Legal Affairs
Boston Beer Company Expands Cannabis Beverage Portfolio
LOS ANGELES- The Boston Beer Company, through its Canadian subsidiary BBCCC Inc., has announced the expansion of its cannabis-infused beverage offerings for the summer season. The company introduced a new TeaPot Rosin-Infused Lemon Black Iced ...
Cronos Group Reports First Quarter 2025
LOS ANGELES- Cronos Group Inc. reported its financial results for the first quarter ended March 31, 2025, indicating a net revenue of $32.3 million, a 28% increase compared to the same period in 2024. The ...
THC Design Repositions for National Expansion
LOS ANGELES- THC Design, a California-based cannabis company, has undertaken a comprehensive rebranding initiative in collaboration with New York creative studio Super Okay. The effort aims to transition the company from a regional entity to ...
High Tide Acquires Majority Stake in Germany’s Purecan GmbH
LOS ANGELES- Canadian cannabis retailer High Tide Inc. has announced a definitive agreement to acquire a 51% stake in German pharmaceutical wholesaler Purecan GmbH for approximately €4.8 million. The transaction comprises €2.4 million in High ...
MindMed Advances Clinical Programs and Secures Significant Funding
LOS ANGELES- Mind Medicine has released its 2025 Corporate Presentation, detailing strategic initiatives and significant financial developments. The company has secured a substantial $250 million equity investment, bolstering its cash reserves to approximately $295.3 million ...
Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
LOS ANGELES- Leafly Holdings, Inc, a online cannabis discovery platform, was delisted from the Nasdaq Stock Market on January 17, 2025, after failing to meet the exchange's minimum net income requirement of $500,000 from continuing ...
Pallas Capital Advisors LLC Increases Investment in Tilray Inc.
LOS ANGELES- Pallas Capital Advisors LLC has significantly increased its investment in Tilray Inc, a company in the cannabis industry. According to the firm's latest 13F filing with the Securities and Exchange Commission, Pallas Capital ...
Boston Beer Company Expands Cannabis Beverage Portfolio
LOS ANGELES- The Boston Beer Company, through its Canadian subsidiary BBCCC Inc., has announced the expansion of its cannabis-infused beverage offerings for the summer season. The company introduced a new TeaPot Rosin-Infused Lemon Black Iced ...
Cronos Group Reports First Quarter 2025
LOS ANGELES- Cronos Group Inc. reported its financial results for the first quarter ended March 31, 2025, indicating a net revenue of $32.3 million, a 28% increase compared to the same period in 2024. The ...
THC Design Repositions for National Expansion
LOS ANGELES- THC Design, a California-based cannabis company, has undertaken a comprehensive rebranding initiative in collaboration with New York creative studio Super Okay. The effort aims to transition the company from a regional entity to ...
Flash Report: Memorial Day Weekend Cannabis Sales Predicted To Reach $238M
DENVER–Business intelligence from Akerna (Nasdaq: KERN), an enterprise resource planning (ERP) software technology platform, predicts that Memorial Day weekend will be high grossing for the cannabis retail industry, with approximately $238,000,000 in adult-use and medical ...
Charlotte’s Web Unveils New In-Store Displays As Retail Rebounds
BOULDER–Consumers are finally returning to in-store shopping for their health and wellness needs. Charlotte's Web Holdings Inc., today unveiled two retail innovations: a first-to-market high tech in-store kiosk that doubles as an educational resource for ...
Cannibble Enters Canadian Cannabis Edibles market
ROSH HAA'YIN, Israel–Cannibble FoodTech Ltd an Israeli Foodtech start up, announced that it reached an agreement to develop a new line of CBD infused shakes with one of Canada's leading Cannabis companies. Cannibble will develop ...
Stability Cannabis Close $44 Million Series A Funding Round
OKLAHOMA CITY–Cannabis cultivator and distributor Stability Cannabis has successfully closed a $44 million series A funding round; acquires minority equity position in Missouri cannabis operation. "The accelerating growth and profitable operating profile of Stability Cannabis ...
Panaxia And Leriva Announce Exclusive Cannabis Collaboration In Greece
ATHENS and TEL AVIV–Panaxia Israel (TASE: PNAX), Israel's leading medical cannabis products manufacturer and Leriva Group, one of Greece's leading distributors of medical equipment, medical supplies and health services, announced today, Wednesday May 19, 2021, ...
Cookies and WebberWild Join Forces to Launch Cookies U
HUMBOLDT–Cookies' Social Impact Program, an initiative by international cannabis brand COOKIES dedicated to creating a more equitable and accessible cannabis industry, and WebberWild Impact Foundation "WebberWild," a non-profit organization that funds education and training for persons ...
Greenlane Announce Quarter 1, 2021 Revenues
BOCA RATON–Greenlane Holdings, Inc. (Nasdaq: GNLN), one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results for the first quarter ended March 31, 2021. First Quarter ...
