U.S. Cannabis SPAC taps Sundial Affiliate for $103 Million in Debt Capital

Greenrose Acquisition Corp. Enters Agreements for Up to $103 Million in Additional Capital AMITYVILLE, N.Y., Aug. 05, 2021 (GLOBE NEWSWIRE) — Greenrose Acquisition Corp. (OTC: GNRSU, GNRS, GNRSW) (Greenrose), a special purpose acquisition company targeting companies in the cannabis industry, has entered into agreements for up to $103 million in capital from SunStream Bancorp (“SunStream”), […]

Jushi Holdings Inc. Announces a Series of Cannabis Brands and Product Launches in Virginia

New Suite of Concentrates, Chewables and Flower Brands to Help Meet the Commonwealth’s Growing Marketplace Demands BOCA RATON, Fla., Aug. 05, 2021 (GLOBE NEWSWIRE) —  Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced a series of upcoming launches of branded cannabis products in the Commonwealth of Virginia, […]

The Real Reason Some Industry Leaders Want Delta 8 Banned

In this op-ed, Johnson suggests cannabis industry infighting and stakeholders more concerned with profits over public health only hurts the greater cause. He thinks prohibition should be the enemy, not Delta 8.

The post The Real Reason Some Industry Leaders Want Delta 8 Banned appeared first on Cannabis Industry Journal.

Plus Products Q2 Revenue Expands 12% to Record $4.8 Million

Plus Products Achieves Record Quarterly Sales, Reports Second Quarter 2021 Financial Results SAN MATEO, Calif., Aug. 04, 2021 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”), a cannabis branded products company in the U.S., today released its unaudited financial and operational results for the three months ended June 30, […]

Innovative Industrial Properties Q2 Revenue Increases 101% to $48.9 Million

Innovative Industrial Properties Reports Second Quarter 2021 Results Investments and Portfolio Performance Drive Q2 Y-O-Y Growth of 101% in Total Revenues, 124% in Net Income and 104% in AFFO SAN DIEGO, August 04, 2021–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused […]

Jushi Holdings Inc. Appoints Brendon Lynch as Executive Vice President of Retail Operations

Mr. Lynch Brings Decades of RetaOrigil Experience Honed While Working with Companies Such as Anthropologie, Rudy’s Barbershop, TOMS, David Yurman and Gap Inc. BOCA RATON, Fla., Aug. 04, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced the appointment of Brendon Lynch […]

Ascend to Bring Lowell Smokes to Illinois on August 5

Just in Time for the Final Weeks of Summer CHICAGO, Aug. 04, 2021 (GLOBE NEWSWIRE) — Lowell Farms Inc. (CSE:LOWL; OTCQX:LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes and multi-state, vertically-integrated cannabis operator Ascend Wellness Holdings, Inc. (“AWH”) (CSE: AAWH; OTCQX: AAWH) today announced the long-awaited debut of […]

Craft Beer & Cannabis: Oskar Blues Founder Joins Veritas Fine Cannabis

Dale Katechis introduced the world to canned craft beer back in 2002. As the founder of Oskar Blues, he led the company and the country down a new path for independent craft brewers. In this piece, we sit down with Dale Katechis to learn about his new foray into cannabis and drink a few of his namesake beers, Dale’s Pale Ale.

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Fire & Flower to Buy Digital Assets From Wikileaf for $7.5 Million

Fire & Flower Announces Expanded Digital Strategy with Wikileaf Asset Acquisition and Creation of New Branded Online Dispensaries Asset light e-commerce model focuses on acquiring significant cannabis online user traffic, enrolling cannabis consumers into Spark Perks™ program, and launching branded online dispensary model in Canada and the U.S. TORONTO, Aug. 4, 2021 /CNW/ – Fire & Flower Holdings Corp.  (“Fire […]