News
Greenway Reports Third Quarter 2023 Financial Results
Company submitted to Health Canada an application for both a standard processing license, and an expanded cultivation license Commenced trading on the OTCQB® Venture Market under GWAYF $0.60 cash cost per gram of finished inventory on hand at end of quarter KINGSVILLE, ON, March 1, 2023 /CNW/ – Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTC: GWAYF) (“Greenway” or the “Company”), a cultivator of high-quality greenhouse cannabis for the Canadian […]
Acquisition Diversifies Investment Portfolio and Produces 13.5% Cap Rate over the Life of the Lease Term SCOTTSDALE, AZ / ACCESSWIRE / March 2, 2023 / Zoned Properties®, Inc. (“Zoned Properties” or the “Company”) (OTCQB:ZDPY), a leading real estate development firm for emerging and highly regulated industries, including legalized cannabis, today announced that the Company has acquired […]
Nextleaf Announces Q1 Results and Provides Commentary
Vancouver, British Columbia–(Newsfile Corp. – March 2, 2023) – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) (“Nextleaf“, “OILS“, or the “Company“), a federally regulated manufacturer and distributor of cannabis extracts, has released its Q1 financial statements for the quarter ended December 31, 2022. Nextleaf is pleased to provide selected financial highlights and milestones […]
Hill Street Announces Record Revenues and Gross Profit as Strong Growth Continues
Toronto, ON – TheNewswire – March 1, 2023 – Hill Street Beverage Company Inc. (TSXV:HILL) (OTC:HSEEF) (“Hill Street” or the “Company”), a progressive bioscience implementation company that utilizes new technologies to provide innovative cannabis solutions and non-alcoholic beverage products globally, is pleased to announce the following updates from the three-month period ended December 31, 2022 (“Q2 FY 2023”) financial […]
Endexx Announces Fiscal First Quarter 2023 Endexx Q1 Year Over Year Quarterly Sales Increase 17%
HYLA Investment Soars Booking $456,000 in First 90 Days With Six Million in Purchase Orders CAVE CREEK, AZ, March 01, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx Corporation (OTC: EDXC), a provider of innovative Hemp-derived wellness and skincare products, announced its Form 10Q, fiscal first quarter ending December 31, 2022. Endexx continues to grow its […]
Grown Rogue Reports Fiscal 2022 Results, Revenue Growth of 89% and Positive Free Cash Flow
Revenue of $17.8M compared to $9.4M in 2021, an increase of 89% Operating Cash Flow (OCF), before changes in working capital (WC), of $3.2M compared to $1.9M in 2021, an increase of 68% Free Cash Flow1 (FCF) of $0.9M, after a $1.2M increase in WC and $1.1M in capital expenditures The Company anticipates an increase in free cash flow in 2023 as a result of higher operating cash flow […]
TORONTO, February 28, 2023–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company“), today announced its financial results as at and for the three- and twelve-month periods ended October 31, 2022. All figures are in Canadian dollars unless otherwise noted. “We are very pleased to have achieved another quarter of top line revenue […]
1606 Corp Updates Shareholders
1606 Corp (OTC: CBDW), an acquisition-based CBD company, updates shareholders after completing the first thirty days of trading under the ticker symbol CBDW. On January 17th, 2022, 1606 Corp (OTC | CBDW), a spin-off of Singlepoint Inc, began trading. Around Feb 15th the company received delivery of enough inventory for an additional 2500 stores, and is in the process […]
AYURCANN Reports Q2 2023 Financial Results Featuring a 37% Increase In Year-Over-Year Gross Revenue
Toronto, Ontario, Feb. 27, 2023 (GLOBE NEWSWIRE) — Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) (“Ayurcann” or the “Company”), a leading Canadian cannabis extraction company specializing in the processing and co-manufacturing of pharma grade cannabis and hemp to produce various derivative cannabis 2.0 and 3.0 products in the recreational market, is pleased to announce its financial and […]
Springfield, Oregon–(Newsfile Corp. – February 27, 2023) – Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announced that it has reached an agreement with an arm’s length creditor to convert CAD$149,235.91 of accounts payable (“AP”) debt for common shares at a conversion price of $0.011 per share for a total of 13,566,901 shares with the statutory […]
