News


Cannabis Holding Companies Offer Diversification & Growth Potential

June 25th, 2019 - Ryan Allway

Suppose that you want to invest in a portfolio of cannabis companies. You could purchase an exchange-traded fund (ETF) or build your own portfolio by carefully selecting individual publicly-traded companies. While these are good approaches, you’re limited to publicly-traded companies and the valuations they’re assigned by the market. You can’t access privately-held companies at low […]

RYAH Medtech announces CE Mark for its RYAH vaporizer to establish critical plant-based dose measuring and data analytics in the European market

June 24th, 2019 - Ryan Allway

NEW YORK, June 20, 2019 (GLOBE NEWSWIRE) — RYAH Medtech Inc. (“RYAH” or the “Company”), announced today that it has received a CE Mark for its dose measuring and data aggregator vaporizer. The certification is a critical part of RYAH’s expansion strategy in the European region for the RYAH dose-measuring plant-based vaporizer, RYAH proprietary dry […]

Supreme Cannabis to Launch Investment Platform Supreme Heights

June 24th, 2019 - Ryan Allway

Supreme Heights, based in London, UK to pursue investment opportunities in the UK and Europe Targeting investments in differentiated UK & European CBD health and wellness brands TORONTO, June 24, 2019 /PRNewswire/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), today announced the launch of Supreme Heights, an investment platform based in London, UK focused on opportunities […]

Surterra Wellness Closes Acquisition of New England Treatment Access (NETA) Creates Leading U.S. Cannabis Company; Kevin Fisher, Co-Founder of NETA, Joins Surterra as Executive Director of Operations

June 24th, 2019 - Ryan Allway

ATLANTA, June 21, 2019 /PRNewswire/ — Surterra Wellness (Surterra), one of the fastest growing health and wellness companies in the United States (U.S.), today announced the close of its acquisition of Massachusetts-based New England Treatment Access (NETA), a premiere, vertically integrated cannabis company.  The strategic acquisition fortifies Surterra’s operations excellence, executive leadership team, and regional brand […]

Tikum Olam Launches Tikun Hemp

June 24th, 2019 - Ryan Allway

NEW YORK:  Tikun Olam, the global pioneer in cannabis science and medicine, announces the launch of Tikun Hemp™, its first hemp-based product line, available exclusively in the United States. Tikun Hemp offerings include broad-spectrum CBD tinctures, topicals and softgel capsules, all shipped directly to consumers via the Tikun Hemp website. “Tikun’s mission is in its name to “repair […]

Cresco Labs Announces Opening Of VidaCann Dispensaries In Pensacola And Jacksonville

June 24th, 2019 - Ryan Allway

CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today announced the opening of new VidaCann medical cannabis dispensaries in the cities of Pensacola and Jacksonville, Florida. With the opening of the new dispensaries, VidaCann now has 12 […]

Taking A Bite Out of The Cannabis Edibles Market

June 24th, 2019 - Ryan Allway

Cannabis edibles and beverages have more than doubled their share of the overall cannabis market since 2011, according to data from ArcView Market Research and BDS Analytics, with revenue projected to grow from $1 billion in 2017 to $4.1 billion by 2022. Consumer appetite for edibles also appears to be rising as people seek out […]

Flush With Cash, the Name Hemptown Says it All

June 24th, 2019 - Ash Stringer

The cannabis space has gone through some exciting twists and turns in the last decade, including the passage of the U.S. Farm Bill that legalized industrial hemp at the start of 2019. The U.S. was the last industrialized nation to finally de-couple hemp from its cousin cannabis, effectively opening up a national highway for interstate […]

Organigram Receives Health Canada Approval for an Additional 17 Cultivation Rooms in Phase 4A

June 24th, 2019 - Ryan Allway

MONCTON, NB, June 24, 2019 /CNW/ – Organigram Holdings Inc. (TSXV: OGI) (NASDAQ: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce that it has received approval from Health Canada for the licensing of 17 additional cultivation rooms within the Phase 4A/4B perimeter of the […]

Canopy Growth adds substantial production capacity in Canada after receiving licence for new outdoor site

June 24th, 2019 - Ryan Allway

SMITHS FALLS, ON, June 24, 2019 /CNW Telbec/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) is pleased to announce that it has received a new licence from Health Canada permitting it to grow cannabis at an outdoor site in northern Saskatchewan. Hours after receiving the licence, the first cannabis […]

