News


Seth Rogen and Evan Goldberg Launch Houseplant, A Lifestyle Brand Rooted In Cannabis

March 1st, 2021 - Ryan Allway

Houseplant, a lifestyle brand rooted in cannabis founded by Seth Rogen and Evan Goldberg, today announced its launch in the United States. Starting Thursday, March 11, 2021, Houseplant will bring high-quality cannabis and design-led, innovative home goods to the U.S. market. The launch follows the brand’s 2019 entry into the Canadian cannabis market, where Houseplant […]

Next Green Wave Announces 12 Consecutive Months of Profitability

March 1st, 2021 - Ryan Allway

Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) (“Next Green Wave”, “NGW” or the “Company”) is pleased to announce the following operational and financial updates: For each individual month between March 2020 to February 2021, the Company operated with positive cash flow, and achieved both positive Adjusted EBITDA* and positive Net Income (the “Milestones”). […]

Rubicon Organics Announces Closing of $23 Million Bought Deal Offering of Units

March 1st, 2021 - Ryan Allway

Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”) is pleased to announce that it has closed its previously announced bought deal public offering (the “Offering”) of 6,052,631 units of the Company (“Units”) for aggregate gross proceeds of approximately $23 million, including full exercise of the over-allotment option granted to the underwriters […]

Verano Holdings Continues to Solidify Ascendant Footprint Through Several Agreements in Illinois, Pennsylvania and Arizona

March 1st, 2021 - Ryan Allway

Verano Holdings Corp. (CSE: VRNO) (“Verano” or “the Company”), a leading multi-state cannabis company, today announced it has entered into agreements to acquire: one of Illinois’ top-producing dispensaries with the ability to open one additional dispensary in Chicago, three highly productive active dispensaries and a permit for three additional dispensaries in Pennsylvania, as well as […]

Golden Leaf Holdings Announces It Has Entered Into LOI to Acquire Retail Chain

March 1st, 2021 - Ryan Allway

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) (“Golden Leaf,” “GLH” or the “Company”), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, today announces it has signed a non-binding letter of intent to acquire a multistore chain in Northwest Oregon. It is expected that these stores will generate at least […]

MJ Holdings, Inc. Enters Agreement to Acquire Medical and Recreational Cultivation and Production Licenses

March 1st, 2021 - Ryan Allway

MJ Holdings, Inc. (OTC Pink: MJNE ) a diversified holding company, which through its subsidiaries, provides services to the regulated cannabis industry inclusive of cultivation and production management, infrastructure development and sales is pleased to inform shareholders that it has progressed from a Letter of Intent (LOI) to a Membership Interest Purchase Agreement (MIPA3) to […]

Indus Holdings, Inc. Announces the Acquisition of Lowell Herb Co.

March 1st, 2021 - Ryan Allway

Indus Holdings, Inc. (“Indus” or the “Company”) (CSE:INDS; OTCQX: INDXF), a leading, vertically-integrated, California-focused cannabis company, announced the acquisition of substantially all of the assets of the Lowell Herb Co. and Lowell Smokes trademark brands, product portfolio, and production assets from The Hacienda Group effective immediately. Lowell Herb Co. is a leading California cannabis brand […]

UPDATE — Revive Therapeutics Provides Update on FDA Phase 3 Clinical Trial for Bucillamine in COVID-19 with Planned Completion and Emergency Use Authorization Request

February 26th, 2021 - Ryan Allway

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — Revive Therapeutics Ltd. (“Revive” or the “Company”) (CSE: RVV, USA: RVVTF), a specialty life sciences company focused on the research and development of therapeutics for medical needs and rare disorders, is pleased to announce an update on the Company’s U.S. Food & Drug Administration (“FDA”) Phase 3 clinical […]

Verano Holdings Announces C$100 Million Bought Deal Private Placement of Special Warrants

February 25th, 2021 - Ryan Allway

Chicago, IL, Feb. 24, 2021 (GLOBE NEWSWIRE) — Verano Holdings Corp. (“Verano” or the “Company”) (CSE: VRNO) is pleased to announce that it has entered into an agreement with Beacon Securities Limited (“Beacon”) and Canaccord Genuity Corp. (together with Beacon, the “Co-Lead Underwriters”), on behalf of a syndicate of underwriters (together with the Co-Lead Underwriters, the […]

IM Cannabis Common Shares Expected to Begin Trading on NASDAQ on March 1, 2021

February 25th, 2021 - Ryan Allway

IMC has received approval from the NASDAQ Capital Market to list its common shares for trading under the symbol “IMCC” TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / February 25, 2021 / IM Cannabis Corp. (the “Company” or “IMC“) (CSE:IMCC), a multi-country operator (“MCO“) in the medical cannabis sector with operations in Israel and Germany, […]