Humble & Fume Inc. Announces Financial Results for Second Quarter Fiscal 2023
New Leadership Team is Focused on Accelerating Growth and Margin Enhancement Highlights include: A new leadership team has been introduced with a focus on the following: Q2 saw a decrease in operating expenses of $2 million or 30% year over year and $3.5 million or 27% for the six months year over year in the North American accessories […]
Seeding Program Will Produce Tobacco for Up To 2 Billion Sticks – The Entire Annual Cigarette Consumption of New Zealand – To Make Reduced Nicotine Content Cigarettes Readily Available at National Scale VLN® Poised to Serve as the Foundational Cigarette for Reduced Nicotine Content Public Health Policies Worldwide BUFFALO, N.Y., Feb. 22, 2023 (GLOBE NEWSWIRE) […]
1606 Corp Secures $20M to Build Out CBD Business & Pursue NASDAQ Uplisting
1606 Corp. (OTC: CBDW), an acquirer and developer of CBD brands, including Truz and CBD Singlez, recently announced a $20 million equity financing agreement with GHS Investments LLC to build out its business with additional brands, distribution networks, and businesses. Following these acquisitions, the company anticipates meeting the requirements to uplist to the NASDAQ, opening […]
Funds will also support the R&D program for potentially availing Active Pharmaceutical Ingredients (APIs) to the pharmaceutical industry with compositions based on its botanical synthesis technology 2 years 9% interest notes with conversion at a share price of no less than CAD $0.32 Vancouver, British Columbia, and Rehovot, Israel–(Newsfile Corp. – February 21, 2023) – BioHarvest […]
Grown Rogue Increases Oregon Sungrown Capacity
MEDFORD, Ore., Feb. 21, 2023 /CNW/ – Grown Rogue International Inc. (“Grown Rogue” or the “Company”) (CSE: GRIN) (OTC: GRUSF), a craft cannabis company operating in Oregon and Michigan, has announced the expansion of their Oregon craft sungrown capacity with a lease option (“Lease Option”) on a 35 acre-property (“Property”) in Medford, Oregon. The Property has three tax lots that would allow, […]
Flora Growth Begins Product Sales in Juan Valdez, Colombia’s Largest Coffeehouse Chain
– Procafecol S.A., the parent company of Juan Valdez, one of the most well-known Colombian coffee brands, signed an agreement with Flora to supply Juan Valdez coffee shops with Flora’s consumer goods products. – The agreement allows Flora to distribute into 313 stores, with national distribution in Colombia. FORT LAUDERDALE, Fla. & TORONTO, February 21, […]
MariMed To Expand Footprint in Massachusetts With Dispensary Acquisition in Quincy
NORWOOD, Mass., Feb. 21, 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 intention to acquire the operating assets of Ermont, Inc. (“Ermont”), a medical licensed vertical cannabis operator, located in Quincy, MA. Ermont who is presently in receivership […]
Hill Street Announces US Listing on the OTCQB Under the Symbol “HSEEF”
Toronto, ON — February 21, 2023 — Hill Street Beverage Company Inc. (TSXV: HILL) (OTCQB: HSEEF) (“Hill Street” or the “Company“), a progressive bioscience implementation company that utilizes new technologies to provide innovative cannabis solutions and non-alcoholic beverage products, announces today that it has qualified to trade on the OTCQB Venture Market. The Company also intends to seek The […]
Second-generation products were developed using novel genetic markers and leverages Evogene’s GeneRator AI tech-engine Rehovot, Israel – February 21, 2023 – Canonic Ltd., focused on the development of medical grade cannabis products and a wholly owned subsidiary of Evogene Ltd. (Nasdaq: EVGN, TASE: EVGN), today announced the completion of its launch of six second-generation hybrid cannabis products in […]
1606 Corp Secures $20,000,000 in Financing For The Purpose of Acquiring CBD Businesses
PHOENIX, Feb. 16, 2023 /PRNewswire/ — 1606 Corp (OTC: CBDW), an acquisition-based CBD + Hemp retail product distribution company, announces that 1606 Corporation has entered into an Equity Financing Agreement and Registration Rights with GHS Investments LLC. Under the terms of the Equity Financing Agreement, GHS agreed to provide 1606 Corp with, up to $20,000,000, to be used for acquisition […]
