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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…

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…

Tilray Brands, Inc. (Nasdaq: TLRY) (TSX: TLRY) is a high-profile Canadian Licensed Producer (LP) which is highly focused on the global opportunity. Although 2022 has been a challenging year for the cannabis consumer packaged goods (CPG) company, the business has been capturing market share in the European Union (EU) and…

PHOENIX, Ariz., Aug. 15, 2022 /CNW/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced its financial results for the second quarter ended June 30, 2022 ("Q2 2022"). All financial information is presented in U.S. dollars unless otherwise indicated. 4Front Ventures…

TORONTO, July 26, 2022 /CNW/ - Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced the expiration of Halo's previously announced letter of intent to acquire PhytoCann Holdings SA ("Phytocann") in accordance with the terms thereof. The Company cited market conditions as the driving factor for…

Although Canada was leading the legal recreational cannabis market for several years, the last two years have been much more challenging for all types of cannabis businesses. We believe that several factors played a primary role in the failure of the Canadian cannabis market and have highlighted what we consider…

Yesterday was a tough day for the cannabis sector and Canadian Licensed Producers (LPs) were especially impacted by the volatility. Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) and Aurora Cannabis Inc. (TSX: ACB) (Nasdaq: ACB) are two well-known Canadian LPs which fell more than 10% to start the week and…

During the last quarter, the cannabis sector has been under pressure and we have not seen the normal post-summer rally. In prior years, the summer season has been slow for the cannabis sector and we were not surprised by the weakness we saw in August. Based on our years of…