News

European Commission Approves KEYTRUDA® (pembrolizumab) as First-Line Treatment in Adult Patients With Metastatic Microsatellite Instability-High (MSI-H) or Mismatch Repair Deficient (dMMR) Colorectal Cancer

January 26, 2021

KENILWORTH, N.J.–(BUSINESS WIRE)–Merck (NYSE: MRK), known as MSD outside the United States and Canada, announced today that the European Commission has approved KEYTRUDA, Merck’s anti-PD-1 therapy, as a monotherapy for the first-line treatment of adult patients with metastatic microsatellite instability-high (MSI-H) or mismatch repair deficient (dMMR) colorectal cancer. This approval is based on results from…

Details

Tilray® Selected by French National Agency to Supply GMP-Certified Medical Cannabis Products in France

January 26, 2021

NANAIMO, British Columbia & PARIS–(BUSINESS WIRE)–Tilray, Inc. (NASDAQ: TLRY), a global pioneer in cannabis production, research, cultivation, and distribution, announced that it has been selected by the French National Agency for the Safety of Medicines and Health Products (ANSM) to supply Good Manufacturing Processes (GMP) certified medical cannabis products for experimentation in France. Tilray will…

Details

BevCanna Addresses Progress on Health Canada Standard Processing Licence Issuance

January 26, 2021

VANCOUVER, British Columbia–(BUSINESS WIRE)–Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) (“BevCanna” or the “Company”) confirmed today that its application for a Standard Processing Licence (SPL) is in the final stages of the in-depth review with Health Canada. BevCanna is pleased to offer the following commentary to provide additional clarity and…

Details

Perfect Union Hires California Cannabis Pioneers for Key Leadership Positions

January 25, 2021

SACRAMENTO, Calif–(BUSINESS WIRE)–Today, Perfect Union, the fastest-growing vertically-integrated cannabis retail operation in California, announced the hiring of senior staff with renowned cannabis experience and expertise. Greg Sutton, Chief Operating Officer (COO): Greg is responsible for overall cross-functional operations, including supply chain, in-house brands, new brand development, and cultivation and production operations, as well as developing…

Details

Northeast Alternatives Withdraws from Massachusetts Commonwealth Dispensary Association Over Lawsuit

January 25, 2021

FALL RIVER, Mass.–(BUSINESS WIRE)–Northeast Alternatives (NEA) leadership team released this statement Sunday, January 24, in regards to their decision to withdraw from the Massachusetts Commonwealth Dispensary Association over its lawsuit with the Cannabis Control Commission: NEA disagrees wholeheartedly with the decision made by the Commonwealth Dispensary Association to sue the Cannabis Control Commission. For decades,…

Details

MassRoots Releases Update on the Planned Asset Purchase of the Herbfluence Platform

January 25, 2021

DENVER–(BUSINESS WIRE)—- $MSRT–MassRoots, Inc. (“MassRoots” or the “Company”) (OTCPink:MSRT), a technology and media company focused on the regulated cannabis industry, issued the following update on its planned asset purchase of the Herbfluence platform. The Company entered into a Letter of Intent to purchase Herbfluence’s technology platform on December 29, 2020. Terms of the closing are…

Details

Columbia Care Celebrates Launch of Adult-Use Sales in Arizona at its SWC Dispensaries

January 25, 2021

NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the leading vertically-integrated cannabis companies in the U.S., announced this weekend the official launch of adult-use cannabis sales in Arizona at its SWC dispensaries in Tempe and Prescott. “We have been a proud member of…

Details

SweetWater Releases Oasis® Premium Hard Seltzer

January 25, 2021

ATLANTA–(BUSINESS WIRE)–SweetWater Brewing Company (“SweetWater”) today announced the introduction of a refreshingly tasty spin on hard seltzer with Oasis® Premium Hard Seltzer. Hitting shelves later this week, Oasis® hard seltzers are an easy-drinking, super-premium liquid made with real organic superfruit that’s a step up from traditional hard seltzer brands. Four lip smacking variants of Oasis®…

Details

Innovative Industrial Properties Acquires Property in Florida and Enters Into Long-Term Lease with Harvest

January 25, 2021

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 closed on the acquisition of a property in Alachua, Florida, which comprises approximately 295,000 square feet of industrial space. The purchase price…

Details

The Mint Dispensary Receives Approval to Sell Recreational Marijuana in Arizona

January 25, 2021

PHOENIX–(BUSINESS WIRE)–The Mint Dispensary, operator of the third-largest dispensary in the U.S. and the first cannabis kitchen of its kind in the nation, received approval from the Arizona Department of Health Services on Friday afternoon to sell recreational marijuana at its dispensaries in the state to adults ages 21 and over. “This is a major…

Details

US Cannabidiol (CBD) Market (2020 to 2024) – Size & Forecasts with Impact Analysis of COVID-19 – ResearchAndMarkets.com

January 22, 2021

DUBLIN–(BUSINESS WIRE)–The “The US Cannabidiol (CBD) Market: Size & Forecasts with Impact Analysis of COVID-19 (2020-2024 Edition)” report has been added to ResearchAndMarkets.com’s offering. The report provides an in-depth analysis of the CBD market in the US including detailed description of market sizing and growth. The report provides an analysis of the US CBD market…

Details

Cresco Labs Announces Closing of Offering of Subordinate Voting Shares

January 22, 2021

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 today the closing of its previously announced overnight marketed offering (the “Offering”) of subordinate voting shares (the “Offered Securities”) of the Company at a price of C$16.00 per share for total gross…

Details