Tag: news

Up Cannabis Announces Supply Agreement with Cannabis NB

Up Cannabis Adds New Brunswick as Eighth Province for Distribution TORONTO, March 25, 2019 /CNW/ – Newstrike Brands Ltd. (TSX-V:HIP) announced that Up Cannabis Inc. (“Up Cannabis”), its wholly-owned subsidiary, has entered into an agreement with Cannabis NB as a licensed producer to supply cannabis. “We are very excited to announce this partnership with Cannabis NB,” said Jay Wilgar, CEO of both Newstrike and Up…

Curaleaf Reports Fourth Quarter and Full Year 2018 Financial and Operational Results

Reported Managed Revenue([1]) of $87.8 Million in Full Year 2018 and $34.9 Million in Fourth Quarter through Continued Expansion of Market-Leading Operational Footprint Demonstrated Managed Revenue Growth of 209% Year-over-Year and 43% Growth Quarter-over-Quarter Reached Total Revenue of $77.1 Million in Full Year 2018 and $32.0 Million in Fourth Quarter Reiterated Full Year 2019 Managed Revenue Guidance of $400 Million WAKEFIELD,…

emblem

Emblem Corp. Shareholders Approve Proposed Arrangement with Aleafia Health

TORONTO, ON, March 6, 2019 – Emblem Corp. (TSXV: EMC, OTCQX: EMMBF)  is pleased to announce that, at the special meeting of shareholders of Emblem held today, the shareholders of Emblem voted in favour of a special resolution to approve the proposed arrangement involving Emblem and Aleafia Health described in the joint press release issued by Emblem and Aleafia on…

Namaste Technologies Announces Auditor Resignation and Provides Corporate Update

Toronto, Canada, March 5, 2019 – Namaste Technologies Inc. (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) confirmed today that PricewaterhouseCoopers, LLP  will no longer be acting as the Company’s auditor. The Company’s audit committee and board have accepted PwC’s resignation and are in advanced discussions with potential successor auditors, one of whom is in the final stages of its client acceptance process.…

iAnthus Opens Flagship Citiva Dispensary in Brooklyn

First Dispensary Serving Borough of 2.6 Million People NEW YORK , Jan. 7, 2019 /CNW/ – iAnthus Capital Holdings, Inc. (“iAnthus”), (IAN.CN) (ITHUF), which owns, operates, and partners with best-in-class regulated cannabis operations across the United States , is pleased to announce that it has opened its first and flagship dispensary in New York on December 30, 2018 . The…

Canada’s Aurora Cannabis buys Mexico’s Farmacias Magistrales

Associated Press Associated PressDecember 10, 2018 MEXICO CITY (AP) — Aurora Cannabis Inc. of Edmonton, Alberta, said Monday it has signed a letter of intent to acquire all outstanding shares of Mexico’s Farmacias Magistrales SA. Farmacias Magistrales is a Mexican importer of raw materials containing THC, the active ingredient in marijuana. It will distribute medical cannabis products containing over 1…

KUSHCO HOLDINGS REPORTS FISCAL YEAR 2018 RESULTS

GARDEN GROVE, Calif., November 26, 2018 – KushCo Holdings, Inc. (OTCQB: KSHB) (“KushCo” or the “Company”), the parent company of innovative industry leaders such as Kush Supply Co., Kush Energy, The Hybrid Creative, and Koleto Packaging Solutions, which provide a range of services and products for a variety of industries including the regulated cannabis and CBD industries, today reported financial…

Frank MacMaster, President and Head Grower, Highland Grow

Biome Grow Closes Fundamental Change Transaction

Pictured above, Frank MacMaster, President and Head Grower, Highland Grow, one of Biome’s four wholly-owned subsidiaries Vancouver, B.C., October 4, 2018 – Biome Grow Inc. (formerly Orca Touchscreen Technologies Ltd.) (the “Company” or “Biome”) is pleased to announce the completion of its previously announced three-cornered amalgamation transaction (the “Transaction”) with Cultivator Catalyst Corp. (“CCC”) and 1151856 B.C. Ltd. (“Orca Sub”). Pursuant…

Rumors of a Crop Failure at Canopy’s Aldergrove, BC Facility

A 2-second video clip of a greenhouse containing what appears to be brown and dead cannabis plants has the internet trading rumors about a crop failure at a facility belonging to Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC).   Brandon A. Dorfman of Potnetwork reported today that Canopy suffered a “total crop failure” at their Aldergrove, B.C. greenhouse facility.  The company denied these…

DEA Greenlights Epidiolex. What’s Next for CBD and the Cannabis Industry?

Eric Sandy, Cannabis Business Times Distribution Grower/Agriculture Infused Products Medical News Politics September 28, 2018 – This week, the Drug Enforcement Administration placed Epidiolex, a drug that includes cannabis-derived compounds—specifically, cannabidiol (CBD)—in Schedule V, a far less restrictive oversight category than CBD’s Schedule I classification. Following the drug’s recent approval from the Food and Drug Administration, this news allows Epidiolex to be sold to the public. Manufacturer…

Aphria Signs Supply Agreements with all Provinces and Yukon

LEAMINGTON, ON , Sept. 20, 2018 /CNW/ – Aphria Inc. (“Aphria” or the “Company”) (TSX: APH and US OTC: APHQF) today announced they have signed supply agreements with official distributors in all ten provinces and one territory to provide high-quality, branded cannabis products for the adult-use market across the country come recreational cannabis legalization on October 17 th. With 28…

Coca-Cola and Aurora. Is it the Real Thing?

BNN Bloomberg reported this morning that the Coca-Cola Company (NYSE:KO) is in “serious talks” with Aurora Cannabis, a Canadian LP regarding the development cannabis-infused drinks, according to sources close to the discussions.  Numerous news outlets in and out of the cannabis space have been working to confirm the story, which according to some sources, Coca-Cola denies. “We have no interest…