News


Village Farms International Announces Completion of the Accordion Provision of the Pure Sunfarms’ Credit Facility

July 2nd, 2020 - Ryan Allway

— Expanded Facility Provides Additional Financial Resources and Flexibility as Pure Sunfarms Continues to Build on its Success to Date as a Leading Canadian Cannabis Producer and Brand –  VANCOUVER, BC, July 1, 2020 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) (TSX: VFF) today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure […]

Body and Mind Dispensary Grand Openings in San Diego and West Memphis and Corporate Update

July 2nd, 2020 - Ryan Allway

VANCOUVER, BC, July 2, 2020 /PRNewswire/ – Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) (the “Company” or “BaM“), a multi-state cannabis operator, announced today details of grand opening celebrations in San Diego and West Memphis and provides a corporate update. “We are excited to have grand opening celebrations at our newest dispensaries and our strategy of measured growth while diversifying across limited […]

High Times Enters into Agreement to Acquire California Cannabis Delivery Service Mountain High

July 2nd, 2020 - Ryan Allway

June 30, 2020 08:30 ET | Source: Hightimes Holding Corp. Cannabis’s Title Brand Will Be Able to Deliver Products in the World’s Premiere Market Los Angeles, June 30, 2020 (GLOBE NEWSWIRE) — Hightimes Holding Corp., owner of High Times®, the most well-known brand in cannabis, has announced that it has entered into an agreement to acquire Mountain High […]

3 Ex-U.S. & Canada Cannabis Stocks to Consider for Your Portfolio

July 1st, 2020 - Ryan Allway

The North American cannabis industry has captured all of the headlines, but more than 50 countries around the world have already legalized either medical or adult-use cannabis. In Europe alone, more than 30 countries have some form of legalized cannabis use, from coffee shops in the Netherlands to Germany’s massive medical cannabis market. These international […]

Canada’s Largest THC-Infused Gummy Manufacturer Dynaleo Enters Into First International Letter of Intent

June 30th, 2020 - Ryan Allway

TORONTO, June 29, 2020 /CNW/ – Dynaleo, the Edmonton, AB manufacturer of premium cannabis-infused gummies, has signed a letter of intent with its first international partner. Dynaleo, part of Canopy Rivers’ portfolio of disruptive cannabis companies, made the announcement a week after they received their Standard Processing License from Health Canada. “We are pleased to have entered into a […]

PharmaCielo Ltd. Files Final Prospectus for $4 Million Bought Deal Offering

June 30th, 2020 - Ryan Allway

TORONTO, June 29, 2020 /CNW/ – PharmaCielo Ltd. (the “Company” or “PharmaCielo“) (TSXV:PCLO) (OTCQX: PCLOF) is pleased to announce that it has filed a (final) short form prospectus with the securities regulatory authorities in British Columbia, Alberta, Ontario and Quebec in connection with its previously announced $4 million “bought deal” offering of common shares (the “Offering“), co-led by Cormark Securities Inc. and Stifel GMP. The […]

Radient Technologies Inc. Announces Receipt of Sales License, Launch of 2.0 Product Offerings And Supply Agreement with Premium 5 Ltd.

June 30th, 2020 - Ryan Allway

June 30, 2020 07:30 ET | Source: Radient Technologies Inc EDMONTON, Alberta, June 30, 2020 (GLOBE NEWSWIRE) — Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), a manufacturer of high quality cannabinoid-based formulations and products, has received a Health Canada license amendment for the sale of cannabis extracts, cannabis edibles and cannabis topicals.  This license, which […]

3 Ways to Invest in the Burgeoning CBD Market

June 29th, 2020 - Ryan Allway

The hemp-based cannabidiol, or CBD, market has experienced tremendous growth over the past several years. While growers and extraction businesses experienced much of the early growth, consumer packaged goods and reputable brands are the keys to sustainable growth over the coming years as the market continues to mature. Most high-growth companies are focused on categories […]

Harvest One Announces Sale of Duncan Facility for $8.2 million, Cannabis 2.0 Licence Agreement, $1.5 Million Bridge Financing and Q3 2020 Financial Results

June 29th, 2020 - Ryan Allway

Sale of Duncan Facility and its related operations confirms Harvest One’s strategic transition to a cannabis-focused Consumer Packaged Goods (“CPG”) company Duncan Facility sale streamlines Harvest One’s operating model and significantly improves its cost structure and strengthens balance sheet Licence Agreement provides Harvest One with royalty stream for Cannabis 2.0 brands in Canada $1.5 million bridge financing […]

Jushi Holdings Inc. Announces Closing of Acquisition of Agape Total Health Care Inc, a Pennsylvania Medical Marijuana Dispensary Permit Holder

