News
Village Farms International Reports Significantly Improved Second Quarter
Canadian Cannabis Retail Branded Sales Increase 18% Year-Over-Year (24% in Canadian Dollars), Significantly Outpacing Market Growth Canadian Cannabis Delivers Positive Net Income and 19th Consecutive Quarter of Positive Adjusted EBITDA Canadian Cannabis Maintains Top-Three Market Share Position Nationally and Takes Over Number One Market Share Position in Quebec Canadian Cannabis Exports Increase 189% (217% in Canadian […]
Jones Soda Reports Second Quarter 2023 Results
Bottom Line Continued to Improve with Further Reductions in Operating Expenses and Gross Margin Expanding by 440 Basis Points SEATTLE, Aug. 09, 2023 (GLOBE NEWSWIRE) — Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) (“Jones Soda” or the “Company”), the original craft soda known for its unconventional flavors and user-submitted photo labels, announced its financial […]
Cannabix Technologies Files Breath Sample Capture Patent and Detects Delta- 8 THC in Early Testing
For immediate release. Vancouver, British Columbia, August 4, 2023: Cannabix Technologies Inc.(CSE: BLO, OTC PINK CURRENT: BLOZF) (the “Company”) developer of marijuana and alcohol breath testing devices reports that it has filed an International Patent Application (“PCT”) titled, “Apparatus and Methods for Capturing Non-Volatile and Semi-Volatile Substances from Breath”. This PCT application covers new innovations and intellectual […]
MariMed Reports Second Quarter 2023 Earnings
NORWOOD, Mass., Aug. 02, 2023 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the second quarter ended June 30, 2023. “I am pleased to report another solid quarter of accelerating revenue growth […]
Christina Lake Cannabis Reports Second Quarter 2023 Results
Q2’23 Highlights Revenue up 36% to $1.4M over prior year period; increase of 81% over Q1’23 Distillate volumes sold increased by 118% compared to the six-month period ending Q2’22 Gross margin of $2.3M or 42.8% before fair value adjustments for the six-month period Decreased G&A expenses by $188k or 8% from prior year period “In […]
Flora Growth Corp. Announces an Exclusive Worldwide Partnership with Legendary Superstar Hulk Hogan
Fort Lauderdale, Florida–(Newsfile Corp. – August 1, 2023) – Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a consumer-packaged goods leader serving all 50 states and 13 countries with 15,000+ points of distribution around the world and a pharmaceutical distributor in 28 countries, is proud to announce that it has entered an exclusive worldwide […]
Endexx Corporation Announces Uplisting to OTCQB Venture Market
CAVE CREEK, AZ, July 31, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Endexx® Corporation (OTCQB: EDXC), a provider of innovative plant-based wellness and nutritional products, announced today that it has successfully uplisted from the OTC® Pink Market to the OTCQB® Venture Market (“OTCQB”). The uplisting was processed and approved by OTC Markets Group Inc., and the Company […]
Irwin Naturals Unleashes Trio of Cannabis Tinctures in Golden State
LOS ANGELES, July 28, 2023 (GLOBE NEWSWIRE) — Irwin Naturals Inc. (CSE: IWIN) (OTC: IWINF) (FRA: 97X) (“Irwin” or the “Company”) a leading innovator in natural health products, is catapulting into the California cannabis market with its line of Power to Sleep, Get Lit, and Balance tinctures through a licensing and supply agreement with The Hive Laboratory, LLC […]
First shipment of D*gg lbs (pronounced “dog pounds”) from the Company’s EU GMP facility in Chatham, Ontario has arrived in Israel Two new SKUs of D*gg lbs are now available for retailers to purchase through Ontario Cannabis Stores (“OCS”) Up to six additional SKUs are expected to follow in August for retailers to purchase D*gg lbs through the OCS CHATHAM, ONTARIO and TEL-AVIV, ISRAEL, July 26, 2023 (GLOBE NEWSWIRE) — Atlas Global Brands Inc. (“Atlas […]
Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a consumer-packaged goods leader serving all 50 states with 15,000+ points of distribution around the world and a pharmaceutical distributor in 28 countries, today provided an update with respect to the purchase and sale agreement for the sale of its Colombian related subsidiaries and assets to […]
