Charlotte’s Web Poised for Canadian Expansion

Charlotte’s Web Holdings announced this week that they have just been approved for registration on Health Canada’s list of approved cultivars for 2021, allowing the company to bring their proprietary high-CBD strains into the country.

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Canopy Growth Signs U.S. Distribution Deal

The foot-in-the-door agreement between Canopy Growth and Southern Glazer’s Wine & Spirits will allow Canopy Growth to distribute their CBD beverage portfolio in the United States, also signaling the benefits of their relationship with Constellation Brands coming to life.

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Cresco Labs Announces the Appointment of Tarik Brooks to Its Board of Directors and the Retirement of Dominic Sergi

CHICAGO-April 22, 2021-(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or the “Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced an additional refreshment of its board of directors to further strengthen its leadership in the cannabis industry. Appointment of Tarik Brooks Cresco Labs has appointed Tarik […]

Verano Holdings to Invest $115.5 Million in Acquisitions for Pennsylvania Expansion

Verano to Add Cultivation and Fortify Retail Capacity in Pennsylvania Adds cultivation and production in Pennsylvania, with an active and completely built-out, state-of-the-art 62,000 sq. ft. indoor facility in the country’s fifth most populous state. Gives the Company the ability to further develop its retail footprint with equity in a permit to open six dispensaries, […]

Clean Green Farming is Good for Cannabis

In this piece, Khalid-Al Naser makes his case for how Clean Green farming practices with regenerative and sustainable agriculture operations are beneficial for the cannabis industry.

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Ayr Wellness Celebrates 4/20 With Record Sales

Over 14,200 Transactions Processed, Generating US$1.2 Million in Daily Sales TORONTO, April 21, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr,” “Ayr Wellness,” “we,” “us,” “our,” or the “Company”), a vertically-integrated cannabis multi-state operator (MSO), celebrated the 420 Holiday with retail sales records across its six-state footprint. Nevada, Massachusetts and Pennsylvania […]

The Valens Company Increases Domestic Reach with Distribution Agreement with Yukon Territory

Valens can now ship products to five provinces and one territory in Canada KELOWNA, BC, April 21, 2021 /PRNewswire/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company,” “The Valens Company” or “Valens”), a leading manufacturer of cannabis products, today announced its entry into the Yukon market with a cannabis purchase and sale […]

Dama Financial Raises $12.6 Million to Expand Financial Solutions Offerings to Cannabis Operators

Dama Financial, the Leading Provider of Access to Banking and Financial Solutions for Cannabis Businesses, Announces the Completion of $12.6 Million Growth Equity Raise Dama will leverage the new round of investment to accelerate its already impressive growth, continue to address the lack of financial service products being offered to the cannabis industry, recruit top […]

General Cannabis to Buy Multi-State Retailer Trees for $39.5 Million

General Cannabis to Create Retail Footprint by Acquiring Trees Dispensaries Once complete, the acquisition will add 2 retail locations in Colorado and 3 in Oregon, bring on a seasoned retail team, and create vertical integration in Colorado. Upon closing, consolidated revenue is expected to triple. The Company expects to be cash flow positive as all […]

Michigan Cannabis Sales Soar 179% to Record $146 Million in March

During March, Michigan cannabis sales increased 179% from a year ago to $145.8 million, a 39% increase from February, which had 3 fewer days in the month, reaching a new all-time high: The Michigan Marijuana Regulatory Agency breaks out sales by medical and adult-use, with medical sales improving 59% from a year ago to $50.7 million and adult-use sales […]