News

TORONTO–(BUSINESS WIRE)–TruTrace Technologies (CSE: TTT; OTCQB: TTTSF), developer of a fully-integrated blockchain platform for the legal cannabis, food and pharmaceutical industries, today announced that it has teamed with Riviera & West One Logistics to ensure the highest quality for its line of products including Hygen-X hand and surface sanitizer products. Riviera is a leading provider…

Cannabis Science and Technology® to Host Hemp Science & Technology Virtual Symposium

CRANBURY, N.J.–(BUSINESS WIRE)–Cannabis Science and Technology® a multimedia platform that focuses on educating the legal cannabis industry about the science and technology of analytical testing, quality control, extraction, and cultivation, will host its first Hemp Science & Technology Virtual Symposium. Brian C. Smith, Ph.D., founder, CEO, and chief technical officer of Big Sur Scientific, will…

KBRA Releases Research – Coronavirus (COVID-19): CRE Secular Trends Upended by Pandemic Disruptions

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases a report, which discusses how many of the secular trends that were shaping the future of commercial real estate (CRE) over the past several years were accelerating prior to COVID-19. In many instances, these trends have been upended in the wake of the pandemic. Changes in property…

IGC Reports Financial Results for the Quarter Ended June 30, 2020 While Preparing for Its FDA-Approved Cannabinoid Clinical Trials on Alzheimer’s Patients

POTOMAC, Md.–(BUSINESS WIRE)–India Globalization Capital, Inc. (NYSE American: IGC) today announced financial results for the quarter ended June 30, 2020, which is the first quarter of its 2021 fiscal year. Revenue was approximately $583 thousand and $1,649 thousand, for the June 30, 2020 and 2019 quarters, respectively. Revenue in the quarter ended June 30, 2020…

Halo Closes Ukiah Ventures Acquisition

TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company“) (NEO: HALO; OTCQX: AGEEF, Germany: A9KN) is pleased to announce, further to the press release dated August 6, 2020, it has completed the acquisition of all of the common shares of Ukiah Ventures Inc. (“UVI”). Halo will now have UVI’s cannabis processing and distribution facilities in Ukiah,…

Halo Announces Indoor Grow JV With Zkittlez™ in California

TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company“) (NEO:HALO; OTCQX:AGEEF, Germany:A9KN) is pleased to announce that the Company has entered into a Letter of Intent (the “LOI”) dated August 3, 2020 to establish a joint venture and strategic alliance with Terphogz, LLC, doing business as Zkittlez™ (“Zkittlez”). The joint venture will establish and operate a…

CBD Oil Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Health Benefits of CBD Oil to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the CBD oil market and it is poised to grow by USD 3.52 billion during 2020-2024, progressing at a CAGR of over 32% 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. Although the COVID-19…

Insights on the Global Cannabis-infused Edible Products Market | COVID-19 Impact and Analysis of Related Markets Drivers, Opportunities and Threats | Technavio

LONDON–(BUSINESS WIRE)–Technavio predicts the global cannabis-infused edible products market to grow steadily at a CAGR of over 22% during 2020-2024. One of the primary drivers for this market is the rising social acceptance of cannabis. The perception of cannabis being an intoxicant has changed across countries. It is now considered as a profitable business opportunity…

CORRECTING and REPLACING IGC Reports Financial Results for June 30, 2020 Quarter and Prepares for Phase 1 Cannabinoid Clinical Trial for Alzheimer’s Patients

POTOMAC, Md.–(BUSINESS WIRE)–Please replace the release dated August 19, 2020 with the following corrected version due to multiple revisions. The updated release reads: IGC REPORTS FINANCIAL RESULTS FOR JUNE 30, 2020 QUARTER AND PREPARES FOR PHASE 1 CANNABINOID CLINICAL TRIAL FOR ALZHEIMER’S PATIENTS India Globalization Capital, Inc. (“IGC” or the “Company”) (NYSE American: IGC) today…

Cresco Labs Announces Accelerating Revenue and Increasing Operating Leverage in Record Second Quarter 2020 Results

CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), one of the largest vertically integrated multi-state cannabis operators in the United States, today released its unaudited financial results for the second quarter ended June 30, 2020. All financial information presented in this release is in U.S. dollars, unless otherwise…

Innovative Industrial Properties Expands Real Estate Partnership with AWH at Illinois Property

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 that it entered into an amendment of the lease with a subsidiary of Ascend Wellness Holdings, LLC (AWH) at the property located in Barry,…

Terrace Global Provides Update on Financing

August 21, 2020

TORONTO–(BUSINESS WIRE)–Terrace Global Inc. (“Terrace Global” or the “Company”) (TSXV: TRCE) provided today an update on its previously announced non-brokered private placement (the “Private Placement”) of subscription receipts (the “Subscription Receipts”). The Private Placement is ongoing and is expected to close on or before September 1, 2020 but in any event no later than September…