Cannabis


TerrAscend and Cookies Celebrate the Grand Opening of Cookies Jackson

December 2nd, 2022 - Ryan Allway

TerrAscend’s Gage Cannabis Opens Fourth Cookies Dispensary in Michigan   TORONTO, Dec. 2, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced that its subsidiary, Gage Cannabis Co. (“Gage”), opened a new flagship cannabis provisioning center in Jackson, Michigan. Located at 118 N Columbus Street, the dispensary […]

Green Dot Labs plants Arizona flag with first new market expansion

December 2nd, 2022 - Ryan Allway

 Leading Colorado brand announces plans to bring ultra-premium products to Arizona’s cannabis connoisseurs TEMPE, ARIZ. and BOULDER, COLO. (December 2, 2022) – Leading connoisseur cannabis cultivation and extraction brand Green Dot Labs has announced a planned expansion into Arizona. Marking the premium brand’s first foray into a cannabis market outside of Colorado, the expansion will […]

TerrAscend Reduces Outstanding Debt by US$30 Million

November 30th, 2022 - Ryan Allway

Elects to pay down $30 million of its maturing $55 million senior secured Michigan loan, refinancing the remaining $25 million   TORONTO, Nov. 30, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, today announced that its subsidiary, WDB Holding MI, Inc. (DE), and all subsidiaries of TerrAscend (collectively, the “Borrowers”), refinanced the existing senior secured term loan […]

RIV Capital Reports Fiscal Second Quarter 2023 Financial Results

November 29th, 2022 - Ryan Allway

– Receives all regulatory approvals for the final closing of the previously announced Etain Transaction, which is expected to occur by year end   TORONTO, Nov. 29, 2022 /PRNewswire/ – RIV Capital Inc. (“RIV Capital” or the “Company“) (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one […]

Hempacco and Sonora Paper Company Disclose New Joint Venture to Manufacture and Market Hemp Paper Smoking Products Including Hemp Blunts, Hemp Cones, and Hemp Tubes

November 28th, 2022 - Ryan Allway

Hempacco opens Hempacco Paper Co., Inc., a new joint venture division focused on penetrating the cannabis industry with smoking paper products   San Diego, California–(Newsfile Corp. – November 28, 2022) – Hempacco Co., Inc. (NASDAQ: HPCO) (“Hempacco” or the “Company”), a hemp smokables company that is Disrupting Tobacco™, a nearly $1 Trillion industry, with hemp cigarettes, smoking paper, […]

Organigram Reports Record Fourth Quarter and Full Year Fiscal 2022 Results

November 28th, 2022 - Ryan Allway

Continues trend of record quarterly net revenue and positive Adjusted EBITDA while growing share of adult recreational market   Q4 FISCAL 2022 FINANCIAL HIGHLIGHTS Continued record growth in net revenue, reaching $45.5 million, the highest in the history of the Company, up 83% from $24.9 million in the same prior-year period and 19% from $38.1 […]

POSaBIT Continues Eastward Expansion, Goes Live with Point of Sale System in Vermont

November 28th, 2022 - Ryan Allway

TORONTO & SEATTLE, November 28, 2022–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the premier cannabis point of sale and payments platform, has gone live with their point of sale system in the Vermont market. While POSaBIT is able to take payments in any state, the unique regulatory requirements of each state mean that the […]

HEMPSANA Announces Q3 2022 Financial Results

November 28th, 2022 - Ryan Allway

TORONTO, Nov. 28, 2022 (GLOBE NEWSWIRE) — Hempsana Holdings Ltd. (the “Company” or “Hempsana”) today announced three and nine months financial results for the period ended September 30, 2022.   Randy Ko, Hempsana’s CEO commented: “Our team remains focused on leading the market in the manufacturing and distribution of rare cannabinoids to support product development […]

Flora Growth Reports Third Quarter 2022 Financial Results

November 28th, 2022 - Ryan Allway

Revenue for the three-month period ended September 30, 2022 was $10.8 million, an increase of 414% year over year Revenue for the nine-month period ended September 30, 2022 was $25.7 million, an increase of 510% year over year Gross profit for the three-month period ended September 30, 2022 was $5.0 million, an increase of 703% […]

Cannara Biotech Inc. Reports Record Q4 and 2022 Fiscal Year Financial Results

November 25th, 2022 - Ryan Allway

Company recorded a record high of $12 million in quarterly revenue (84% YoY increase) and Net Income of $2.6 million Full year revenues were $36 million, a 108% increase compared to 2021 Delivered its sixth consecutive quarter of positive Adjusted EBITDA of $2.5M, and $5.3M for fiscal year 2022    All financial results are reported in Canadian dollars, unless otherwise stated. […]

