News
ESTERO, Fla., May 23, 2023 (GLOBE NEWSWIRE) — via InvestorWire — GRN Holding Corporation (OTC Pink: GRNF) announces the successful completion of its merger with Marijuana Inc., solidifying their position as a dominant player in the cannabis industry. This milestone achievement marks a significant step forward in their shared vision of delivering high-quality cannabis products and driving […]
BZAM Ltd. & 4C LABS conclude strategic distribution agreement for the UK market
VANCOUVER, BC, TORONTO and LONDON, May 23, 2023 /PRNewswire/ – BZAM Ltd. (the “Company” or “BZAM“) (CSE: BZAM) (US-OTC: BZAMF), is pleased to announce that its subsidiary, The Green Organic Dutchman Ltd. (collectively the “Company”) has entered into a strategic distribution agreement with 4C LABS Ltd. (“4C LABS”), a London, UK based import & distribution company focused on the medical cannabis space. The Company […]
Bright Green Announces Pricing of $3.5 Million Private Placement
GRANTS, N.M., May 22, 2023 (GLOBE NEWSWIRE) — Bright Green Corporation (NASDAQ: BGXX) (“Bright Green” or “the Company”), one of the very few companies selected by the U.S. government to grow, manufacture, and sell, legally under federal and state laws, cannabis and cannabis-related products for research, pharmaceutical applications and affiliated export, today announced that it […]
Acreage Reports First Quarter 2023 Financial Results
Achieved Ninth Consecutive Quarter of Positive Adjusted EBITDA Received Shareholder Approval for Strategic Arrangement with Canopy and Canopy USA Gained Access to Additional Funding Through Amendments to Credit Facility NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis […]
Endexx Announces Record Fiscal Second Quarter 2023
Endexx Consolidated Q2 Year-over-Year Quarterly Sales Increased 865% CAVE CREEK, AZ, May 22, 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 Form 10-Q for its second quarter ending March 31, 2023. Endexx reported the consolidated second quarter unaudited […]
TerrAscend Debuts Legend in the Great Lakes State TORONTO, May 19, 2023 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced that its subsidiary, Gage Cannabis Co. (“Gage”), has launched Legend, a cannabis brand providing consumers with top-quality flower at everyday prices, in Michigan. Legend products will […]
Power Leaves Corp. Announces Successful Visit by Colombian Vice President to Cohetando Facility
This visit represents a continuation of the government’s support for PLC, its partnership with the NASA Indigenous Community, and approach to de-stigmatizing the coca leaf. TORONTO, May 17, 2022 — Power Leaves Corp. (“PLC”), a manufacturer of decocainized coca leaf extract, announces a successful visit by the Vice President of Colombia, Francia Marquez, to our Cohetando facility, […]
Known for Canada’s #1 cannabis conferences, Lift’s U.S. debut welcomes all members of the cannabis industry and community for three days of exclusive education and a tradeshow featuring hundreds of exhibitors across the cannabis ecosystem San Francisco (May 16, 2023)–Lift Events and Experiences, known for Canada’s #1 cannabis conferences and tradeshows, will launch its […]
Ispire Technology Inc. Reports Financial Results for the Third Quarter 2023
Revenue Increased 26.9% to $24.1 Million; Gross Profit Increased 51.9% to $4.5 Million; Net Loss of $3.3 Million for the Quarter, up from a $1.0 Million Net Loss in the Third Quarter 2022 Issues Fourth Quarter 2023 Outlook for Cannabis Vaping Products, Representing Growth of 58% to 98% LOS ANGELES, May 16, 2023 […]
