CHICAGO, Dec. 21, 2021 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (“REFI” or “the Company”), a leading institutional lender to state-licensed cannabis operators, today announced that Chicago Atlantic Lincoln, LLC (“Chicago Atlantic Lincoln”), its wholly-owned financing subsidiary, entered into an Amended and Restated Loan and Security Agreement by and among Chicago Atlantic Lincoln and two FDIC-insured financial institutions…
Flora Growth’s subsidiary, Vessel Brand, recently introduced new products for dry herb consumption and anticipates releasing additional products in 2022 FLGC acquired Vessel in a transaction that closed in November Founded in 2018, Vessel is an industry leader in the cannabis consumer technology and accessories space Flora Growth also announced a 2022 revenue guidance of $35-45 million CEO Luis Merchan…
Fire & Flower Announces Fiscal Third Quarter 2021 Financial and Operational Results Quarterly revenue increased 37% year-over-year to $45.4 million Sixth Consecutive Quarter of Positive Adjusted EBITDA of $2.1 million Hifyre™ Digital Retail and Analytics Platform generated $3.8 million in revenue for the quarter, an increase of 160% year-over-year Completed the acquisiton of PotGuide and the assets of Wikileaf […] READ MORE: https://www.newcannabisventures.com/fire-flower-q3-revenue-increases-37-to-45-4-million/
MIAMI & TORONTO–(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products, announced today 2022 revenue guidance of $35-45 Million. This incorporates revenue contributions from its various operating divisions, including recently acquired Vessel Brand and wholesale cannabis revenues from Cosechemos. Further, Flora Growth will hold a webinar on Tuesday, December…
Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is among companies welcoming Assembly Bill 45 (“AB-45”). The bill went into effect recently, creating a comprehensive regulatory framework for the manufacture and sale of hemp-derived products in California and setting a new focus on safety and consistency. Sugarmade is a California-based company that is committed to providing high-quality…
Green Hygienics Holdings (OTCQB: GRYN), an enterprise focused on the high-standard cultivation and processing of industrial hemp, is one company expected to gain from the newly signed Assembly Bill 45 (“AB45”), which is set to benefit companies that grow and produce industrial hemp. AB45 allows for hemp-derived cannabinoids, extracts and derivatives in food and dietary supplements. “The company grows its…
The 2018 U.S. Farm Bill removed “hemp” from the definition of cannabis but did not allow for inclusion of cannabidiol (“CBD”) in food or supplements Regulations will remain in terms of labeling and serving size, and they will be determined by CDPH (California Department of Public Health) Green Hygienics exclusively works with industrial hemp and stands to benefit from the…
October 12, 2021 07:05 AM Eastern Daylight Time DENVER–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company offering premium probiotic supplements and products containing CBD, applauds California’s Assembly Bill 45 permitting the retail sale of products containing hemp-derived extracts and CBD. The Company and its family of brands plans to immediately expand its already…
TerrAscend to Acquire Gage Cannabis Establishes Leading Presence in Michigan, the Third Largest U.S. Cannabis Market Combines Industry Leading Retail, Cultivation and Operations Teams Across 7 Cultivation Facilities and 23 Operational Retail Locations in 5 States The Gage Brand, One of the Most Influential and Innovative in Michigan, to Be Featured Across TerrAscend’s Current and […] READ MORE: https://www.newcannabisventures.com/terrascend-to-buy-michigan-cannabis-operator-gage-growth-for-545-million-in-stock/
-New Greenhouse to begin yielding product by year end 2021- -Acquisition adds near term cultivation capacity while company looks to bring on line its 114,0000 square foot facility in Sanderson Florida – TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (“RWB” or the “Company”), a multi-state cannabis operator and house of…
Khiron Life Sciences Announces Terms of Overnight Marketed Offering TORONTO, July 6, 2021 /CNW/ – Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN) (OTCQX: KHRNF), is pleased to announce that, in connection with its previously announced overnight marketed offering, A.G.P./Alliance Global Partners (“AGP”) (the “Placement Agent” or “AGP”) has agreed to sell 27,435,000 […] READ MORE: https://www.newcannabisventures.com/khiron-launches-12-4-million-capital-raise-at-0-45-per-unit/
Jushi Holdings Inc. Reports Fourth Quarter and Full Year 2020 Financial Results and First Quarter 2021 Financial Results Jim Cacioppo, the CEO, Chairman and Founder of Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, provides a detailed operational update on the Company’s recent activities and progress, […] READ MORE: https://www.newcannabisventures.com/jushi-projects-q2-revenue-to-increase-to-45-48-million/