Halo Collective Reports Highest Selling Quarter for Budega Retail Locations and Plans to Continue Expansion

November 22nd, 2022 - Ryan Allway

TORONTO, Nov. 22, 2022 /CNW/ – Halo Collective Inc. (“Halo” or the “Company”) (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) reports highest selling quarter and continues planned expansion for the Budega retail locations after successful opening of the first two locations and significant progress in opening of the third superstore location. The Company is actively looking to secure additional […]

Indiva Reports Third Quarter 2022 Results

November 22nd, 2022 - Ryan Allway

Indiva Launches Multiple New Products and Remains the National Market Share Leader in the Edibles Category   LONDON, Ontario, November 22, 2022–(BUSINESS WIRE)–Indiva Limited (the “Company” or “Indiva“) (TSXV:NDVA) (OTCQX:NDVAF), the leading Canadian producer of cannabis edibles and other cannabis products, is pleased to announce its financial and operating results for the third fiscal quarter […]

Leafbuyer Technologies Inks Deals With Three Large MSOs

November 22nd, 2022 - Ryan Allway

DENVER, CO / ACCESSWIRE / November 22, 2022 / Leafbuyer Technologies, Inc. (OTCQB:LBUY) (“Leafbuyer” or “the Company”) a leading cannabis technology and marketing platform, announced today the company had closed three large multi-state operators (MSOs) with a contract total of over $450,000 in annual revenue.   Leafbuyer continues to grow at nearly twice the industry rate. Mark […]

Decibel Announces Timing of Annual Meeting of Shareholders and New Director Nominees

November 21st, 2022 - Ryan Allway

CALGARY, AB, Nov. 21, 2022 /PRNewswire/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSXV: DB) (OTCQB: DBCCF), announces the timing of its annual general meeting (the “Meeting”) of holders of common shares (the “Shareholders”) of the Company will be held at 4:00pm (Calgary Time) on Friday, December 9, 2022 (the “Meeting”). The management information circular related to the Meeting […]

Flora Growth Sets Third Quarter 2022 Conference Call for November 28, 2022, at 4:30 P.M. ET

November 21st, 2022 - Ryan Allway

FORT LAUDERDALE, Fla. & TORONTO, November 21, 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, will host its third quarter 2022 earnings call via webcast on Monday, November 28 at 4:30 p.m. ET.   During the webcast, Flora management will deliver […]

Grapefruit USA, Inc. Provides Further Update on Diagnostic Lab Corporation, Inc. Acquisition, Securing New Financing

November 21st, 2022 - Ryan Allway

LOS ANGELES and DESERT HOT SPRINGS, Calif., Nov. 21, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), an innovative California-based cannabiotech company, is updating its recent announcement of the proposed acquisition of Diagnostic Lab Corporation of Englewood Cliffs, New Jersey (“DLC”), a diversified food and agriculture safety […]

Xebra Provides Update on the Issuance of its Mexican Cannabis Authorizations

November 17th, 2022 - Ryan Allway

VANCOUVER, BC, Nov. 17, 2022 /PRNewswire/ – Xebra Brands Ltd. (“Xebra”) (CSE: XBRA) (OTCQB: XBRAF) (FSE: 9YC), a cannabis company, provides an update on the issuance of its Mexican cannabis authorizations.   Xebra Brands Ltd. (CNW Group/Xebra Brands Ltd.) Xebra previously announced that it expected the issuance of cannabis authorizations to its Mexican subsidiary, Desart MX, SA de CV […]

Safe Harbor Financial Announces Completion of Abaca Acquisition

November 16th, 2022 - Ryan Allway

Safe Harbor adds more than 300 unique accounts to its platform Increases operations to more than 40 states and U.S. territories Expands lending and technology capabilities and adds three additional financial institution relationships Deepens talent pool with experienced professionals, and further positions Safe Harbor as the leading financial technology platform facilitating cannabis financial services   […]

Software Effective Solutions’ (OTC: SFWJ) Medcana Subsidiaries Launch Construction Proceedings for Multiple Greenhouse Operation

November 16th, 2022 - Ryan Allway

Software Effective Solutions Corporation (OTC: SFWJ) (“The Company”, “SFWJ”) DBA Medcana announces that construction operations of its five investment companies are proceeding as planned.   Field tests, final greenhouse designs and placements have been completed. Also, Ministry of Justice and Anti-Narcotics audit was completed and passed, as expected.   In the past month, field tests of […]

Thompson Duke Industrial to Launch Proprietary New Machines to Infuse Cannabis Pre-rolls at MJBizCon 2022

