LAVVAN Appoints Neil Closner as Chief Executive Officer

NEW YORK–(BUSINESS WIRE)–LAVVAN Inc. (“LAVVAN”) today announced that Neil Closner, formerly of MedReleaf Corp. (“MedReleaf”), has been appointed its new Chief Executive Officer. Joining Closner are several key members of MedReleaf’s former leadership team who were responsible for its groundbreaking achievements and success. Former LAVVAN CEO, Etan Bendheim, will become President of the company. Closner…

Jacksam Corporation and The Blinc Group Announce Partnership and Reciprocal Distribution Agreement

RANCHO SANTA MARGARITA, Calif.–(BUSINESS WIRE)–Jacksam Corporation (OTCQB: JKSM) (the “Company” or “Jacksam/Convectium”), a workflow automation company focused on developing machinery and equipment solutions for the cannabis and CBD industry, announced today that the Company has signed a Reciprocal Distribution Agreement with The Blinc Group, the leading provider of customized vaping solutions for cannabis industry. The…

Fluence and The Green Organic Dutchman Announce LED Lighting Partnership

AUSTIN, Texas–(BUSINESS WIRE)–Fluence by OSRAM (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial crop production, announced today that it will become the LED provider of choice for The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (U.S.:TGODF) (TGOD), a publicly traded, premium organic cannabis company based in Ontario, Canada. Projected to be one…

Tilray® Imports GMP-Certified CBD into the U.S. for Two Clinical Trials Led by NYU School of Medicine

NANAIMO, British Columbia–(BUSINESS WIRE)–Tilray, Inc. (NASDAQ:TLRY), a global pioneer in cannabis research, cultivation, production, and distribution, today announced it has received approval from the U.S. government and successfully imported an initial shipment of medical cannabinoids into the U.S. to support two clinical trials led by NYU School of Medicine. The two studies will test the…

Cresco Labs Announces Regulatory Approval for Acquisition of One of Ten Vertically Integrated Licenses in New York State

CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today announced that it has received regulatory approval for its acquisition of 100% of the membership interests of Gloucester Street Capital, LLC (“Gloucester”), the parent entity of Valley Agriceuticals,…

Shareholder Alert: Robbins Arroyo LLP Announces Curaleaf Holdings, Inc. (CURLF) Sued for Misleading Shareholders

SAN DIEGO & WAKEFIELD, Mass.–(BUSINESS WIRE)–Shareholder rights law firm Robbins Arroyo LLP announces that a purchaser of Curaleaf Holdings, Inc. (OTC: CURLF) filed a class action complaint for alleged violations of the Securities Exchange Act of 1934 between November 21, 2018 and July 22, 2019. Curaleaf Holdings operates as an integrated medical and wellness cannabis…

Silver Spike Acquisition Corp. Announces Pricing of $250 Million Initial Public Offering

NEW YORK–(BUSINESS WIRE)–Silver Spike Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 25,000,000 units at $10.00 per unit. The units are expected to be listed on The Nasdaq Capital Market (“Nasdaq”) and trade under the ticker symbol “SSPKU” beginning on August 8, 2019. Each unit consists of one Class…

Innovative Industrial Properties Reports Second Quarter 2019 Results

SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (“IIP”), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today results for the quarter ended June 30, 2019. Second Quarter 2019 Highlights Financial Results and Financing Activity IIP generated rental revenues of approximately $8.3…

22nd Century Group Files 2019 Second Quarter Report

WILLIAMSVILLE, N.Y.–(BUSINESS WIRE)–22nd Century Group, Inc. (NYSE American: XXII), a plant biotechnology company that is focused on tobacco harm reduction, Very Low Nicotine Content tobacco and hemp/cannabis research, announced today that the Company filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2019 with the U.S. Securities and Exchange Commission. The…

Lifeloc Reports Second Quarter 2019 Results

WHEAT RIDGE, Colo.–(BUSINESS WIRE)–Lifeloc Technologies, Inc. (OTC: LCTC), a global leader in the development and manufacturing of breath alcohol and drug testing devices, has announced financial results for the second quarter ended June 30, 2019. Second Quarter Highlights Lifeloc posted quarterly net revenue of $2.34 million resulting in quarterly net income after taxes of $219…

cbdMD, Inc. to Host Conference Call to Discuss Third Quarter 2019 Results

CHARLOTTE, N.C.–(BUSINESS WIRE)–cbdMD, Inc. (NYSE American: YCBD), a nationally recognized consumer cannabidiol (CBD) brand, announced today that it will host a conference call at 4:15 p.m., Eastern Time, on Wednesday, August 14, 2019, to discuss the company’s third quarter of fiscal year 2019 financial results and business progress. CONFERENCE CALL DETAILS Wednesday, August 14, 2019,…

US Foods Launches US Foods Direct

ROSEMONT, Ill.–(BUSINESS WIRE)–US Foods Holding Corp. (NYSE: USFD) today announced the addition of US Foods Direct to the company’s exclusive e-commerce platform. This new offering is integrated into US Foods’ online ordering platform, providing operators with an endless aisle of more than 40,000 specialty products and counting. US Foods Direct gives operators easier access to…