Legal Affairs
Planet 13 Expands Florida Footprint
LAS VEGAS – Planet 13 Holdings Inc., a vertically integrated Cannabis operator with cultivation, production, and retail operations in four states, launched its latest medical Cannabis outlet in DeLand, Florida. The store, situated in the ...
California Governor Approves Fast Track for Cannabis and Psychedelics Studies
LOS ANGELES – Governor Gavin Newsom (D) signed Assembly Bill 1103 into law on Friday, October 10, clearing hurdles for researchers studying Cannabis and psychedelics in the state. The measure targets delays in approving projects ...
AYR Wellness Kicks Off Public Auction in Debt Restructuring Push
LOS ANGELES – Miami-based AYR Wellness Inc. moved ahead with its financial reset by starting Article 9 foreclosure proceedings under the Uniform Commercial Code to auction core assets. Odyssey Trust Company, serving as collateral trustee ...
Glass House Brands Tightens Up Compliance After ICE Raids Shake Operations
LOS ANGELES – Glass House Brands Inc. has swiftly moved to strengthen its compliance protocols following federal immigration raids on two of its California farms on July 10. Conducted by U.S. Immigration and Customs Enforcement ...
Canada’s Cannabis Industry Defies Economic Odds
TORONTO – In a striking contrast to Canada’s faltering economy, the legal Cannabis industry continues to flourish, bolstering the nation’s GDP while other sectors struggle. Statistics Canada reports that the licensed cannabis sector grew by ...
Cannabis Giants Grapple with Weak ROIC, Viridian Report Finds
LOS ANGELES – A recent analysis by Viridian Capital Advisors paints a somber picture for the Cannabis industry, projecting that none [!] of the 11 major companies studied will achieve a Return on Invested Capital ...
Aurora Cannabis Inc. Reports 93% Sales Surge & Focus on Medical Market Dominance
OTTAWA – Aurora Cannabis Inc. (ACB), a leading Canadian cannabis producer, has reported a 93% jump in sales for its latest quarter, cementing its position in the medical cannabis market. The Edmonton-based company’s financial results, ...
Planet 13 Expands Florida Footprint
LAS VEGAS – Planet 13 Holdings Inc., a vertically integrated Cannabis operator with cultivation, production, and retail operations in four states, launched its latest medical Cannabis outlet in DeLand, Florida. The store, situated in the ...
California Governor Approves Fast Track for Cannabis and Psychedelics Studies
LOS ANGELES – Governor Gavin Newsom (D) signed Assembly Bill 1103 into law on Friday, October 10, clearing hurdles for researchers studying Cannabis and psychedelics in the state. The measure targets delays in approving projects ...
AYR Wellness Kicks Off Public Auction in Debt Restructuring Push
LOS ANGELES – Miami-based AYR Wellness Inc. moved ahead with its financial reset by starting Article 9 foreclosure proceedings under the Uniform Commercial Code to auction core assets. Odyssey Trust Company, serving as collateral trustee ...
Verano Receives Permission to File U.S. GAAP Financials on SEDAR and Withdraws MCTO Application
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced it has received a decision from the Alberta Securities Commission and Ontario Securities Commission permitting the Company to file on the ...
Green Thumb Industries Announces Internet Availability of Proxy Materials for its 2022 Meeting of Shareholders
Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE dispensaries, today announced the internet availability of proxy materials for its 2022 Annual General ...
Curaleaf’s Select Brand Expands CBD Offerings With Launch of Select CBD Bites
Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the expansion of Select's CBD line with the launch of Select CBD Bites. Available across the U.S. ...
Curaleaf Opens Two New Florida Dispensaries in Pembroke Park and Englewood
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced plans to open two new dispensaries in Florida. Curaleaf Pembroke Park (2900 Country Club Ln.) ...
Harborside Inc. Announces Conversion of US$5.87 Million Promissory Note to Equity
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, announced that a promissory note in the amount of US$6.23 million, which includes principal, interest and fees, has been repaid ...
Verano Announces Opening of MÜV Hobe Sound
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the opening of MÜV Hobe Sound, the Company’s 45th Florida location and 96th nationwide. MÜV Hobe Sound, located at 10455 SE ...
HEXO Announces Leadership Transition, Appoints Chief Executive Officer and Chief Financial Officer
GATINEAU, Quebec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO) today that Charlie Bowman has been appointed the Company’s acting President and Chief Executive Officer, effective today. Mr. Bowman will move into a permanent role upon ...