June 29th, 2020 - Ryan Allway

June 26, 2020 05:30 ET | Source: Jushi Holdings Inc. BOCA RATON, Fla., June 26, 2020 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a globally-focused, multi-state cannabis and hemp operator, announced the closing of the Company’s previously announced acquisition of 80 percent of the economic and voting interests in Agape Total Health Care Inc. […]

Cresco Labs Announces Retirement of Ken Amann and Appointment of Dennis Olis as Chief Financial Officer

June 29th, 2020 - Ryan Allway

Dennis Olis has been named Chief Financial Officer of Cresco Labs (Photo: Business Wire). June 25, 2020 08:30 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, today announced that Ken Amann, who has been the Company’s Chief Financial […]

Liberty Health Sciences Announces Record Revenue Increase in Fiscal Year 2020 Financial Results; 401% Growth

June 29th, 2020 - Ryan Allway

Combined revenue for the year ended is $50 million * All references to dollar values refer to Canadian dollars unless otherwise stated. TORONTO, June 26, 2020 /PRNewswire/ – Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) www.libertyhealthsciences.com (“Liberty” or the “Company”), a provider of high quality cannabis, announced its financial results for fiscal year 2020 ending February 29, 2020. Consolidated net sales for […]

TILT Announces Q1 2020 Financial Results

June 29th, 2020 - Ryan Allway

TILT Reports Revenue of $42.4 Million, Up 27% Quarter over Quarter Positive Adjusted EBITDA of $1.7 Million $32.3 Million Record Quarterly Revenue at Jupiter Research Sequential Gross Margin Increase from 20.0% to 27.7% CAMBRIDGE, Mass., June 23, 2020 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a business solutions […]

Vireo Health Announces Sale of Equity in Pennsylvania Medical Solutions to Jushi Holdings Inc. for Total Consideration of $37 Million

June 29th, 2020 - Ryan Allway

– Transaction secures Vireo’s financial future without dilutive impacts to shareholders – – Purchase price includes $16.3 million in cash and $17 million in future liabilities – – Jushi receives 18-month option to acquire Equity in Pennsylvania Dispensary Solutions, LLC – MINNEAPOLIS, June 22, 2020 /PRNewswire/ — Vireo Health International, Inc. (“Vireo” or the “Company”) (CNSX: VREO; OTCQX: VREOF), […]

Allied Corp. signs Definitive Agreement for Tactical Relief™ Distribution

June 26th, 2020 - Ryan Allway

OTCQB: ALID Allied Corp. sign Definitive Agreement with Hollister Biosciences for Distribution of Products Under Veteran Based Brand: Tactical Relief™ CLICK FOR INFO ON ALLIED Vancouver, BC, June 26, 2020 – Hollister Biosciences Inc. (CSE: HOLL, FRANKFURT: HOB) (the “Company” or “Hollister”) is pleased to announce that further to the press release dated February 7th, 2020, through it’s subsidiary, Hollister […]

Indiva Launches New CBD Products

June 25th, 2020 - Ryan Allway

Indiva introduces Bhang® CBD Milk Chocolate and INDIVA™ CBD Softgels LONDON, Ontario, June 25, 2020 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce the introduction of two new CBD offerings to its product portfolio. Bhang® CBD Milk Chocolate has shipped to provincial wholesalers in Ontario, Alberta, British Columbia, […]

Tinley’s Long Beach Facility Passes All Remaining Municipal Inspections

June 25th, 2020 - Ryan Allway

LOS ANGELES and TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — The Tinley Beverage Company Inc. (“Tinley” or the “Company”) is pleased to announce that its Phase 3 bottling facility in Long Beach, California has passed all remaining municipal inspections.  The facility has received a provisional cannabis manufacturing license from the State of California, and the […]

Plus Products Launches New PLUS CBDRelief 1:1 Product, Expands Wellness and Relief Portfolio

June 25th, 2020 - Ryan Allway

SAN MATEO, Calif., June 25, 2020 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”), a cannabis and hemp branded products company in the U.S., today announced the expansion of its recently launched wellness and relief brand, PLUS CBDRelief, with the introduction of a new Pomegranate 1:1 CBD to THC ratio product. Highlights […]

Sugarbud Announces Closing of Fully Subscribed $4.0 Million Public Offering of Secured Convertible Debenture Units and Provides Corporate Update

June 25th, 2020 - Ryan Allway

CALGARY, AB, June 24, 2020 /CNW/ – Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.WT) (“Sugarbud” or the “Company“) is pleased to announce the closing of its previously announced public offering (the “Offering“) of secured convertible debenture units of the Company (each, a “Debenture Unit“), for aggregate gross proceeds of $4,000,000 (the “Offering“). The Offering was led by Mackie Research Capital Corporation […]

The Flowr Corporation Provides Update on European Operations

June 25th, 2020 - Ryan Allway

TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to provide an operational update at the Aljustrel, Portugal outdoor medical cannabis site (the “Partnership”) which is jointly operated with Terrace Global Inc. (TSXV: TRCE) (“Terrace Global”).  Flowr is also pleased to announce that the […]

