Vancouver, British Columbia--(Newsfile Corp. - April 19, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading life science firm and licensed cannabis processor, announces their latest lineup of product launches in advance of 4/20, a commemorative day within the cannabis community worldwide. In celebration, the Company is also pleased... Read more
TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing, and commercialization of plant-derived cannabinoid-based products is pleased to announce that it has closed a non-brokered private placement offering of 5,313,959 units of the Company (the... Read more
Combined Entity is Expected to Become the Leading Provider of CEA Products and Solution
AGRIFY Brings Industry-Leading Cultivation and Extraction Solution Service
Immediately Realizable Financial and Operational Synergies UPLAND, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming... Read more
80,000 Square Foot (7,500 Square Meter) Property includes 12 GMP Clean Rooms, Laboratory and Office space, and can accommodate expanded 50 Ton Manufacturing facility
New Production Technologies Implemented at this Campus will serve to optimize the planned US-based 150-ton manufacturing facility Vancouver, British Columbia and Rehovot, Israel--(Newsfile Corp. - April 16, 2024) - BioHarvest... Read more
Acquisition capitalizes on TruHC's strategically built German cannabis platform, including: EU-GMP processing and production license
GDP wholesale license for import / export
EU-GMP certified customizable modules with flexibility to incorporate various production / packaging processes and which enable license extension for future in country cultivation and supply to cannabis dispensaries
Narcotics... Read more
REDWOOD CITY, CA / ACCESSWIRE / April 16, 2024 / Juva Life Inc. (CSE:JUVA) (OTCQB:JUVAF) (FRANKFURT:4VV) ("Juva Life" or the "Company"), Juva Life Inc, a life science company with both pharmaceutical research and development and consumer-facing operations in cannabis production and distribution, is thrilled to announce the upcoming launch of Rosin Absolute, a new cannabis vape category developed... Read more
FY 2023 Revenue of $97.4 Million, Excluding Discontinued Operations
FY 2023 Adjusted EBITDA1 of $10.1 Million
Appointed Peter Kampian as Chief Financial Officer
Wholesale Revenue Growth in Massachusetts and Illinois: 42% and 75% Year Over Year
Furthers Expansion Strategy in Illinois PHOENIX, April 15, 2024 /CNW/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF)... Read more
Gross Revenue Outperforms Guidance: Achieved $8.9 million in Gross Revenues, outperforming the guidance range of $8.2 million to $8.7 million.
Trending Revenue Growth: Record Net Revenue increased 15% to $8.1 million.
International Expansion Surge: Global sales increased 21% to a record of $3.3 million, underscoring strong demand for Avant's premium products internationally.
Enhanced Profitability:... Read more
TROY, Mich., April 15, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced financial results for the fiscal year ended December 31, 2023. During the quarter ended December 31, 2023, the Company achieved its first positive quarterly net income... Read more
Las Vegas, Nevada--(Newsfile Corp. - April 15, 2024) - CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE: CLSH), the ''Company'' or ''CLS,'' a diversified cannabis company operating as Cannabis Life Sciences, today announced its financial results for the quarter ending February 29, 2024, and provided a detailed industry analysis in a statement from Chairman and CEO, Andrew Glashow.
CEO Andrew Glashow Shares... Read more
London, United Kingdom--(Newsfile Corp. - April 12, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, announces its plans to enter the blockchain and artificial intelligence sector of the cannabis industry.
With an increasingly complex and global supply chain for the international cannabis industry, the Company believes companies and consumers... Read more
Achieved adjusted gross profit margin1 of approximately 51% in Q4 FY2023 and 52% in FY2023
Operating Expenses decreased approximately 19% in Q4 FY2023 and 21% in FY2023
Increased annual adjusted gross profit1 by 6%
Launched wholesale offering in Vermont to capitalize on increase in licensed retail businesses Toronto, Ontario--(Newsfile Corp. - April 12, 2024) - SLANG Worldwide Inc. (CNSX:... Read more
Kona Gold Beverages & Apple Rush Co. Execute Joint Venture & Manufacturing Agreement
Lena Brewing to Co-Pack Highly Anticipated Products for Kona Gold Beverages MELBOURNE, Fla., April 11, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a prominent holding company specializing in cutting-edge product development within the better-for-you and functional beverage sector,... Read more
London, United Kingdom--(Newsfile Corp. - April 11, 2024) - On April 1, 2024, Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, completed the transaction with SOMAÍ Pharmaceuticals Ltd. (the "Buyer") for the sale of RPK, its indirect wholly-owned Portuguese subsidiary.
