Capital

KushCo And GreenLane Shareholders Approve Merger

CYPRESS, CA –KushCo Holdings, Inc. (OTCQX:KSHB), a premier provider of ancillary products and services to the legal cannabis and CBD industries, today announced that its stockholders overwhelmingly voted to approve the merger agreement with Greenlane Holdings, Inc. (NASDAQ:GNLN) at the special meeting of stockholders held earlier today, with over 97% of votes cast voted in ...

August 29th, 2021|

Jane Technologies, Inc. Raises $100M in Series C Funding

SANTA CRUZ–Jane Technologies, Inc. , an e-commerce online cannabis marketplace, announced the closing of a $100 million Series C round of funding. The round was led by Honor Ventures with participation from Third Point Ventures, Gotham Green Partners, L2 Ventures, Delta Emerald Ventures and Artemis Growth Partners. Jane previously raised $30 million in funding, bringing the total amount ...

August 29th, 2021|

Australis Reports Q4 and Financial Year 2021 Results

LAS VEGAS–Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) and doing business as AUDACIOUS, today announced its financials and management discussion and analysis for the fourth quarter and full year fiscal 2021, the period ending March 31, 2021. Financial Highlights The Company earned pre-tax net income of $3.0 million in Q4 FY 2021 compared to pre-tax losses of $19.4 ...

August 27th, 2021|

Top Strike Announces 2021 Fourth Quarter Financial Results, 2021 Annual Financial Results

CALGARY, AB–Top Strike Resources Corp. d.b.a. "Vencanna Ventures" (CSE: VENI) (OTCQB: TPPRF) announced its financial results as of April 30, 2021. Financial Highlights The following financial data is selected information for the Company for the eight most recently completed financial quarters: Quarter ended (000's) Apr30,2021 ($) Jan31,2021($) Oct31,2021($) Jul31,2020($) Apr30,2020($) Jan31,2020($) Oct31,2020($) Jul31,2020($) Revenue 1 (412) ...

August 27th, 2021|

American Green Wins 5 Year Cannabis Grow Management Contract from Curaleaf

  PHOENIX-- Today, American Green, Inc. (ERBB:OTC) announced that it has a new management services agreement with Curaleaf's two cultivation facilities in Arizona. Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) is an international provider of consumer products in cannabis which serves medical and adult-use customers throughout the state. This agreement will provide American Green with ...

August 26th, 2021|

Hollister Biosciences Inc. Reports Q2 2021 Financial Results including USD $17.6 million revenue, and USD $3.2 million of Adjusted EBITDA

VANCOUVER, BC-- Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) a diversified cannabis branding company reported its financial and operating results for the second quarter of 2021.  All financial information is presented in U.S. dollars unless otherwise indicated. Second Quarter 2021 Financial Results Total revenue in the second quarter was $17.6 million compared to $8.5 million in the second ...

August 26th, 2021|

FSD Pharma Announces Agreement to Acquire Lucid Psycheceuticals

TORONTO-- FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a life sciences holding company dedicated to building a portfolio of assets and biotech solutions in legal psychedelics and medical cannabis, announces today it has entered a definitive agreement to acquire 100% of the issued and outstanding shares Lucid Psycheceuticals Inc., a Canadian-based specialty psychedelic ...

August 26th, 2021|

Indiva Reports Second Quarter Fiscal 2021 Results

LONDON, ONTARIO–Indiva Ltd. (TSXV: NDVA) (OTCQX: NDVAF), a Canadian producer of cannabis edibles, announced its financial and operating results for the second quarter of fiscal 2021 ended June 30, 2021. (CAD). Indiva reported a net revenues of $CA9.1 million ($USD 7.2 million) for the period, up 209% vs previous year and 46% up vs last quarter driven ...

August 25th, 2021|

Rubicon Organics Reports Second Quarter 2021 Financial Results

VANCOUVER,B.C.–Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) a licenced producer focused on cultivating and selling organic certified and premium cannabis, today reported its financial results for the second quarter ended June 30, 2021. All amounts are expressed in Canadian dollars. “Our share of the premium cannabis segment in Canada remains strong and we remain the ...

August 25th, 2021|

RIV Capital Closes US$150 Million Strategic Investment by The Hawthorne Collective

TORONTO, -- RIV Capital Inc.  (CSE: RIV) (OTC: CNPOF) announced the completion of the purchase by The Hawthorne Collective, Inc., a cannabis-focused subsidiary of The Scotts Miracle-Gro Company (NYSE: SMG), of an unsecured convertible note from RIV Capital for US$150 million. Pursuant to the Investment, RIV Capital received a capital injection of US$150 million, to be used for ...

August 25th, 2021|

Indiva Reports Second Quarter Fiscal 2021 Results

  LONDON, ON, -- Indiva Limited  (TSXV: NDVA) (OTCQX: NDVAF),  announced its financial and operating results for the second quarter of fiscal 2021 ended June 30, 2021. All figures are reported in Canadian dollars ($), unless otherwise indicated. Indiva's financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). For a more comprehensive ...

August 24th, 2021|

Schwazze Signs Agreement to Acquire Colorado Cultivation Grower Brow 2

DENVER–Schwazze, (OTCQX: SHWZ), has entered into an to agreement to acquire the assets of Brow 2, LLC, located in Denver, Colorado.  The planned transaction includes a 37,000 square foot building (27,000 square feet of canopy) for indoor cultivation and equipment. This transaction continues Schwazze's aggressive expansion in Colorado and will significantly enhance the Company's cultivation resources, providing product directly to ...

