully renewable and compostable solution servicing the cannabis market. Manufactured in the United States, Humidi will join other packaging companies pursuing recyclable packaging such as Sana Packaging. Recyclable packaging is any form of packaging that ...
TerraVida Holistic Centers Inks Agreement to Merge With Verano Holdings
JENKINTOWN, Pa. – TerraVida Holistic Center LLC, a premier, women-owned and operated medical cannabis company in Pennsylvania, is pleased to announce that it has entered into an agreement to merge with Verano Holdings Corp. (CSE: VRNO), a leading multistate cannabis operator with a portfolio that encompasses 14 U.S. states. Verano plans to expand TerraVida’s retail footprint ...
Trulieve Partners with the Thurgood Marshall College Fund to Provide College Scholarships
TALLAHASSEE – Trulieve Cannabis Corp. (CSE: TRUL), a leading and top-performing cannabis company in the United States, today announced a new partnership with the Thurgood Marshall College Fund (TMCF), the nation's largest organization exclusively representing the Black College Community. Trulieve will donate $20,000 to help fund several college scholarships awarded to students who are attending one ...
Pro-Cannabis Politicians Raising Eyebrows For Cannabis Stock Purchase Timing
WASHINGTON, D.C. – Rep. John Yarmuth of Kentucky, is the chairman of the House Budget Committee. He purchased stocks in Canopy Growth Corporation, Aurora Cannabis, and Tilray on Nov. 5, according to a filing with the Clerk of the House Representatives and as reported by the Washington Examiner. Yarmuth is the co-sponsor to H.R. 3884, ...
Humboldt Bans Hemp to Protect Cannabis Crops From X Pollination
HUMBOLDT, California. The Humboldt County Board of Supervisors voted unanimously on ban last week to protect cannabis cultivation, taxation. Their ban the growing of low-THC hemp plants went into effect Monday, creating one of the most limited hemp/marijuana rulings in one of the most friendly hemp/marijuana counties in the state. With its moderate climate and ...
Quick Guide: Everything You Need To Know About Hemp Biomass
Everything You Need to Know About Hemp Biomass Mature, female Cannabis sativa plants consist of many different constituent parts, and not all of these parts are needed to make popular, cannabinoid-rich bulk products like hemp flower and CBD extract. While these leftover components could be thrown away, it’s more sustainable to put the stalks, leaves, ...
Silo Wellness Hosts First Wellness Retreat in Jamaica
MONTEGO BAY, Jamaica — On the back of their successful capital raise of CA$4.9 million, Silo Wellness will operate it first wellness retreat in Jamaica.This expands Silo Wellness psychedelic retreats in both Jamaica and Oregon, USA. Their business plan includes mushroom cultivation in Jamaica as well as a patent-pending nasal spray that has the potential ...
MedMen Set To Report Sales and Forward Plans in 2Q Financials
MedMen Enterprises Inc. ("MedMen" or the "Company") (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the United States, confirmed that it will release its financial results for the second quarter fiscal 2021 ended December 26, 2020, after market close on Tuesday, February 16, 2021. Following the release of these financial results, at 5:00 ...
Top Cannabis Companies And Advocacy Groups Unite To Form The U.S. Cannabis Council
WASHINGTON–(BUSINESS WIRE)–Top cannabis businesses, associations, and advocacy organizations in the United States today launched the U.S. Cannabis Council (USCC), a 501(c)4 nonprofit organization that strategically aligns and unifies its members’ collective voices to advance cannabis reform. The largest coalition of its kind, USCC will harness the resources, energy, and expertise of its founding members to ...
Virginia Cannabis Retail Sales Scheduled To Begin in 2024
RICHMOND – With 68% of Virginia’s registered voters support legalizing cannabis, the Virginian General Assembly voted Friday to allow cannabis possession, manufacture and sale. Under the bill passed by their Senate on Friday, simple possession would be legal starting in July, but retail sales would not start until 2024. Next steps see lawmakers reconciling their ...