News


Meta Growth announces $10.0 million bought deal offering to expand its retail footprint in Ontario

January 26th, 2020 - Ryan Allway

TORONTO, Jan. 23, 2020 /CNW/ – National Access Cannabis Corp. (TSXV: META) d/b/a Meta Growth (“Meta Growth“, “META” or the “Company“), is pleased to announce that it has entered into an agreement with Echelon Wealth Partners Inc. (“Echelon“), pursuant to which Echelon has agreed to purchase, on a bought deal basis, 45,454,600 units (the “Units“) […]

PharmaCielo Signs Pan-European Distribution Agreement for CBD Isolate and Broad-Spectrum CBD Oil

January 26th, 2020 - Ryan Allway

Company signs a three-year performance-based agreement with CBD Export Global Distribution channel covers the entire EU-zone as well as Switzerland and Lichtenstein Shipments to commence in 2020 with increasing volumes during duration of Agreement TORONTO and RIONEGRO, Colombia, Jan. 24, 2020 /CNW/ – PharmaCielo Ltd. (“PharmaCielo” or the “Company“) (TSXV: PCLO, OTCQX: PCLOF), the Canadian parent of […]

Cresco Labs Announces Signing of Senior Secured Credit Agreement

January 26th, 2020 - Ryan Allway

Initial Drawdown of up to US$100 million expected end of January; Agreement Includes Mutual Option to Increase to up to US$200 million 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, announced today that it has entered into a non-brokered credit agreement […]

Nextleaf Labs Granted Health Canada Cannabis Research Licence

January 24th, 2020 - Ryan Allway

VANCOUVER, Jan. 23, 2020 /CNW/ – Nextleaf Solutions Ltd. (“Nextleaf Solutions“, “OILS“, or the “Company“) (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) announced today that Health Canada has granted Nextleaf Labs Ltd. (“Nextleaf Labs“) a Research Licence under the Cannabis Act. The newly-granted licence allows Nextleaf Labs to conduct a number of research and development (“R&D”) activities, including stability […]

BDS Analytics’ CPI & Cannabis Consumer Sales Report – November 2019

January 24th, 2020 - Ryan Allway

The one-of-a-kind CPI is a benchmark of retail sales pricing across cannabis products in select legalized U.S. markets. The index currently reports sales in Arizona, California, Colorado, Nevada and Oregon— state markets that generated more than 50 percent of the legalized U.S. sales in 2018. Underlying pricing data is the compilation of actual dispensary transactions […]

Supreme Cannabis 2020, A Simple Approach On The Path To Profitability

January 23rd, 2020 - Ryan Allway

Many expect 2020 to go down as the shakeout year for the Canadian cannabis industry; the year where winners will make their way to the top and companies with weak fundamentals will be ruled out. Of the potential winners, The Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) is one Canadian player that stands out with its […]

VIVO Announces Trading Date for TSX Graduation and Provides Cannabis 2.0 Update

January 23rd, 2020 - Ryan Allway

NAPANEE, ON, Jan. 23, 2020 /CNW/ – VIVO Cannabis Inc. (TSXV: VIVO, OTCQX: VVCIF) (“VIVO” or the “Company“) is pleased to announce its common shares (the “Common Shares“) will begin trading on the Toronto Stock Exchange (the “TSX“) effective as of market open on January 24, 2020, under the current trading symbol of VIVO. In conjunction […]

Elixxer Signs Term Sheet for US$12 Million Institutional Loan

January 23rd, 2020 - Ryan Allway

MONTREAL, Jan. 22, 2020 (GLOBE NEWSWIRE) — Elixxer Ltd. (TSX-V: ELXR and OTC-QB: ELXIF) (“ELIXXER” or (the “Company”) has signed an indicative term sheet for a US$12 million convertible loan (the “Loan”) from AD Asset Management LLC (“AD”), a U.S.-based fund management company. Mazen Haddad, Elixxer CEO, stated, “We are very pleased to be working […]

Experion Signs Non-Binding Term Sheet for Up To $8.5 Million Term Loan from Trichome Financial, a Leading Cannabis Focused Institutional Investor

January 23rd, 2020 - Ryan Allway

Debt Funding Targeted at Accelerating Growth and Capacity Expansion Initiatives VANCOUVER, BC / ACCESSWIRE / January 22, 2020 / Experion Holdings Ltd. (the “Company” or “Experion”) (TSXV:EXP)(OTCQB:EXPFF)(FRANKFURT:MB31) is pleased to announce that it has signed a non-binding term sheet (the “Term Sheet”) to receive up to $8.5 million in the form of a senior secured […]

Lexaria Bioscience Corp. and Cannadips Cannabis Announce Expanded Relationship Into Cannabis Oral Pouch & Dip Category

January 23rd, 2020 - Ryan Allway

Lexaria Bioscience Corp. (CSE:LXX, OTCQX:LXRP) (the “Company” or “Lexaria”), a global innovator in drug delivery platforms, announces that it has reached a new definitive agreement to provide its patented DehydraTECHTM technology to Cannadips’ cannabis products, both in its current California market, and across all of the US. Cannadips Cannabis Tins are currently sold in California formulated […]

