Press Releases

Organigram Provides Update on COVID-19 Corporate Action Plan and Timing for Q3 Results

MONCTON, New Brunswick–(BUSINESS WIRE)—- $OGI–Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI) provides a corporate update on recent developments of the Company in relation to the worldwide COVID-19 pandemic and the continuing evolution of the Canadian cannabis industry. Staffing Changes In an effort to better align its production capacity to prevailing market conditions, Organigram has reduced its…

This Cannabis Stock Trend May Hold Clues to the Industry’s Future

There’s been some significant buyer’s remorse of late in the cannabis industry, with would-be acquirers backing out of deals or amending them. It’s not uncommon for such deals to change between the time they’re proposed and the day they close, but the frequency at which that’s happening in the cannabis industry is raising eyebrows among investors. On June 25, Canopy Growth (NYSE:…

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Closes June with Continued Sales Momentum, Posting Second-Best Week in Its History

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it closed out the month of June with continued sales momentum, posting its second-best week in Company history, with over $550,000 in sales of cannabis products (an annualized pace of better than $28 million). “It’s no surprise that we keep setting or closing in…

PSYC CEO Ms. Vanessa Luna Resigns Making Way For New Leadership

SAN DIEGO, July 02, 2020 (GLOBE NEWSWIRE) — Global Trac Solutions, Inc. (OTCPink: PSYC) (“Global” “PSYC” or the “Company”) would like to announce to its valued share and stakeholders that Ms. Vanessa Luna has effectively resigned from her role as Chief Executive Officer/ Chairman of the Company which includes the Company’s wholly-owned subsidiary MTrac Tech Corporation (“MTrac”) effective at the…

CannabisNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars Achieves Another Breakout Month With Record Growth in Every Metric

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today provided current and prospective shareholders with BudCars performance data for the month of June. According to the update, BudCars achieved total sales of $502,903 in June, representing 36% sequential monthly top-line growth, with total sales and profits now growing by more than 30% m/m for the third consecutive…

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) Appoints Current Board Member as EVP of Mergers and Acquisitions

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced the appointment of Themistocles (Tim) Psomiadis as Executive Vice President of Mergers and Acquisitions. A member of MCOA’s Board of Directors since February 28, 2020, Psomiadis will be instrumental in the implementation of the Company’s strategy of accelerating growth through key acquisitions. “The addition of Tim…

Cresco Labs Closes Sale-and-Leaseback for Massachusetts Facility and Expands Real Estate Partnership with Innovative Industrial Properties

CHICAGO–(BUSINESS WIRE)–Cresco Labs Closes Sale-and-Leaseback for Massachusetts Facility and Expands Real Estate Partnership with Innovative Industrial Properties READ MORE: http://www.businesswire.com/news/home/20200701005312/en/Cresco-Labs-Closes-Sale-and-Leaseback-Massachusetts-Facility-Expands/?feedref=JjAwJuNHiystnCoBq_hl-W8j9Oi60kFTomUxRDB8jhB7TDOU5CqE9t5WwBA1inzlrCOi9QzgjCezTS3Nw_X6kJUrpSBm-Hav1w-UkdSlG3kCXJZE-1b1nXn968wYfofVIbE9ZC1pD3bt6lQgRU5j6g==

Sugarmade Announces June Performance, Record Growth in Every Metric, Annualized Sales Pass $6M

NEW YORK, July 01, 2020 (GLOBE NEWSWIRE) — via NetworkWire – Sugarmade, Inc. (OTCQB:SGMD) (“Sugarmade”, “SGMD”, or the “Company”), and its BudCars Cannabis Delivery Service (“BudCars”), is pleased to provide current and prospective shareholders with BudCars performance data for the month of June, which featured over $500K in total sales, representing 36% sequential monthly top-line growth, with total sales and…