News
Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a consumer-packaged goods leader serving all 50 states with 15,000+ points of distribution around the world and a pharmaceutical distributor in 28 countries, today provided an update with respect to the purchase and sale agreement for the sale of its Colombian related subsidiaries and assets to […]
SNDL and Nova Cannabis Extend Outside Date for Closing of the Strategic Partnership
SNDL Inc. (NASDAQ: SNDL) (“SNDL”) and Nova Cannabis Inc. (TSX: NOVC) (“Nova”) announced today that while all other provincial approvals have been received, the continued review by one provincial regulator has necessitated a further extension of the outside date for the closing of the previously-announced strategic partnership (the “Transaction”). SNDL and Nova anticipate that the […]
Lifeist Wellness Closes on Zest Acquisition
Lifeist acquires ‘Zest’ brand to drive growth in high-margin categories through targeted marketing and sales programs and as a complementary product line to its in-house concentrate brand, Roilty TORONTO, July 21, 2023 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF), a health-tech company that leverages advancements in science […]
BioHarvest Sciences Inc. Announces Closing of Private Placement of Convertible Notes
This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction. Vancouver, British Columbia and Rehovot, Israel–(Newsfile Corp. – July 18, 2023) – BioHarvest Sciences Inc. (CSE: BHSC) (OTCQB: CNVCF) (FSE: 8MV) (“BioHarvest” or the “Company”) is pleased to announce that it has closed its non-brokered private […]
07/17/2023 With 95% less nicotine than a traditional cigarette, VLN® cigarettes help existing adult smokers reduce their nicotine consumption and dependence SACRAMENTO, Calif., July 17, 2023 (GLOBE NEWSWIRE) — Biotech company 22nd Century Group, Inc. (NASDAQ: XXII) this week launched VLN® King cigarettes, the first-ever reduced nicotine combustible cigarette, in the California market. Starting July 17th, […]
BYND Cannasoft Announces Pricing of US$2.6 Million Underwritten Public Offering
ASHKELON, Israel and VANCOUVER, British Columbia, July 17, 2023 (GLOBE NEWSWIRE) — BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) (CSE: BYND) (“BYND Cannasoft” or the “Company”) today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately US$2.6 million, before deducting underwriting discounts and other estimated expenses payable […]
Inspired by the Boston Tea Party’s 250th Anniversary, Company Management and Employees Dress in Colonial Outfits, Decry Unfair IRS Code 280E MariMed 280E Protest “No taxation without representation! Down with 280E!” MariMed, a leading Multi-State Operator in the legal cannabis industry, reenacts the Boston Tea Party to protest the federal government’s unfair tax scheme […]
Trees Corporation and 420 Investments Ltd. Announce Reverse Takeover Transaction
Toronto, Ontario–(Newsfile Corp. – July 13, 2023) – Trees Corporation (NEO: TREE) (the “Company” or “Trees“) is pleased to announce that the Company has entered into a business combination agreement dated July 12, 2023 (the “Business Combination Agreement“) with 420 Investments Ltd. (“420“), a private arm’s length company incorporated under the Business Corporations Act (Alberta), pursuant to […]
Grown Rogue Closes Convertible Debenture Financing for Gross Proceeds of US$5,000,000
MEDFORD, Ore., July 13, 2023 /CNW/ – Grown Rogue International Inc. (“Grown Rogue” or the “Company”) (CSE: GRIN) (OTC: GRUSF), a craft cannabis company operating in Oregon and Michigan, announces that, further to its news release on July 4, 2023, it has closed the first tranche of a non-brokered private placement of unsecured convertible debentures (each, a “Debenture”) with an aggregate principal amount […]
Fawn River Cultivation Company and BioLumic Unleash a New Era of Cannabis Varieties in Michigan
New Light Treatments Add Value Through Specialized Gene Expression Constantine, MI | July 11, 2023 – Fawn River Cultivation Company and BioLumic announced today a new partnership to redefine cannabis cultivation in Michigan using BioLumic’s patented UV light technology, opening the door for new varieties to hit the consumer market by the end of 2023. “The BioLumic technology will […]
