Legal Affairs
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, ...
Cannabis Real Estate Valuations Highlight Sector Dynamics
LOS ANGELES – A recent report from Viridian Capital Advisors sheds light on the valuations of four key players in the U.S. Cannabis real estate sector: Chicago Atlantic and AFC Gamma, the leading specialty lenders, ...
Maine Considers Stricter Medical Cannabis Regulations
LOS ANGELES- Maine lawmakers are evaluating two legislative proposals aimed at enhancing safety standards within the state's medical cannabis program. The bills, LD 104 and LD 1847, seek to introduce mandatory testing for contaminants and ...
Organigram to Announce Q2 Fiscal 2025 Results
LOS ANGELES- Organigram Global Inc. is scheduled to release its financial results for the second quarter of fiscal 2025, ending March 31, on Monday, May 12, 2025, before market open. The company will host a ...
Curaleaf Launches Hemp-Only Retail Store in Florida Following Cannabis Legalization Setback
LOS ANGELES- In the aftermath of Florida's unsuccessful bid to legalize recreational cannabis, Curaleaf Holdings, Inc. has inaugurated its first hemp-exclusive retail outlet, The Hemp Company, in West Palm Beach. This establishment offers hemp-derived THC ...
St. Louis Dispensary Chain Faces Lawsuit Over Unpaid Cannabis Product Invoices
LOS ANGELES- Curio Manufacturing, a cannabis supplier, has filed a lawsuit against Heya Missouri Holdings, alleging nonpayment for cannabis products valued at $61,126. The lawsuit claims that Curio shipped these products to Heya's three dispensary ...
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, ...
Cannabis Real Estate Valuations Highlight Sector Dynamics
LOS ANGELES – A recent report from Viridian Capital Advisors sheds light on the valuations of four key players in the U.S. Cannabis real estate sector: Chicago Atlantic and AFC Gamma, the leading specialty lenders, ...
Hemp-based Delta 8 THC: Science Improves Cannabis Products
FISHERS, Ind. What is Delta 8 THC? Delta 8 THC is a naturally existing compound found in the hemp variety of cannabis, and is part of a family of compounds called "cannabinoids". There are 140+ ...
AeroPay and Jane Technologies Partner to Enable Online Payments Nationwide for Dispensaries and Brands
CHICAGO and SANTA CRUZ - AeroPay, the cannabis industry's digital payments provider, and Jane Technologies, Inc., the cannabis industry's e-commerce provider that created online cannabis marketplace, have announced an integration partnership to enable online payments ...
TGOD Expands Distribution of Highly Dutch Amsterdam Sativa 28g to Ontario
TORONTO - The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US-OTC: TGODF), a producer of certified organically grown cannabis, announced the launch of Organic Highly Dutch Amsterdam Sativa 28g in the province of Ontario. A ...
Legendary Gaming Entrepreneur Hector “HECZ” Rodriguez Launches Cannabis Brand
LOS ANGELES, Oct. 14, 2021 /PRNewswire/ -- Famed gaming entrepreneur Hector "HECZ" Rodriguez, founder and CEO of OpTic Gaming, launches his latest venture: Pine Park - a premium cannabis and hemp brand rooted in nostalgia and committed to ...
Avant Brands Reports Third Quarter Fiscal 2021 Financial Results
KELOWNA, BC– Avant Brands Inc (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BUP), a producer of high quality, handcrafted cannabis products, announced its financial results for the third quarter of fiscal 2021 ended August 31, 2021. "We are ...
Innocan Pharma Corporation Closes C$8.2 Million Private Placement with Institutional Investors
HERZLIY, Israel – Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) announced that it has closed its previously announced private placement of the Company's common shares and warrants to purchase common shares to institutional ...
Cannabis E-Commerce Company Dutchie Doubles Valuation Raising $350M In New Funding Round
LOS ANGELES–Dutchie a Cannabis e-commerce platform announced on Thursday that it has doubled its valuation and has raised $350 million in its latest funding round that valued the company at $3.75 billion. This funding round ...
GreenBroz Inc. To Showcase New Cannabis Post-Harvest Processing Technology at MJBizCon
LAS VEGAS, Oct. 14, 2021 /PRNewswire/ -- GreenBroz Inc., the leading-edge developer of cannabis post-harvest processing automation technology, today announced they will kick off MJBizCon 2021 with an all-new exhibit in the Central Hall at booth C6238, highlighting next-gen product ...
Triminator Introduces New Breed of Cannabis Trimmer
GRASS VALLEY, Calif. - Triminator, a manufacturer of hemp and cannabis processing equipment, today introduced a new type of cannabis trimmer — and a new paradigm for trimming cannabis. The Triminator Hybrid enables cultivators to ...
