Investing

Namaste Technologies Announces Proposed Transaction to Take Ownership of CannMart Labs to 100%

~Namaste to acquire remaining 49% of CannMart Labs as it works through the final phase of its application for a processing licence from Health Canada~ TORONTO, Nov. 18, 2020 /CNW/ – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), a leading platform for cannabis products, accessories, and education, is pleased to announce it has entered into a share purchase agreement…

Green Thumb Industries Reports Revenue of $157.1 Million and Positive Net Income of $9.6 Million or $0.04 Per Share for Third Quarter 2020

Adjusted Operating EBITDA increased 50 .2 % to $53 .2 million , or 3 3.9 % of revenue , quarter-over-quarter driven by continued operational scale and increased operating leverage R evenue increased 31 .3 % quarter-over-quarter and 1 31 .1 % year-over-year to $157 .1 million N ew milestone of positive net income of $ 9.6 million or $0.0 4 per basic and diluted share P ositive cash flow from operations for the third consecutive quarter Strong balance sheet and financial flexibility will support continued growth in 2021 CHICAGO and VANCOUVER, British Columbia, Nov. 11, 2020…

WeedMD Enters into Binding Term Sheet for $30 Million Credit Facility with LiUNA Pension Fund and Changes Filing Date of Second Quarter 2020 Financials to September 30, 2020

Non-dilutive financing to fund continued growth including accelerating sales of Color Cannabis adult-use products and Starseed’s unique medical service offerings to payor groups and patients Company financials will now be filed on September 30, 2020 with management–hosted earnings call on October 1, 2020 at 10 a.m. EST TORONTO, Sept. 23, 2020 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a…

FSD Pharma Announces Phase 2 Clinical Trial IND Filing With The FDA to Treat Patients With COVID-19

– The study is expected to be conducted at 25-30 hospitals in North America – August 31, 2020 02:30 AM Eastern Daylight Time TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (Nasdaq: HUGE) (CSE: HUGE.CN) (“FSD Pharma” or the “Company”) today announced that it has submitted to the U.S. Food and Drug Administration (“FDA”) an Investigational New Drug Application (IND) for the use of FSD201 (ultramicronized…

Village Farms International’s Cannabis Joint Venture Pure Sunfarms Begins Shipping Cannabis 2.0 Products and Bottled Oils

– Pure Sunfarms’ Full Spectrum Vapes in 510 Thread Cartridges and Pure Sun CBD Oil to be Available to Consumers in British Columbia in the Coming Days, with Ontario and Alberta to Follow – VANCOUVER, BC, Aug. 25, 2020 /CNW/ – Village Farms International, inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) (TSX: VFF) today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has begun…

Liberty Health Sciences Announces Strategic Partnership with Seed Junky™ Genetics to Bring Unique Cannabis Strains to Florida

TORONTO, Aug. 17, 2020 /CNW/ – Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) www.libertyhealthsciences.com (“Liberty” or the “Company”), a provider of high-quality cannabis, announced today a partnership with Seed Junky Genetics (SJG) www.seedjunky.com, a seasoned California-based pioneer in the cannabis industry, to sell and distribute its world-renowned and potent assortment of award-winning cannabis strains. SJG has developed an unparalleled amount of varieties of genetics and is a…

Invictus Announces Signing of a Purchase Agreement

VANCOUVER, BC, July 31, 2020 /CNW/ – Invictus MD Strategies Corp. (NEX: GENE.H) (the “Company“) announced that it has received both creditor and Court approval of the investment agreement for the sale of its wholly-owned subsidiary, Acreage Pharms Ltd. (“Acreage“), to Acreage Developments Corp. (the “Investor“), a privately-owned company that is unrelated to the Company and its directors and officers. At a creditors’ meeting…

Village Farms International Announces Completion of the Accordion Provision of the Pure Sunfarms’ Credit Facility

— Expanded Facility Provides Additional Financial Resources and Flexibility as Pure Sunfarms Continues to Build on its Success to Date as a Leading Canadian Cannabis Producer and Brand –  VANCOUVER, BC, July 1, 2020 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) (TSX: VFF) today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has further expanded its…

Body and Mind Dispensary Grand Openings in San Diego and West Memphis and Corporate Update

VANCOUVER, BC, July 2, 2020 /PRNewswire/ – Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) (the “Company” or “BaM“), a multi-state cannabis operator, announced today details of grand opening celebrations in San Diego and West Memphis and provides a corporate update. “We are excited to have grand opening celebrations at our newest dispensaries and our strategy of measured growth while diversifying across limited license jurisdictions has enabled us…

High Times Enters into Agreement to Acquire California Cannabis Delivery Service Mountain High

June 30, 2020 08:30 ET | Source: Hightimes Holding Corp. Cannabis’s Title Brand Will Be Able to Deliver Products in the World’s Premiere Market Los Angeles, June 30, 2020 (GLOBE NEWSWIRE) — Hightimes Holding Corp., owner of High Times®, the most well-known brand in cannabis, has announced that it has entered into an agreement to acquire Mountain High Recreation, Inc., a California-based cannabis…

Indiva Launches New CBD Products

Indiva introduces Bhang® CBD Milk Chocolate and INDIVA CBD Softgels LONDON, Ontario, June 25, 2020 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce the introduction of two new CBD offerings to its product portfolio. Bhang® CBD Milk Chocolate has shipped to provincial wholesalers in Ontario, Alberta, British Columbia, Manitoba, Saskatchewan, New Brunswick, and…

Village Farms International’s Cannabis Joint Venture Pure Sunfarms Begins Shipping Branded Products to Saskatchewan and Approved to Begin Shipments to Manitoba

— Pure Sunfarms Continues to Launch New Products, Including Pre-Rolls in Ontario and Continues to Prepare for Launch of First Cannabis 2.0 Products this Summer — VANCOUVER, BC, June 24, 2020 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) (TSX: VFF)  today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has begun shipping branded, packaged dried…