News


Aurora Cannabis Announces Financial Results for the Second Quarter of Fiscal 2019

February 18th, 2019 - Ryan Allway

EDMONTON, Feb. 11, 2019 /PRNewswire/ – Aurora Cannabis Inc. (the “Company” or “Aurora“) (NYSE: ACB) (TSX: ACB) (Frankfurt: 21P; WKN: A1C4WM), announced today its financial and operational results for the second quarter ended December 31st, 2018. Q2 2019 Financial and Operations Highlights ($ thousands) Q2 2019 Q1 2019 % Change Q2 2018 % Change Financial Results […]

HEXO Corp. enters into $65 million bank debt facility

February 18th, 2019 - Ryan Allway

GATINEAU, Quebec, Feb. 15, 2019 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO” or the “Company”) (TSX: HEXO; NYSE-A: HEXO) is pleased to announce it has entered into a syndicated credit facility with Canadian Imperial Bank of Commerce (“CIBC”), as Sole Bookrunner, Co-Lead Arranger and Administrative Agent and Bank of Montreal as Co-Lead Arranger and Syndication Agent […]

Barneys New York To Launch “The High End” Luxury Cannabis Lifestyle Shop in Beverly Hills Flagship and Barneys.com

February 18th, 2019 - Ryan Allway

NEW YORK, Feb. 11, 2019 /PRNewswire/ — Barneys New York, the luxury specialty retailer, today announced that it will open “The High End”, making it the first major retailer to launch a luxury cannabis lifestyle and wellness concept shop. The High End will open in Barneys New York’s Beverly Hills flagship in March, featuring an exclusive […]

Amedisys Set to Join S&P MidCap 400; Innovative Industrial Properties to Join S&P SmallCap 600

February 18th, 2019 - Ryan Allway

NEW YORK, February 14, 2019: S&P SmallCap 600 constituent Amedisys Inc. (NASD: AMED) will replace Aspen Insurance Holdings Ltd. (NYSE: AHL) in the S&P MidCap 400, and Innovative Industrial Properties Inc. (NYSE: IIPR) will replace Amedisys in the S&P SmallCap 600 effective prior to the open of trading on Thursday, February 21. Apollo Global Management […]

S&P 600 SmallCap Index to Add Cannabis REIT

February 18th, 2019 - Ryan Allway

In what is a first for the cannabis industry, Standard & Poors will be adding cannabis REIT Innovative Industrial Properties (NYSE:IIPR) to the 600 SmallCap Index next week. IIPR will replace existing index member Amedisys, which is being moved up to the S&P  MidCap 400 Index: The index, which was introduced in 1994, is designed to […]

Creso Pharma is Granted “License to Cultivate” cannabis at its State-of-the-Art Windsor Nova Scotia “Mernova Medical” facility

February 18th, 2019 - Ryan Allway

ASX Announcement 18 February 2019 –  The granting of a license to cultivate at Creso’s “Mernova Medical” facility in Nova Scotia, Canada makes Creso the only ASX listed company that has 100% ownership of a Canadian licensed producer  Importantly, as a holder of a cultivation licence, Mernova Medical is permitted to sell and […]

Sunniva Estimates Over USD $55 Million Revenue in 2019 From Sunniva Branded Products in California and Secures Additional USD $4.0 Million in Purchase Orders

February 15th, 2019 - Ryan Allway

VANCOUVER, British Columbia, Feb. 14, 2019 (GLOBE NEWSWIRE) — Sunniva Inc. (“Sunniva”, the “Company”, “we”, “our” or “us”) (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, is pleased to announce that they have secured an additional USD $4.0 million in purchase orders from select retail dispensaries in southern California for Sunniva branded […]

Canopy Growth Corporation Reports Third Quarter Fiscal 2019 Financial Results: Gross Sales of $98M; Net Revenue hits record $83M

February 15th, 2019 - Ryan Allway

SMITHS FALLS, ON, Feb. 14, 2019 /PRNewswire/ – Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) (“Canopy Growth” or “the Company”) today released its consolidated financial results for the third quarter fiscal 2019 ended December 31, 2018.  All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. Third Quarter Fiscal 2019 […]

Sundial selected to supply Saskatchewan Cannabis Retailers

February 15th, 2019 - Ryan Allway

CALGARY, Feb. 14, 2019 /CNW/ – Sundial Growers Inc. (Sundial) is proud to announce that it has been cleared by the Saskatchewan Liquor and Gaming Authority (“SLGA”) to supply cannabis to Saskatchewan Retail and Wholesale Permit Holders. Sundial will start supplying cannabis products to retailers in the province this year. “As part of our overarching strategy […]

MPX International Announces US$15 Million Private Placement of Units

February 15th, 2019 - Ryan Allway

TORONTO, Feb. 14, 2019 (GLOBE NEWSWIRE) — MPX International Corporation (“MPX International” or the “Company”) (CSE:MPXI) intends to raise up to C$20 million (approximately US$15 million) in a non-brokered private placement offering of up to 41,666,666 units (the “Units”) of the Company at a price of C$0.48 per Unit. Each Unit will consist of one […]

Harvest Health & Recreation Agrees to Acquire California’s Falcon International Corp.

