VANCOUVER, British Columbia–(BUSINESS WIRE)–Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) (“Sproutly” or the “Company”) is pleased to announce it has secured a private loan (the “Loan”) of $855,000 from Infusion Biosciences Inc. (the “Lender”), a related party of the Company (the “Debt Financing”). The Loan carries an interest rate of 15% per annum…
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LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the U.S., today announced corporate updates related to retail licenses in California and Massachusetts. The Company currently has 25 retail stores that are in operation across California, Nevada, Illinois, Florida, New York and Arizona. West…
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NEW YORK–(BUSINESS WIRE)–Companies focused on cannabis and related industries have recently discovered several ways to access the capital markets. Increasingly, they have pursued special purpose acquisition companies, or SPACs, as a path to going public. SPAC fundraising has reached a record in 2020, with transactions outside the cannabis industry also on the rise in sectors…
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PORTLAND, Ore.–(BUSINESS WIRE)–Lazarus Naturals, a leader in the CBD category, announces the addition of new CBG tinctures and isolate to its line of effective and affordable CBD products. CBG (cannabigerol) is gaining popularity in the marketplace following preliminary research regarding its potential effects on inflammation, pain, nausea, anxiety and depression. The company’s new CBG products…
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TORONTO–(BUSINESS WIRE)–Bluma Wellness Inc. (the “Company” or “Bluma Wellness”) (CSE: BWEL.U) is pleased to provide its patients and investors with an end-of-month sales and operations report for the month ended July 31, 2020. These financial results have not been reviewed or audited by the Company’s auditors. Financial Highlights, July 2020 Bluma Wellness is pleased to…
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DUBLIN–(BUSINESS WIRE)–The “Global CBD-Infused Beverages Market: Focus on Product Type (Alcoholic and Non-Alcoholic), Industry Analysis (Regulatory Framework, Supply Chain, Patent Analysis, and Investments), and Region – Analysis and Forecast, 2019-2025” report has been added to ResearchAndMarkets.com’s offering. According to this market intelligence report the CBD-infused beverages market is expected to reach $1,018.3 million by 2025.…
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LOS ANGELES–(BUSINESS WIRE)–XS Financial Inc. (“XS Financial,” “XS” or the “Company”) (CSE:XSF) (OTCQB: XSHLF), a specialty finance company engaged in equipment leasing to owner operators of cannabis and hemp companies in the United States, is pleased to announce that PharmaCann Inc. (“PharmaCann”), one of the nation’s largest privately-held cannabis companies, continues to draw down on…
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PETACH TIKVA, Israel–(BUSINESS WIRE)–Can-Fite BioPharma Ltd. (NYSE American: CANF) (TASE:CFBI), a biotechnology company advancing a pipeline of proprietary small molecule drugs that address cancer, liver and inflammatory diseases, today announced financial results for the six months ended June 30, 2020. Clinical Developments and Corporate Highlights for the Second Quarter and Recent Weeks Include: Piclidenoson Phase…
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TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company“) (NEO:HALO, OTCQX:AGEEF, Germany:A9KN) today announces that the Company has entered into a second amended and restated promissory note (the “Second A&R Promissory Note“) for a principal amount of up to C$15 million. The Second A&R Promissory Note amends and restates the amended and restated promissory note (the…
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TORONTO–(BUSINESS WIRE)–TruTrace Technologies, developer of a fully-integrated blockchain platform for the legal cannabis, food and pharmaceutical industries, today announced that medical distributor, Safe Company, has selected the TruTrace Enterprise™ SaaS platform to manage inventory and quality assurance processes for its medical and protective consumables, hospital supplies and air purification solutions. Since the first wave of…
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NEW YORK–(BUSINESS WIRE)–B&H is excited to announce DJI’s unveiling of its new OM 4 Smartphone Gimbal Stabilizer, upgraded with a stronger motor and new intuitive software features. The more powerful motor provides better support for the latest multi-lens smartphones and for smoother operation in general, and it also does most of the initial balancing for…
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NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company,”) today announced that it will complete its acquisition of The Green Solution (“TGS”), the largest vertically integrated cannabis operator in Colorado on September 1, 2020. The combination is immediately accretive to Columbia Care’s Adj. EBITDA and, in…
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