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Lev Secures $41.5 Million in Cannabis CRE Financing Across the U.S., Breaking Down Barriers to Federal Loans in the Market

August 17th, 2022 - Ryan Allway

In a highly regulated industry full of red tape, Lev is leading the commercial cannabis boom, helping clients to close quickly with funding from federal institutions   NEW YORK, Aug. 17, 2022 /PRNewswire/ — Lev, the commercial real estate (CRE) financing platform, today announced the completion of over $40 million in cannabis CRE loans across five different sponsors, with an […]

Adastra Expands Market Footprint Through Receipt of Medical Sales License from Health Canada

August 17th, 2022 - Ryan Allway

LANGLEY, BC / ACCESSWIRE / August 17, 2022 / Adastra Holdings Ltd. (CSE:XTRX)(FRA:D2EP) (“Adastra” or the “Company”), a leading cannabis company focused on processing, product development, sales, organoleptic testing and analytical testing, is pleased to announce it has received its Medical Sales License from Health Canada which now authorizes Adastra to sell cannabinoid-containing products that are […]

Cannabis Pioneer Joe Caltabiano Donates $250,000 to Gateway for Cancer ResearchSM to Improve Pediatric Cancer Treatment Options

August 16th, 2022 - Ryan Allway

Gift was inspired by Caltabiano’s experience as a survivor of childhood leukemia CHICAGO (August 16, 2022) —  With a goal to help researchers find a new treatment approach for children fighting cancer recurrence, cannabis industry pioneer Joe Caltabiano has made a transformative gift of $250,000 to Gateway for Cancer ResearchSM (Gateway), a nonprofit organization dedicated […]

Cannabis Global Provides Patent Applications Update – Company Files Response to US Patent Office Relative to Cannabis Nanoparticle Application

August 16th, 2022 - Ryan Allway

LOS ANGELES, CA / ACCESSWIRE / August 16, 2022 / Cannabis Global, Inc. (OTC PINK:CBGL), Cannabis Global, Inc., a licensed Los Angeles-based manufacturer and distributor in the cannabis sector, today provides an update concerning the Company’s patent applications, especially relating to its application to protect inventions and processes for unique cannabis nanoparticles.   Cannabis Global continues […]

Jacksam Corporation Reports Return to Adjusted EBITDA Breakeven in the Second Quarter 2022

August 16th, 2022 - Ryan Allway

Recurring Cartridge Sales Increased 329% to $1.1 Million in the First Half 2022   NEWPORT BEACH, CA / ACCESSWIRE / August 16, 2022 / Jacksam Corporation dba Convectium (OTCQB:JKSM) (“Jacksam” or “Convectium” or the “Company”), a workflow automation Company focused on developing system solutions for the cannabis and CBD industry, today announced financial and operational results […]

Flora Growth Reports H1 2022 Financial Results

August 15th, 2022 - Ryan Allway

H1 2022 revenue increased to ~$15.0 million, up 604% from H1 2021 and 117% from H2 2021, driven by House of Brands Gross Profit increased to ~$7.0 million, up 547% compared to H1 2021 and 363% compared to H2 2021 Company reaffirms its 2022 revenue guidance to range between $35.0 million – $45.0 million, indicating […]

Verano Introduces New Flower and Extract Brand, Savvy, in Seven Core Cannabis Markets

August 15th, 2022 - Ryan Allway

Savvy will launch in September 2022 in Arizona, Florida, Illinois, Massachusetts, Maryland, Nevada and Ohio, with additional launches planned in the future for New Jersey and Pennsylvania Across the Company’s national retail footprint, Savvy products will initially be distributed to approximately 85 Zen Leaf and MÜV dispensaries across seven states   CHICAGO, Aug. 15, 2022 (GLOBE […]

