News
Decibel Introduces Vox Brand with Launch of Vox Popz Crushable Pre-Rolls
CALGARY, AB, June 22, 2023 /CNW/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSXV: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce the launch of its new brand, Vox, and the introduction of its first product line, Vox Popz crushable extract pre-rolls. Decibel Cannabis logo […]
The treatment combines Clearmind’s MEAI, a novel proprietary psychedelic treatment for various addictions, and SciSparc’s Palmitoylethanolamide (PEA), the active ingredient of its proprietary CannAmide™ Tel Aviv, Israel / Vancouver, Canada, June 16, 2023 (GLOBE NEWSWIRE) — Clearmind Medicine Inc. (Nasdaq, CSE: CMND), (FSE: CWY) (“Clearmind” or the “company”), a biotech company focused on discovery and development […]
– Successfully underwrites complex transaction for unique California-based property containing numerous cannabis businesses – – Market-leading terms reflect Safe Harbor Financial’s continued normalization of cannabis financial services – GOLDEN, Colo., June 15, 2023 (GLOBE NEWSWIRE) — SHF Holdings, Inc. (“Safe Harbor Financial” or the “Company”) (NASDAQ: SHFS), a leader in facilitating banking, payments, and financial […]
The Parent Company Shareholders Approve Proposed Business Combination with Gold Flora
SAN JOSE, Calif., June 15, 2023 /CNW/ – TPCO Holding Corp. (“The Parent Company” or the “Company”) (NEO: GRAM) (OTCQX: GRAMF), a leading consumer-focused California cannabis company, announced today that holders (“TPCO Shareholders”) of common shares (“TPCO Shares”) of the Company voted in in favor of a special resolution to approve the previously announced proposed business combination (the “Business Combination”) with […]
HYLA Announces Distribution Contract With Sahara Trading UAE
Endexx’s Division HYLA Secures Eight Country Territory Deal CAVE CREEK, AZ, June 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx® Corporation (OTC: EDXC), a provider of innovative plant-based wellness and nutritional products, today announced its HYLA™ division has secured an eight country distribution agreement for Hyla “No-Nicotine” vape products in the greater “Middle East Territories”. […]
Springfield, Oregon–(Newsfile Corp. – June 14, 2023) – Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A) (“Silo” or “the Company”), a pioneer in psilocybin wellness retreats, is excited to announce its feature this Sunday on a groundbreaking CNN documentary episode of The Whole Story with Anderson Cooper. The episode, entitled ‘Magic Mushrooms: Can They Change Your Mind?’ takes […]
On the heels of Lift Toronto 2023, which took place June 1-3, gathering a robust audience from across the cannabis industry and community for education, exhibits and top-tier networking, Lift Events & Experiences announces a game-changing new partnership and key enhancements to its upcoming U.S. debut. Continuing its mission to “lift the cannabis industry […]
Aleafia Health Announces Fourth Quarter and Annual Financial Results
Revenue increased 9% to $11.7 million for the period ended March 31, 2023 (“Q4 FY2023”) versus $10.7 million for the period ended March 31, 2022 Net revenue increased 33% to $9.4 million for Q4 FY2023 versus $7.0 million for the period ended March 31, 2022 Revenue increased 24% to $57.4 million for the 12 […]
The Company Achieved Significant Sequential Improvement in Cost Reduction in Line With Its Goal to Achieve Positive Free Cash Flow by the End of This Calendar Year This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated December 3, 2021, to its short-form base shelf prospectus dated April 22, 2021. […]
CBD of Denver to Expand into German Cannabis Market and Provide Updates During Shareholder Call
Denver, Colorado–(Newsfile Corp. – June 13, 2023) – CBD of Denver (OTC Pink: CBDD) today announced that it intends to expand the scope of its CBD business in conjunction with letters of intent executed in March 2023 and will provide updates during a shareholder call on June 14, 2023. CBDD entered into 2 letters […]
PAX Expands Cannabis Portfolio with Launch of Brand’s First Edible Product
SAN FRANCISCO–(BUSINESS WIRE)–PAX, a leading global cannabis brand, today announced the expansion of its cannabis portfolio to include the brand’s first edible THC product. An established leader in the vaporization category for more than a decade, PAX’s entry into cannabis-infused gummies provides consumers with an extended set of offerings that deliver on the high level […]
