Ancillary Cannabis Index Declines 10.6% in November

Following up on our discussion earlier this year about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the end of March. The index has outpaced the overall market since the launch, but in November it fell more than than the New Cannabis Ventures Global Cannabis Stock […]

American Cannabis Operator Index Outperforms Broader Sector as It Declines 7%

After underperforming the cannabis sector in October, the American Cannabis Operator Index fell for the ninth straight month after having scored five straight monthly gains, declining 7.0% to 44.75: During Q3, the index lost 22.8%, and it is down 17.8% so far in Q4. After gaining 45.7% in 2020, when it ended at 63.05, the index is […]

Artisanal Cannabis Extraction – An Interview with Precision Founder Nick Tennant

In this article, Aaron Green interviews Nick Tennant, SVP of Innovation at Precision Extraction Solutions, a division of Agrify (NASDAQ: AGFY) to learn more about Precision’s recent acquisition and trends in cannabis extraction.

The post Artisanal Cannabis Extraction – An Interview with Precision Founder Nick Tennant appeared first on Cannabis Industry Journal.

Organigram’s New CEO Looks to Drive Continued Growth in the Canadian Retail Cannabis Market

  Exclusive Interview with Organigram CEO Beena Goldenberg Beena Goldenberg is approaching 90 days as the CEO of Organigram (NASDAQ: OGI) (TSX: OGI). While some other Canadian LPs are shutting down facilities, Organigram is in the process of expanding to keep up with customer demand. Goldenberg spoke with New Cannabis Ventures about the company’s current […]

The Parent Company Adds to Senior Leadership

The Parent Company Announces Tiffany McBride as Managing Director of Social Equity Ventures and Kerry Arnold as Chief People Officer Appointments Further Efforts to Build an Equitable and Inclusive Cannabis Industry and Company Culture SAN JOSE, Calif., Nov. 30, 2021 /PRNewswire/ – TPCO Holding Corp. (“The Parent Company” or the “Company”), a leading vertically-integrated California […]

Greenlane Closes Acquisition of Portable Vaporizer Manufacturer DaVinci

Greenlane Completes Acquisition of DaVinci, Strengthening Portfolio of Higher-Margin Proprietary Owned Brands Company’s Owned Brands Portfolio Expands to Nine Higher-Margin Ancillary Brands Company Reiterates Targets of $70 Million and $100 Million for Greenlane Brands Revenue for 2022 and 2023, Respectively, with Expected Gross Margins in Excess of 45% BOCA RATON, FL / ACCESSWIRE / November […]

Humble & Fume Names Jakob Ripshtein Chairman of the Board

Humble & Fume Inc. Appoints New Chairman of the Board: Jakob Ripshtein, CEO of Perennial Brands Inc Jakob Ripshtein is the former President of Aphria Inc. and Diageo Canada. Mr. Ripshtein brings a wealth of experience and knowledge of the cannabis and beverage alcohol market, including finance, sales and supply chain logistics. TORONTO, Nov. 30, 2021 /PRNewswire/ […]

Harborside Inc. Announces a Private Placement of Equity Units of up to US$10 Million Concurrently with Announcement of M&A Transactions

Strong Support from Existing Investors to Support the Pro-Forma Combined Company Following the Concurrent M&A Transactions OAKLAND, Calif. and TORONTO, ON, Nov. 29, 2021 /CNW/ – Harborside Inc. (“Harborside”, or the “Company”) (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, today announced a non-brokered private placement of units (the “Units”) of the Company (the […]

Harborside to Combine with Urbn Leaf and Loudpack to Create StateHouse Holdings

Harborside Announces Business Combination with Urbn Leaf and Loudpack Creating StateHouse Holdings, a Leading California Cannabis Company – Urbn Leaf CEO Ed Schmults to be named CEO of StateHouse – – Vertically integrated with a fully installed and operational platform to consolidate the California cannabis sector – – US$77.3 million in rollup debt financing expected […]

Cannabis REIT Chicago Atlantic Sets Pricing Range for NASDAQ IPO

Chicago Atlantic Announces Proposed Initial Public Offering CHICAGO, Nov. 29, 2021 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (“Chicago Atlantic”), a commercial real estate finance company that intends to elect and qualify to be taxed as a REIT under Section 856 of the Internal Revenue Code of 1986, today announced the filing of […]