Pasha Brands Announces Acquisition of CBD Therapeutics

June 24th, 2019 - Ryan Allway

VANCOUVER, June 24, 2019 /CNW/ – Pasha Brands Ltd. (“Pasha“) (CSE: CRFT) (OTC:CRFTF), Canada’s largest craft cannabis brands organization, has announced the acquisition of the CBD Therapeutics brand – a leading pre-legalization manufacturer and purveyor of cannabidiol (CBD) product based in British Columbia. Since its inception, CBD Therapeutics has supplied solvent-less full spectrum and isolated CBD formulations […]

Emerald Health Therapeutics Receives Cultivation License for New-Build Organic Cannabis Operation in British Columbia

June 24th, 2019 - Ryan Allway

VANCOUVER, British Columbia, June 24, 2019 (GLOBE NEWSWIRE) — Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF) has received its initial cultivation license from Health Canada for its new organic cannabis growing facility in Metro Vancouver, BC. Tailor-made for Emerald to produce high-quality organic cannabis, the operation comprises two 78,000 square foot greenhouses and […]

National Access Cannabis Corp. Provides Sales Update for Retail Cannabis Operations since Federal Legalization

June 24th, 2019 - Ryan Allway

TORONTO, June 24, 2019 /CNW/ – National Access Cannabis Corp. (“NAC” or “the Company”) (TSXV: META), Canada’s largest cannabis retailer according to provincial licensing statistics, today provided investors with a corporate and retail sales update. The Company is successfully executing on its growth strategy and has achieved over $40 million in retail sales since legalization, […]

FSD Pharma Receives Full “Sale for Medical Purposes” Cannabis License from Health Canada

June 24th, 2019 - Ryan Allway

FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) (“FSD” or the “Company”), announced today that its wholly-owned subsidiary FV Pharma Inc. (“FV Pharma”) has received its Full Sale for Medical Purposes license to sell cannabis under the Cannabis Act (Canada). The license is effective as of June 21, 2019. The latest amendment to the […]

Alkaline Water Moving Into Convenience Store Market with Flavor Infused Alkaline Water

June 24th, 2019 - Ash Stringer

After decades of steady growth as consumers increasingly seek out healthy options for quenching their thirst, bottled water sales finally surpassed carbonated soft drinks in 2016 to become the largest beverage category in the US. The global bottled water market is forecast to surpass $217 billion by 2027 with an annual compounded growth rate of […]

DNA Genetics: A Leader in Cannabis Branding & Licensing

June 24th, 2019 - Ryan Allway

The cannabis industry is projected to reach $146.4 billion by 2025, according to Grand View Research, representing a 34.6% compound annual growth rate. While many companies are focused on cultivation and retail, these business models involve high capital expenditures to produce commoditized products. Investors may be better off looking at companies focused on branding and […]

MJMicro Conference Connecting Cannabis Investors in NYC

June 24th, 2019 - Ryan Allway

There are more than 400 public cannabis companies, and hundreds more are expected to go public over the next 12-18 months, according to Viridian Capital Advisors. With all of this noise in the market, it’s challenging for investors to discern what companies represent the best opportunities, and it’s equally challenging for companies to differentiate themselves. […]

Zenabis Outperforms Design Capacity by 35% in May and Announces 70% Increase in Licensed Annual Cultivation Capacity

June 24th, 2019 - Ryan Allway

VANCOUVER, June 24, 2019 /CNW/ – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company“) is pleased to provide an update on its recent cannabis production figures; facility construction and licensing; hemp cultivation; and Zen Craft Grow. Highlights: Cultivation output in May 2019 was 908 kg of dried cannabis, which represents a 35.1% outperformance relative to design capacity, […]

MediPharm Labs Receives Permits and Ships First Medical Cannabis Concentrate to Australia

June 24th, 2019 - Ryan Allway

TORONTO, June 24, 2019 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSXV: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”), a leader in specialized, research-driven cannabis extraction and cannabinoid isolation, is pleased to announce it successfully completed its first export shipment of medical cannabis concentrate into Australia to AusCann Group Holdings Ltd. Through its […]

Charlotte’s Web Announces 187% Increase in Hemp Acres Planted for 2019

June 23rd, 2019 - Ryan Allway

BOULDER, CO, June 19, 2019 /CNW/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”) (TSX:CWEB, OTCQX:CWBHF), the market leader in hemp CBD extract products, today reported final hemp planting for its 2019 growing season. In order to meet growing demand from consumer and retail channel partners, total acres planted for 2019 has been […]

Innovative Industrial Properties Expands Real Estate Partnership with Green Peak Innovations at Michigan Property

June 23rd, 2019 - Ryan Allway

SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it entered into an amendment of the lease with Green Peak Industries, LLC (also known as Green Peak Innovations, or GPI) at 10070 […]

Canada’s largest pharmacy chain partners with TruTrace Technologies Inc.

