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Nextleaf Solutions Ltd., a federally regulated manufacturer and distributor of cannabis extracts including vapes and oils, is pleased to provide an update on its Specialty Molecules division, specifically the Company’s patented novel route of manufacturing D9-tetrahydrocannabinol acetate (D9-THC-OAc, delta-9-THC-OAc, THC-OAc), colloquially referred to as THC-O (“THC-O”). Nextleaf has recently produced THC-O under…

Although the cannabis sector has been under considerable pressure since late 2021, the legal global landscape continues to improve and we believe the sector is prime to bounce back. From Germany to Brazil, major global economies are jumping on the legal cannabis bandwagon and we will monitor how these emerging…

 Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) ("Cronos"), an innovative global cannabinoid company, and Ginkgo Bioworks (NYSE: DNA) (“Ginkgo”), the leading horizontal platform for cell programming, today announced the achievement of the third target productivity milestone in their partnership to produce eight cultured cannabinoids. Using Ginkgo’s platform for organism design and development, Cronos…

High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that it has closed a short-term debt financing from an arm’s length credit provider (the “Lender”) for CAD$5 million…

Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) (the "Company" or "BaM"), a multi-state US cannabis operator, is pleased to report its financial results for the third fiscal quarter ended April 30, 2022. Q3 FY2022 Financial Summary (results expressed in USD$ unless otherwise indicated): Reported Q3 FY2022 revenue of $7.88 million, a 10% increase…

Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) (the "Company" or "BaM"), a multi-state US cannabis operator, is pleased to provide an update on the first amendment to the Seaside dispensary purchase agreement. The Company, though its wholly owned subsidiary, DEP Nevada, Inc. ("DEP"), executed definitive agreements to purchase the Reef dispensary in Seaside…

Last week, a few high-profile Canadian cannabis retailers reported quarterly financial results and recorded strong growth when compared to the same period last year. Although the earnings reports reported impressive growth statistics in quarterly financial reports, the market responded negatively, and we are closely following this sub-sector of the industry. …

Nova Cannabis Inc. (the "Company" or "Nova") (TSX: NOVC) today announced it has filed a preliminary short-form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada (the "base shelf prospectus"). The base shelf prospectus will, when made final, allow Nova and certain of its securityholders to…

Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial" or the "Company") announced today that, in the context of the initial order pursuant to the Companies' Creditors Arrangement Act (Canada) ("CCAA") pertaining to the Zenabis Group (as defined below) rendered on June 17, 2022, it entered into a purchase agreement, in the form of a "stalking horse bid"…

2022 has been a banner year for the global cannabis industry and this is a trend that we are bullish on. So far this year, several countries have passed some form of legislation to allow for the sale of medical and/or recreational cannabis. Interest in burgeoning international cannabis markets is…