August 23rd, 2021|

Green Life Business Group Inc. Reports Second Quarter 2021 Results

SAN DIEGO– The year 2020 is known to be one of the most impactful years in recent history. As a worldwide pandemic took the world by storm, large scale Multi State Operators (MSO's) and Companies began to look towards industries that were considered to be recession and pandemic proof. The cannabis industry quickly surfaced as ...

August 23rd, 2021|

GrowGeneration Acquires Washington-Based Hoagtech Hydroponics

DENVER--GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, today announced the acquisition of Hoagtech Hydroponics, a leading hydroponic equipment and indoor gardening store, serving the Bellingham, Washington area. This acquisition brings the total number of GrowGen hydroponic garden centers nationwide to 59 stores. "We're thrilled  with our acquisition of Hoagtech Hydroponics, which ...

August 23rd, 2021|

Khiron Reports Q2 Results, 47% QoQ Increase in Medical Cannabis Revenues Driven by Colombia and Germany

TORONTO-- Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis company with core operations in Latin America and Europe, today announces its financial results for the quarter ended June 30, 2021. These filings are available for review on the Company's SEDAR profile at www.sedar.com. All financial information in this press release is reported in ...

August 23rd, 2021|

VPR Brands LP Announces Sales and Net Profits for the Second Quarter and Year to date 2021

Fort Lauderdale, Fla.-- VPR Brands LP (OTC: VPRB)  a market leading supplier and patent holder for electronic cigarettes or vaporizers for nicotine, cannabis and cannabidiol (CBD) and other related smoking accessories such as pocket lighters has reported quarterly and year to date sales and earnings for the period ending June 30, 2021 "The company has finally ...

August 23rd, 2021|

Russian Investor Andrey Blokh Acquires 723,000 Voting Shares of Curaleaf

MOSCOW–Mr. Andrey Blokh announced he acquired 722,577 subordinate voting shares of Curaleaf Holdings Inc. representing approximately 0.12% of the presently issued and outstanding Subordinate Voting Shares of the Company. The 722,577 Subordinate Voting Shares were acquired in the context of transactions entered into among Mr. Blokh, the Company and an indirect subsidiary of the Company, ...

August 20th, 2021|

MedMen Announces $100M Equity Investment Led by Serruya Private Equity

LOS ANGELES–MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF), a premier U.S. cannabis retailer, today announced that investors, led by Serruya Private Equity, are purchasing US$100 million of units of MedMen at a purchase price of US$0.24 (C$0.32) per Unit. Certain investors associated with SPE agreed to backstop the US$100 million to be raised in the ...

August 20th, 2021|

Ayurcann Holdings Corp. Announces Listing on the Frankfurt Stock Exchange

Toronto, Ontario-- Ayurcann Holdings Corp. (CSE: AYUR)  a Canadian extraction company specializing in the processing of cannabis and hemp to produce oils and various derivative products, has announced that its common shares have been cross-listed for trading on the Frankfurt Stock Exchange, also known as Börse Frankfurt. The Common Shares are reported to be traded under ...

August 20th, 2021|

VPR Brands LP Announces Second Quarter and Year to date Results 2021

Fort Lauderdale, Fla. -- VPR Brands LP (OTC: VPRB)  a market leading supplier and patent holder for electronic cigarettes or vaporizers for nicotine, cannabis and cannabidiol (CBD) and other related smoking accessories such as pocket lighters has reported quarterly and year to date sales and earnings for the period ending June 30, 2021 "The company has finally ...

August 20th, 2021|

PharmaCielo Announces Q2-2021 Financial Results and Appointment of Bill Petron as CEO

TORONTO and RIONEGRO, -- PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced financial results for the second quarter ended June 30, 2021. The Company also announced that The Company's Chairman, Bill Petron, has been appointed Chief Executive Officer of PharmaCielo, effective today. Henning von Koss has stepped ...

August 20th, 2021|

TerrAscend Increases Ownership of New Jersey License Ahead of Adult-Use Rollout

NEW YORK and TORONTO-- TerrAscend Corp.  (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced it has completed the acquisition of an additional 12.5% of the issued and outstanding equity of TerrAscend NJ, LLC from BWH NJ, LLC and Blue Marble Ventures, LLC, for an initial cash payment of $25 million with an additional $25 million payment ...

August 20th, 2021|

Captiva Verde Cancels Proposed Acquisition of Binovi Technologies

Coquitlam, British Columbia--On Monday Captiva Verde announced they were no longer interested in pursuing the acquisition of Binovi Technologies Corp. Cautionary Note Regarding Forward Looking Information This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the ...

August 19th, 2021|

The Valens Company’s Subsidiary Green Roads Enters Third-Party Distribution Agreement with Tele Marche Co., Ltd. for the Offering of Award-Winning CBD Products in Japan

KELOWNA, BC- - The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, today announced that its subsidiary Green Roads has entered into a third-party distribution agreement with Tele Marche Co., Ltd. for the sale and distribution by Tele Marche Co of Green Roads' award-winning CBD products in Japan. Tele Marche Co, ...

August 19th, 2021|
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