Search: Cannabis

A Massive Swing in Cannabis Sector Sentiment

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Subscribe to receive our free weekly newsletter in […] READ MORE: https://www.newcannabisventures.com/a-massive-swing-in-cannabis-sector-sentiment/

This Cannabis Industry Lender Plans to Deploy $200M by the End of 2021

Exclusive Interview with Chicago Atlantic Group Principal John Mazarakis Strategic capital provider Chicago Atlantic Group is working to create a successful debt brand in the cannabis space. Since inception 18 months ago, the direct lender has committed more than $60 million in loans. Principal John Mazarakis spoke with New Cannabis Ventures about the Chicago Atlantic […] READ MORE: https://www.newcannabisventures.com/this-cannabis-industry-lender-plans-to-deploy-200m-by-the-end-of-2021-chicago-atlantic-capital/

420 with CNW – Senate Bill Seeks to Legalize and Tax Cannabis Like Tobacco

So far, 2020 has been pretty rough on drug reform initiatives. Marijuana legalization activists in states like Idaho and Florida have had to postpone their legalization activities after the coronavirus pandemic made signature collection almost impossible and kept lawmakers occupied with more urgent issues. However, the push for federal marijuana reform received a massive boost after a Democratic Senator filed…

CannTrust cannabis licences reinstated after year of turmoil

“Our licence reinstatement is the result of an enormous amount of hard work by the CannTrust team,” says CEO Greg Guyatt Embattled Canadian cannabis producer CannTrust announced Wednesday morning that its Vaughan manufacturing facility has had its licence restored, according to a press release. The re-licensed producer attributes its reinstatement to has “working diligently to resolve regulatory deficiencies within its…

Heritage Cannabis to Acquire Colorado-based Opticann Inc.

Toronto, ON – TheNewswire – August 5, 2020 – Heritage Cannabis Holdings Corp. (CSE: CANN) (CNSX:CANN.CN) (OTC : HERTF) ( “Heritage ” or the “Company “), today announced that it has entered into an agreement (the ” Agreement “) to acquire all of the issued and outstanding equity of Opticann Inc., ( “Opticann” ), a Colorado based oral and topical cannabinoid company with…

SiliCycle receives its cannabis processing license from Health Canada

QUEBEC CITY, Aug. 5, 2020 /CNW Telbec/ – Senior management of SiliCycle is pleased to have taken a new step towards the commercialization of purified extracts of various cannabinoids with the obtention of its cannabis processing license from Health Canada. The Quebec-based company can thus move forward to transform the biomass of hemp and cannabis into pure, high-quality extracts. The authorization provided by Health…

CannabisNewsBreaks – Sugarmade Inc.’s (SGMD) Cannabis Delivery Service Reports Highest Performance to Date

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has released its July financial report, including record performance numbers for BudCars, the company’s newest acquisition. The cannabis delivery service organization reported more than $660,000 in total gross sales, which represented a 32% sequential monthly top-line growth. The report also included other performance highlights. “Last month featured strong growth in basically every…

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) to Release Q2 Results, Host Conference Call

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced that it will release its first quarter financial results following the market close on the evening of Wednesday, August 12, 2020. In addition, the company will hold a conference call with analysts beginning at 9:00 a.m. Eastern Time on Thursday, August 13,…

Innovation and Geographic Expansion Are Fueling the Growth at Colorado Cannabis Company Wana Brands

Exclusive Interview with Wana Brands Co-Founder and CEO Nancy Whiteman When Wana Brands Co-Founder and CEO Nancy Whiteman spoke with New Cannabis Ventures in 2018, her company had a dominant share in its home state of Colorado and it was expanding to more markets. Now, the company is maintaining that momentum and expects to be […] READ MORE: https://www.newcannabisventures.com/innovation-and-geographic-expansion-are-fueling-the-growth-at-colorado-cannabis-company-wana-brands/

Cresco Labs Opens 9th Illinois Cannabis Dispensary

Cresco Labs Announces the Opening of Sunnyside Schaumburg, Creating the Largest Retail and Cultivation Footprint in Illinois Cresco achieved a record share of Illinois adult-use retail market in July CHICAGO-August 06, 2020-(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced the […] READ MORE: https://www.newcannabisventures.com/cresco-labs-opens-9th-illinois-cannabis-dispensary/