Pursuant to the provisions set forth in the definitive share purchase agreement,... Read more
Fort Lauderdale, Florida--(Newsfile Corp. - April 11, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world, is pleased to announce it has entered an exclusive distribution agreement with Me Raw Trade Ltd. ("Me Raw") to distribute... Read more
NORWOOD, Mass., April 11, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced the closing of its acquisition of Allgreens Dispensary, LLC on April 9, 2024. The approval of the license transfer by the Illinois Department of Financial & Professional Regulation, and subsequent... Read more
TEL AVIV, Israel, April 11, 2024 (GLOBE NEWSWIRE) -- SciSparc Ltd. (Nasdaq: SPRC) ("Company" or "SciSparc"), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders and rare diseases of the central nervous system, announced today that it signed a merger agreement (the “Agreement”) with AutoMax Motors Ltd. (“AutoMax”), a leading vehicle... Read more
VANCOUVER, BC and LAS VEGAS, NV / ACCESSWIRE / April 11, 2024 / (CSE:OVAT)(OTCQB:OVATF) - Ovation Science Inc. ("Ovation" or the "Company"), with its patented topical and transdermal cannabis products powered by its skin delivery technology Invisicare®, is pleased to announce the signing of an exclusive licensing agreement for Ovation's products for Canada with Ripco Processing Inc. ("Ripco"); a... Read more
VANCOUVER, British Columbia and ORLANDO, Fla., April 11, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” and “Company”) (NASDAQ: VFF) has gained national market share for eight consecutive months, making it the fastest growing producer among the top five licensed producers in Canada.1 According to provincial data, the Company has also regained the #1 licensed producer... Read more
Fort Lauderdale, Florida--(Newsfile Corp. - April 10, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world, has entered into a strategic distribution agreement with IM Cannabis Corp. ("IMC") for Vessel products in Israel. Vessel... Read more
TORONTO, April 10, 2024 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing, and commercialization of plant-derived cannabinoid-based products is pleased to announce the completion of its observational real-world evidence (“RWE”) study using RHO Phyto branded cannabigerol... Read more
NORWOOD, Mass., April 10, 2024 (GLOBE NEWSWIRE) -- Leading multi-state cannabis operator MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD) today announced a historic marketing partnership with two iconic venues in Boston, the MGM Music Hall Fenway and Citizens House of Blues Boston. This groundbreaking partnership marks Nature’s Heritage as the Exclusive Cannabis Sponsor, elevating the brand... Read more
NORWOOD, Mass., April 09, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed,” “the Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced the closing of its acquisition of the operating assets of Our Community Wellness & Compassionate Care Center, Inc. ("Medleaf") in Prince George's County, Maryland on April 5th.... Read more
Achieved Net Revenue of $188 Million, ~ 30% Net Revenue Growth Over the Prior Year Quarter
Beverage-Alcohol Net Revenue Increases 165% Over the Prior Year Quarter, 5th Largest Craft Beer Brewer in the U.S.1 with 4.5% Craft Beer Market Share
Global Cannabis Net Revenue Increases 33% with International Cannabis Growth of 44% Over the Prior Year Quarter, #1 Market Share in Canada and #1 Market Share... Read more
Denver, Colorado--(Newsfile Corp. - April 9, 2024) - CBD of Denver, Inc. (OTC Pink: CBDD) today announced that its revenue for the first quarter of 2024 was approximately $1,116,300.00 USD. Of this, Libra 9 GmbH contributed approximately $175,600.00 USD, while Luxora was responsible for approximately $940,700.00 USD. This represents a revenue growth of close to 300 percent compared to Q1 2023, which... Read more
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company") a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced that it has completed the acquisition (the "Property Acquisition") of real property associated with a cannabis dispensary in Athens, Ohio as part of the previously... Read more
VANCOUVER, BC / ACCESSWIRE / April 8, 2024 / 1933 Industries Inc. (the "Company" or "1933 Industries") (CSE:TGIF)(OTCQB:TGIFF), a Nevada-focused cannabis cultivator and producer, is pleased to announce that its wholly owned subsidiary, FN Pharmaceuticals, has entered into a Membership Interest Purchase Agreement (the "Agreement") to acquire from the Company's Executive VP and General Counsel, Caleb... Read more
TAMPA, Fla., April 05, 2024 (GLOBE NEWSWIRE) -- Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced the opening of its first location in Daytona Beach, marking the company’s 35th dispensary in Florida. Patients with a valid medical marijuana card and ID can... Read more
TORONTO, April 04, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray") (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis lifestyle and consumer packaged goods company, through its wholly-owned licensed subsidiaries, Aphria Inc., Hexo Operations Inc., and Truss Beverages Company Limited, announces its latest product lineup and 420 celebratory activations across Canada.
Tilray’s cannabis... Read more
Already the Second Largest Cannabis Retailer in North America by Store Count, The Company Now Becomes the Largest Cannabis Retailer in Canada's Fastest Growing City CALGARY, AB, April 4, 2024 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis,... Read more