SNDL and Nova Cannabis Extend Outside Date for Closing of the Strategic Partnership
SNDL Inc. (NASDAQ: SNDL) (“SNDL”) and Nova Cannabis Inc. (TSX: NOVC) (“Nova”) announced today that while all other provincial approvals have been received, the continued review by one provincial regulator has necessitated a further extension of the outside date for the closing of the previously-announced strategic partnership (the “Transaction”). SNDL and Nova anticipate that the […]
Lifeist Wellness Closes on Zest Acquisition
Lifeist acquires ‘Zest’ brand to drive growth in high-margin categories through targeted marketing and sales programs and as a complementary product line to its in-house concentrate brand, Roilty TORONTO, July 21, 2023 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF), a health-tech company that leverages advancements in science […]
BioHarvest Sciences Inc. Announces Closing of Private Placement of Convertible Notes
This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction. Vancouver, British Columbia and Rehovot, Israel–(Newsfile Corp. – July 18, 2023) – BioHarvest Sciences Inc. (CSE: BHSC) (OTCQB: CNVCF) (FSE: 8MV) (“BioHarvest” or the “Company”) is pleased to announce that it has closed its non-brokered private […]
07/17/2023 With 95% less nicotine than a traditional cigarette, VLN® cigarettes help existing adult smokers reduce their nicotine consumption and dependence SACRAMENTO, Calif., July 17, 2023 (GLOBE NEWSWIRE) — Biotech company 22nd Century Group, Inc. (NASDAQ: XXII) this week launched VLN® King cigarettes, the first-ever reduced nicotine combustible cigarette, in the California market. Starting July 17th, […]
BYND Cannasoft Announces Pricing of US$2.6 Million Underwritten Public Offering
ASHKELON, Israel and VANCOUVER, British Columbia, July 17, 2023 (GLOBE NEWSWIRE) — BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) (CSE: BYND) (“BYND Cannasoft” or the “Company”) today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately US$2.6 million, before deducting underwriting discounts and other estimated expenses payable […]
Inspired by the Boston Tea Party’s 250th Anniversary, Company Management and Employees Dress in Colonial Outfits, Decry Unfair IRS Code 280E MariMed 280E Protest “No taxation without representation! Down with 280E!” MariMed, a leading Multi-State Operator in the legal cannabis industry, reenacts the Boston Tea Party to protest the federal government’s unfair tax scheme […]
Trees Corporation and 420 Investments Ltd. Announce Reverse Takeover Transaction
Toronto, Ontario–(Newsfile Corp. – July 13, 2023) – Trees Corporation (NEO: TREE) (the “Company” or “Trees“) is pleased to announce that the Company has entered into a business combination agreement dated July 12, 2023 (the “Business Combination Agreement“) with 420 Investments Ltd. (“420“), a private arm’s length company incorporated under the Business Corporations Act (Alberta), pursuant to […]
Grown Rogue Closes Convertible Debenture Financing for Gross Proceeds of US$5,000,000
MEDFORD, Ore., July 13, 2023 /CNW/ – Grown Rogue International Inc. (“Grown Rogue” or the “Company”) (CSE: GRIN) (OTC: GRUSF), a craft cannabis company operating in Oregon and Michigan, announces that, further to its news release on July 4, 2023, it has closed the first tranche of a non-brokered private placement of unsecured convertible debentures (each, a “Debenture”) with an aggregate principal amount […]
Fawn River Cultivation Company and BioLumic Unleash a New Era of Cannabis Varieties in Michigan
New Light Treatments Add Value Through Specialized Gene Expression Constantine, MI | July 11, 2023 – Fawn River Cultivation Company and BioLumic announced today a new partnership to redefine cannabis cultivation in Michigan using BioLumic’s patented UV light technology, opening the door for new varieties to hit the consumer market by the end of 2023. “The BioLumic technology will […]
GOLDEN, Colo., July 10, 2023 (GLOBE NEWSWIRE) — Panacea Life Sciences Holdings, Inc. (OTCQB: PLSH) (“Panacea” or the “Company”), a plant-based natural health ingredient and product company, today announced it has entered into agreements to acquire eight retail locations in the Tampa, Florida area, offering Kava, Kratom, VAPE and CBD products and beverages operating as […]