June 23rd, 2019 - Ryan Allway

TORONTO, June 17, 2019 /CNW/ – Today at the second annual World Cannabis Congress, Shoppers Drug Mart announced a new initiative with software company, TruTrace Technologies (CSE: TTT)(OTC: BKKSF) (“TruTrace Technologies”), to develop and deploy a blockchain-secured pilot program intended to increase transparency, interoperability and product identification within the medical cannabis industry (the “Pilot Program”). The […]

Aurora Cannabis Prepared for Expansion of Canada’s Cannabis Market

June 21st, 2019 - Ryan Allway

EDMONTON, June 21, 2019 /PRNewswire/ – Aurora Cannabis Inc. (“Aurora” or the “Company”) (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabis worldwide, today announced its plans for the highly-anticipated expansion of the consumer cannabis market into vapes, concentrates, and edibles. The Company is also preparing to launch a national public awareness […]

Innovative Industrial Properties Acquires Michigan Property and Enters Into Long-Term Lease with Emerald Growth Partners

June 21st, 2019 - Ryan Allway

SAN DIEGO Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisition of a property in Harrison, Michigan, which comprises approximately 45,000 square feet of industrial space. The purchase price […]

Canopy Growth Corporation Reports Fourth Quarter and Fiscal 2019 Results With Annual Sales of $226.3M

June 21st, 2019 - Ryan Allway

Achieved annual net revenue growth of 191% to $226.3 million. Generated $140.5 million of gross revenue from new Canadian recreational channel and $78.9 million in global medical sales. Fourth quarter revenue growth of 13% versus third quarter with additional revenue being generated through value-added products, extraction services, and clinic partners. Shipped 24,300 kilograms and kilogram […]

CROP SECURES PROVISIONAL LICENCE FOR A CALIFORNIA RETAIL, SMOKING LOUNGE, AND STATE-WIDE DELIVERY SERVICE IN CATHEDRAL CITY

June 21st, 2019 - Ryan Allway

VANCOUVER, British Columbia, June 21, 2019 (GLOBE NEWSWIRE) — CROP INFRASTRUCTURE CORP. (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) announced today that its Emerald Heights retail brand has secured a provisional licence for a retail, delivery, and smoking lounge in Cathedral City, California, to vertically integrate its California brands. CROP has also retained a local real […]

TransCanna Holdings Inc. Featured in CannabisNewsAudio Broadcast Discussing Ongoing Evolution of Cannabis Industry

June 21st, 2019 - Ryan Allway

NEW YORK, June 21, 2019 (GLOBE NEWSWIRE) — via CannabisNewsAudio — TransCanna Holdings Inc. (CSE:TCAN) (XETR:TH8) announces the availability of an audio press release titled, “Acquisitions Reveal the Steadily Changing Shape of the Cannabis Sector.” To hear the CannabisNewsAudio version, visit: http://cnw.fm/T0d0X. To read the full editorial, visit: http://cnw.fm/G8nPH. The growth of the legal cannabis industry started with a […]

YIELD GROWTH Announces OLCC Approval of 3 Additional Cannabis Products for Distribution in Oregon

June 21st, 2019 - Ryan Allway

Vancouver, British Columbia–(Newsfile Corp. – June 21, 2019) – The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) is pleased to announce that the Oregon Liquor Control Commission (OLCC) yesterday gave final packaging approval for 3 additional Wright & Well cannabis products to be distributed in Oregon, in the United States. Manufacturing will now begin on […]

Vireo Health Expands into Puerto Rico’s Rapidly Growing Medical Cannabis Market

June 20th, 2019 - Ryan Allway

MINNEAPOLIS, June 20, 2019 /PRNewswire/ — Vireo Health International, Inc. (“Vireo” or the “Company”) (CSE: VREO), a leading physician-led, science-focused multi-state cannabis company, today announced the acquisition of medical cannabis licenses in the Commonwealth of Puerto Rico. The acquisition is comprised of pre-approvals for licenses to cultivate, process, and sell cannabis products and operate up to […]

Hemptown Announces Private Placement of Up to CDN$15 Million

June 20th, 2019 - Ryan Allway

VANCOUVER, British Columbia, June 19, 2019 (GLOBE NEWSWIRE) — HEMPTOWN ORGANICS CORP. (“Hemptown” or the “Company“) is pleased to announce the Company has entered into an agreement with Canaccord Genuity Corp. (“Canaccord Genuity”) pursuant to which Canaccord Genuity has agreed to act as lead agent on behalf of a syndicate of investment dealers to be […]


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