Cannabis
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
– 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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Watch CFN Media’s exclusive three part interview with Paul Rosen, one of the most active and diversified investors in the emerging cannabis industry. Paul gives his insights on the global cannabis industry and discusses his new endeavors. Become a CFN Media Client Paul Rosen is a noted career entrepreneur and management consultant. Over the last […]
Matt Hawkins is the founder and managing principal of Cresco Capital Partners, LLC (“Cresco”), a private equity firm focused specifically on investing in the legalized cannabis industry. Since its inception in the summer of 2015, Cresco has made 14 investments out of its first fund and is currently raising this fund, Fund II. Prior to the […]
Red White & Bloom Inc. (CSE: RWB) is positioning itself to be one of the top three multi-state cannabis operators active in the U.S. legal cannabis and hemp sector.
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