Situated in Naugatuck, a borough south of Connecticut’s capital with more than 31,000 residents1, Zen Leaf Naugatuck is the third of six planned social equity joint venture dispensaries the Company expects to open across the state, with 20 new team members hired locally Zen Leaf Naugatuck serves both medical patients and adult use customers, joining Verano’s existing vertical Connecticut operations that include... Read more
TORONTO, May 02, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced a bold new range of cannabis-infused beverages from XMG, under two of its sub-brands: XMG Zero and XMG Plus (“XMG+”). XMG Zero, an extension of XMG’s original core line, now offers two new THC beverages: Cream Soda Zero and Orange Soda... Read more
New Store Represents Canna Cabana's 60th Location in the Province of Ontario CALGARY, AB, May 2, 2024 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 1660 20th Avenue East, Owen... Read more
CALGARY, AB, May 2, 2024 /CNW/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL"), through its joint venture in SunStream Bancorp Inc. ("SunStream Bancorp"), today announced the SunStream USA group of companies (collectively, "SunStream USA Group") intends to proceed with the acquisition of equity positions in U.S. cannabis assets. This follows the completion of a review by SNDL's listing authority, Nasdaq. SNDL has been in... Read more
VANCOUVER, BC and LAS VEGAS, NV / ACCESSWIRE / April 30, 2024 / Ovation Science Inc. ("Ovation" or the "Company") (CSE:OVAT) (OTCQB:OVATF), with its proprietary topical and transdermal cannabis products powered by its patented skin delivery technology Invisicare®, today announced the official launch of its topical product line in Nevada with Planet 13 Holdings, Inc. (CSE:PLTH)(OTCQX:PLNH) ("Planet 13"). These... Read more
Canada's Leading Medical Cannabis Company and MedReleaf Australia Launch Innovative Product to Offer Greater Choice for Patients EDMONTON, AB, April 30, 2024 /CNW/ - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) – the Canadian based leading global medical cannabis company, in conjunction with MedReleaf Australia, is pleased to announce the expansion of its portfolio with the introduction of a... Read more
Gross profit before fair value changes reached $2.4 million, reflecting a 126% year-over-year increase. Company demonstrates financial gains with a 23% reduction in the cost of goods sold. SG&A declined 14% compared to the previous year. Color Cannabis secures a #6 spot in the national pre-roll market. TORONTO, April 30, 2024 (GLOBE NEWSWIRE) -- Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE:... Read more
Net revenue, increased to $19.7 million in Q2 2024 from $13.0 million in Q2 2023, a 51.0% increase. Gross profit, before fair value adjustments, increased to $7.1 million in Q2 2024 from $4.0 million in Q2 2023, a 77.2% increase. Delivered a twelfth consecutive quarter of positive Adjusted EBITDA1 of $3.5 million. All financial results are reported in Canadian dollars, unless otherwise... Read more
Annual revenue for fiscal 2023 increases to $88.3 million Gross profit for fiscal 2023 of $29.5 million, a $6.8 million, or 30%, increase from $22.7 million for fiscal 20221 Adjusted EBITDA2 for fiscal 2023 increases to $5.5 million TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) is pleased to report it has filed its Consolidated Audited... Read more
Etain received New York Cannabis Control Board approval to commence adult-use operations in New York Ended the year with $81.9 million of cash to support operationalization of New York market and growth initiatives Reported net loss of $47.3 million for the quarter, primarily related to a non-cash pre-tax impairment charge on goodwill and intangible assets of $48.7 million Subsequent to period end, Etain... Read more
Achieved positive Adjusted EBITDA* for the 12th consecutive quarter Continued focus on expanding offering and distribution of flagship brands The Botanist and Superflux in advance of Canopy USA Reduced Q4 2023 operating expenses by 72% year-over-year, including a nearly 50% decrease in G&A expenses Canopy shareholders approved reorganization on April 12, 2024, another step toward Canopy USA NEW YORK,... Read more
TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company today announced the release of new cannabis flower products added to the Good Supply® ‘Bud Squad’. Good Supply’s signature Bud Squad product campaign was created to help consumers understand the true sensory experiences and unique characteristics of the... Read more
CHICAGO and VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- RISE Dispensaries, a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), today announced that RISE Dispensary Wesley Chapel, the Company’s 16th retail location in Florida and 93rd nationwide, will open April 26 with special discounts and complimentary... Read more