Green Check Verified Announces Integration With Alleaves
Integration With Point-of-Sale Will Improve the User Experience for Cannabis-Related Businesses Using Green Check Platform BONITA SPRINGS, FL, May 16, 2023 — Green Check Verified (GCV), the leading fintech provider of compliant cannabis solutions and services to financial institutions, today announced an integration with Alleaves, a provider of point-of-sale, payments and enterprise resource planning (ERP) software solutions […]
Flora Growth Reports First Quarter 2023 Financial Results
Flora generated $20.1 million in revenue in Q1 2023, a 307% increase year-over-year. Gross profit for Q1 2023 increased 105% year-over-year, to $5.5 million. Posting a net loss of $3.9 million for Q1 2023 (decreased from Q1 2022). New leadership plans to further reduce expenses and focus on organic revenue growth. FORT LAUDERDALE, Fla., […]
SNDL Reports First Quarter 2023 Financial and Operational Results
Synergy targets related to the Valens acquisition increased to more than $30 million through 2024 CALGARY, AB, May 15, 2023 /PRNewswire/ – SNDL Inc. (NASDAQ: SNDL) (“SNDL” or the “Company“) reported its financial and operational results for the first quarter ended March 31, 2023. All financial information in this press release is reported in millions of Canadian dollars unless otherwise […]
Jushi Holdings Inc. Reports First Quarter 2023 Financial Results
Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, is pleased to announce its financial results for the first quarter ended March 31, 2023 (“Q1 2023”). All financial information is unaudited and provided in U.S. dollars unless otherwise indicated and is prepared under U.S. Generally Accepted Accounting Principles (“GAAP”). […]
Clearmind Medicine Announces IRB Approval to Conduct Clinical Trial on Alcohol Use Disorder
News provided by Clearmind Medicine, May 12, 2023 IMCA medical center’s ethics committee approves clinical trial using proprietary CMND-100 treatment in Israel Tel Aviv, Israel / Vancouver, Canada, May 12, 2023 (GLOBE NEWSWIRE) — Clearmind Medicine Inc. (Nasdaq, CSE: CMND), (FSE: CWY) (“Clearmind”or the “company”), a biotech company focused on discovery and development of novel psychedelic-derived therapeutics […]
TerrAscend Reports Record First Quarter 2023 Revenue
TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today reported its financial results for the first quarter ended March 31, 2023. All amounts are expressed in U.S. dollars and are prepared under U.S. Generally Accepted Accounting Principles (GAAP), unless indicated otherwise. The following financial measures are reported as […]
Leafly Holdings, Inc. Reports First Quarter 2023 Financial Results
Leafly Holdings, Inc. (“Leafly” or “the Company”) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today announced financial results for its first quarter ended March 31, 2023. “Our first quarter results reflect continued focus on our strategy and our commitment to building a path to profitability. Macro challenges have put […]
1606 Corp Increases Production To Meet CBD Product Demand
1606 Corp. (OTC: CBDW), an acquisition-based CBD holding company today announced that production of $150,000 in new inventory has been ordered to meet demand from new distributor’s representing 1606’s Brio Nutrition line of CBD products. Brio Nutrition is a rapidly growing health and wellness CBD brand, owned by 1606 Corp, and has recently secured a major distribution […]