Coda Signature Announces Funding Round to Support Growth

February 25th, 2021 - Ryan Allway

Current Investors Up Commitment to U.S. Expansion, Product Innovation, and Production Scalability February 24, 2021 10:00 AM Eastern Standard Time DENVER–(BUSINESS WIRE)–Coda Signature, maker of premium, award-winning cannabis-infused gourmet edibles and sensory products, has announced a new funding round to help the company attain its immediate objectives. Led by its current investors, Granite Hall Partners, […]

Cannabix Technologies Develops Version 3.0 of THC Breath Analyzer Device

February 25th, 2021 - Ryan Allway

For immediate release. Vancouver, British Columbia, February 25, 2021: Cannabix Technologies Inc.(CSE: BLO, OTC PINK: BLOZF) (the “Company”)  developer of the Cannabix Marijuana Breathalyzer devices for law enforcement and the workplace, is pleased to report that it has developed the latest version of the THC Breath Analyzer (“THCBA) prototype and portable system for field use. The new system […]

Optimi Health Corp. Completes Oversubscribed $20.7 Million Initial Public Offering, and Announces Listing on the CSE

February 25th, 2021 - Ryan Allway

VANCOUVER, British Columbia, Feb. 25, 2021 (GLOBE NEWSWIRE) — Optimi Health Corp. (CSE: OPTI) (“Optimi” or the “Company”), developers of a vertically integrated functional mushroom brand focused on the health and wellness sector, is pleased to announce the closing of its oversubscribed initial public offering on February 24, 2021 (the “Offering”). Pursuant to the Offering, the Company […]

Acreage Announces Sale of Florida Operations To Red White & Bloom Brands

February 25th, 2021 - Ryan Allway

NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRDF, ACRHF) today announced its subsidiary, High Street Capital Partners, LLC, has entered into a definitive agreement with Red White and Bloom Brands, Inc. (the “Buyer”) (CSE: RWB) (OTCQX: RWBYF), pursuant to which the Buyer will purchase all of the […]

Liberty Health Sciences Shareholders Overwhelmingly Approve Acquisition by Ayr Wellness

February 24th, 2021 - Ryan Allway

TORONTO, Feb. 23, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF, “Ayr” or “the Company”), a leading vertically integrated cannabis multi-state operator, and Liberty Health Sciences Inc. (“Liberty”) are pleased to announce at a special meeting held today, Liberty securityholders voted overwhelmingly in favor of the proposed acquisition of Liberty shares by […]

Australis Completes Definitive Agreement to Acquire 51% Stake in ALPS

February 24th, 2021 - Ryan Allway

Accretive Transaction Delivers Revenues and Positive Contribution to AUSA EBITDA ALPS Business Accelerating – Contracts Signed in Past 5 Weeks for Total North of $5 Million ALPS Core Element in AUSA’s Unique Capital-Light Expansion Strategy Terry Booth to Take the Helm as CEO upon Closing LAS VEGAS, Feb. 24, 2021 /PRNewswire/ – Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) (“AUSA” […]

Core One Labs Finalizes Deal to Acquire Ketamine Infusions Centers of Texas, Entering the US Market for Psychedelic Treatments

February 24th, 2021 - Ryan Allway

VANCOUVER, BC / ACCESSWIRE / February 24, 2021 / Core One Labs Inc. (CSE:COOL)(OTC PINK:CLABF)(Frankfurt:LD62)(WKN:A2P8K3) (the “Company” or “Core One“) a research and technology company focused in life sciences and on bringing psychedelic medicines to market through novel delivery systems and psychedelic assisted psychotherapy is pleased to announce it has entered into a definitive agreement to […]

CannAmerica Signs LOI for Purchase Agreement of Colorado Operator

February 24th, 2021 - Ryan Allway

Vancouver – February 24, 2021 – TheNewswire – CANNAMERICA BRANDS CORP. (“CannAmerica Brands” or the “Company”) (CNSX:CANA.CN) (OTC:CNNXF) is pleased to announce that on February 22, 2021, it had entered into a non-binding letter of intent (“LOI”) for the purchase of its Colorado licensee, Arsenal Oils and Extracts (“Arsenal”). The Company has entered into a non-binding LOI with Arsenal […]

How California is Dominating the Cannabis Brand Landscape

February 24th, 2021 - Ryan Allway

California is well known for its brand dominance—from its Hollywood studios to its Napa Valley wines. As a tastemaker across industries, the state’s cannabis brands are well-positioned to follow in these footsteps and expand across the United States if and when the federal government legalizes cannabis nationwide. At the same time, manufactured products including gummies, […]

Green Thumb Industries Raises US$56,000,000 Selling Approximately 1.6 Million Shares in the U.S.

