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Flora Growth Appoints Cannabis Regulatory Veteran Holly Bell as Vice President of Regulatory Affairs

May 16th, 2022 - Ryan Allway

FORT LAUDERDALE, Fla. & TORONTO, May 16, 2022–(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today the appointment of regulatory veteran Holly Bell as Vice President of Regulatory Affairs. Bell will play a critical role in Flora’s domestic and […]

Adastra Holdings Announces New Director

May 16th, 2022 - Ryan Allway

LANGLEY, BC, May 16, 2022 /CNW/ – Adastra Holdings Ltd. (CSE: XTRX) (FRA: D2EP) (“Adastra” or the “Company”), a Health Canada Licensed cannabis company focused on processing, sales, organoleptic testing, and analytical testing, is pleased to announce the appointment of Smoke Wallin to the Company’s board of directors.   Adastra Holdings brand ticker (CNW Group/Adastra Holdings Ltd.) […]

New Independent Study Correlates THC in Breath and Blood using Cannabix Technology

May 16th, 2022 - Ryan Allway

The legalization of cannabis promises to solve many of society’s problems and unlock new economic opportunities. However, the move also creates new challenges for law enforcement. For instance, studies suggest that cannabis may acutely impair several driving-related skills in a dose-related fashion, but there’s no easy roadside test available. Cannabix Technologies Inc. (CSE: BLO) (OTC: […]

OMID Posts First-Quarter 2022 Financial Statements

May 13th, 2022 - Ryan Allway

Phillipsburg, NJ , May 13, 2022 (GLOBE NEWSWIRE) — Today, OMID Holdings, Inc. (OTC Pink: OMID) posted its Unaudited Financial & Disclosure Statements for the Three Months Ended March 31, 2022. During the period, OMID realized record first-quarter revenue; some notable financial highlights are further detailed below.   Highlighted Operating Results for the First Quarter […]

Farmhouse Announces Partnership With Urbana to Feature Bored Ape Yacht Club #2186 Strain

May 13th, 2022 - Ryan Allway

SAN FRANCISCO, May 13, 2022 /PRNewswire/ — Farmhouse Inc. (OTCQB: FMHS) (the “Company”) announced today a partnership with Urbana to place the “Oro Blanco” Bored Ape Yacht Club (BAYC) #2186 strain on shelves at both San Francisco locations: 4811 Geary Blvd. and 33 29th Street.   The partnership is part of the Company’s expansion strategy that connects the NFT […]

PODA Announces Multiparty Sale of Intellectual Property Assets for US$100.5 Million

May 13th, 2022 - Ryan Allway

PODA to receive US$55,275,000 and anticipates making a distribution equal to approximately CDN$0.40 per subordinate voting share and CDN$400 per multiple voting share   VANCOUVER, BC, May 13, 2022 /PRNewswire/ – PODA HOLDINGS, INC. (“PODA” or the “Company”) (CSE: PODA) (‎FSE: 99L) (OTC: PODAF) is pleased to announce that, together with Ryan Selby and Ryan Karkairan (the ‎‎”Owners“), it has entered into a definitive agreement dated May 13, […]

Harvest One Announces Supply Agreement with Canopy Growth’s Spectrum Therapeutics’ Online Medical Store

May 13th, 2022 - Ryan Allway

Products to be Supplied via an Extension of the Company’s Licensing Agreement with The Valens Company   Vancouver, British Columbia–(Newsfile Corp. – May 13, 2022) – Harvest One Cannabis Inc. (TSXV: HVT) (OTCQB: HRVOF) (“Harvest One” or the “Company“), a CPG leader uniquely positioned in both the OTC non-infused and licensed cannabis-infused space with a […]

Eden Empire Inc. Signs Strategic Partnership Agreement With WeCannCA to Expand & Procure Licensees in the U.S.

May 12th, 2022 - Ryan Allway

  VANCOUVER, British Columbia, May 12, 2022 (GLOBE NEWSWIRE) — Eden Empire Inc. (CSE: EDEN) (the “Company” or “Eden Empire” or “EDEN”) is pleased to announce singing a strategic consulting agreement partnership with WeCannCA located out of California.   WeCannCA is a full-service cannabis consulting firm committed to resourcing, supporting and advancing the cannabis industry […]

MariMed Strengthens Executive Leadership Team To Support Accelerated Long-Term Growth

May 12th, 2022 - Ryan Allway

Jon Levine Elevated to Chief Administration Officer Susan Villare Appointed Chief Financial Officer   NORWOOD, Mass., May 12, 2022 (GLOBE NEWSWIRE) — MariMed Inc. (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator focused on improving lives every day, today announced the appointment of Jon Levine to the new role of Chief Administration […]

Skye Bioscience Signs Arrangement Agreement with Emerald Health Therapeutics

May 12th, 2022 - Ryan Allway

Arrangement is expected to fund Skye’s proprietary synthetic cannabinoid-derivative therapeutic initially targeting glaucoma for first Phase 2 clinical study planned to start later in 2022Preclinical studies have demonstrated potential advantages of Skye’s unique, patent protected therapeutic drug, SBI-100 Ophthalmic Emulsion, compared to the standard of care     San Diego, California, May 12, 2022 (GLOBE NEWSWIRE) — Skye […]

