Search: Cannabis

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Announces Final Regulatory Approval for Prior Acquisition of Four California Cannabis Licenses

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced the long-awaited completion of the transfer of cannabis licenses related to strategic activity from 2019 by the state of California and the city of Los Angeles. According to the update, the company, on June 9, 2019, entered into a material definitive agreement with LW Ventures…

The Good Shroom wins approval to sell its cannabis beverages and hash products in Quebec

The Good Shroom Co Inc has announced that its wholly-owned subsidiary and licensed cannabis processor, operating as Seul CBD, has been approved by the Société Quebecoise du Cannabis to sell the company’s Velada wellness beverage brand and Nordique Royale hash brand in the Canadian province of Quebec.   Good Shroom said its cannabis products are expected to be available for purchase by consumers in…

Hempsana Receives Amended Sales License Allowing Sale of Cannabis 2.0 Products

September 23, 2021 08:00 AM Eastern Daylight Time TORONTO–(BUSINESS WIRE)–Hempsana Holdings Ltd. (the “Company” or “Hempsana”) is excited to announce that the Company has received approval from Health Canada to amend their cannabis licence to authorize the activity of sale of cannabis extracts, beverages, edibles, and topical products. The amended licence will allow Hempsana to supply and sell finished cannabis…

Crain Communications Enters Cannabis WIth Acquisition of Green Market Report

By Exec Edge Editorial Staff New York based Green Market Report, launched in 2017, has been acquired by one of the world’s largest and most respected global business media conglomerates, Crain Communications. Since its inception, Green Market Report has worked to remain the most trusted business news source in cannabis media. Co-founders Debra Borchardt, Cynthia […] READ MORE: https://finance.yahoo.com/news/crain-communications-enters-cannabis-acquisition-154821272.html?.tsrc=rss

Sugarmade Inc. (SGMD) Signs Agreement to Gain Key Licenses for Planned Cannabis Delivery Expansion

SGMD anticipates using the licenses for three new vertically integrated Nug Avenue cannabis delivery hubs Each of the licenses can be used for up to three of five categories of licensed cannabis-related business activities Definitive agreement aligns with announcement that Sugarmade has acquired LA property for first of new Nug Avenue cannabis delivery hubs In its continued focus on building…

Canadian Cannabis Sales Increased 46% in July to Record $339 Million

Statistics Canada released July retail sales for the country this morning, with cannabis sales increasing from June, which had one less day. Sales of C$338.9 million, a record high, rose 6% from June, an acceleration in the sequential gains experienced over the prior three months. The record sales were up 45.6% from a year ago, the lowest […] READ MORE: https://www.newcannabisventures.com/canadian-cannabis-sales-increased-46-in-july-to-record-339-million/

Cresco Labs to Acquire Three Pennsylvania Medical Cannabis Dispensaries for $90 Million

Cresco Labs to Acquire Three High-Performing Pennsylvania Dispensaries CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today the execution of a definitive agreement to acquire 100% of the outstanding equity interests in Bay, LLC d/b/a Cure […] READ MORE: https://www.newcannabisventures.com/cresco-labs-to-acquire-three-pennsylvania-medical-cannabis-dispensaries-for-90-million/

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH), Positron Partner to Tap into Lucrative Virtual Reality Events Space

Golden Triangle Ventures (OTC: GTVH) has partnered with Positron, a leading virtual reality (“VR”) technology and entertainment company, in a five-year agreement that places it in a strong position in the VR event space. Online pay-per-view performances became an option for artists to eke out a living following the pandemic-imposed restrictions. However, a recent article, which contains excerpts from a…

CannabisNewsBreaks – RYAH Group Inc. (CSE: RYAH) to Present at Wall Street Reporter’s ‘Next Super Stock’ Livestream Conference

RYAH Group (CSE: RYAH) today announced that its Chief Executive Officer Gregory Wagner will be presenting at Wall Street Reporter’s “Next Super Stock” livestream conference on Thursday, Sept. 23, 2021. The online event is expected to give the investment community and existing shareholders an opportunity to interact in real time with Wagner and learn about the company and its operations.…

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Announces US$100M Green Bond Offering

Green Hygienics Holdings (OTCQB: GRYN), an innovative, technology-driven enterprise focused on the high-standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids, today announced the offering of a green bond exclusively in Europe (the “offering”) in the principal amount of US$100 million. According to the update, the offering is issued for a five-year term with a yield…

BC’s Jima Cannabis rolls into Ontario, acquiring High Tea brand and stores

Jima Cannabis (“Jima”), a BC-based, recreational cannabis retail brand with one store in Abbotsford, B.C., and four more opening soon in the province, has made a big splash by acquiring Ontario-based retailer, High Tea Cannabis Co. (“High Tea”). With AGCO approval of the deal through parent company T-CANN Retail Ltd., Jima is now a multi-location, national cannabis brand with a…

Leading Cannabis Innovator Sees 50% Growth in a Busy September

In mid-September, the innovator of ethnobotanical and cannabis science products recorded a preliminary unaudited provincial wholesale sell-through in August 2021 of nearly $1.7 million. This represents a 27% increase over the prior three-month average and puts year-to-date brand sales for the first eight months of 2021 at approximately $8.7 million compared to $6.7 million for all of 2020. Driven by product…