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Ascend Wellness Holdings, Inc. ("AWH" or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis, is pleased to announce that it has closed on $36.5M of additional funding under the increase option of its existing term loan credit facility. In August 2021, the Company announced it had closed on…
Cannabis sales in the United States (US) have been steadily increasing and we attribute the growth to the rising number of states that allow for the sale of recreational cannabis. From Illinois to Arizona, there are several burgeoning recreational cannabis markets in the US and we are favorable on the…
Leafly (NASDAQ: LFLY), a leading cannabis discovery marketplace and resource, today announced that shoppers visiting Leafly can now place orders for delivery in California and other delivery-legal states – available via the Leafly website and app. For the first time, Californians will be able to leverage Leafly’s extensive strain database…
Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that Campbell Hill Ventures, LLC (“Campbell Hill Ventures”), the Company’s 100% owned subsidiary, has been awarded a provisional medical marijuana dispensary license (the “License”) by the Ohio Medical Marijuana Control Program. The License is…
EDMONTON, AB, May 18, 2022 /PRNewswire/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today the company has received EU-GMP certification for its state-of-the-art medical cannabis production facility in Germany. As a leading manufacturer of medical cannabis worldwide, achieving EU-GMP certification…
So far, 2022 is proving to be a challenging period for the cannabis sector and we are closely following the industry as companies start to report quarterly financial results. This comes after the cannabis sector faced an uphill battle in 2021 and want to highlight three industry-related themes too our…
Franchise Global Health Inc. ("Franchise Global" or the "Company") (TSX‑V: FGH; FRA: WV4A) is pleased to announce that it has entered into a letter of intent (the "LOI") dated effective May 6, 2022, outlining the general terms and conditions pursuant to which it has agreed to acquire a leading German pharmaceutical distributor (the "Target Company"). Management of…
-Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisition of a property comprising approximately 104,000 square feet of industrial space in Taunton, Massachusetts. The…
Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announced its financial and operational results for three months ended March 31, 2022 ("Q1 2022"). Halo's book value- booking investments at actual adjust costs basis after impairments per IFRS guidelines- is $80.7 million. These actual results validate that the Company's…
MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm”, “MediPharm Labs” or the “Company”) a pharmaceutical company specialized in precision-based cannabinoids, today announced its financial results for the three months ended March 31, 2022. Q1 2022 – Select Operating Highlights Continued leadership in global cannabis pharmaceuticals – poised to…