February 23rd, 2021 - Ryan Allway

CHICAGO and VANCOUVER, British Columbia, Feb. 23, 2021 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb”) (CSE: GTII) (OTCQX: GTBIF), a leading cannabis consumer packaged goods company and owner of Rise™ Dispensaries, today announced that it raised approximately $56,000,000 from the Form S-1 registration statement relating to the potential sale of up to 10,000,000 […]

High Tide Announces Closing of $23 Million Bought Deal Equity Financing, Including Exercise in Full of Over-allotment Option

February 23rd, 2021 - Ryan Allway

CALGARY, AB, Feb. 22, 2021 /CNW/ – High Tide Inc. (“High Tide” or the “Company“) (TSXV: HITI) (OTCQB: HITIF) (FRA:2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce the closing of its previously announced “bought deal” short-form prospectus offering (the “Offering“) of units of the Company (the “Units“), including the […]

IMC Announces Additions to Board to Satisfy NASDAQ Director Independence Requirements

February 23rd, 2021 - Ryan Allway

Brian Schinderle and Haleli Barath appointed as independent directors to IMC Board Appointments represent further steps towards meeting NASDAQ listing requirements TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / February 22, 2021 / IM Cannabis Corp. (the “Company” or “IMC“) (CSE:IMCC), a multi-country operator (“MCO“) in the medical cannabis sector with operations in Israel and […]

Village Farms International Advises that Texas Greenhouse Operations Continue Uninterrupted and Announces Timing of Fourth Quarter and Year End 2020 Conference Call

February 23rd, 2021 - Ryan Allway

– Company to Report Fourth Quarter and Year End Financial Results Via News Release on Tuesday, March 16, 2021 at 7:00 a.m. ET and Host Conference Call the Same Day at 8:30 a.m. ET – VANCOUVER, BC, Feb. 23, 2021 /PRNewswire/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) (TSX: VFF) today advised that operations at its Texas greenhouse facilities have continued uninterrupted […]

Parallel and Ceres Acquisition Corp. Announce Business Combination to Create a Publicly Traded U.S. Cannabis Well-Being Company

February 23rd, 2021 - Ryan Allway

Transaction expected to fuel the growth of Parallel’s U.S. footprint and enhance its mission to pioneer well-being and improve quality of life through cannabinoids Beau Wrigley remaining as Chairman and CEO and Ceres Group Holdings’ Scooter Braun to serve as a Special Advisor Transaction values Parallel at an implied enterprise value of US$1.884 billion1 Investors commit to an over-subscribed US$225 million private […]

FinCanna Increases Private Placement to $2 Million

February 23rd, 2021 - Ryan Allway

VANCOUVER, BC / ACCESSWIRE / February 23, 2021 / FinCanna Capital Corp. (“FinCanna” or the “Company“) (CSE:CALI)(OTCQB:FNNZF) is pleased to announce that following higher than anticipated demand, the Company has increased the size of its previously announced non-brokered private placement financing from $1.5 million to $2 million. FinCanna will now issue up to 16,000,000 Units (the […]

Building the ‘Omnichannel’ of Legal Cannabis in California

February 23rd, 2021 - Ryan Allway

  The cannabis industry is projected to be worth more than $73 billion by 2027, according to Grand View Research, which represents an 18.1% compound annual growth rate. Within this growing market, California generates nearly a third of all cannabis sales in the United States—or roughly the combined sales of Colorado, Washington, and Oregon. While […]

Cannabis 3.0: Investing in Profitability

February 23rd, 2021 - Ryan Allway

If you’ve been following the public cannabis markets for the past decade, you’ve seen a myriad of changes that can be bundled into a few major categories: The Canadian build up, the rise of the US MSO and the race to get profitable.  During the Canadian build up, call it Cannabis 1.0, it was all […]

Big Pharma Dives Into CBD: Who Could Be Next?

February 22nd, 2021 - Robin Lefferts

As many of you know, Jazz Pharmaceuticals plc (NASDAQ: JAZZ) agreed in early February to acquire GW Pharmaceuticals plc (NASDAQ: GWPH) for a total price tag, including cash and shares, of $7.2 billion. GW Pharma is a pioneer in cannabinoid-based medicine, and its cannabidiol (CBD) formulation Epidiolex® is notably the first plant-derived cannabinoid medicine ever […]

Body and Mind Launches “Any Day” Flower Brand

February 22nd, 2021 - Ryan Allway

Expands California Branded Product Portfolio VANCOUVER, BC, Feb. 22, 2021 /CNW/ – Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) (the “Company” or “BaM”), a multi-state operator focused on limited license markets is please to report the launch of its “Any Day” branded flower in California. Any Day flower is a hand-selected, sun-grown artisanal flower cultivated in the Emerald Triangle in […]

Halo Provides Update On 1600 Acre California Farm

February 22nd, 2021 - Ryan Allway

TORONTO, Feb. 19, 2021 /CNW/ – Halo Collective Inc. (“Halo” or the “Company“) (NEO: HALO) (OTCQX: HCANF formerly AGEEF) (Germany: A9KN) is pleased to announce that on February 15, 2021, the Company acquired a 44% ownership interest in Triangle Canna Corp. (“Triangle Canna”) the parent company of Farm Opco (as defined herein).   As previously announced in September 2020, the […]


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