February 15th, 2019 - Ryan Allway

PHOENIX–(BUSINESS WIRE)–Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company with one of the largest footprints in the U.S., announced a definitive agreement to acquire Falcon International Corp. (“Falcon”), a California cannabis company and leader in cultivation, manufacturing, wholesale distribution and brand development, for a non-material undisclosed amount of stock. […]

Isodiol International Inc. Acquires CBD Naturals® Consumer Brands, Expands Consumer Package Goods Portfolio and Receives Strategic Funding to Expand U.S. Retail Footprint

February 15th, 2019 - Ryan Allway

VANCOUVER, British Columbia, Feb. 14, 2019 (GLOBE NEWSWIRE) — Isodiol International Inc. (CSE: ISOL) (OTCQB:ISOLF) (FSE: LB6B.F) (the “Company” or “Isodiol”) today announced the acquisition of the CBD Naturals® beverage brands and intellectual property portfolio, including Hemp Rain, Rasa, Bliss Me, Fast CBD, and Simplex in a deal that includes additional financing from the Company’s founder, Jared Berry, to be […]

TILT Holdings Reports Preliminary Consolidated Revenue for January 2019 and Fiscal Year 2018

February 15th, 2019 - Ryan Allway

CAMBRIDGE, Mass.–(BUSINESS WIRE)–TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTC: SVVTF) today announced preliminary and unaudited pro forma January 2019 gross revenue of US$18.3 million(1). This compares favorably to the Company’s unaudited pro forma 2018 annual gross revenue of US$97.3 million(2). Gross margins for January were 16% given the early stages of business […]

Helix TCS, Inc. to Webcast Live at VirtualInvestorConferences.com February 20th

February 15th, 2019 - Ryan Allway

Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com DENVER, Feb. 15, 2019 /PRNewswire/ — Helix TCS, Inc. (OTCQB: HLIX), based in Denver, Colorado focused on critical infrastructure services to the legal cannabis industry, today announced that Zachary L. Venegas, Executive Chairman and CEO, will present […]

BNN Bloomberg Identifies Indiva as Rapidly Growing in the Cannabis Sector

February 15th, 2019 - Ryan Allway

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ LONDON, ON, Feb. 15, 2019 /CNW/ – Indiva Limited (the “Company” or “Indiva“) (TSX:NDVA) (US:NDVAF):  On BNN Bloomberg this Saturday February 16 and Sunday February 17, 2019 – BTV- Business Television visits five distinctive companies in the rapidly growing cannabis sector. […]

3 Sixty Risk Solutions Commences Trading on the Frankfurt Stock Exchange

February 15th, 2019 - Ryan Allway

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ ALMONTE, ON, Feb. 15, 2019 /CNW/ – 3 Sixty Risk Solutions Ltd. (“3 Sixty” or the “Company“) (CSE: SAFE) (FSE: 62P2), which operates through its wholly-owned subsidiary, 3 Sixty Secure Corp., is pleased to announce that it has commenced trading […]

Aleafia Health Announces new President of Clinic Operations

February 15th, 2019 - Ryan Allway

White to Lead Integration of Canabo Medical Clinics and GrowWise Health Post-closing of Emblem Acquisition Previously the COO of Canada’s Largest Multidisciplinary Clinic Network TORONTO, Feb. 15, 2019 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSXV: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”), has named private healthcare executive Keith White as the Company’s […]

Yield Growth Announces DTC Eligibility

February 15th, 2019 - Ryan Allway

VANCOUVER, British Columbia, Feb. 15, 2019 (GLOBE NEWSWIRE) — The Yield Growth Corp. (CSE:BOSS) (OTCQB:BOSQF) (Frankfurt:YG3) is pleased to announce that its shares have received The Depository Trust Company (“DTC”) full service eligibility in the United States. The Company’s identifier in the United States is “BOSQF”. DTC settlement services provide a more efficient and lower […]

Crop Receives 2019 Production and Extraction Licenses for Its 2,115 Acre Nevada Hemp Operations

February 14th, 2019 - Ryan Allway

VANCOUVER, British Columbia, Feb. 14, 2019 /CNW/ — CROP INFRASTRUCTURE CORP. (CSE: CROP) (OTC: CRXPF) (Frankfurt: 2FR) announced today that its 49% owned subsidiary, Elite Ventures (“Elite”) reported that Hempire, the company’s Nevada tenant, has been issued with a 2019 hemp handler, hemp nursery and hemp grower licenses covering 1,350 irrigated acres on its 2,115 acres of owned or leased CBD focused lands. A hemp handler is […]

Cannabis-Impaired Driving on the Rise: What Is the Solution?