Bolsters Company's Advantage in Several Key Emerging Markets, including Australia, New Zealand, Germany, Poland and the United Kingdom NEW YORK, April 22, 2024 /CNW/ -- Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, announced today the closing of its acquisition of Northern Green Canada ("NGC"), a... Read more
New location on U.S. Highway 1 will host grand opening celebration Friday TALLAHASSEE, Fla., April 22, 2024 /CNW/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the opening of a new medical cannabis dispensary in North Palm Beach, Florida. A grand opening celebration will be held Friday,... Read more
MELBOURNE, Fla., April 22, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a leading holding company specializing in innovative product development within the better-for-you and functional beverage sector, proudly announces its eagerly awaited first production run of HighDrate D9 Drinks, scheduled for May 17, 2024. The introduction of HighDrate D9 Drinks marks a significant milestone for Kona Gold,... Read more
TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing, and commercialization of plant-derived cannabinoid-based products is pleased to announce that it has closed a non-brokered private placement offering of 5,313,959 units of the Company (the “Units”) at a price of $0.40... Read more
80,000 Square Foot (7,500 Square Meter) Property includes 12 GMP Clean Rooms, Laboratory and Office space, and can accommodate expanded 50 Ton Manufacturing facility New Production Technologies Implemented at this Campus will serve to optimize the planned US-based 150-ton manufacturing facility Vancouver, British Columbia and Rehovot, Israel--(Newsfile Corp. - April 16, 2024) - BioHarvest Sciences... Read more
Acquisition capitalizes on TruHC's strategically built German cannabis platform, including: EU-GMP processing and production license GDP wholesale license for import / export EU-GMP certified customizable modules with flexibility to incorporate various production / packaging processes and which enable license extension for future in country cultivation and supply to cannabis dispensaries Narcotics license... Read more
REDWOOD CITY, CA / ACCESSWIRE / April 16, 2024 / Juva Life Inc. (CSE:JUVA) (OTCQB:JUVAF) (FRANKFURT:4VV) ("Juva Life" or the "Company"), Juva Life Inc, a life science company with both pharmaceutical research and development and consumer-facing operations in cannabis production and distribution, is thrilled to announce the upcoming launch of Rosin Absolute, a new cannabis vape category developed by its flagship... Read more
FY 2023 Revenue of $97.4 Million, Excluding Discontinued Operations FY 2023 Adjusted EBITDA1 of $10.1 Million Appointed Peter Kampian as Chief Financial Officer Wholesale Revenue Growth in Massachusetts and Illinois: 42% and 75% Year Over Year Furthers Expansion Strategy in Illinois PHOENIX, April 15, 2024 /CNW/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the... Read more
Gross Revenue Outperforms Guidance: Achieved $8.9 million in Gross Revenues, outperforming the guidance range of $8.2 million to $8.7 million. Trending Revenue Growth: Record Net Revenue increased 15% to $8.1 million. International Expansion Surge: Global sales increased 21% to a record of $3.3 million, underscoring strong demand for Avant's premium products internationally. Enhanced Profitability: Achieved a... Read more
TROY, Mich., April 15, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced financial results for the fiscal year ended December 31, 2023. During the quarter ended December 31, 2023, the Company achieved its first positive quarterly net income of approximately... Read more
Las Vegas, Nevada--(Newsfile Corp. - April 15, 2024) - CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE: CLSH), the ''Company'' or ''CLS,'' a diversified cannabis company operating as Cannabis Life Sciences, today announced its financial results for the quarter ending February 29, 2024, and provided a detailed industry analysis in a statement from Chairman and CEO, Andrew Glashow. CEO Andrew Glashow Shares Insights on... Read more
Achieved adjusted gross profit margin1 of approximately 51% in Q4 FY2023 and 52% in FY2023 Operating Expenses decreased approximately 19% in Q4 FY2023 and 21% in FY2023 Increased annual adjusted gross profit1 by 6% Launched wholesale offering in Vermont to capitalize on increase in licensed retail businesses Toronto, Ontario--(Newsfile Corp. - April 12, 2024) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB:... Read more
Kona Gold Beverages & Apple Rush Co. Execute Joint Venture & Manufacturing Agreement Lena Brewing to Co-Pack Highly Anticipated Products for Kona Gold Beverages MELBOURNE, Fla., April 11, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a prominent holding company specializing in cutting-edge product development within the better-for-you and functional beverage sector, proudly announces... Read more