CannaTrac Aims to Become the Go-To Payment Solution for Cannabis

January 23rd, 2020 - Ryan Allway

The legal cannabis industry is projected to grow from $12.4 billion in 2019 to $23 billion by 2025, according to New Frontier Data, driven by the liberalization of medical and adult-use laws around the country. While federal regulations have started to catch up, the industry continues to struggle with a lack of access to the […]

Yield Growth Announces 4.5/5 Star Consumer Rating for Urban Juve with over 15,000 Reviews Posted on IPSY.com

January 23rd, 2020 - Ryan Allway

Vancouver, British Columbia–(Newsfile Corp. – January 23, 2020) – The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) subsidiary Urban Juve’s marketing and sales alliance with beauty commerce giant IPSY put Urban Juve’s hemp infused lip balm in hundreds of thousands of IPSY Glam Bags delivered to targeted consumers in the U.S. this month. The campaign […]

1933 Industries Provides an Update on its Nevada Hemp Processing Facility

January 22nd, 2020 - Ryan Allway

The facility will position the Company as a market leader in one of the fastest growing segments in the cannabis industry  VANCOUVER, Jan. 22, 2020 /CNW/ – 1933 Industries Inc. (the “Company” or “1933 Industries”) (CSE: TGIF) (OTCQX: TGIFF), a vertically-integrated and growth-orientated cannabis consumer packaged goods company, is pleased to provide a progress update […]

Hemp for Health Signs LOI for 10% of Established Distribution Firm

January 22nd, 2020 - Ryan Allway

Vancouver, British Columbia–(Newsfile Corp. – January 22, 2020) – HEMP FOR HEALTH INC. (CSE: HFH) (“HFH” or the “Company”), a cultivator and distributor of premium “Made in Tuscany” CBD products, is pleased to announce it has signed a Letter of Intent (“LOI”) for a 10% interest in a European distribution company. “We have signed a […]

CFN Media Exclusive Interview with General Cannabis Corp and Hälsa Holdings

January 21st, 2020 - Ryan Allway

CFN Media sat down with General Cannabis Corp (OTCQX: CANN) CEO Steve Gutterman and Hälsa Holdings CEO Chris Colón last week to discuss the joining of the two companies, plans for growth, and the acquisition strategy for General Cannabis in the maturing cannabis industry. Click the video image below to see the interview in our […]

CannaTrac® Announces Gifting Booth in Partnership with GBK During the 2020 GRAMMY Awards

January 21st, 2020 - Ryan Allway

Chicago, IL, Jan. 21, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — CannaTrac® Technology, Inc. (“CannaTrac” or “the Company”), the leading cashless payment solution for the cannabis and hemp industries, today announced a gifting booth in partnership with GBK and In-Stand Media to take place from Thursday, January 23 until Sunday, January 26 to celebrate the 2020 GRAMMY […]

Indiva Closes Final Tranche of Its Unsecured Convertible Debenture Offering

January 21st, 2020 - Ryan Allway

LONDON, Ontario, Jan. 20, 2020 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce that further to its news release dated December 9, 2019, and December 23, 2019, it has closed the second and final tranche of its non-brokered private placement of unsecured convertible debentures (the “Debentures”) in the […]

Weekend Unlimited Partners with True North Cannabis, Announces Name Change and Consolidation

January 21st, 2020 - Ryan Allway

True North Cannabis Partnership to Maximize Northern Lights Organics Farm Operations and Revenues, Capital Structure Now in Place to Raise Funds Necessary to Realize Full Potential of Assets and Fund Future Acquisitions VANCOUVER, BC / ACCESSWIRE / January 20, 2020 / Weekend Unlimited Inc. (“Weekend” or the “Company”) (CSE:POT)(FSE:0OS1)(OTCQB:WKULF) announces a key partnership with True […]

Pyxus’ Indirect Subsidiary FIGR Expands Cannabis Product Line

January 21st, 2020 - Ryan Allway

MORRISVILLE, N.C. , Jan. 20, 2020 /CNW/ — Pyxus International, Inc. (PYX), a global value-added agricultural company, is pleased to announce that its wholly-owned indirect subsidiary Figr Brands, Inc. has launched a line of THC vape products in the Canadian marketplace. The line includes a vaping device and pods designed exclusively for the device. The launch of […]

Large Psilocybin Clinical Trial Paves the Way for Guided Sessions

January 21st, 2020 - Ryan Allway

Psilocybin, popularly known as “magic mushrooms”, is a psychedelic drug with hallucinogenic properties. While it was studied during the 1960s for the treatment of several medical conditions, the Drug Enforcement Agency (DEA) labeled it a Schedule I Controlled Substance in 1970 and clinical research came to a grinding halt due to the War on Drugs. […]

YIELD GROWTH Subsidiary Flourish Mushroom Labs Signs LOI to Purchase Interest in Translational Life Sciences Inc.