Introducing Happi: Cannabis-Infused Sparkling Water
BIRMINGHAM, Mich. - Meet Happi, Michigan's cannabis-infused sparkling water. With all-natural, vegan ingredients and a microdose of 2.5mg of THC per can, Happi is redefining happy hour with a better-for-you alcohol alternative. Happi believes that ...
Canopy Growth Announces Plan to Acquire America’s Wana Brands for $298 Million
SMITHS FALLS, ON and BOULDER, Colo. - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) and Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC announced that they have entered into definitive agreements ...
Trulieve Brings Medical Cannabis to Cutler Bay, Florida
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), the multi-state operator (MSO) in the United States, announced the opening of a new dispensary in Cutler Bay, Florida. Cutler Bay will be Trulieve's 97th ...
Roach Enters Michigan Market With Innovative Pocket-Size Vape
CHESANING, Mich. - Six Labs, a licensed cultivator in the state of Michigan, has announced a licensing deal with Los Angeles-based Roach, the disposable live-resin vaporizer, to produce and provide Roach products in Michigan. The ...
Custom Cones USA Debuts Fully Automated Infused Pre-Roll Machine
KENT, Wash. - Custom Cones USA launched the development of the machine that automatically produces infused pre-rolls. Capable of accurately infusing a pre-roll every 4.5 seconds, this automated pre-roll machine can infuse up to 800 ...
Debt Financing: The Lynchpin Enabling Cannabis Companies to Outpace Competition, Manage Long-term Expenses
LOS ANGELES–Bespoke Financial, the nation’s first cannabis-focused fintech lender, has also become the first to provide cannabis operators with an inventory revolving line of credit, allowing companies to achieve a competitive advantage by better managing ...
Curaleaf’s Select Brand Diversifies Edible Offerings with New Select Snooze Bites
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) , a provider of consumer products in cannabis, has expanded its suite of innovative products with the addition of Select Snooze Bites, which are rolling ...
TerrAscend Issues Special Meeting Materials in Connection with Gage Cannabis Acquisition
NEW YORK and TORONTO - TerrAscend Corp. (CSE:TER) (OTCQX: TRSSF), a leading North American cannabis operator, announced that it has commenced mailing of materials to shareholders of TerrAscend, including the management information circular of the ...
Trulieve Announced Week of Dispensary Reopenings Across Florida
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), operator (MSO) in the United States, announced the reopening of four dispensaries formerly branded as Harvest House of Cannabis in Jacksonville, Gainesville, Kissimmee, and West ...
PURA Features Hemp Blue Jeans as Validation of Farmersville Hemp Brand Opportunity
DALLAS - Puration, Inc. (USOTC: PURA) is building hemp processing and cultivation partnerships with the intention of establishing an industrial hemp brand cooperative under the Farmersville Hemp Brand name. In the fashion that Sun-Maid Raisins ...
Charlotte’s Web Achieves Organic Certification
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., the market leader in full spectrum hemp extract products, announced that its corporate farm acreage, and its 137,000 sq. ft. Louisville, Colo.-based manufacturing and R&D ...
REPORT: Media Insider Shares Cannabis Industry Trends and Maps out Ecosystem
LOS ANGELES– Cannabis has been around and enjoyed by people since the earliest days of civilization, yet it’s been the last few years where we’ve seen and participated in what feels like the greatest leaps ...
Las Vegas Braces For Cannabis Week: October 18th-23rd
LOS ANGELES–The competing MJBizCon and MJ Unpacked conferences & expos make Las Vegas the center of the world for cannabis businesses for one week. “Cannabis Week” runs from October 18th to 23rd, and is expected ...
PharmaCann and LivWell Enlightened Health Announce Planned Merger
CHICAGO & DENVER--PharmaCann, the largest privately held, vertically integrated cannabis company in the United States, and LivWell Enlightened Health, a multi-state cannabis cultivation and retail leader based in Colorado, today announced that they have entered ...
Snoop’s VC Casa Verde Targets Booming European Cannabis Industry
LISBON–US rap artist Snoop Dogg is the co-founder of Casa Verde, a vulture capital (VC) fund based in Los Angeles that focuses on the cannabis industry. He's now turning his attention to Europe. Casa Verde ...
Azuca Introduces Innovation for Infused Chocolate
NEW YORK - Azuca announced its new solution for edibles manufacturers, Azuca Chocolate Activator™ powered by TiME INFUSION™. The patent-pending infusion process is designed to alleviate the challenges of making an infused chocolate for manufacturers, ...
