News

COVID-19 Impacts: Cannabis-infused Edible Products Market will Accelerate at a CAGR of over 22% through 2020-2024 | Growing Social Acceptance of Cannabis to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the cannabis-infused edible products market and it is poised to grow by USD 22.18 billion during 2020-2024, progressing at a CAGR of over 22% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Technavio suggests…

Nabis Announces Strategic Partnership With Bloom to Distribute Products Within California

OAKLAND, Calif.–(BUSINESS WIRE)–Nabis, one of California’s largest licensed cannabis distributors, announced that the company has entered into an exclusive partnership with leading cannabis company Capna Intellectual (dba Bloom) to distribute Bloom branded products across California. Bloom is a multi-state brand sold in four hundred retailers across California, Washington, Nevada, New Mexico, and Oklahoma. Bloom’s product…

REPEAT/Bophelo Enters into $30 Million Offtake Agreement with Medcan

TORONTO–(BUSINESS WIRE)–Bophelo Bio Science & Wellness Pty Ltd (“Bophelo”), a company registered in the Kingdom of Lesotho, and a wholly-owned subisidary of Halo Labs Inc. (“Halo”) (NEO: HALO; OTCQX: AGEEF, Germany: A9KN), has entered into an offtake agreement (the “Agreement”) with Medcan Ltd (“Medcan”), a company incorporated in the Republic of Malta, for the sale…

Shiny Bud Continues Expansion with Stores in Cornwall and Hawkesbury

TORONTO–(BUSINESS WIRE)–Shiny Bud, an Alcohol and Gaming Commission of Ontario-authorized recreational cannabis store, today announced that its two newest sister locations, Shiny Bud Cannabis Co., have passed inspection and are now open for business. Located in Cornwall and Hawkesbury, ON, the stores will sell legal cannabis products and accessories. “We’re excited to see Shiny Bud…

FSD Pharma Reports Second Quarter 2020 Financial Results

TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (Nasdaq: HUGE) (CSE: HUGE.CN) (FRA: 0K9A) (“FSD Pharma” or the “Company”) today reported that management’s discussion and analysis of financial condition and results of operations (“MD&A”) for the three months ended June 30, 2020 have been filed and can be viewed on the Company’s SEDAR profile at www.sedar.com. FSD Pharma also…

SOL Global Announces Appointment of Olivier Centner to the Company’s Board of Directors

TORONTO–(BUSINESS WIRE)–SOL Global Investments Corp. (“SOL Global” or the “Company“) (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) is pleased to announce that Mr. Olivier Centner has been appointed as a director of the Company. In connection with the appointment of Mr. Centner, Mr. Roger Rai has resigned as a director of the Company to pursue other…

 Bophelo Enters into $30 Million Offtake Agreement with Medcan

TORONTO–(BUSINESS WIRE)–Bophelo Bio Science & Wellness Pty Ltd (“Bophelo”), a company registered in the Kingdom of Lesotho, and a wholly-owned subisidary of Halo Labs Inc. (“Halo”) (NEO: HALO; OTCQX: AGEEF, Germany: A9KN), has entered into an offtake agreement (the “Agreement”) with Medcan Ltd (“Medcan”), a company incorporated in the Republic of Malta, for the sale…

Schwazze, Formerly Operating as Medicine Man Technologies, Inc., to Host Second Quarter 2020 Conference Call and Webcast on August 13, 2020

DENVER–(BUSINESS WIRE)–Schwazze, formerly operating as Medicine Man Technologies Inc. (OTCQX: SHWZ) (“Schwazze ” or “the Company”), today announced that it will host its second quarter 2020 conference call and webcast on Thursday, August 13, 2020 at 4:30 p.m. ET. Investors interested in participating in the conference call can dial 201-389-0879 or listen to the webcast…

HALO Acquires 100% of Ukiah Ventures Inc. and Lays Groundwork for Accelerated Revenue Growth in California

Applied DNA Reports Fiscal Third Quarter 2020 Financial Results

STONY BROOK, N.Y.–(BUSINESS WIRE)–Applied DNA Sciences, Inc. (NASDAQ: APDN) (“Applied DNA” or the “Company”), a leader in Polymerase Chain Reaction (PCR)-based DNA manufacturing that enables in vitro diagnostics, pre-clinical nucleic acid-based therapeutic drug candidates, supply chain security, anti-counterfeiting and anti-theft technology, today announced consolidated financial results for the fiscal third quarter and the nine months…

Fluence and Quality Wholesale Partner to Expand Inventory of LED Lighting Solutions for Horticulture Throughout Canada

AUSTIN, Texas–(BUSINESS WIRE)–Fluence by OSRAM (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and agriculture production, announced today it has partnered with Burnaby, British Columbia-based Quality Wholesale Ltd., a leading garden wholesaler specializing in the distribution of agricultural products throughout Canada. Celebrating its 20th year of serving the horticulture industry,…

Cresco Labs Announces the Opening of Sunnyside Schaumburg, Creating the Largest Retail and Cultivation Footprint in Illinois

CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced the opening of Sunnyside Schaumburg, its ninth dispensary in the state, creating the largest retail footprint in Illinois. Sunnyside achieved its highest share ever of the reported $61 million July adult-use retail…