GOLDEN, Colo., July 10, 2023 (GLOBE NEWSWIRE) — Panacea Life Sciences Holdings, Inc. (OTCQB: PLSH) (“Panacea” or the “Company”), a plant-based natural health ingredient and product company, today announced it has entered into agreements to acquire eight retail locations in the Tampa, Florida area, offering Kava, Kratom, VAPE and CBD products and beverages operating as […]
MedMen Announces Ellen Deutsch as Chief Executive Officer and Amit Pandey as Chief Financial Officer
Edward Record Transitioning to Non-Executive Board Director LOS ANGELES, July 05, 2023–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis company with operations across the United States, today announced the appointments of Ellen Deutsch as Chief Executive Officer, effective immediately, and Amit Pandey as Chief Financial Officer, effective […]
The Healing Company Uplists to the OTCQB Venture Market and Secures New Strategic Investors
Uplists from the OTC Pink Market to the OTCQB Venture Market; continues trading under ticker HLCO Secures up to $7M in new funding from strategic partners including billion-dollar investment office of the Burman family (New Delhi) and the Goetz Family Office (Munich) Including previously announced financing, brings total raised and committed equity funding to up […]
GCANRx Announces Approval of Phase II Clinical Trial to Treat Autism Related Spectrum Disorders
BALTIMORE, July 05, 2023 (GLOBE NEWSWIRE) — Greater Cannabis Company, Inc. (“GCANRx” or the “Company”) (OTC: GCAN) a publicly traded biopharmaceutical company pioneering development of next generation therapeutics is pleased to announce that it has been granted final approval for its double blind, placebo controlled Phase II Clinical Trial for the treatment of Autism Spectrum Disorder […]
Agrify Announces 1-For-20 Reverse Stock Split
BILLERICA, Mass., July 03, 2023 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that the Company’s Board of Directors approved a 1-for-20 reverse stock split, to be effective as of 12:01 a.m. on Wednesday, July 5, 2023. The Company’s common stock will […]
News Release: Thompson Duke Industrial Releases New Big JIM & Little JIM Joint Infusion Machines
New machines provide customers with all-in-one automatic and semi-automatic solutions to infuse oil in pre-rolled cannabis products and vape devices Portland, Ore. – June 28, 2023 – Thompson Duke Industrial, the leader in cannabis oil vaporizer device filling and capping equipment, has released its new line of machines for the infusion of pre-rolled cannabis products. The Big […]
Independently Conducted Trial by Radicle Science Finds Florworks’s Flagship TruCBN; Showed a Significant Improvement in Sleep When Compared to Placebo Portland, Oregon–(Newsfile Corp. – June 28, 2023) – A landmark study led by FloraWorks Holdings Inc. (“FloraWorks” or “Company”), a leading cannabinoid therapeutics company, announced the results of the first-ever double-blind, randomized, placebo-controlled trial that analyzed the effects […]
TerrAscend Closes on Acquisition of Top Performing Maryland Dispensary, Peninsula Alternative Health
US$14M run rate medical dispensary poised to significantly increase sales with the launch of Maryland’s Adult-Use program on July 1st, and expected to be immediately accretive on an EBITDA and cashflow basis Located in close proximity to Delaware, with no competitors within a 25-mile radius, this dispensary is expected to quickly become one of TerrAscend’s […]
Fort Lauderdale, Florida–(Newsfile Corp. – June 27, 2023) – Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a consumer-packaged goods leader serving all 50 states with 15,000+ points of distribution around the world and a pharmaceutical distributor in 28 countries, announced today that Clifford Starke has been appointed as Chief Executive Officer to lead […]
LOS ANGELES, June 26, 2023 (GLOBE NEWSWIRE) — Ispire Technology Inc. (“Ispire” or “the Company”) (NASDAQ: ISPR), a leader in vapor technology, providing high-quality, innovative products with first-class performance, announced today that it has raised gross proceeds of approximately $8 million from the private placement of a total of 1,117,420 shares of common stock at […]
