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PORTLAND, Ore., Aug. 23, 2022 (GLOBE NEWSWIRE) -- Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) (the “Company” or “Chalice Brands”), a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, announced today that it has issued the following open letter to shareholders from the Chalice Brands leadership…

SYDNEY, Australia, Aug. 23, 2022 (GLOBE NEWSWIRE) --  Tilray Brands, Inc. ("Tilray" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced that its medical cannabis division, Tilray Medical, has received approval…

LOS ANGELES--(BUSINESS WIRE)-- MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a premier cannabis retailer with operations across the United States, today announced the close of a $67 million deal with Florida-based private company Green Sentry Holdings LLC (“Green Sentry”) for the Company’s Florida-based operations, including its…

As global economies remain in a volatile state, we are seeing an increasing amount of consolidation in the cannabis sector. Although the trend slowed down after valuations peaked a few years ago, we expect the trend to change over the next year. The agreement between SNDL Inc. (Nasdaq: SNDL) and…

VANCOUVER, BC, Aug. 22, 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 it plans to release its financial results for the second…

CALGARY, AB and KELOWNA, BC , Aug. 22, 2022 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) ("Valens") are pleased to announce today that they have entered into an arrangement agreement (the "Agreement") to combine their businesses and create a leading vertically integrated cannabis platform. Pursuant to the terms…

During the month of June, more than C$377 ($290.8 million) million of recreational cannabis products were sold in Canada (according to Statistics Canada). This amount was a new monthly record for the country’s recreational cannabis industry and was approx. 1% higher than the prior month. In May, Canada reported a…

Saturation, margin compression, destructive debt…these are just some of the issues that have plagued the North American cannabis industry for the better part of a decade. Besides for these factors, one of the most significant issues associated with the North American cannabis industry is related to the amount of naked…

Earlier this year, New Jersey started to allow for the sale of recreational cannabis and we have been closely following the market since then. Last week, the New Jersey Monitor published a report on the amount of tax revenue that has been generated from the sale of recreational cannabis and…

DELTA, British Columbia, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Pure Sunfarms is extending its partnership with Simon Fraser University (SFU) to advance cannabis plant health research over the next three years. Since the partnership began in 2018, SFU researchers together with the Pure Sunfarms cultivation team have identified pathogens that…