Fort Lauderdale, Florida--(Newsfile Corp. - April 11, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world, is pleased to announce it has entered an exclusive distribution agreement with Me Raw Trade Ltd. ("Me Raw") to distribute both JustCBD... Read more
NORWOOD, Mass., April 11, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced the closing of its acquisition of Allgreens Dispensary, LLC on April 9, 2024. The approval of the license transfer by the Illinois Department of Financial & Professional Regulation, and subsequent closing of the... Read more
VANCOUVER, BC and LAS VEGAS, NV / ACCESSWIRE / April 11, 2024 / (CSE:OVAT)(OTCQB:OVATF) - Ovation Science Inc. ("Ovation" or the "Company"), with its patented topical and transdermal cannabis products powered by its skin delivery technology Invisicare®, is pleased to announce the signing of an exclusive licensing agreement for Ovation's products for Canada with Ripco Processing Inc. ("Ripco"); a company based in... Read more
VANCOUVER, British Columbia and ORLANDO, Fla., April 11, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” and “Company”) (NASDAQ: VFF) has gained national market share for eight consecutive months, making it the fastest growing producer among the top five licensed producers in Canada.1 According to provincial data, the Company has also regained the #1 licensed producer position in... Read more
Fort Lauderdale, Florida--(Newsfile Corp. - April 10, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world, has entered into a strategic distribution agreement with IM Cannabis Corp. ("IMC") for Vessel products in Israel. Vessel is a wholly... Read more
TORONTO, April 10, 2024 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing, and commercialization of plant-derived cannabinoid-based products is pleased to announce the completion of its observational real-world evidence (“RWE”) study using RHO Phyto branded cannabigerol (“CBG”) transdermal gel... Read more
NORWOOD, Mass., April 10, 2024 (GLOBE NEWSWIRE) -- Leading multi-state cannabis operator MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD) today announced a historic marketing partnership with two iconic venues in Boston, the MGM Music Hall Fenway and Citizens House of Blues Boston. This groundbreaking partnership marks Nature’s Heritage as the Exclusive Cannabis Sponsor, elevating the brand at highly anticipated... Read more
NORWOOD, Mass., April 09, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed,” “the Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced the closing of its acquisition of the operating assets of Our Community Wellness & Compassionate Care Center, Inc. ("Medleaf") in Prince George's County, Maryland on April 5th. Just prior to closing,... Read more
Achieved Net Revenue of $188 Million, ~ 30% Net Revenue Growth Over the Prior Year Quarter Beverage-Alcohol Net Revenue Increases 165% Over the Prior Year Quarter, 5th Largest Craft Beer Brewer in the U.S.1 with 4.5% Craft Beer Market Share Global Cannabis Net Revenue Increases 33% with International Cannabis Growth of 44% Over the Prior Year Quarter, #1 Market Share in Canada and #1 Market Share in... Read more
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company") a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced that it has completed the acquisition (the "Property Acquisition") of real property associated with a cannabis dispensary in Athens, Ohio as part of the previously disclosed Ohio... Read more
TORONTO, April 04, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray") (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis lifestyle and consumer packaged goods company, through its wholly-owned licensed subsidiaries, Aphria Inc., Hexo Operations Inc., and Truss Beverages Company Limited, announces its latest product lineup and 420 celebratory activations across Canada. Tilray’s cannabis brands including... Read more
Already the Second Largest Cannabis Retailer in North America by Store Count, The Company Now Becomes the Largest Cannabis Retailer in Canada's Fastest Growing City CALGARY, AB, April 4, 2024 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced... Read more
KELOWNA, BC, TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / April 4, 2024 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products and IM Cannabis Corp. (CSE:IMCC)(NASDAQ:IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany, are pleased to announce the... Read more
Success of the brand owed to ongoing pipeline of innovative products designed to delight consumers. TORONTO / Apr 03, 2024 / Business Wire / Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”), a leading licensed producer of cannabis, celebrates a monumental achievement as its SHRED brand surpasses the $200 million mark in yearly retail sales.1 SHRED revolutionized the cannabis... Read more
COPYRIGHT ©2022 GREEN STOCK NEWS