Power Leaves Corp. (“PLC”), a manufacturer of decocainized coca leaf extract, announced that it has signed an agreement with the Colombian Agricultural Research Corporation (“Agrosavia”) and the NASA WALA Foundation (“NASA”). Agrosavia is a non-profit entity belonging to the Colombian Ministry of Agriculture and Rural Development whose purpose is to carry out research and development of […]
Decibel Introduces Vox Brand with Launch of Vox Popz Crushable Pre-Rolls
CALGARY, AB, June 22, 2023 /CNW/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSXV: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce the launch of its new brand, Vox, and the introduction of its first product line, Vox Popz crushable extract pre-rolls. Decibel Cannabis logo […]
The treatment combines Clearmind’s MEAI, a novel proprietary psychedelic treatment for various addictions, and SciSparc’s Palmitoylethanolamide (PEA), the active ingredient of its proprietary CannAmide™ Tel Aviv, Israel / Vancouver, Canada, June 16, 2023 (GLOBE NEWSWIRE) — Clearmind Medicine Inc. (Nasdaq, CSE: CMND), (FSE: CWY) (“Clearmind” or the “company”), a biotech company focused on discovery and development […]
– Successfully underwrites complex transaction for unique California-based property containing numerous cannabis businesses – – Market-leading terms reflect Safe Harbor Financial’s continued normalization of cannabis financial services – GOLDEN, Colo., June 15, 2023 (GLOBE NEWSWIRE) — SHF Holdings, Inc. (“Safe Harbor Financial” or the “Company”) (NASDAQ: SHFS), a leader in facilitating banking, payments, and financial […]
The Parent Company Shareholders Approve Proposed Business Combination with Gold Flora
SAN JOSE, Calif., June 15, 2023 /CNW/ – TPCO Holding Corp. (“The Parent Company” or the “Company”) (NEO: GRAM) (OTCQX: GRAMF), a leading consumer-focused California cannabis company, announced today that holders (“TPCO Shareholders”) of common shares (“TPCO Shares”) of the Company voted in in favor of a special resolution to approve the previously announced proposed business combination (the “Business Combination”) with […]
HYLA Announces Distribution Contract With Sahara Trading UAE
Endexx’s Division HYLA Secures Eight Country Territory Deal CAVE CREEK, AZ, June 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx® Corporation (OTC: EDXC), a provider of innovative plant-based wellness and nutritional products, today announced its HYLA™ division has secured an eight country distribution agreement for Hyla “No-Nicotine” vape products in the greater “Middle East Territories”. […]
Springfield, Oregon–(Newsfile Corp. – June 14, 2023) – Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A) (“Silo” or “the Company”), a pioneer in psilocybin wellness retreats, is excited to announce its feature this Sunday on a groundbreaking CNN documentary episode of The Whole Story with Anderson Cooper. The episode, entitled ‘Magic Mushrooms: Can They Change Your Mind?’ takes […]
On the heels of Lift Toronto 2023, which took place June 1-3, gathering a robust audience from across the cannabis industry and community for education, exhibits and top-tier networking, Lift Events & Experiences announces a game-changing new partnership and key enhancements to its upcoming U.S. debut. Continuing its mission to “lift the cannabis industry […]
Aleafia Health Announces Fourth Quarter and Annual Financial Results
Revenue increased 9% to $11.7 million for the period ended March 31, 2023 (“Q4 FY2023”) versus $10.7 million for the period ended March 31, 2022 Net revenue increased 33% to $9.4 million for Q4 FY2023 versus $7.0 million for the period ended March 31, 2022 Revenue increased 24% to $57.4 million for the 12 […]
The Company Achieved Significant Sequential Improvement in Cost Reduction in Line With Its Goal to Achieve Positive Free Cash Flow by the End of This Calendar Year This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated December 3, 2021, to its short-form base shelf prospectus dated April 22, 2021. […]
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Matthew Nordgren is an ambitious executive, dedicated philanthropist, and accomplished athlete who brings a unique passion to creating strategic alliances. He has breadth and depth of experience in finance, corporate development, and capital sourcing, as well as in building highly motivated teams of skilled professionals. In 2005, Mr. Nordgren received his education at the University […]
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