1606 Corp. Signs Product Distribution Agreement With SurgePays, Inc.
1606 Corp. (OTC: CBDW), an acquisition-based CBD holding company today announced that the company closed a distribution deal with SurgePays, Inc. (Nasdaq: SURG). Under this agreement, SurgePays has agreed to distribute 1606 Corp.’s Hemp smokable products to its thousands of registered retail store customers. SurgePays has already taken possession of 1,000 six-pack displays and is currently […]
From Japan to Mexico to the World: “The Metabolism for Life” Austin, May 08, 2023 (GLOBE NEWSWIRE) — Indoor Harvest Corp. (OTCPK: INQD) (the “Company”) a company of sustainable-hemp and wellness related products, is pleased to announce the acquisition of a 60% controlling interest in Metabiogenix USA® for $2.5M in a combination of cash and common stock. […]
MariMed Reports First Quarter 2023 Earnings
NORWOOD, Mass., May 08, 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 first quarter ended March 31, 2023. “I am pleased to report another solid quarter,” said Jon Levine, Chief Executive Officer. […]
306% growth capturing channel, category, and innovation in clean-ingredient food, next generation skincare, and plant-based wellness VANCOUVER, BC , May 4, 2023 /CNW/ – Simply Better Brands Corp. (“SBBC” or the “Company”) (TSXV: SBBC) (OTCQB: PKANF) is pleased to announce its unaudited financial results for the year ended December 31, 2022. All amounts are expressed in United States dollars unless […]
MONTREAL, May 4, 2023 /CNW/ – Cannara Biotech Inc. (“Cannara” or the “Company“) (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative product offerings at affordable prices with two mega facilities based in Québec spanning over 1,650,000 sq. ft., announced today that they have raised an additional $10 million of credit facilities from its lead […]
cbdMD Announces Closing of $2.8 Million Underwritten Public Offering of Common Stock
Charlotte, North Carolina–(Newsfile Corp. – May 3, 2023) – cbdMD®, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA), one of the nation’s leading CBD companies, today announced the closing of its previously announced underwritten public offering of 1,350,000 shares of its common stock at a public offering price of $2.10 per share. Gross proceeds from the […]
CBDW Launches Direct-to-Merchant Campaign for CBD Singlz
1606 Corp (OTC: CBDW), an acquisition-based CBD holding company with tobacco alternative products, announces the company has successfully launched its first major marketing campaign of 2023. This marketing campaign focuses on menthol flavored tobacco alternatives in California filling the high demand for menthol flavored smokables. Labeled the ‘Cali Push’, this marketing campaign utilized direct mail […]
For immediate release. Vancouver, British Columbia, May 2, 2023: Cannabix Technologies Inc.(CSE: BLO, OTC PINK CURRENT: BLOZF) (the “Company”) developer of breath testing devices for law enforcement and the workplace reports that it has filed an International Patent Application (“PCT”) titled, “Contact-Free Breath Analysis Device and Method” (PCT/CA2023/050409). This PCT application was the next step in converting the Company’s […]
REHOVOT and MOSHAV KESHET, Israel, May 2, 2023 /PRNewswire/ — Canonic Ltd. (“Canonic”), focused on the development of medical grade cannabis products and a wholly owned subsidiary of Evogene Ltd. (Nasdaq: EVGN, TASE: EVGN), together with Plantis Agro Ltd. (“Plantis”), a leading cultivator of Cannabis based in the north of Israel, today announced a license […]
Second Leading Consumer Hemp/Cannabis Brand Adopts 22nd Century’s Turn-Key Contract Development and Manufacturing Plus Distribution (CDMO+D) Solution Previously Announced Cookies Agreement Now Targeting More Than 200 Wholesale Distributors Combined Cumulative Value of New License and Distribution Agreements Executed to Date Expected to Exceed $140 Million Over Contract Terms BUFFALO, N.Y., May 02, 2023 (GLOBE NEWSWIRE) […]
Indoor Harvest Corp. Announces Completion of Acquisition of 369Hemp®
State-of-the-Art Hemp Cigarette Manufacturer Headquartered near Winston-Salem, North Carolina AUSTIN, May 01, 2023 (GLOBE NEWSWIRE) — Indoor Harvest Corp. (OTCPK: INQD) (the “Company”) a company focused on sustainable-hemp and wellness related products, is pleased to announce the completion of the acquisition of Opportunity Development Group, LLC, and its subsidiary 369Hemp, Inc. (collectively referred to as […]
CWCBExpo Opens Registration for New York’s Premier Cannabis Business Event
The Main Event on the East Coast for the Legalized Cannabis Industry Returns to New York for its 9th Year (Paramus, NJ, February 2023)—Registration is now open for the 9th Annual CWCBExpo (Cannabis World Congress & Business Exposition) taking place June 1-3 2023 at the Javits Convention Center in New York, NY. CWCBExpo is the […]
Hill Incorporated: Rebuilt & Ready for Growth
Hill Incorporated (TSX-V: HILL) (OTC: HSEEF) is transforming its legacy business model to embrace a more profitable and scalable global growth agenda. Under a new C-Suite team, the Company is pioneering the space where craft consumer products meet bioscience by combining their deep consumer packaged goods expertise and brands with their licensing rights for patented […]
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