News

RIVERHEAD, N.Y.–(BUSINESS WIRE)–Experiential marketing leaders CS Hudson and International Retail Management and Consulting Group (IRG) unveiled their latest collaboration dubbed – R|Evolution – last Thursday at the Tanger Outlets in Riverhead, NY. An immersive pop-up shop that provides digitally native and emerging brands the opportunity to participate in a pop-up brick-and-mortar experience, R|Evolution gives consumers…

U.S. Cannabis Industry Market Projections Up 20% to $30 Billion by 2025

WASHINGTON–(BUSINESS WIRE)–New Frontier Data, the global authority in data, analytics and business intelligence for the cannabis industry, in partnership with Global Cannabinoids, a leading producer, manufacturer and distributor of American-Grown Hemp-Derived Cannabinoids in the U.S., releases The U.S. Cannabis Report 2019 Industry Outlook. The report examines U.S. cannabis industry forecasts and trends, including industry revenue…

Cresco Labs and Origin House Announce Substantial Compliance with HSR Second Request

CHICAGO & OTTAWA, Ontario–(BUSINESS WIRE)–Cresco Labs Inc. (“Cresco Labs”) (CSE: CL) (OTCQX: CRLBF) and CannaRoyalty Corp. d/b/a Origin House (“Origin House” and together with Cresco Labs, the “Companies” – CSE: OH, OTCQX: ORHOF), both announced today that, effective September 16, 2019, they have each submitted certifications of substantial compliance with the request for additional information…

Shopify Powers New Era of Retail for U.S. CBD Businesses

NEW YORK–(BUSINESS WIRE)–Shopify Inc. (NYSE:SHOP)(TSX:SHOP), the leading multi-channel commerce platform, today announced new features on its platform to help U.S. merchants sell hemp and hemp-derived Cannabidiol (CBD) products online or in brick-and-mortar retail locations, where permitted by law. Starting today, U.S.-based retailers of all sizes can start and grow their businesses by selling select hemp…

Cannabinoids are Here for Good; Canopy Growth Founder and Industry Spokesman Bruce Linton Announces Involvement in Future of Cannabis Industry

NEW YORK–(BUSINESS WIRE)–Bruce Linton, today announced his planned involvement in the future of the cannabis industry, with active advisory roles in Wolverine Partners Corp. (d.b.a. Gage Cannabis Co.), (“GAGE”) following its acquisition of Rivers Innovations Inc. (“Innovations”), Better Choice Company, Inc. (OTCQB: BTTR) (“BTTR”) and Mind Medicine, Inc (“MMI”). Mr. Linton expects to select and…

Xtraction Services Announces Additional Lease Agreements; Commences Trading on CSE

LOS ANGELES–(BUSINESS WIRE)–Xtraction Services Holding Corp. (“XS” or the “Company”) (CSE:XS), an equipment leasing and extraction solutions company, is pleased to provide an update regarding the Company’s existing lease portfolio, the commencement of new significant lease agreements as well as upcoming revenue growth initiatives. Additionally, XS is pleased to announce the completion of its reverse…

BevCanna Announces Exclusive Supply Agreement with Nextleaf Solutions for Water-Soluble Cannabinoids

VANCOUVER, British Columbia–(BUSINESS WIRE)–Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. (“BevCanna” or the “Company”)(CSE:BEV, Q:BVNNF), announces entering into an exclusive supply agreement with Nextleaf Solutions Ltd. (CSE: OILS, OTCQB: OILFF, FSE: L0MA), which owns a portfolio of five (5) issued and 24 pending patents pertaining to the production of high-purity, cannabinoid rich distillate,…

Cresco Labs to Acquire Tryke Including the Reef Dispensary Portfolio – Consistent With Stated Plan to Establish Market Leading Positions in Both Nevada and Arizona and Build Brand and Wholesale Capabilities

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 a significant expansion of its presence in Nevada and Arizona through the signing of a purchase agreement to acquire certain assets (the “Transaction”) from Tryke Companies, LLC…

MedMen Launches Delivery in Nevada

LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) announces the launch of delivery from all Nevada locations, bringing the Company’s industry-leading retail experience to the consumer at home. With over 300 products, MedMen’s delivery service is the most robust of its kind. The Company first launched the service last month…

Halo Signs Bulk Extract Supply Agreement With Caliva

September 13, 2019

TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce that it has entered into a bulk supply agreement (the “Agreement”) with NC3 Systems (“Caliva”) to provide bulk distillate, bulk live resin and live resin packaged as finished products. The Agreement specifies pricing and minimum quantities per…

Global and U.S. Food & Beverage Packaging Innovation Study 2019: Historical & Forecast Market Data, 2008-2023 – ResearchAndMarkets.com

September 13, 2019

DUBLIN–(BUSINESS WIRE)–The “Food & Beverage Packaging Innovation” report has been added to ResearchAndMarkets.com’s offering. Sales of food and beverage containers are forecast to increase 3.1% per year to $70 billion in 2023. As consumer preferences and priorities evolve, both packaging and food and beverage companies look for ways to innovate, so their packaged goods will…

Best’s Market Segment Report: Canada’s Property/Casualty, Life Insurance Industries Remain Profitable Amid Growing Challenges

September 13, 2019

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best is maintaining a stable market segment outlook on Canada’s property/casualty and life insurance industries, as the country’s insurers continue to meet challenges in the form of economic uncertainty, regulatory issues and climate conditions. The Best’s Market Segment Report, titled, “Canada Insurance: Still Profitable Amid Growing Challenges,” states that the property/casualty (P/C)…