Red White & Bloom Investee PharmaCo Expands Cultivation Capacity in Michigan and Begins First Indoor Harvest in Detroit

June 25th, 2020 - Ryan Allway

Harvest marks important milestone by supplying Michigan top-shelf, lab-approved cannabis amidst a Statewide product shortage TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTC: TDRYD) (“RWB” or the “Company”) is pleased to announce that its investee PharmaCo Inc. continues to execute on their expansion, having been awarded nine […]

HempFusion(R) Participates and Sponsors Industry Leading Study on CBD and Human Health

June 25th, 2020 - Ryan Allway

DENVER, COLORADO, June 25, 2020 – HempFusion® (“the Company”), a leading dietary supplements company focused on products that contain Hemp/CBD in the United States with distribution of its family of brands to approximately 4,000 retailers across 47 states, is pleased to announce the sponsorship and participation in ValidCare’s scientific study that addresses the Food and Drug Administration’s (“FDA”) previous questions […]

Cannabis Demand Remains Healthy Despite COVID-19 Challenges

June 25th, 2020 - Ryan Allway

Oregon cannabis sales topped $100 million for the first time since legalization despite the impact of COVID-19, according to the Oregon Liquor Control Commission. While COVID-19 has impacted nearly every part of the economy, cannabis businesses have remained open as essential businesses in the United States and other parts of the world. Canadian demand is […]

Village Farms International’s Cannabis Joint Venture Pure Sunfarms Begins Shipping Branded Products to Saskatchewan and Approved to Begin Shipments to Manitoba

June 24th, 2020 - Ryan Allway

— Pure Sunfarms Continues to Launch New Products, Including Pre-Rolls in Ontario and Continues to Prepare for Launch of First Cannabis 2.0 Products this Summer — VANCOUVER, BC, June 24, 2020 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) (TSX: VFF)  today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has […]

Auxly’s Subsidiary Dosecann Enters into Manufacturing and Distribution Agreement with dosist™, an Award-Winning Wellness Company

June 24th, 2020 - Ryan Allway

TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX.V – XLY) (“Auxly” or the “Company”), a leading consumer packaged goods company in the derivative cannabis products market, is pleased to announce that its wholly-owned subsidiary Dosecann LD Inc. (“Dosecann”) has entered into an agreement with GSW Creative Corporation Canada Inc., doing business as […]

The Valens Company Completes Final Step in Rebrand

June 23rd, 2020 - Ryan Allway

KELOWNA, BC, June 22, 2020 /CNW/ – The Valens Company Inc. (formerly Valens GroWorks Corp.) (TSX: VLNS) (OTCQX: VLNCF) (the “Company” or “The Valens Company“), a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products, today announced that it has completed its continuance out of British Columbia and its incorporation under the Canada Business Corporations Act as “The Valens Company Inc.” The common […]

RMMI Corp. Announces Purchase of 136,077 kg of High CBD Hemp Biomass From Clearwater CannGrow

June 23rd, 2020 - Ryan Allway

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./ CALGARY, AB, June 22, 2020 /CNW/ – RMMI Corp. (“RMMI” or the “Company“) (CSE: RMMI), a licensed producer and processor under the Cannabis Act (Canada), is pleased to announce that it has entered into […]

Canopy Rivers’ Portfolio Company Dynaleo Receives Health Canada Licence

June 23rd, 2020 - Ryan Allway

TORONTO, June 22, 2020 /CNW/ – Dynaleo Inc. (“Dynaleo“), the most recent addition to Canopy Rivers Inc.’s (“Canopy Rivers“) (TSX: RIV) (OTC: CNPOF) portfolio of disruptive cannabis companies, has received its Standard Processing Licence from Health Canada. This follows the completion and commissioning of Dynaleo’s 27,000 square foot purpose-built facility, and is a key milestone as it aims to […]

VIVO CANNABIS™ Expands Cultivation and Processing Capacity

June 22nd, 2020 - Ryan Allway

NAPANEE, ON, June 22, 2020 /CNW/ – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) (“VIVO” or the “Company”) today announced its wholly-owned subsidiary, Canna Farms Limited (“Canna Farms”), has received all necessary Health Canada approvals to commence operations in its Phase 5 expansion, and that its wholly-owned subsidiary, ABcann Medicinals Inc. (“NCC”), has begun commercial […]

Namaste Announces CannMart Success with IGNITE International Exclusivity Agreement and Listing of Cannabis 2.0 Products in Alberta and Ontario

June 22nd, 2020 - Ryan Allway

~Continued brand and sales channel expansion for CannMart supports value proposition, new product launches, and revenue growth~ TORONTO, June 22, 2020 /PRNewswire/ – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), a leading platform for cannabis products, accessories, and education, today announced CannMart Inc. (“CannMart”), a wholly owned subsidiary, has […]


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