February 14th, 2019 - Robin Lefferts

Legal cannabis, whether medical or recreational, is now available to millions more consumers throughout North America than it was even two years ago. While public opinion polls show widespread support for legalization, its effect on public safety is being questioned by a growing segment of public health officials. The most obvious point of concern surrounds […]

Valens Increases Extraction Capacity Significantly to 240,000KG

February 14th, 2019 - Ryan Allway

New Capacity Makes Valens the Largest Third-Party Extraction Company in Canada KELOWNA, BC, Feb. 13, 2019 /PRNewswire/ – Valens GroWorks Corp. (CSE: VGW, OTC: VGWCF) (the “Company” or “Valens“), a multi-licensed, vertically integrated provider of cannabis products and services focused on various proprietary extraction methodologies, distillation, cannabinoid isolation and purification, as well as associated quality testing, is pleased to announce […]

High Tide Announces the Opening of its Eighth Canna Cabana Store

February 14th, 2019 - Ryan Allway

CALGARY, Feb. 14, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (Frankfurt:2LY), an Alberta-based downstream cannabis corporation focused on the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced that it has opened its eighth Canna Cabana retail store, which is located at Unit #116, 5305 Magasin Avenue […]

Volero Brands Announces $5 Million Private Placement Offering of Common Shares

February 14th, 2019 - Ryan Allway

VANCOUVER, B.C., Feb. 12, 2019 (GLOBE NEWSWIRE) — Volero Brands Inc. (“Volero” or the “Company”) is pleased to announce that it has entered into an agreement (the “Agreement”) with Mackie Research Capital Corporation (the “Agent”) who has agreed to sell, on a “best efforts” private placement basis, up to 10,000,000 Class A common shares in […]

Flower One and CannAmerica Brands Enter Long-Term Licensing Agreement to Meet Demand for Cannabis Edibles in Nevada

February 14th, 2019 - Ryan Allway

TORONTO, Feb. 14, 2019 /CNW/ – Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQB: FLOOF) is pleased to announce a new long-term licensing agreement and brand partnership with CannAmerica Brands Corp. (“CannAmerica Brands”) (CSE: CANA) (OTCQB: CNNXF) for cannabis-product fulfillment in Nevada. CannAmerica Brands is a Colorado-based, marine-veteran-founded cannabis brand known […]

Harvest One Cannabis Signs Validation Testing Program Agreement with BLOCKStrain Technology

February 14th, 2019 - Ryan Allway

VANCOUVER, Feb. 14, 2019 /CNW/ – BLOCKStrain Technology Corp. (TSX:V: DNAX) (OTC:  BKKSF) (“BLOCKStrain“), creator of the first Blockchain-secured, fully-integrated IP tracking platform for the cannabis industry, today announced that Harvest One Cannabis Inc. (TSX:V: HVT) (OTCQX: HRVOF) (“Harvest One“), a Canadian licensed producer of medical cannabis, will employ BLOCKStrain’s proprietary genome tracking software to collect […]

Up Cannabis to launch first Experiential Hub in Ontario Market

February 14th, 2019 - Ryan Allway

TORONTO, Feb. 13, 2019 /CNW/ – Newstrike Brands Ltd. (TSX-V:HIP) (“Newstrike” or the “Company“), and its wholly-owned subsidiary, Up Cannabis Inc. (“Up Cannabis”), are pleased to announce that an Up Cannabis “Experiential Hub” will be featured prominently in Ontario’s first Spiritleaf store, expected to be located in Kingston, Ontario, in connection with a retail agreement entered […]

Origin House Subsidiary Trichome Financial Corp Announces Launch of Financing in Connection with Go-Public Transaction and Provides Corporate Update

February 14th, 2019 - Ryan Allway

Toronto, Canada – February 14, 2019 – Trichome Financial Corp. (“Trichome” or the “Company”) is pleased to announce the launch of a non-brokered private placement of subscription receipts (the “Financing”) in connection with its reverse take-over of 22 Capital Corp (TSXV: LFC.P) (“22 Capital”). Trichome intends to use the proceeds of the Financing to fund the […]

Sunniva Announces Completion of $15 Million Convertible Debenture Financing

February 14th, 2019 - Ryan Allway

VANCOUVER, British Columbia, Feb. 13, 2019 (GLOBE NEWSWIRE) — Sunniva Inc. (“Sunniva”, the “Company”, “we”, “our” or “us”) (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, is pleased to announce the completion of the previously announced non-brokered offering (the “Financing”) of convertible debentures (“Convertible Debentures”).  The originally announced $10 million Financing was […]

LiveWell and Vitality Provide Production Update at its Eureka Facility

February 14th, 2019 - Ryan Allway

OTTAWA, ONTARIO, Feb. 13, 2019 (GLOBE NEWSWIRE) — LiveWell Canada Inc. (“LiveWell” or the “Company“), (CSE: LVWL), and Vitality CBD Natural Health Products Inc., today announced a production update at its Eureka, Montana facility. Vitality made significant progress on its production capacity during the month of January, culminating in production of more than 200 kilograms […]

Tidal Royalty strikes deal with MichiCann to launch new U.S. cannabis player

February 14th, 2019 - Ryan Allway

Tidal Royalty Inc. (RLTYu.CD) signed a letter of intent to merge with MichiCann Medical Inc., a privately-held cannabis retailer and producer, in a deal that would create a major U.S. multi-state operator worth an estimated US$800 million. The deal, to be announced Thursday morning, will combine Toronto-based Tidal Royalty’s cannabis portfolio assets in several U.S. […]


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