Cannaverse Technologies Launches Cannaland™ World’s First Cannabis Metaverse

May 12th, 2022 - Ryan Allway

Cannaland™ provides businesses and Brands with the ability to globally scale and monetize   NASSAU, Bahamas, May 12, 2022 /PRNewswire/ — Cannaverse Technologies (“Cannaversetech™”), the pioneering cannabis Metaverse platform that assists companies entering the new Web3 and the Metaverse, announces the launch of the world’s first cannabis focused Metaverse, Cannaland™, connecting every facet of the cannabis and hemp communities, revolutionizing […]

Jones Soda Expands Core Bottled Soda Business to Alternative Channels

May 12th, 2022 - Ryan Allway

– New Placements Include TJ Maxx/Marshalls/HomeGoods, Dollar Tree, World Market & More –   SEATTLE, May 12, 2022 /PRNewswire/ — Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) (“Jones” or the “Company”), the original craft soda known for its unconventional flavors and user-submitted photo labels, today announced new distribution agreements that are expanding the company’s retail footprint beyond conventional grocery channels. […]

Flora Growth Establishes On-the-Ground Presence in UK and EU

May 12th, 2022 - Ryan Allway

Flora wellness brand, JustCBD has opened a new office in London to service the United Kingdom and EU distribution of Flora’s branded portfolio products Flora will expand its footprint in the European market through a brick-and-mortar JustCBD outpost in Prague and partner with Hoshi to distribute Flora’s portfolio of products to 11 countries Cross-selling efforts […]

BioHarvest Sciences Unveils Profile of Unique Cannabis Composition

May 12th, 2022 - Ryan Allway

Full spectrum profile to include major and minor Cannabinoids as well as Terpenes Unique trichome structure provides for potentially higher solubility and bio-availability With Trichomes representing 93% of the Cannabis biomass produced using the proprietary Bio-Plant CELLicitation™ technology, taste bitterness is significantly reduced Vancouver, Canada, and Rehovot, Israel–(Newsfile Corp. – May 12, 2022) – BioHarvest Sciences […]

Enveric Biosciences Announces Plans to Spin-off and Dividend its Cannabinoid Pipeline to Shareholders

May 11th, 2022 - Ryan Allway

The proposed spin-off would create two separate and distinct biotechnology companies, one developing next-generation psychedelic-inspired treatments and the other developing innovative cannabinoid treatments   NAPLES, FL, May 11, 2022 – Enveric Biosciences (NASDAQ: ENVB) (“Enveric” or the “Company”), a neuroscience-focused biotechnology company developing next-generation, psychedelic-inspired mental health medicines, today announced plans to transfer and spin-off its cannabinoid clinical development pipeline […]

MJ Harvest, Inc. Announces a Letter of Intent to Merge with Cannabis Sativa Inc.

May 11th, 2022 - Ryan Allway

LAS VEGAS, NV / ACCESSWIRE / May 11, 2022 / MJ Harvest, Inc. (“MJHI”) (OTCQB:MJHI) announced that it has signed a Letter of Intent (“LOI”) to merge with and into Cannabis Sativa, Inc. The LOI provides for MJHI shareholders to receive 2.7 shares of CBDS common stock for each one share of MJHI common stock held […]

Heritage Cannabis Reports 2021 Year-End Financial Results

May 11th, 2022 - Ryan Allway

TORONTO, May 11, 2022–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company“), today announced its financial results as at and for the twelve months ended October 31, 2021 (“FY 2021“). All figures are in Canadian dollars unless otherwise noted.   “Heritage’s revenue grew over 100% for the year and almost 40% from Q3/21 […]

Jones Soda Reports First Quarter 2022 Results

May 11th, 2022 - Ryan Allway

– Seventh Consecutive Quarter of Year-Over-Year Growth; Achieved Significant Year-Over-Year Revenue Growth within Three Year Turnaround Plan – – Announces Brand Partnerships for the Second Half of 2022 and Provides an Update on the Launch of Mary Jones Cannabis Products –     SEATTLE, May 11, 2022 (GLOBE NEWSWIRE) — Jones Soda Co. (CSE: JSDA, OTCQB: […]

Flora Growth Launches Vessel in Canada; Signs Deal With Ontario Cannabis Store and Launches Vesselbrand.ca

May 11th, 2022 - Ryan Allway

FORT LAUDERDALE, Fla. & TORONTO, May 11, 2022–(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer, and distributor of global cannabis products and brands, announced today its Vessel brand, a leader in premium cannabis accessories, secured meaningful penetration in Canada via an approved listing on the Ontario Cannabis Store. Additionally, Vessel announced […]