November 15th, 2022 - Ryan Allway

Las Vegas, NV – 15 Nov 2022 – Thompson Duke Industrial, the leader in cannabis oil vaporizer device filling and capping equipment, has created a new line of machines to infuse pre-rolled cannabis products. The company is unveiling the machines, called Big JIM (Joint Infuser Machine) and Little JIM, at the 2022 MJBizCon event in Las […]

Leafbuyer Announces Continued Strong Sales with a 33% increase in Quarterly Revenue

November 15th, 2022 - Ryan Allway

Financial Highlights: Revenue rose to $1,128,665 from $851,693 in the current quarter, compared to a year ago Gross Profit increased to $476,145 from $221,157 in the same period Operating Expenses decreased from $809,639 to $635,136 Revenue Increased 33% while Selling Expenses decreased 30%, based on expanding margins Gross Profit Increased 115% year to year   […]

Jushi Holdings Inc. Reports Preliminary Third Quarter 2022 Financial Results

November 14th, 2022 - Ryan Allway

Year-over-Year Revenue Growth of 34.9% to $72.8 million Strong Retail Performance and Patient Expansion in Virginia with 48.4% Sequential Increase in Retail Sales in the Commonwealth   BOCA RATON, Fla., Nov. 14, 2022 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced certain preliminary financial results for the quarter […]

CV Sciences, Inc. Reports Third Quarter 2022 Financial Results

November 14th, 2022 - Ryan Allway

SAN DIEGO, Nov. 14, 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 its financial results for the quarter ended September 30, 2022.   (PRNewsfoto/CV Sciences, Inc.) Third Quarter 2022 and Recent […]

Stem Holdings Announces Closing of Note Offering

November 14th, 2022 - Ryan Allway

BOCA RATON, Fla., Nov. 14, 2022 (GLOBE NEWSWIRE) — Stem Holdings, Inc. (OTCQB: STMH) (CSE: STEM) (the “Company” or “Stem”), a vertically integrated cannabis operator, is pleased to announce that the Company has completed its previously announced private placement of a USD$250,000 unsecured promissory note (the “Note”) and 250,000 common share purchase warrants (the “Warrants”) to an […]

InterCure Announces Record Preliminary Third Quarter Revenue of Over CAD$39 million – 63% Growth YoY

November 11th, 2022 - Ryan Allway

Estimated revenue reaches CAD$39 million1 (a record of over NIS 100 million): Eleventh consecutive quarter of profitable growth with revenue growth expected to continue in Q4 2022     NEW YORK and TORONTO and HERZLIYA, Israel, Nov. 11, 2022 (GLOBE NEWSWIRE) — InterCure Ltd. (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) (“InterCure” or the “Company”) today announced record preliminary financial results for the […]

Medical Cannabis Company Cantourage to list on the Frankfurt Stock Exchange on 11 November 2022

November 11th, 2022 - Ryan Allway

Following its successful private placement, Cantourage plans to list in the Scale segment on the Frankfurt Stock Exchange First trading day is scheduled for 11 November 2022 Company has achieved high double-digit valuation as part of the placement   Cantourage Group SE (“Cantourage”), a European medical cannabis leader, announced today that it is seeking a […]

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

November 10th, 2022 - Ryan Allway

NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) — 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 […]

Stem Holdings Announces Offering

November 10th, 2022 - Ryan Allway

BOCA RATON, Fla., Nov. 10, 2022 (GLOBE NEWSWIRE) — Stem Holdings, Inc. (OTCQX: STMH) (CSE: STEM) (the “Company” or “Stem”), a vertically integrated cannabis operator, is pleased to announce that the Company intends to complete a private placement of a USD$250,000 unsecured promissory note (the “Note”) and 250,000 common share purchase warrants (the “Warrants”) to an arm’s […]

Vext to Announce Financial Results for Q3 2022 on November 17, 2022

November 10th, 2022 - Ryan Allway

Management to hold conference call on the same day to review financial results and host Q&A VANCOUVER, BC, Nov. 10, 2022 /CNW/ – Vext Science, Inc. (“Vext” or the “Company”) (CSE: VEXT) (OTCQX: VEXTF), a cannabinoid brand leader based in Arizona, leveraging its core expertise in extraction, manufacturing, cultivation and marketing to build a profitable multi-state footprint, announced today that […]

Zoned Properties Reports Third Quarter 2022 Financial Results

November 10th, 2022 - Ryan Allway

100% Revenue Growth in Real Estate Services Year-over-Year for Nine-Months Ended September 30, 2022 60% Total Revenue Growth Year-over-Year for Nine-Months Ended September 30, 2022 Secured $4.5 Million Debt Facility Provides Initial Buying Power for New Property Acquisitions     SCOTTSDALE, AZ / ACCESSWIRE / November 10, 2022 / Zoned Properties®, Inc. (“Zoned Properties” or the […]


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