January 21st, 2020 - Ryan Allway

Vancouver, British Columbia–(Newsfile Corp. – January 21, 2020) – The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) announces its subsidiary Flourish Mushroom Labs Inc. has entered into an agreement to acquire approximately 18% of the outstanding stock of Translational Life Sciences Inc. (“TLS”). Flourish Mushroom Labs To view an enhanced version of this […]

Cannafornia strikes deal for Florida Super License, has opportunity to become one of 22 Florida Licensees

January 20th, 2020 - Ryan Allway

SALINAS, Calif. (PRWEB) January 15, 2020 CEO of Cannafornia, Paul King, told us earlier today, “Cannafornia has made a name for itself in the most competitive market in the world, California, where there are over 6,000 active licensees, and a long history of illicit growing and selling. Despite all the challenges, Cannafornia has emerged as […]

TerrAscend Awarded Permit to Cultivate by New Jersey Department of Health

January 20th, 2020 - Ryan Allway

Cultivation to Commence Immediately TORONTO, Jan. 16, 2020 /CNW/ – TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) (“TerrAscend” or “the Company”), the first and only global cannabis company licensed for sales in Canada, the U.S., and the EU, today announced that TerrAscend NJ, LLC (“TerrAscend NJ”) has been issued a permit to cultivate medical marijuana by the […]

WeedMD Subsidiary Starseed Medicinal Signs LiUNA’s London, Ontario Local to Medical Cannabis Program

January 20th, 2020 - Ryan Allway

Starseed is now the preferred medical cannabis supplier to five LiUNA Locals including London Local 1059’s 4,000 members through their health benefit plan Toronto, Canada, January 16, 2020 – WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce that its newly-acquired subsidiary Starseed […]

PharmaCielo Receives Acceptance from TSX Venture Exchange of Supply Agreement for Export of 2018 Farm Bill Compliant CBD Isolate to United States

January 20th, 2020 - Ryan Allway

TORONTO , Jan. 17, 2020 /CNW/ – PharmaCielo Ltd. (“PharmaCielo” or the “Company“) (TSXV: PCLO, OTCQX: PCLOF), the Canadian parent of Colombia’s premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., announced that further to its September 25, 2019 press release relating to a supply agreement (the “Supply Agreement”) it has received TSX […]

Cansortium Restructures Approximately $25.0 Million of Near-Term Obligations, Significantly Improving Balance Sheet and Available Free Cash Flow to Fund Growth

January 20th, 2020 - Ryan Allway

SPECIAL COMMITTEE OF THE BOARD OF DIRECTORS CONTINUESPROGRESS TOWARD REPOSITIONING COMPANY MIAMI, Jan. 17, 2020 /CNW/ – Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”) today announced that the Company has amended the terms of its existing $12.9 million Promissory Note due December 1, 2020 (the “Amended Note”) and simultaneously satisfied its other obligations due […]

Chemesis International Inc. Announces Private Placement of up to $5,000,000

January 20th, 2020 - Ryan Allway

VANCOUVER, BC / ACCESSWIRE / January 20, 2020 / Chemesis International Inc. (CSE:CSI) (OTCQB:CADMF) (FRA:CWAA) (the “Company” or “Chemesis“), is pleased to announce a non-brokered private placement (the “Offering“) of up to $5,000,000 or up to 16,393,442 units (the “Units“). Each Unit will be comprised of one common share and one common share purchase warrant […]

Xtraction Services Enters Into Leasing Agreement With Lehua, a Licensed Cannabis Processor Specializing in THC-Infused Beverages

January 20th, 2020 - Ryan Allway

Xtraction Services Holding Corp. (“Xtraction Services,” “XS” or the “Company”) (CSE:XS) (OTCQB:XSHLF), a specialty finance company engaged in equipment leasing in the United States, announced today entering into a Lease Agreement (the “Agreement’) with Lehua Group USA, LLC (“Lehua”), a multi-state, licensed cannabis processor specializing in THC-infused beverages. Lehua has been approved for an equipment […]

Curaleaf Holdings, Inc. Announces Upsizing and Closing of $300 Million Senior Secured Term Loan Facility

January 19th, 2020 - Ryan Allway

Deal Strengthens Curaleaf’s Balance Sheet and Liquidity WAKEFIELD, Mass., Jan. 15, 2020 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced the upsizing and closing of a Senior Secured Term Loan Facility (the “Facility”) from a syndicate of lenders totaling US$300 million. The […]

HEXO Corp Announces US$20.0 Million Registered Direct Offering

January 19th, 2020 - Ryan Allway

OTTAWA, Jan. 17, 2020 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced it has entered into a definitive agreement with institutional investors for the purchase and sale of 11,976,048 common shares at an offering price of US$1.67 per share for gross proceeds of US$20.0 million before deducting fees and […]


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