Legal Affairs
Glass House Brands Secures $50 Million Senior Secured Loan
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has secured a new $50 million senior secured loan maturing on January 31, 2030. This facility replaces the previous loan set to mature in ...
Cannabis Edibles and Emergency Department Visits
LOS ANGELES- The consumption of cannabis edibles has been linked to a notable increase in emergency department (ED) visits, particularly among younger populations. Unlike inhaled cannabis, edibles have a delayed onset of effects, often leading ...
Canopy Growth Initiates $200 Million At-The-Market Equity Program
LOS ANGELES- Canopy Growth Corporation has established a new at-the-market (ATM) equity program, enabling the company to issue and sell up to $200 million in common shares across U.S. and Canadian markets. The company intends ...
A LIFE IN A DAY: Riel Roussopoulos: Head of Marketing: Breadstack
Riel Roussopoulos is a Canadian marketer and technologist with extensive experience driving growth in a variety of industries, including e-commerce, entertainment, real estate, fitness, and cannabis. He leverages his expertise in SEO, video production, copywriting, ...
Federal Policy Uncertainty Continues to Challenge U.S. Cannabis Industry
LOS ANGELES- The U.S. cannabis industry remains in a state of flux due to ongoing federal policy uncertainties, impacting market dynamics, investment strategies, and regulatory compliance. In August 2024, the U.S. Drug Enforcement Administration (DEA) ...
New York’s Legal Cannabis Sales Approach $1 Billion Milestone
LOS ANGELES- New York State's legal cannabis market is on track to surpass $1 billion in sales by the end of December 2024, marking a significant achievement since the market's inception two years ago. As ...
Green Thumb Industries Secures $150 Million Credit Facility to Retire Existing Debt
LOS ANGELES- Green Thumb Industries Inc. (GTI), a national cannabis consumer packaged goods company and owner of RISE Dispensaries, has closed a $150 million five-year syndicated credit facility led by Valley National Bank. The company ...
Glass House Brands Secures $50 Million Senior Secured Loan
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has secured a new $50 million senior secured loan maturing on January 31, 2030. This facility replaces the previous loan set to mature in ...
Cannabis Edibles and Emergency Department Visits
LOS ANGELES- The consumption of cannabis edibles has been linked to a notable increase in emergency department (ED) visits, particularly among younger populations. Unlike inhaled cannabis, edibles have a delayed onset of effects, often leading ...
Canopy Growth Initiates $200 Million At-The-Market Equity Program
LOS ANGELES- Canopy Growth Corporation has established a new at-the-market (ATM) equity program, enabling the company to issue and sell up to $200 million in common shares across U.S. and Canadian markets. The company intends ...
High Tide Closes Acquisition of Leading CBD E-Commerce Retailer FABCBD
CALGARY, AB–High Tide Inc. (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has completed the acquisition of Fab ...
New Research Finds Rise of Frequent Cannabis Vaping Among U.S. High School Seniors
NEW YORK–Frequent cannabis vaping, defined as vaping at least 10 times a month, more than doubled among high school seniors in the United States between 2018 and 2019, according to new research from NYU Grossman ...
Legendary Washington Brand Sitka Hash House Launches in California
LOS ANGELES – Sitka Hash House, the legendary Hashish brand founded in 2012, today announced their California launch and the roll-out of exotic, handmade hashish-based products curated for today’s cannabis consumer. Crafted in the Lebanese-Style ...
Entheon Biomedical Uplists on OTCQB Venture Market
VANCOUVER, B.C.– Entheon Biomedical Corp. (CSE: ENBI) (OTCQB: ENTBF) (FSE: "1XU1"), a biotechnology company focused on developing psychedelic medicines to treat addiction, announces it has been approved for trading on the OTCQB Venture Market effective ...
GreenGro Technologies Announce Plans To Uplist to OTCQB Market
ANAHEIM–GreenGro Technologies, Inc. (OTC PINK: GRNH), a provider of eco-friendly green technologies for the industrial hemp and cannabis industries, today announced that it has initiated its plan to upgrade its position in the public markets ...
New Study Finds People Turned to Cannabis During the Pandemic to Feel Happier
DENVER–Did the stressors of COVID-19 drive more Americans to use medical cannabis as an alternative tool for managing their mental health? A new national study exploring this question found a positive correlation between national demand ...
New Consumer Poll Reveals Sustained Surge in Cannabis Delivery Over A Year into Pandemic
LOS ANGELES– Ganja Goddess, a California-based premium online shopping, delivery and lifestyle brand that caters to cannabis consumers statewide in California, released its third consumer trend poll conducted during the pandemic, revealing a lasting change ...
