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Technical420 Site Search

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These 3 Cannabis Firms Are International Growth Stories

During the last two years, we have noticed a significant shift in the Canadian cannabis sector. The shift is related to the amount of cannabis that is being sold abroad, rather than domestically. We are not surprised by the shift because Canada’s population is less than 40 million which makes…

SunStream Bancorp Provides Senior Bridge Financing to Parallel

CALGARY, AB, Dec. 8, 2022 /PRNewswire/ - SunStream Opportunities LP ("SunStream"), an affiliate of SunStream Bancorp Inc., a joint venture sponsored by SNDL Inc. (Nasdaq: SNDL) ("SNDL"), today announced the closing of a US$10 million bridge term loan ("Interim Bridge Loan") to Surterra Holdings Inc. d.b.a Parallel Brands, and certain affiliates, (collectively, "Parallel"). SunStream…

Unrivaled Brands Announces Binding Letters of Intent with Two California Cookies Dispensaries

SANTA ANA, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled,” “Unrivaled Brands,” or the “Company”), a cannabis company with operations in California, enters into binding Letters of Intent with two Cookies branded retail stores: Cookies Redding in Redding, CA and Cookies Oakland in Oakland, CA.…

Village Farms International Commences Shipping Cannabis to Israel

VANCOUVER, BC, Jan. 3, 2023 /PRNewswire/ - Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) today announced further progress on its international cannabis strategy, and commented that the lack of cannabis legislative action by the United States Senate (in direct contrast to the 39 States / the District of Columbia with legally sanctioned medical-use and/or…

Is Aurora Cannabis Going to be a Turnaround Story in 2023?

Last year was a tough year for Aurora Cannabis Inc. (Nasdaq: ACB) (TSX: ACB) and we are closely following the company after the stock fell more than 80% in 2021. Although the size of the decline is eyepopping, we continue to have a cautiously optimistic outlook with the Canadian Licensed…

Lowell Farms Inc. and The Pharm, LLC to Bring the Award-Winning Lowell Smokes to Arizona Dispensaries

SALINAS, Calif., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Lowell Farms Inc. (CSE:LOWL; OTCQX:LOWLF) is set to debut its award-winning cannabis products at recreational and medicinal dispensaries in Arizona. The California-born innovator in cannabis cultivation and creator of the iconic Lowell Smokes brand has partnered with cannabis operator The Pharm, LLC to launch multiple products…

A Very Unhappy Christmas

Authored by Michael Sassano, the CEO of Somai Pharmaceuticals A Very Unhappy Cannabis New Year All through the house, not a creature was stirring—not even a Congressperson as time ran out to advance cannabis reforms in 2022.. United States politics once again upended the global cannabis market and it was…

Heritage Cannabis Ships First Products to Missouri Dispensaries

TORONTO--(BUSINESS WIRE)--Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company”), is pleased to announce that it has completed its first production run and shipment of products to dispensaries in the State of Missouri. This marks the start of Heritage product sales in the second state in the…

Aurora Cannabis Announces Sale of Polaris Facility – Balance Sheet Remains Among Strongest in Industry

EDMONTON, AB, Jan. 4, 2023 /PRNewswire/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today that the Company has closed the sale of its Aurora Polaris facility for gross proceeds of approximately $15 million, previously announced to be closing under the…

Canopy Growth Completes Divestiture of Canadian Retail Operations

SMITHS FALLS, ON, Jan. 3, 2023 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) announced today that it has closed its previously announced transactions with OEG Retail Cannabis ("OEGRC") and 420 Investments Ltd. ("FOUR20") to divest its retail business across Canada, which includes the stores operating under…

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