News

TORONTO–(BUSINESS WIRE)–DionyMed Brands Inc. (“DionyMed” or “Company”) (CSE: DYME)(OTCQB:DYMEF), a multi-state cannabis brands platform, announced today that it has signed a definitive agreement to acquire select assets from MM Esperanza 2 LLC, doing business as “MMAC,” and MMAC’s 1.83 acre Los Angeles cannabis campus. This acquisition marks the expansion of DionyMed’s operational capabilities in Southern…

BevCanna Finds Canadian Consumers are Excited to Try Cannabis-Infused Beverages as Part of Their Healthy Lifestyles

VANCOUVER, British Columbia–(BUSINESS WIRE)–Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. (CSE:BEV), announced the results of its extensive North American-wide consumer study, focused on product and consumption preferences within the nascent cannabis-infused beverage market. Conducted by an independent research group on behalf of BevCanna, over 2,000 adults of legal drinking age were surveyed on…

Turning Point Brands Acquires Solace Technologies and Expands Nu-X Team

LOUISVILLE, Ky.–(BUSINESS WIRE)–Turning Point Brands (NYSE:TPB), a Kentucky-based industry leading marketer of Other Tobacco Products (OTP) and adult consumer alternatives, announced today it will acquire the assets of Solace Technologies (“Solace”) for $15.25 million. Solace is an innovative product development company which established one of the top e-liquid brands in the vapor industry and has…

Columbia Care Announces Launch of Share Repurchase Program

NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO:CCHW) (OTCQX:CCHWF) (FSE:3LP) (“Columbia Care” or the “Company”), one of the largest fully integrated operators in the global medical cannabis industry with licenses across the US and EU, today announced its intention to commence a normal course issuer bid (the “Repurchase Program”) to purchase up to an aggregate of USD…

Kessler Topaz Meltzer & Check, LLP Announces Investor Securities Fraud Class Action Lawsuit Filed Against CannTrust Holdings Inc.

RADNOR, Pa.–(BUSINESS WIRE)–The law firm of Kessler Topaz Meltzer & Check, LLP reminds that an investor securities fraud class action lawsuit has been filed against CannTrust Holdings Inc. (NYSE: CTST) (“CannTrust”) on behalf of those who purchased or otherwise acquired CannTrust securities between November 14, 2018 and July 5, 2019, inclusive (the “Class Period”). CannTrust…

Innovative Industrial Properties Announces Exercise of Option to Purchase Additional Shares of Common Stock

SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the full exercise of the underwriters’ option to purchase an additional 195,000 shares of common stock in connection with the Company’s recent equity offering. The sale of the additional shares closed today, July 18, 2019, and the original public offering of 1,300,000 shares…

Textmunication Holdings, Inc. Provides Shareholder Update

PLEASANT HILL, Calif.–(BUSINESS WIRE)–Textmunication Holdings, Inc. (OTCM: TXHD) (“Company”), a cloud-based communication technology holding company, announced today an update to shareholders regarding the progress of its strategic growth plans and technology initiatives. The Company is looking to acquire cannabis wellness lifestyle companies and bring them into the holding company. Global Wellness Institute states the wellness…

Corporate Update: Jacksam Corporation Announces Organizational Changes and Open Source Model to Enable the Majority of Cannabis and CBD Companies to Automate Post-extraction Processes

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 adopted an “open source” business model enabling the majority of cannabis and CBD oil producers to benefit from its filling and…

Halo Labs Announces Inclusion in the OTC Markets Cannabis Index Under the Ticker Symbol OTCQX: .OTCQXMJ

TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce its inclusion in the OTC Markets Cannabis Index (the “Index”) which trades on the OTCQX Market under the ticker symbol .OTCQXMJ. The Index’s goal is to highlight for investors the diversity of Cannabis companies that meet the…

Nexien BioPharma announces that it has been granted a patent by the Israeli Patent Office covering the use of cannabinoids and terpenes for treatment of organophosphate and carbamate toxicity – two common nerve agents

DENVER–(BUSINESS WIRE)–Nexien BioPharma, Inc. (“Nexien” or the “Company”) (OTCQB: NXEN), a next generation biopharmaceutical company focused on research, development and commercialization of novel FDA-compliant cannabinoid pharmaceuticals and related drug delivery systems, today announced that it was granted Patent No. 238946 for “Use of Cannabinoids and Terpenes for Treatment of Organophosphate and Carbamate Toxicity” by the…

TILT Holdings Announces Tim Conder as Chief Operating Officer

CAMBRIDGE, Mass.–(BUSINESS WIRE)–TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: SVVTF) today announced the appointment of Tim Conder as Chief Operating Officer, effective immediately. Mr. Conder was previously the Senior Vice President of Software and Services for TILT, having joined TILT through the acquisition of his cannabis delivery and supply chain services company,…

POSaBIT Signs Deal With Reef Dispensaries, Bringing Compliant Debit Payment Technology to Nevada's Biggest Cannabis Retailer

SEATTLE–(BUSINESS WIRE)–POSaBIT (CSE: PBIT), a leading financial technology company delivering unique blockchain-enabled payment processing and point of sale (POS) systems for cash-only businesses with a focus on the cannabis industry, announced a deal today with Reef Dispensaries. The company will provide Nevada’s highest-volume cannabis dispensary chain with its compliant debit payment solution, complete with real-time…