Lotus Announces AGM Results

August 15th, 2022 - Ryan Allway

Vancouver, British Columbia – August 15, 2022 – Lotus Ventures Inc. (CSE: J) (OTC: LTTSF) (“Lotus” or the “Company”), a licensed cannabis producer and wholesaler of premium cannabis in Canada hosted its Annual General Meeting (the “Meeting”) in Vancouver, B.C on Friday, August 12, 2022. The Company is pleased to report that over 88% of votes cast […]

LUFF Completes Acquisition of Licensed Producer and Appoints Herb Dhaliwal to Board

August 15th, 2022 - Ryan Allway

Vancouver, B.C. – Luff Enterprises Ltd., (CSE: LUFF) (“LUFF” or the “Company”) is pleased to announce the completion of its previously announced acquisition of the National Green Biomed group of companies (“NG Biomed”). Based in British Columbia, NG Biomed is a licensed producer of cannabis products for both the recreational and medical consumer markets. This acquisition represents the […]

InterCure Reports Record Breaking Second Quarter Financial Results

August 15th, 2022 - Ryan Allway

Record revenue of over $37 millioni in the second quarter of 2022 Representing an annual run rate of $150 million Adjusted EBITDAii for Q2 increased 90% YoY to $9 million Net income of $6 million for the Q2 of 2022 compared to $2 million in Q2 of 2021 Tenth consecutive quarter of profitable growth Eighth consecutive quarter of positive cash flow from operations $96 million cash on hand Revenue growth expected to continue in the third quarter and throughout 2022     NEW YORK and […]

IM Cannabis Reports Record Second Quarter 2022 Financial Results; Revenues Increase 114% YoY to $23.8 Million

August 15th, 2022 - Ryan Allway

Gross margin of 24%, which is expected to increase with further asset integration, product availability, and operational improvements Approximately $6.5 million per year in expected cash cost savings from streamlining operations in Canada and closure of Israeli cultivation farm   TORONTO and GLIL YAM, Israel, Aug. 15, 2022 /PRNewswire/ — IM Cannabis Corp. (the “Company“, “IM Cannabis“, or “IMC“) (CSE: IMCC) (NASDAQ: IMCC), a […]

Rubicon Organics Reports Second Quarter 2022 Financial Results

August 15th, 2022 - Ryan Allway

Record sales, first quarter of profitability and growing share of premium market $8.8 million in net revenue, 92% increase over Q2 2021 Achieved Adjusted EBITDA1 of $0.3 million in Q2 2022 2.7%2 national market share of flower and pre-rolls 8.6%3 national market share of premium flower and pre-rolls   VANCOUVER, British Columbia, Aug. 15, 2022 (GLOBE NEWSWIRE) — […]

CV Sciences, Inc. Announces Launch of PlusCBD™ Reserve Collection Softgels

August 15th, 2022 - Ryan Allway

PlusCBD™’s latest product leverages CBD and THC to target anxiety and stress   SAN DIEGO, Aug. 15, 2022 /PRNewswire/ — CV Sciences, Inc. (OTCQB: CVSI) (the “Company”, “CV Sciences”, “our”, “us” or “we”), a preeminent consumer wellness company specializing in hemp extracts and other proven, science-backed, natural ingredients and products, today announced the launch of +PlusCBD™Reserve Collection Softgels to […]

Silver Spike Investment Corp. Reports First Quarter Fiscal 2023 Financial Results

August 12th, 2022 - Ryan Allway

Silver Spike Investment Corp. (“Silver Spike” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies, today announced its financial results for the quarter ended June 30, 2022. First Quarter 2023 Highlights1 Total investment […]

Allied Corp Successfully Ships 1728kgs of Colombian-Grown Commercial Cannabis Flower to Switzerland

August 11th, 2022 - Ryan Allway

Allied Corp. (“Allied” or the “Company”) (OTCQB: ALID). As a part of the previously announced export approval of 7100kgs of Colombia-grown cannabis, Allied has today shipped 1728kgs to Switzerland. This will be followed by 1500kgs weekly until the 7100kg threshold is met. On April 01, 2022 Colombia enacted the new legislation allowing for the legal export […]

