News

QUEBEC CITY–(BUSINESS WIRE)–Devonian Health Group Inc. (“Devonian” or the “Corporation”) (TSXv:GSD), a clinical stage botanical pharmaceutical corporation, focused on developing a unique portfolio of botanical pharmaceutical and cosmeceutical products, announced today the signature of a lease Agreement with Hzb Pharma Canada Inc. (Hzb). This agreement includes the installation of state-of-the-art ethanol extraction equipment in Devonian’s…

Halo Exercises Option to Acquire Outer Galactic Chocolates, a Type N License in California

TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce it has exercised Mendo Distribution and Transportation’s (“MDT”) option to purchase award winning Outer Galactic Chocolates LLC (“OGC”), holder of a Type N manufacturing license. MDT was recently acquired by the Company through merger on January 9,…

Xtraction Services Shares Commence Trading on the OTCQB Venture Market in the United States Under the Symbol XSHLF

LOS ANGELES–(BUSINESS WIRE)–Xtraction Services Holding Corp. (“Xtraction Services,” “XS” or the “Company”) (CSE:XS) (OTCQB:XSHLF), a specialty finance company engaged in equipment leasing in the United States, is pleased to announce that OTC Markets Group Inc. has approved the trading of Xtraction Services shares on the OTCQB Venture Market. The company’s shares will commence trading under…

Lygos Acquires Librede to Accelerate Cannabinoid Production for Consumer, Nutraceutical and Pharmaceutical Products

BERKELEY, Calif.–(BUSINESS WIRE)–Lygos, Inc., a full-stack provider of sustainable specialty chemicals that deliver high-value performance without environmental toxicity, today announced the acquisition of Librede, Inc., an emerging synthetic biology company focused on cannabinoid products for the consumer market. The combined proprietary technology platforms enable Lygos to accelerate the development of high-quality, sustainable and rare cannabinoids…

San Francisco and GTY’s CityBase Launch Online Recreational Cannabis Business Licensing System

AUSTIN, Texas & CHICAGO & SAN FRANCISCO–(BUSINESS WIRE)–Government technology firm CityBase has partnered with the City and County of San Francisco to launch a new online recreational cannabis business licensing system, enabling companies that want to sell cannabis to submit their permit applications and fees in one place. CityBase is a business unit of GTY…

Irwin Naturals Expands Portfolio with Launch of HydroCanna™ CBD Skin Care Products

LOS ANGELES–(BUSINESS WIRE)–Today Irwin Naturals, a leading manufacturer of herbal and CBD products, announced its expansion into the CBD skin care market by launching its HydroCanna™ face, body and hair products. The new line incorporates two primary goals for Irwin Naturals: a commitment to creating innovative products with high-quality ingredients and offering them at fair…

VerdePharmHealth Announces Launch of Comprehensive Cannabis Solutions

NEW HOPE, Pa.–(BUSINESS WIRE)–VerdePharmHealth announced the launch of a unique model – a cannabis group purchasing organization (VerdePharm GPO) coupled with a clinical education & healthcare technology solutions business (VerdePharm Solutions). The first organization of its kind in the U.S., VerdePharmHealth’s multi-specialty model is designed to drive high-level commitment and affordability for members through accessibility…

MedMen Announces Closing of Secured Term Loan Amendment and Equity Placement

LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) (“MedMen” or the “Company”), a leading cannabis retailer with operations across the U.S., today announced the execution and closing of definitive documentation for the previously announced amendments to the terms and conditions of the US$78 million senior secured term loan (“October 2018 Loan”) with funds managed…

Organigram Reports First Quarter Fiscal 2020 Results

MONCTON, New Brunswick–(BUSINESS WIRE)–Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce its results for the first quarter ended November 30, 2019 (“Q1” or “Q1 2020”). (in 000s) Q1-2020 Q1-2019 % Change Select Key Financial Metrics …

Shareholder Alert: Robbins LLP Announces Aurora Cannabis, Inc. (ACB) Sued for Misleading Shareholders

SAN DIEGO & EDMONTON, Alberta–(BUSINESS WIRE)–Shareholder rights law firm Robbins LLP announces that a purchaser of Aurora Cannabis, Inc. (NYSE: ACB) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between October 23, 2018 and January 6, 2020. Aurora produces and distributes medical cannabis products. If…

cbdMD, Inc. Announces Closing of $18.4 Million Underwritten Public Offering of Common Stock

CHARLOTTE, N.C.–(BUSINESS WIRE)–cbdMD, Inc. (NYSE American: YCBD, YCBD PR A), today announced the closing of its previously announced underwritten public offering for total gross proceeds of $18,400,000, before deducting underwriting discounts, commissions and other offering expenses payable by the company. cbdMD sold an aggregate of 18,400,000 shares of its common stock at a purchase price…

The Arcview Group Welcomes New President Kimberly Kovacs

OAKLAND, Calif.–(BUSINESS WIRE)–The Arcview Group today announced the hiring of cannabis entrepreneur Kimberly Kovacs as its new President. Kimberly has over 20 years of executive leadership and experience across technology services and investment companies. As the founder and CEO of MyJane, Kim built a cannabis wellness technology platform which was acquired in January of 2019…