THC Beverage Uncle Arnie’s Raises Strategic Funding Round
Investors include founding partners of Boston Beer Company and distinguished business leaders LOS ANGELES, CALIFORNIA, UNITED STATES, June 13, 2023/EINPresswire.com/ — Uncle Arnie’s, the top-selling cannabis-infused beverage brand in California, raised a strategic investment from two founding partners of Samuel Adams, Harry Rubin, and Lorenzo Lamadrid. Michael Carpenter, former CEO of Ally Financial and Citigroup’s Global […]
Organic Vertical License Win Will Expand Company’s National Footprint and Strengthen Strategic Presence in the Southeast The Alabama vertical license will allow Verano to operate a cultivation and processing facility and five retail cannabis dispensaries throughout the state The addition of Alabama, a state with a growing population of more than 5 million residents1, will increase Verano’s active operations […]
Endexx Announces 10K/A Audited Consolidated Fiscal 2022 Financial Results
Endexx Year Over Year Annual Revenues Grew 229% CAVE CREEK, AZ, June 12, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Endexx® Corporation (OTC: EDXC), a provider of innovative plant-based wellness and nutritional products, today announced the filing of its amended, consolidated, audited fiscal 2022 annual report. Endexx reported the consolidated 10-K audited revenue has grown 229% percent […]
Sunderstorm Acquires Nevada’s Abide Brands
The company’s first-ever acquisition adds a new category to its Nevada portfolio, signaling a new phase of growth and expansion LOS ANGELES, June 08, 2023 (GLOBE NEWSWIRE) — Sunderstorm, an award-winning company in the consumer cannabis space, has acquired Nevada-based Abide Brands, maker of Bounti Vapes. The acquisition allows Sunderstorm to add valuable team […]
US$22 million transaction, including minimal US$1.5 million cash component, expected to be immediately accretive on an EBITDA and cashflow basis 8,500 square foot dispensary located in close proximity to Delaware, with no other dispensaries within a 25-mile radius TORONTO, June 08, 2023 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a […]
Azuca Introduces Breakthrough Beverage Innovation: RTD ACTiVATOR®
Cannabis Drinks Manufacturers Now Have Access to Most Scalable and Stable Beverage Solution; TiME INFUSION® Outperforms “Nano” Again with RTD ACTiVATOR® NEW YORK (June 8, 2023)—Azuca, known for leading the advanced formulations category, delivering fast-acting and D9 effects, is revolutionizing the industry once again with the introduction of RTD ACTiVATOR® (“Ready to Drink”) for beverages. The announcement comes shortly after Azuca released […]
Red White & Bloom and Aleafia Health Execute Binding Letter Agreement for Business Combination
The Combined Company (as defined below) is expected to represent C$138 million in trailing distribution and retail revenue from the Canadian, United States and European cannabis end-markets and combined Gross Profit before fair value adjustments of $39 million.(1)(2)(3)(4) On a combined basis, RWB and Aleafia are expected to service approximately 3,000 retail locations in North America. (1)(2)(3)(4) […]
Atlas Global Brands Provides Corporate Update and Outlines Growth Strategy
trong execution since going public on the Canadian Securities Exchange (the “CSE”) in January 2023 Atlas launches D*gg Lbs brand in collaboration with Snoop Dogg, first SKUs ready for OCS summer product call Solidifying integrated value chain with Canadian cultivation facilities and Israeli acquisitions Streamlining operations and leveraging existing value chain capabilities Atlas will host an investor webinar on June 22 at 8 AM PT/ 11 AM ET […]
Dablicator Retail Revenues Surpass $100MM as it Enters Brand Partnership with TerrAscend
Top oil applicator manufacturer offers turnkey, revenue-generating solutions for TerrAscend’s leading in-house brands OAKLAND, Calif., May 31, 2023 /PRNewswire/ — Dablicator, a California-based producer of custom-branded, high-quality cannabis hardware, today announced that TerrAscend Corp. (“TerrAscend”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, has joined the Dablicator™ Oil Applicator Brand Partner Program for TerrAscend’s best-in-class in-house […]
