Former Baseball Star Andruw Jones The Latest Athlete To Step Into The Cannabis Sector

Fytiko Farms plans to produce cannabis oil with low doses of THC for medical patients in Georgia. Five-time Major League Baseball (MLB) All-Star Andruw Jones is now the co-owner of a cannabis company, per the Atlanta Business Chronicle. Fytiko Farms, which also operates in Oklahoma, plans to produce cannabis oil with low doses of tetrahydrocannabinol (THC) for medical patients in Georgia. Cannabis remains illegal in the state, but medical oil is permitted as long as…

Study Examining Cannabis For PTSD In Veterans Given Green Light

The Battle Brothers Foundation said Wednesday it has obtained authorization from the national Independent Review Board for the study on the efficiency of medical cannabis in posttraumatic stress disorder (PTSD) in veterans. What Happened: For this study, the Battle Brothers Foundation, a nonprofit organization focused on providing support to veterans, will collaborate with NiaMedic, a medical data and research company. After confirming the procedures for the proposed study are ethical, the national Independent Review Board…

Valens Q4 Revenue Declines 12% Sequentially to $16 Million

The Valens Company Reports Financial Results for the Fourth Quarter and Fiscal Year Ended November 30, 2020 Strategic transformation from industry-leading extractor to largest third-party cannabis product manufacturer in Canada driving 292% Q4 2020 provincial sales growth Increased Cannabis 2.0 market share to ~4.9% in Alberta, British Columbia and Ontario based on Headset data, not […]

Innovative Industrial Properties Q4 Revenue Increases 110% to $37.1 Million

Innovative Industrial Properties Reports Fourth Quarter and Full-Year 2020 Results Acquisitions and Portfolio Performance Drive FY 2020 Y-o-Y Growth of 162% in Total Revenues, 191% in Net Income and 180% in AFFO SAN DIEGO, February 24, 2021–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange […]

Gold Flora Steps on the Gas as California Cannabis Market Accelerates

Exclusive Interview with Gold Flora CEO Laurie Holcomb Gold Flora is a vertically integrated single-state operator. The company has cultivation, manufacturing, distribution and retail operations in California. Vertical integration, including its own brand, sets the company up for growth with higher margins, according to CEO Laurie Holcomb. Holcomb spoke with New Cannabis Ventures about Gold […]

GMPs & Cannabis Manufacturing

Kathleen May, Founder of Triskele Quality Solutions, provides a roadmap to Good Manufacturing Practices (GMPs) compliance for manufacturers in the cannabis industry.

The post GMPs & Cannabis Manufacturing appeared first on Cannabis Industry Journal.

Verano Holdings Raises C$100 Million at C$28.50 in Private Placement

Verano Holdings Announces C$100 Million Bought Deal Private Placement of Special Warrants Chicago, IL, Feb. 24, 2021 (GLOBE NEWSWIRE) — Verano Holdings Corp. (“Verano” or the “Company”) (CSE: VRNO) is pleased to announce that it has entered into an agreement with Beacon Securities Limited (“Beacon”) and Canaccord Genuity Corp. (together with Beacon, the “Co-Lead Underwriters”), on […]

Ayr Wellness Announces Opening of Second Dispensary in Pennsylvania

Ayr Wellness Plymouth Meeting Grand Opening Scheduled for February 26, 2021 TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) — Ayr Wellness (CSE: AYR.A, OTCQX: AYRWF, “Ayr” or “the Company”), a leading vertically integrated cannabis multi-state operator, announced the opening of its second medical dispensary in the Commonwealth of Pennsylvania, located in the Philadelphia suburb of Plymouth […]

Australis to Buy 51% of Cannabis Facility Construction Firm for $13.7 Million

Australis Completes Definitive Agreement to Acquire 51% Stake in ALPS Accretive Transaction Delivers Revenues and Positive Contribution to AUSA EBITDA ALPS Business Accelerating – Contracts Signed in Past 5 Weeks for Total North of $5 Million ALPS Core Element in AUSA’s Unique Capital-Light Expansion Strategy Terry Booth to Take the Helm as CEO upon Closing […]