TerrAscend Reports First Quarter 2021 Results
NEW YORK and TORONTO–TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today reported financial results for its first quarter ending March 31, 2021. First Quarter 2021 Financial Highlights (Unless otherwise stated, ...
Leaf Infusions 15,000 Sq. Ft. Cannabis Co-Packing Facility for “White Label Products” in Metro Vancouver
NEW WESTMINSTER, B.C.–Leaf Infusions has begun the construction process of its 15,000 square foot facility in New Westminster, British Columbia. Leaf Infusions provides 'white-label', that is, turn-key cannabis co-packing solely focused upon formulation, testing, manufacturing, ...
Missouri’s Largest Cannabis Processing Facility Just Completed
ST. LOUIS–MidWest Roots successfully passed its inception inspection and then, upon licensure, will begin production as soon as adequate supplies of raw materials are secured. Midwest Roots has completed the build out of a 65,000 ...
Petalfast Closes $2.8 Million Round Of Funding Led By Merida Capital Holdings
IRVINE, Calif., –Petalfast Inc. today announces the closing of a $2.8 million capital raise in connection with its latest round of Series A funding. Led by Merida Capital Holdings, the funding provides Petalfast with the opportunity to strengthen ...
Minnesota House Passes Adult Use Recreational Cannabis Bill
ST. PAUL, Minn.– For the first time, the Minnesota House of Representatives passed a bill legalizing recreational cannabis. The House voted 72-61 to approve the bill, but that's as far as the bill will get: ...
dosist™ Launches Advanced CBD+ Topical Collection to Help Address Pain
LOS ANGELES– dosist™ today announced the launch of its progressive new range of CBD+ topical products aimed at disrupting the pain category with all-natural solutions designed to help with pain relief. Launched under their newly created dosist ...
Arcadia Biosciences Acquires Lief Brands’ Portfolio of CBD and Wellness Brands
DAVIS, Calif., – Arcadia Biosciences (Nasdaq: RKDA), today announced it has acquired the assets of Lief Holdings, LLC and its portfolio of wellness products from The Parent Company, along with select assets of Live Zola, ...
MariMed Announced Q1 2021 Financial Results
NORWOOD, Mass.–MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today announced its financial and operating results for the quarter ended March 31, 2021. Q1 2021 Financial Highlights from Management: ...
Nova Announces First Quarter 2021 Results
EDMONTON, AB–Nova Cannabis (TSXV: NOVC) today released its unaudited condensed interim consolidated financial statements and management's discussion and analysis for the three months ended March 31, 2021. "Nova has been executing its growth strategy to ...
VIVO Cannabis Announces First Quarter 2021 Results
TORONTO–VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) today released its first quarter 2021 financial and operating results. Management Commentary "In the first quarter of 2021, VIVO made significant contributions to its organizational foundation with the ...
iAnthus Reports First Quarter 2021 Financial Results
NEW YORK– iAnthus Capital Holdings, Inc (CSE: IAN) (OTC: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, today reported its financial results for the three months ended March 31, ...
Ascend Wellness Announces Q1 2021 Financial Results
NEW YORK–Ascend Wellness Holdings, Inc. (CSE: AAWH.U), a vertically integrated multi-state operator, today reported its financial results for the quarter ended March 31, 2021. The Company has applied to be quoted on the OTCQX, part ...
WEEDCon Cannabis Rock N’ Roll Golf Tournament Benefits Charity, Attracts Celebs
LOS ANGELES, May 18, 2021 /PRNewswire/ -- on Friday, May 21st, the Inaugural WEEDCon On The Green Dispensary Invitational will take place promoting the medical benefits of cannabis and benefitting nonprofit Safety Harbor Kids. The one day tournament ...
Enveric Biosciences Reports First Quarter 2021 Financial Results
NAPLES, Fla.–Enveric Biosciences, Inc. (NASDAQ: ENVB), a patient-first biotechnology company developing novel cannabinoid (CBD) medicines to improve quality of life for cancer patients, today reported its financial results for the three months ended March 31, ...
Curaleaf to Acquire Colorado-based Los Sueños
WAKEFIELD, Mass.–Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a provider of consumer products in cannabis, today signed definitive documents to acquire the Los Sueños Farms and its related entities, the largest outdoor grow in ...
State B Beverage Co. Announces Partnership with Young America Capital
SQUAMISH, B.C.–State B Beverage Co, a new arrival to the world of cannabis-infused beverages, announced a partnership with Young America Capital, an investment bank based in Mamaroneck, New York, who specialize in serving the needs ...
HEXO Corp To Acquire 48North Cannabis Corp.
OTTAWA- HEXO Corp. (TSX: HEXO) (NYSE: HEXO) and 48North Cannabis Corp (TSXV: NRTH) announced they have entered into a definitive arrangement agreement under which HEXO will acquire, by way of court-approved plan of arrangement under ...
