Search: Retail

DELTA 9 ENTERS INTO AGREEMENT TO ACQUIRE SASKATCHEWAN RETAIL CANNABIS STORE

WINNIPEG, Manitoba, Oct. 19, 2020 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”) is pleased to announce that it has entered into an asset purchase agreement (the “Purchase Agreement”) to acquire from Auxly Cannabis Group Inc. and Kolab Project Inc. (collectively the “Vendors”) all or substantially all of the Vendors’ assets relating…

Fire & Flower Announces Acquisition of Three Cannabis Retail Stores in the Greater Toronto Region

TORONTO, Oct. 15, 2020 /CNW/ – Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) and its wholly-owned subsidiary Fire & Flower Inc. (collectively, “FFHC”, “Fire & Flower” or the “Company”) today announced that it has entered into a definitive agreement to acquire all of the issued and outstanding shares of 2673801 Ontario Inc., which […] READ MORE: https://www.newcannabisventures.com/fire-flower-announces-acquisition-of-three-cannabis-retail-stores-in-the-greater-toronto-region/

CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Expands Flagship Brand to Fill the Void in Club Market, Specialty Retailers

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced that its new 2-liter six-pack packaging for its flagship brand, Alkaline88(R), will now be carried by HomeGoods stores across 500 nationwide locations. “We are excited to announce that our new 2-liter six-pack offering for our core brand,…

CBD Retailer cbdMD Pre-Announces Fiscal Q4 Revenue at $11.5-11.7 Million

cbdMD Reports Preliminary Fourth Quarter and Fiscal 2020 Results Year Over Year Net Sales Expected to Increase Between 76% and 77% Year Over Year Quarterly Net Sales Expected to Increase Between 21% and 23% Company Reaffirms Commitment To Reaching Positive Adjusted Operating Income In Calendar 2020 CHARLOTTE, N.C.–(BUSINESS WIRE)–cbdMD, Inc. (NYSE American: YCBD, YCBD PR […] READ MORE: https://www.newcannabisventures.com/cbd-retailer-cbdmd-pre-announces-fiscal-q4-revenue-at-11-5-11-7-million/

CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Announces Board Appointment of Seasoned Retail Veteran

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced the appointment of retail industry veteran Frank Lazaran to its board of directors, effective Oct. 8, 2020. Lazaran will serve on the company’s audit and compensation committees. Simultaneous to the appointment, Bruce Leitch has decided to step…

Stark Differences Between Canadian Cannabis Producers and Retailers Revealed in September Financial Reports

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$10 million per quarter (C$13.3 million). This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date. Companies must file […] READ MORE: https://www.newcannabisventures.com/stark-differences-between-canadian-cannabis-producers-and-retailers-revealed-in-september-financial-reports/

The AGCO begins issuing 10 cannabis Retail Store Authorizations per week

On September 1, the AGCO announced the Government of Ontario’s direction to double the pace of cannabis Retail Store Authorizations (RSA) beginning this fall, from 20 to 40 per month. The AGCO is pleased to confirm that as of September 28, it will move from issuing five to 10 RSAs each week. The AGCO has been directly contacting all affected retail store applicants to advise them of the change…

Fire & Flower Announces the Opening of its Toronto – Parkdale Cannabis Retail Store

TORONTO, Sept. 23, 2020 /CNW/ – Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) and its wholly-owned subsidiary Fire & Flower Inc. (collectively, “Fire & Flower” or the “Company”) today announced the opening of its Toronto-Parkdale cannabis retail store. The Company has received its Retail Store Authorization from the Alcohol and Gaming Commission of […] READ MORE: https://www.newcannabisventures.com/fire-flower-announces-the-opening-of-its-toronto-parkdale-cannabis-retail-store/

Cannabis Retail Can Create Value

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/cannabis-retail-can-create-value/

Dominion strike leaves central Newfoundland shoppers with no cannabis retailer

The almost four-week-old Dominion strike is turning into a major buzzkill for cannabis enthusiasts in central Newfoundland, who have been left with no retail outlets for miles. Dominion was granted the only two initial retail licenses for cannabis sales in the central part of the province, and the store’s contract dispute with Unifor Local 597 has led to the closure…

Green Cures & Botanical Distribution Signs Lease for New Retail and Manufacturing Facility

LOS ANGELES, Sept. 17, 2020 /PRNewswire/ — Green Cures & Botanical Distribution, Inc. (OTC: GRCU) (“The Company” or “Green Cures”) a manufacturer, wholesaler and distributor of hemp and CBD-infused nutritional, sports, alcoholic spirits and body care products, announces it has signed a lease for a new facility that will serve as both a retail and manufacturing center for its branded Green Cures…

Canadian Retailer Fire & Flower Q2 Revenue Increases 24% Sequentially to $28.6 Million

Fire & Flower Announces Second Quarter 2020 Financial Results – Quarterly revenue up 158% to $28.6 million EDMONTON, AB, Sept. 15, 2020 /CNW/ – Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSX: FAF) (OTCQX: FFLWF), today announced its financial and operational results for the thirteen-weeks ended August 1, 2020. Financial and […] READ MORE: https://www.newcannabisventures.com/canadian-retailer-fire-flower-q2-revenue-increases-24-sequentially-to-28-6-million/