BREAKING: Sundial Growers Acquires Inner Spirit Holdings & Spiritleaf Retail Cannabis Network
CALGARY, A.B.–Sundial Growers Inc. (NASDAQ: SNDL) and Inner Spirit Holdings Ltd. (CSE: ISH) (OTCQB: INSHF) announced they've entered into an agreement in which Sundial will acquire all of the issued and outstanding common shares of ...
Gold Flora Releases Newly Developed Limited Edition Strain in California
COSTA MESA, Calif.,–Gold Flora, a vertically-integrated cannabis company in California, announced it is releasing a newly developed, limited edition strain, Lion's Cake. This balanced hybrid strain is a proprietary cross that combines Zkittlez Cake, Lava Cake, and ...
Ascend Wellness Shares Surges 22% On Canadian Stock Market IPO
TORONTO– Ascend Wellness Holdings (AWH) Inc surged about 22% in its Canadian stock market debut on Tuesday to fetch a market value of $1.6 billion, as the green rush gains momentum following a sustained surge ...
A LIFE IN A DAY: Charlie Weiss: Cannabis Industry Personalities
CHARLIE WEISS is a Sales and Marketing Director in the successful California cannabis industry. He came to cannabis in 2018 from a successful, twenty-year career in the alcoholic-beverages category. After doing it all, supplier, distributor, ...
East Coast CommCan Announces Partnership With West-Coast Based Cookies
MILLIS, Mass., – CommCan - The Commonwealth Cannabis Co. announced a partnership with Cookies, the iconic and market leading Cannabis Brand. CommCan will become the cultivation, manufacturing and distribution partner for Cookies throughout the Commonwealth ...
Full Spectrum Cannabis Extracts Market Expected To Remain Dominant for Next Few Years
LOS ANGELES – Cannabis extracts have gained wide recognition in recent years and are expected to provide added momentum to cannabis market growth. Based on product type, cannabis extracts are classified into oils and tinctures. ...
Cansortium Reports Fourth Quarter And Full Year 2020 Financial Results
MIAMI–Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) Company a vertically-integrated cannabis company operating under the Fluent brand, is reporting financial results for the fourth quarter and full year ended December 31, 2020 and is providing an ...
Kiaro Reports 230% Increase in Revenue in Fiscal Year 2021
VANCOUVER, BC–Kiaro Holdings Corp. (TSXV: KO) today announced its fourth quarter and year end financial results for fiscal year 2021 ended January 31, 2021. All amounts, unless specified otherwise, are expressed in Canadian dollars. "Fiscal ...
Tilray-Aphria Officially Complete Joint Merger
TORONTO–Tilray Inc. and Aphria Inc. say their merger deal has now closed after receiving approval from shareholders of both companies. Tilray shareholders voted April 30 in favour of issuing stock to Aphria’s shareholders, but the ...
Greg Engel Steps Down As CEO of Organigram
Organigram Holdings Inc. announced that CEO George Engel is stepping down effective immediately, with Peter Amirault the board chairman, assuming Mr. Engel's responsibilities immediately. The move comes only a month after the announcement of British ...
How to Get More Out of Your Cannabis by Making Edibles
OAKLAND– Have you ever re-upped on some fire cannabis bud on a Friday only to smoke through the whole batch by Sunday? The whole situation could leave you feeling burned. Why not get more out ...
Tryp Therapeutics Partners with Fluence for Psychotherapy Design
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 ...
Good Supply Expands Product Portfolio With the Introduction of Hash, Wax, and Kief
LEAMINGTON, ON– Aphria Inc. (TSX: APHA) (NASDAQ: APHA), a cannabis-lifestyle consumer packaged goods company, today announced that it has entered the concentrates category under the Good Supply brand with the introduction of hash, wax, and kief. ...
Green Bee Botanicals face serum wins 1st place in “Academy Awards of Cannabis”
SAN FRANCISCO – The Emerald Cup is the most important and influential cannabis contest in the world, similar to the Wine Spectator awards for the winemaking industry — the reason Rolling Stone calls it "the Academy ...
Terrabis Dispensary Opens First of Five Locations in Missouri
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 ...
“Dangerous Delta-8?” CBD Manufacturer Warns Consumers About Potentially Harmful Chemical
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" ...
Next Green Wave Announces Financial Results And Provides Dispensary Update
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 ...
High Tide Increases U.S. Presence Through Acquisition of Leading CBD E-Commerce Retailer FABCBD
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 ...