Red White & Bloom Reports Results for the Three Months Ended March 31, 2023
Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (“RWB” or the “Company”) is pleased to report it has filed its Condensed Interim Consolidated Unaudited Financial Statements (“the Financial Statements”), Management Discussion and Analysis (“MD&A”), and associated certifications for its first quarter ended March 31, 2023 (collectively, “the 2023-Q1 Filings”). The 2023-Q1 Filings […]
Cansortium Reports First Quarter 2023 Results
Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced financial and operating results for the first quarter ended March 31, 2023. Unless otherwise indicated, all monetary results are presented in U.S. dollars. “We are pleased to once again report double-digit revenue growth and adjusted EBITDA […]
Hill Incorporated Releases FY2023 Q3 Financial Results
Hill Incorporated, formerly Hill Street Beverage Company Inc. (TSXV:HILL) (OTC:HSEEF) (“Hill” or the “Company”), a progressive bioscience implementation company that is dedicated to building pathways to better and healthier living by leveraging our deep CPG expertise to commercialize leading-edge technologies to craft superior cannabis solutions and non-alcoholic beverage products globally, is pleased to announce that today it has […]
Record Q1 2023 gross revenues of $9.5M, increase of 315% from Q1 2022 Record Q1 2023 cash provided by operations of $1.5M, compared to $104K in Q1 2022 Q1 2023 gross profit of $1.7M, increase of 102% from Q1 2022 LANGLEY, BC / ACCESSWIRE / May 30, 2023 / Adastra Holdings Ltd. (CSE:XTRX) (FRA:D2EP) (“Adastra” […]
New Platform is in Alliance with Green Globe International Group Inc. (GGII), Hempacco (HPCO) and GGII Subsidiary Green Star Labs, Inc. Del Mar, CA, | May 30, 2023 – American Diversified Holdings Corporation (OTC: ADHC) is announced today announce that the company is in the final stages of developing a state-of-the-art e-commerce site offering CBD products under ADHC […]
CALGARY, AB, May 29, 2023 /PRNewswire/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSXV: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce its interim financial results for the three month period ending March 31, 2023. Decibel Cannabis logo (CNW Group/Decibel Cannabis Company Inc.) “We’ve started the […]
AYURCANN REPORTS RECORD SALES OF $5,893,351 FOR Q3 2023, AN INCREASE OF 114% OVER Q3 2022
Toronto, Ontario, May 29, 2023 (GLOBE NEWSWIRE) — Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) (“Ayurcann” or the “Company”), a leading Canadian cannabis company specializing in the processing and manufacturing of cannabis 2.0 and 3.0 products in the recreational market, is pleased to announce its financial and operational results for the three- and nine-months ended March 31, 2023, […]
Hill Announces Timing of Name Change and Share Consolidation
Hill Street Beverage Company Inc.(TSXV:HILL) (OTC:HSEEF) (“Hill”, or the “Company”) is pleased to make the following announcements. The Company announces that further to its May 4, 2023press release, effective on or about Tuesday, May 30, 2023, the Company will change its name from Hill Street Beverage Company Inc. to Hill Incorporated. The Name Change serves to better reflect the Corporation’s […]
Huber presents temperature control solutions for cannabis extraction at ICBC
From 29 to 30 June 2023, the International Cannabis Business Conference (ICBC) will take place in Berlin. ICBC is Europe’s largest and longest standing cannabis B2B event and is considered the most important international platform for innovators and investors in the cannabis industry. Peter Huber Kältemaschinenbau SE, the temperature control technology specialist, is an exhibitor […]
How Will German Legalization Affect Europe’s Emerging Cannabis Industry?
As any long-time cannabis activist in the United States will attest, the U.S. experienced a ‘cannabis political butterfly effect’ during two separate eras. Cannabis activists worked at the state level to legalize medical cannabis for many years with no victories in the United States, although it wasn’t for lack of effort. That all changed in […]
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