Aleafia Health Announces $12.0 Million Total Net Revenue in First Quarter, Representing a 13% Increase Over the Prior Year

August 11th, 2022 - Ryan Allway

Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) is pleased to report its financial results for the three months ended June 30, 2022, its first quarter of its fiscal year ending March 31, 2023 (“FY2023”). Branded cannabis net revenue, quarter over quarter, increased 25%: Aleafia Health continued its upward sales growth […]

MariMed’s Nature’s Heritage Brand Sponsors Cultivators Cup, the Leading Cannabis Festival and Awards Competition in Massachusetts

August 11th, 2022 - Ryan Allway

MariMed, Inc. (CSE: MRMD), (OTCQX: MRMD), (“MariMed” or the “Company”), a leading multi-state cannabis operator, today announced its Nature’s Heritage brand of craft flower and concentrates is a Presenting Sponsor of Cultivators Cup, the leading cannabis industry festival and awards competition in Massachusetts. A celebration of cannabis culture and the best cannabis products produced in the state, Cultivators […]

CORRECTING and REPLACING Zoned Properties Reports Second Quarter 2022 Financial Results

August 11th, 2022 - Ryan Allway

Zoned Properties®, Inc. (“Zoned Properties” or the “Company”) (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries, including legalized cannabis, today announced its financial results for the second quarter ended June 30, 2022. “The Zoned Properties team has positioned the Company for national scale and growth, and we continue to […]

MJ Harvest and Cannabis Sativa Announce the Signing of the Definitive Plan of Merger and Reorganization

August 11th, 2022 - Ryan Allway

MJ Harvest, Inc. (“MJHI”) (OTCQB:MJHI) announced that it has entered into a definitive Agreement of Merger and Plan of Reorganization (the “Merger Agreement”) to merge with and into Cannabis Sativa, Inc. (“CBDS” or “Cannabis Sativa”). The Merger Agreement was executed on August 8, 2022, and management expects the merger and reorganization to be completed in […]

Entourage Health Announces Second Quarter 2022 Financial Results Call to be held on August 30, 2022

August 11th, 2022 - Ryan Allway

Entourage Health Corp. (TSX-V:ENTG) (OTCQX:ETRGF) (FSE:4WE) (“Entourage” or the “Company”), a Canadian producer and distributor of award-winning cannabis products announced today it will file its second quarter 2022 financial statements and management’s discussion and analysis after-market on Monday, August 29, 2022. Entourage will host a conference call the following day on Tuesday, August 30, 2022 at 10 […]

Flora Growth Sets First Half 2022 Conference Call for August 15, 2022, at 4:30 p.m. ET

August 10th, 2022 - Ryan Allway

Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, will host its first half 2022 earnings call via webcast on Monday, August 15, 2022, at 4:30 p.m. ET. The Company’s results will be reported in a press release prior to the call. […]

Cannara Biotech Inc. to Host Investor Webcast on August 17th, 2022

August 10th, 2022 - Ryan Allway

MONTREAL, Aug. 10, 2022 /CNW/ – Cannara Biotech Inc. (“Cannara” or the “Company”) (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative products with one of the largest indoor cannabis cultivation facilities in Canada, and the largest in Quebec, today announced that it will host a webcast investor presentation on Wednesday, August 17th, 2022, […]

Tetra Bio-Pharma Announces Positive Preclinical Results of ARDS-003, a Novel Therapeutic for Sepsis and Viral Infections

August 10th, 2022 - Ryan Allway

ARDS-003 is a novel therapeutic for acute systemic inflammation and prevention of acute respiratory distress syndrome (ARDS). ARDS-003 may offer steroid-sparing opportunities. ARDS-003 has demonstrated antiviral properties. ARDS-003 developed as an oral formulation for an immediate release administration.   OTTAWA, ON, Aug. 10, 2022 /PRNewswire/ – Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (TSX: TBP) (OTCQB: TBPMF) (FRA: JAM1), […]