Ayr Wellness Opens 46th Florida Dispensary in Tampa
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (MSO), announced the opening of its 46th Florida dispensary, located in southern Tampa. The new dispensary encompasses ~3,000 square feet of ...
Global CBD Gummies Market Report 2022-2028
Dublin - The "CBD Gummies Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Category and Distribution Channel" report has been added to ResearchAndMarkets.com's offering. The CBD gummies market was valued at US$ ...
MariMed Completes Acquisition of Kind Therapeutics USA
NORWOOD, Mass. - MariMed Inc. (OTCQX: MRMD) , a multi-state cannabis operator focused on improving lives every day, announced it completed the acquisition of Kind Therapeutics U.S.A., LLC, a cannabis business in Maryland. The Maryland ...
Harborside Inc. Reports Fourth Quarter 2021 Financial Results
OAKLAND, Calif. and TORONTO - Harborside Inc. (CNSX: HBOR), (OTCQX: HBORF), a California-focused, cannabis enterprise, filed its audited annual financial statements and management's discussion & analysis for the twelve months ended December 31, 2021 under ...
TerrAscend Promotes Jodie Lampert to SVP of Human Resources
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced the promotion of Jodie Lampert as Senior Vice President of Human Resources. Lampert previously served as Vice President of Human Resources ...
New Generation of Cannabis Seed Ensures Quality, Consistency, and Uniformity for Commercial Growers
PORTLAND, Ore. - Modern crop science company Phylos®, is providing a long-awaited solution for commercial growers looking for uniformity, input reduction, and risk mitigation for large-scale cannabis and hemp production — highly-optimized production-ready F1 hybrid ...
Verano Announces 2021 Fourth Quarter and Full Year U.S. GAAP Financial Results
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced its 2021 financial results which were prepared in accordance with U.S. Generally Accepted Accounting Principles. For comparisons, financial results for the ...
Green Thumb Industries Announces Second Round of Good Green Grant Recipients
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE dispensaries, today announced the second group of nonprofit ...
Clever Leaves Germany GmbH Becomes a Fully Licensed Medical Cannabis Distributor in Germany
BOCA RATON, Fla. and HAMBURG, Germany - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced that its affiliate in Germany, Clever Leaves Germany GmbH, has received ...
Canopy Growth Announces Cost Reduction Actions to Accelerate Path to Profitability
SMITHS FALLS - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a cannabis, hemp, and cannabis device company, announced that the Company is undertaking a series of initiatives to reduce costs and drive efficiency in order ...
Akerna Flash Report: 420 Cannabis Sales Reach $154.4 Million
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced that April 20, 2022, ...
4Front Ventures Corp. Expands Brand Portfolio and California Reach
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (QTCQX: FFNTF), a multi-state cannabis operator and retailer, announced it has closed on the purchase of Island Global Holdings, Inc., a California based producer of pre-rolls, flower and ...
Charlotte’s Web Announces Management Appointments in Finance and Operations
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., announced management changes in finance and operations. Charlotte's Web Board of Directors has appointed Lindsey Jensen as Chief Financial Officer replacing Wes Booysen who is ...
Global Market Report 2022: Connected E-Cigarettes, Heated Tobacco Products, Cannabis Vaporizers and Corresponding Software Applications
Dublin - The report provides a genesis overview of the connected e-cigarettes, tobacco heating systems, cannabis vaporizers and dedicated software applications that were released worldwide for all time. The report contains an analysis of 56 ...
$97B in 2021 U.S. Cannabis Sales Fueled by Routine and Intentional Consumption
Washington - New Frontier Data (https://NewFrontierData.com), the data analytics and technology firm specializing in the global cannabis industry, together with Jointly, a cannabis wellness company, have released Cannabis Consumers in America: Dynamics Shaping Normalization in ...
Mr. Natural Full Spectrum Hash RSO Launches in Nevada
LAS VEGAS- Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF), today announced that Mr. Natural, an AUDACIOUS brand, is pleased to launch its first product in Nevada: Full Spectrum Hash RSO. The powerful medicinal oil – rich in ...
Prescription Drug Use Plunges in Legal Cannabis States
LOS ANGELES- According to a Cornell researcher, legalizing recreational cannabis reduces demand for expensive prescription medications through state Medicaid programs. The amount of prescriptions for pain, depression, anxiety, sleep, psychosis, and seizures decreases dramatically when ...
Clever Leaves Strengthens Its Presence in the U.S. Through Partnership With Biom Therapeutics
BOCA RATON, Fla. and SARASOTA, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids today announced a two-year supply agreement with American, clinical-stage biopharmaceutical company, Biom ...
