A Vertical Cannabis Company in the Making
Robin Lefferts March 18th, 2022 Exclusive, Top News In the cannabis industry there are several business models that may make sense, depending on a company’s capabilities, people, and markets. There are wholesalers, distributors, retailers, propagators, brand houses, laboratories, multi-state operators … the list goes on. If a company puts... Read more
Jointly Raises $5 Million in Seed Funding
Ryan Allway March 17th, 2022 News, Top News Jointly, the cannabis wellness company, announced today that it has completed a $5 million round of seed funding to deliver on its goal of helping people discover the benefits of purposeful cannabis consumption. This first round of outside financing was raised via the... Read more
Eco Innovation Group Receives Notice of Allowance from USPTO Covering Glytech, LLC Supercritical Plant Extraction Technology
Ryan Allway March 17th, 2022 News, Top News VAN NUYS, Calif., March 17, 2022 /PRNewswire/ — Eco Innovation Group, Inc. (OTC: ECOX) (“ECOX” or the “Company”), an innovative company aggregating investments in new technologies that promote environmental and social well-being and the advancement of green energy solutions, today announced that it... Read more
Item 9 Labs Corp. to Acquire The Herbal Cure in Denver, Colorado
Future Flagship Corporate Location Generated $5.4 Million in Revenue in 2021 Second Colorado Acquisition Fuels Market Expansion for the Company’s Dispensary Franchise, Unity Rd. Acquisition Includes Cultivation License, Complementing the Company’s National Retail and Product Expansion Efforts DENVER, March 17, 2022 /PRNewswire/ — Item 9 Labs Corp. (OTCQX: INLB) (the “Company”) — a vertically integrated... Read more
High Tide Reports Q1 2022 Financial Results Featuring Record Revenue of $72 Million, Increasing 34% Sequentially, and Adjusted EBITDA of $3 Million, Representing an 80% Sequential Increase
Ryan Allway March 17th, 2022 News, Top News Company Reports Second-Highest Quarterly Revenue Figure Ever by a Cannabis Company Reporting in Canadian Dollars CALGARY, Alberta, March 17, 2022–(BUSINESS WIRE)–High Tide Inc. (“High Tide” or the “Company“) (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar... Read more
Glass House Brands Reports Fourth Quarter and Full Year 2021 Financial Results
Ryan Allway March 17th, 2022 News, Top News 2021 Net Revenue Increased 44% Year-over-Year All Licenses for Phase I Retrofit of SoCal Cultivation Facility Received, with First Harvest Expected During Q3 2022 Conference Call to be Held March 17, 2022 at 8:00 a.m. ET LONG BEACH, Calif. and TORONTO, March 17, 2022 /CNW/ – Glass House... Read more
Flora Growth Appoints Former Amazon Executive Tim Leslie to Its Board of Directors and Names CEO Luis Merchan Chairman
Ryan Allway March 17th, 2022 News, Top News Flora Growth’s CEO Luis Merchan is named Chairman of the Board of Directors. Tim Leslie, Chairman of Flora’s Advisory Board, will join the Flora Board of Directors and audit committee. Changes to the Board of Directors signal the Company’s move toward... Read more
NewLake Capital Partners Reports Fourth Quarter and Full-Year 2021 Financial Results
Ryan Allway March 17th, 2022 News, Top News Fourth Quarter 2021 Revenue Totaled $9.0 Million, an Increase of 12% Sequentially and 122% YoY FY2021 Revenue of $28.2 Million, an Increase of 142% YoY Fourth Quarter 2021 Net Income Attributable to Common Stockholders totaled $4.3 Million, FFO of $6.8 Million,... Read more
Pure Extracts Exports First Shipment of Cannabis Oil Extracts to German Pharma Company
Ryan Allway March 16th, 2022 News, Top News VANCOUVER, British Columbia, March 16, 2022 (GLOBE NEWSWIRE) — Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased... Read more
Bloomios Begins Trading on OTCQB Venture Market as BLMS, as Hemp-Derived Cannabinoid Product Sales Exceed $8 million
Ryan Allway March 15th, 2022 News, Top News SANTA BARBARA, Calif., March 15, 2022 /PRNewswire/ — Bloomios, Inc. (OTCQB: BLMS), a leading researcher, manufacturer and wholesaler of hemp-derived cannabinoid nutraceuticals and cosmetics, will begin trading on the OTCQB® Venture Market under the symbol, BLMS, at the opening of the market today. (PRNewsfoto/Bloomios, Inc.)... Read more
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