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PORTLAND, Ore.–(BUSINESS WIRE)–Hemp, CBD and THC-cannabis compliance consulting firm Allay announced today the opening of its new office in Portland, Oregon. The expansion adds convenience and value for licensed cultivators, processors and retailers throughout the West Coast. Allay, founded by one of the nation’s first designated cannabis regulators, assists stakeholders at every stage of the…

Fluence Reports Three-Fold Increase in LED Usage Across Cultivation Stages in Fifth Annual “State of the Cannabis Lighting Market”

AUSTIN, Texas–(BUSINESS WIRE)–Fluence by OSRAM (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and agriculture production, today released findings from the fifth annual “State of the Cannabis Lighting Market” report produced in partnership with Cannabis Business Times, whose mission is to accelerate the success of legal cannabis cultivators. The fifth…

A88CBD™ Drops New Powder Packs on A88CBD.com

SCOTTSDALE, Ariz.–(BUSINESS WIRE)—- $WTER #A88CBD–The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”) is a producer of premium bottled alkaline water, flavor-infused waters, and CBD infused products sold under the brand names Alkaline88®, A88 Infused™, and A88CBD™, respectively. Today, the Company announces that its lifestyle brand A88CBD™ will introduce new powder packs in…

Global Legal Recreational Cannabis Sales Expected to Grow 376% by 2025

CHICAGO–(BUSINESS WIRE)–Recreational cannabis sales will drive global legal market growth by 376% over the next five years, outpacing medical and CBD, according to global market research company Euromonitor International’s new cannabis database. Recreational cannabis will capture 67% of legal sales globally in 2025, whereas medical cannabis will account for only 9%, declining from 23% in…

Renew Biopharma and Algae-C Announce License Agreement for Best-in-Class Engineered Enzymes

SAN DIEGO–(BUSINESS WIRE)–Renew Biopharma (“Renew”) announced today that Algae-C Inc. (“Algae-C”) has licensed rights to employ Renew’s proprietary engineered enzymes for use toward biosynthesis of cannabinoids in microalgae. Renew’s portfolio of engineered enzymes are designed to support enhanced production of cannabinoids and cannabinoid derivatives. While Renew has employed these enzymes towards the company’s neurotherapeutic drug…

LeafLink Selects MedPharm for Two Top Awards

DENVER–(BUSINESS WIRE)–MedPharm Holdings, a leading medical cannabis manufacturer, R&D laboratory, and compounding facility, won awards in two categories at the third annual LeafLink List 2020 competition, an annual cannabis award series that is a celebration of cannabis brands, products, and retailers, and how they are shaping the cannabis industry. MedPharm won the Top Selling Cartridge…

Medical Marijuana Market to Reach $ 22.33 bn by 2024, Aphria Inc., Aurora Cannabis Inc., and Canopy Growth Corp. Emerge as Key Contributors to Growth | Industry Analysis, Market Trends, Market Growth, Opportunities, and Forecast 2024 | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the medical marijuana market and it is poised to grow by USD 22.33 bn during 2020-2024, progressing at a CAGR of over 24% 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. Download Latest Free…

Bioplastic Packaging Market Demand Will Increase Despite COVID Spread | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the bioplastic packaging market operating under the consumer staples industry. The latest report on the bioplastic packaging market, 2020-2024 estimates it to register an incremental growth of USD 5.78 billion, almost at a CAGR of almost 18% during the forecast period. The report offers an up-to-date analysis regarding the current…

Sproutly Announces its 6th Provincial Supply Agreement

VANCOUVER, British Columbia–(BUSINESS WIRE)–Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) (“Sproutly” or the “Company”) announced today the addition of a supply agreement with the Ontario Cannabis Store (“OCS”), the Company’s 6th provincial supply agreement to date. This announcement comes on the heels of the Company’s October 15th announcement regarding receipt of the sales…

Tilray, Inc. Reports 2020 Third Quarter Results

NANAIMO, British Columbia–(BUSINESS WIRE)–Tilray, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY), a global pioneer in cannabis research, cultivation, production and distribution, reports financial results for the third quarter ended September 30, 2020. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated. “Our third quarter results demonstrate the significant progress…

Cannabis Science and Technology® Launches New Dedicated Medical Cannabis Sister Brand

CRANBURY, N.J.–(BUSINESS WIRE)–Cannabis Science and Technology® is excited to announce a new sister publication, Cannabis Patient Care™, dedicated to medical cannabis coverage. Each issue of Cannabis Patient Care™ will focus on a single disease or ailment for which medical cannabis has proven effective for treating and provide research, patient stories and insights from medical professionals…

Ameresco to Participate at Upcoming Conferences

FRAMINGHAM, Mass.–(BUSINESS WIRE)–Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy company, today announced that members of its management team will attend the following investor conferences: On Thursday, November 12, 2020, Ameresco’s Senior Vice President and Chief Financial Officer, Doran Hole, will present at the Baird’s 2020 Global Industrial Conference at 4:20 PM ET.…