MedMen Announces Ellen Deutsch as Chief Executive Officer and Amit Pandey as Chief Financial Officer
Edward Record Transitioning to Non-Executive Board Director LOS ANGELES, July 05, 2023–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis company with operations across the United States, today announced the appointments of Ellen Deutsch as Chief Executive Officer, effective immediately, and Amit Pandey as Chief Financial Officer, effective […]
The Healing Company Uplists to the OTCQB Venture Market and Secures New Strategic Investors
Uplists from the OTC Pink Market to the OTCQB Venture Market; continues trading under ticker HLCO Secures up to $7M in new funding from strategic partners including billion-dollar investment office of the Burman family (New Delhi) and the Goetz Family Office (Munich) Including previously announced financing, brings total raised and committed equity funding to up […]
GCANRx Announces Approval of Phase II Clinical Trial to Treat Autism Related Spectrum Disorders
BALTIMORE, July 05, 2023 (GLOBE NEWSWIRE) — Greater Cannabis Company, Inc. (“GCANRx” or the “Company”) (OTC: GCAN) a publicly traded biopharmaceutical company pioneering development of next generation therapeutics is pleased to announce that it has been granted final approval for its double blind, placebo controlled Phase II Clinical Trial for the treatment of Autism Spectrum Disorder […]
Agrify Announces 1-For-20 Reverse Stock Split
BILLERICA, Mass., July 03, 2023 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that the Company’s Board of Directors approved a 1-for-20 reverse stock split, to be effective as of 12:01 a.m. on Wednesday, July 5, 2023. The Company’s common stock will […]
News Release: Thompson Duke Industrial Releases New Big JIM & Little JIM Joint Infusion Machines
New machines provide customers with all-in-one automatic and semi-automatic solutions to infuse oil in pre-rolled cannabis products and vape devices Portland, Ore. – June 28, 2023 – Thompson Duke Industrial, the leader in cannabis oil vaporizer device filling and capping equipment, has released its new line of machines for the infusion of pre-rolled cannabis products. The Big […]
Independently Conducted Trial by Radicle Science Finds Florworks’s Flagship TruCBN; Showed a Significant Improvement in Sleep When Compared to Placebo Portland, Oregon–(Newsfile Corp. – June 28, 2023) – A landmark study led by FloraWorks Holdings Inc. (“FloraWorks” or “Company”), a leading cannabinoid therapeutics company, announced the results of the first-ever double-blind, randomized, placebo-controlled trial that analyzed the effects […]
TerrAscend Closes on Acquisition of Top Performing Maryland Dispensary, Peninsula Alternative Health
US$14M run rate medical dispensary poised to significantly increase sales with the launch of Maryland’s Adult-Use program on July 1st, and expected to be immediately accretive on an EBITDA and cashflow basis Located in close proximity to Delaware, with no competitors within a 25-mile radius, this dispensary is expected to quickly become one of TerrAscend’s […]
Fort Lauderdale, Florida–(Newsfile Corp. – June 27, 2023) – Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a consumer-packaged goods leader serving all 50 states with 15,000+ points of distribution around the world and a pharmaceutical distributor in 28 countries, announced today that Clifford Starke has been appointed as Chief Executive Officer to lead […]
LOS ANGELES, June 26, 2023 (GLOBE NEWSWIRE) — Ispire Technology Inc. (“Ispire” or “the Company”) (NASDAQ: ISPR), a leader in vapor technology, providing high-quality, innovative products with first-class performance, announced today that it has raised gross proceeds of approximately $8 million from the private placement of a total of 1,117,420 shares of common stock at […]
Power Leaves Corp. (“PLC”), a manufacturer of decocainized coca leaf extract, announced that it has signed an agreement with the Colombian Agricultural Research Corporation (“Agrosavia”) and the NASA WALA Foundation (“NASA”). Agrosavia is a non-profit entity belonging to the Colombian Ministry of Agriculture and Rural Development whose purpose is to carry out research and development of […]
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