AmeriCann Reports Four Consecutive Quarters of Positive Net Income
The Company achieved record quarterly revenue and net income for its quarter compared to the same quarter in prior years DENVER, Feb. 16, 2023 (GLOBE NEWSWIRE) — via InvestorWire — AmeriCann Inc. (OTCQB: ACAN) (the “Company”), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, has released financial and operational results […]
Xebra Brands Announces Private Placement and Share Consolidation
Vancouver, British Columbia–(Newsfile Corp. – February 16, 2023) – Xebra Brands Ltd. (CSE: XBRA) (OTCQB: XBRAF) (FSE: 9YC) (“Xebra”) a cannabis company, announces a 5 to 1 share consolidation and a non-brokered private placement of up to 8,000,000 units of Xebra (the “Units“) priced, on a post-consolidated basis, at $0.075 per Unit for gross proceeds of up to $600,000 (the “Offering“). […]
CENTR Brands Corp. Announces Private Placement for up to $5 Million
Vancouver, British Columbia–(Newsfile Corp. – February 15, 2023) – CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF) (“CENTR Brands” or the “Company“) is pleased to announce a non-brokered private placement of units at a price of $0.30 per Unit for aggregate gross proceeds of up to $5,000,000 (the “Offering“). Each Unit will consist […]
springbig Collaborates with Flowhub to Introduce Two-Way Loyalty Integration Feature
For the first time, dispensaries using Flowhub will have access to springbig reward redemption through their point of sale BOCA RATON, Fla., Feb. 15, 2023 (GLOBE NEWSWIRE) — springbig (the “Company”) (NASDAQ: SBIG), a leading provider of SaaS-based marketing solutions, today introduced a new integration with Flowhub, the leading cannabis software company for dispensaries. The Company’s latest […]
Item 9 Labs Corp. Secures Financing to Complete Acquisition of Sessions Cannabis in March 2023
Acquisition expected to establish Item 9 Labs Corp. as the largest cannabis franchisor in North America & among the top 10 cannabis retailers Sessions currently generates over CA$80 million in annual systemwide sales across more than 45 dispensaries in Ontario, with an Adjusted EBITDA* margin of approximately 65% PHOENIX, February 15, 2023–(BUSINESS WIRE)–Item 9 Labs […]
Financial Highlights: Profitable: Net Income of $95,397 in Q2 from a Net Loss of $1,373,858 in the prior year Revenue rose 45% from $923,829 to $1,341,750 in the second quarter of fiscal year 2022 Gross Profit increased 174% from $261,770 to $716,146 in the same period Operating Expenses decreased 23% from $750,675 to $579,978 […]
IGC Reports Financial Results for Third Fiscal Quarter Ended Dec. 31, 2022
POTOMAC, Md., Feb. 14, 2023 (GLOBE NEWSWIRE) — via InvestorWire — India Globalization Capital, Inc. (dba IGC, Inc.) (NYSE American: IGC) (“IGC” or the “Company”) today reported its third fiscal quarter 2023 financial results. Third Fiscal Quarter 2023 Highlights: The Company expanded the number of sites participating in its Phase 2 clinical trial on […]
FAB CBD Offers a Sweetheart of a Deal This Valentine’s Day
FAB CBD, one of the most trusted and respected brands in the industry, is playing Cupid this Valentine’s Day by holding a sweet sale that aims to warm the hearts of its customers and the ones they love. The brand’s Valentine’s Day Sale, which runs from February 13-16, 2023, gives customers the opportunity to receive 30% off […]
Forian Announces the Sale of BioTrack to Alleaves
Forian Inc. (Nasdaq: FORA), a provider of technology, analytics and data science driven solutions, today announced the sale of Forian’s cannabis software subsidiary, Bio-Tech Medical Software, Inc. (d/b/a BioTrack), to Alleaves, Inc., a provider of ERP software solutions to the cannabis industry, effective February 10, 2023, for a total purchase price of $30 million in […]
Cookies Detroit Celebrates Three-Year Anniversary with Launch of Adult-Use Sales
TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF) a leading North American cannabis operator, today announced that it has launched adult-use cannabis sales at its Cookies Detroit retail location. Through its subsidiary Gage Cannabis Co., the Company will now provide adult-use customers in Detroit with access to high-quality products from brands including GAGE, Cookies, Pure […]
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