Lowell Farms Inc. Announces Unaudited Second Quarter 2022 Financial and Operational Results

August 9th, 2022 - Ryan Allway

SALINAS, Calif., Aug. 09, 2022 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes, announces unaudited revenue and operating results for the second quarter (ended June 30, 2022). All figures stated are in US Dollars.   Second Quarter Financial Highlights: […]

Village Farms Announces Leli Holland’s Receipt of Final Cultivation License and Majority Ownership of 85% of Leli Holland

August 9th, 2022 - Ryan Allway

– Village Farms Will Contribute to Reshaping the Future of Recreational Cannabis in the Netherlands, the First Major European Country to Permit Large Scale Cultivation and Distribution of Recreational Cannabis –   VANCOUVER, BC, Aug. 9, 2022 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced Leli Holland B.V. (“Leli Holland”) has been granted the tenth and final license […]

Curaleaf Announces Majority Stake and Forms Strategic Partnership with Germany’s Four 20 Pharma, a Fully EU-GMP & GDP Licensed Producer and Distributor of Medical Cannabis

August 9th, 2022 - Ryan Allway

Deal Bolsters Curaleaf Presence and Cements Strategic Advantage in Europe’s Largest Market as Germany Readies for Adult Use   WAKEFIELD, Mass., Aug. 9, 2022 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading U.S. provider of consumer products in cannabis, today announced that Curaleaf International Holdings Limited, the company’s European holding company, has signed […]

22nd Century Group (Nasdaq: XXII) Reports Business Highlights and Financial Results for the Second Quarter 2022

August 9th, 2022 - Ryan Allway

Strong Chicago Pilot Exceeded Expectations, Accelerates VLN® Expansion in Colorado Accretive GVB Biopharma Acquisition Doubles Corporate Revenue and Expands Market Leading Hemp/Cannabis Capabilities Second Quarter Net Sales $14.5 Million, Up 73% from the Second Quarter 2021 Strengthened Balance Sheet with $35 Million Above-Market Equity Offering to Support Accelerated VLN® Expansion   BUFFALO, N.Y., Aug. 09, 2022 (GLOBE […]

Akanda to Supply Cansativa with Premium Indoor Cannabis Flower Grown at its Sintra Facility in Portugal

August 9th, 2022 - Ryan Allway

Agreement generates upfront payment and ongoing revenues, validating the European opportunity for medical cannabis   August 09, 2022 07:00 AM Eastern Daylight Time LONDON–(BUSINESS WIRE)–International medical cannabis platform company Akanda Corp. (“Akanda” or the “Company”) (NASDAQ: AKAN) today announced it has signed a multi-year supply agreement with European medical cannabis leader Cansativa GmbH (“Cansativa Group” […]

Halo Collective Announces Initiatives to Enhance Shareholder Value

August 8th, 2022 - Ryan Allway

TORONTO, Aug. 8, 2022 /CNW/ – Halo Collective Inc. (“Halo” or the “Company”) (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced a series of initiatives intended to enhance shareholder value. These initiatives include: Implementing cost reduction measures over the past two months, which, in aggregate, are expected to provide annualized cash savings of approximately $7.5 million $5.5 million already […]

MariMed Acquires Fifth Adult-Use Dispensary License in Illinois

August 8th, 2022 - Ryan Allway

NORWOOD, Mass., Aug. 08, 2022 (GLOBE NEWSWIRE) — MariMed, Inc   (CSE: MRMD), (OTCQX: MRMD), (“MariMed” or the “Company”), a leading multi-state cannabis operator focused on improving lives every day, today announced it signed a definitive agreement to acquire the ownership interests in a conditional adult-use cannabis dispensary license in Illinois.   The dispensary license is for the […]


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