MariMed Reports First Quarter 2022 Earnings

May 10th, 2022 - Ryan Allway

Revenue Grew 27% Year Over Year Non-GAAP Adjusted EBITDA Grew 29% Year Over Year Company Maintains Full Year 2022 Guidance   NORWOOD, Mass., May 10, 2022 (GLOBE NEWSWIRE) — MariMed, Inc. (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the […]

Kona Gold Beverage, Inc. Successfully Launches Sparkling Ooh La Lemin Lemonades in the state of Wisconsin

May 10th, 2022 - Ryan Allway

Melbourne, FL, May 10, 2022 (GLOBE NEWSWIRE) — Kona Gold Beverage, Inc. (OTC Pink: KGKG), a holding company focused on product development in the better-for-you and hemp and CBD functional beverage sector, is pleased to announce the Company’s sales team, along with its Wisconsin distributor, Wisconsin Distribution Inc. (WDI), successfully launched Sparkling Ooh La Lemin […]

Flora Growth Reports Fiscal Year End 2021 Results

May 10th, 2022 - Ryan Allway

FORT LAUDERDALE, Fla. & TORONTO–(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today reported its financial and operating results for the fiscal year ended December 31, 2021. All financial information is provided in U.S. dollars unless indicated otherwise. “Fiscal year […]

Village Farms International Reports First Quarter 2022 Financial Results

May 10th, 2022 - Ryan Allway

Consolidated Revenue Increased 34% Year-Over-Year to $70.2 Million; Net Loss of $6.5 Million Primarily Due to Inflationary Pressures on Produce Business Canadian Cannabis Business Contributes Record 14th Consecutive Quarter of Positive Adjusted EBITDA Pure Sunfarms Remains Top-Selling Dried Flower Brand in Ontario, Alberta and British Columbia Integrations of Balanced Health Botanicals and Rose Lifescience Proceeding Well with Each Contributing Positive Adjusted EBITDA   VANCOUVER, BC, May […]

AFC Gamma, Inc. Announces Financial Results for First Quarter 2022

May 10th, 2022 - Ryan Allway

WEST PALM BEACH, Fla., May 10, 2022 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFCG” or “AFC Gamma”) today announced its results for the first quarter of 2022.     First Quarter 2022 Highlights Net income of $10.2 million in Q1 2022, or $0.53 per basic weighted average share of common stock Distributable earnings1 of $11.9 […]

CoCo Farms Parent Kolaboration Ventures Launches Reg A+ Equity Financing

May 10th, 2022 - Ryan Allway

Public Investors Are Invited to Join CoCo Farms in Its Reg A Offering   RIO VISTA, Calif., May 10, 2022 (GLOBE NEWSWIRE) — Kolaboration Ventures Corporation (“KVC” or the “Company”), a leading vertically integrated cannabis brand and operator in California, has launched a Regulation A, equity financing (the “Offering”) (see Kolaboration Ventures Offering Circular).   From seed to sale, KVC […]

Khiron achieves United Kingdom Cannabis Sales Volume Growth of 240% in Q1 2022

May 10th, 2022 - Ryan Allway

In Q1 2022, Khiron expects to surpass 1 million CAD in medical cannabis revenues in the United Kingdom (“UK”) alone Total untapped potential for cannabis patients in the UK exceeds 1M patients Supported by its clinic in the UK opened in late 2021, Khiron has increased its sales volumes more than 240% in Q1 2022 compared to entire 2021 Khiron’s growing portfolio in […]

Curaleaf Reports First Quarter 2022 Results

May 9th, 2022 - Ryan Allway

First Quarter 2022 Revenue of $313 Million, up 20% YoY First Quarter 2022 Adjusted EBITDA(1) of $73 Million, up 16% YoY First Quarter 2022 Cash Flow from Operations of $57.4 Million or 18% of Revenue WAKEFIELD, Mass., May 9, 2022 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer products in cannabis, today reported its financial […]

Grapefruit USA, Inc. Issues Update on Proposed Strategic Acquisition

May 9th, 2022 - Ryan Allway

LOS ANGELES and DESERT HOT SPRINGS, Calif., May 09, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), an innovative California-based cannabiotech company, is providing an update on its previously announced execution of a Memorandum of Understanding (“MOU”) with Diagnostic Lab Corporation of Englewood Cliffs, New Jersey, (“DLC”) […]

Emerald Reports First Quarter 2022 Financial Results

May 9th, 2022 - Ryan Allway

Recovery Momentum Continues May 09, 2022 06:25 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Emerald Holding, Inc. (NYSE:EEX) (“Emerald” or the “Company”), a leading U.S. business-to-business platform producer of trade shows, events, conferences, marketing and B2B software solutions, today reported financial results for the first quarter ended March 31, 2022. Highlights In the first quarter of […]

NewLake Capital Partners Enters into a Revolving Credit Facility

May 9th, 2022 - Ryan Allway

NEW CANAAN, Conn., May 09, 2022 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (OTCQX: NLCP) (the “Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it has entered into a five-year revolving credit facility (“Credit Facility”) with a $30 million initial commitment. The Credit Facility contemplates an […]


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