Category Archives: Cannabis Industry News

Cannabis Industry News

Diamond CBD, POTN Subsidiary, Enters the $46 Billion Coffee Market With the Release of Premium Line of CBD-Infused Coffee & Tea K-Kup Capsules

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MIAMI–(BUSINESS WIRE)–Diamond CBD Inc., wholly owned subsidiary of PotNetwork Holdings, Inc. (OTC Pink: POTN), a leader in hemp extraction and innovative CBD products for the wellness market, enters the Coffee segment, an industry expected to reach revenues of $46 Billion in 2018. Produced in accordance with a universal K-Cup design, these pods fit in almost […]

TILT Holdings Strengthens Leadership Team, Appoints Lars Vaule Chief Operating Officer

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CAMBRIDGE, Mass.–(BUSINESS WIRE)–TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTC: SVVTF), a vertically-integrated infrastructure and technology platform serving the cannabis industry, today announced the appointment of Lars Vaule to the role of Chief Operating Officer, effective immediately. The position requires approval by the CSE. Based at the Company’s headquarters in Cambridge, Vaule will […]

Tilray® Invests C$7.5M in Québec-Based Cannabis Producer ROSE Lifescience Inc.

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NANAIMO, British Columbia–(BUSINESS WIRE)–Tilray, Inc. (NASDAQ:TLRY), a global pioneer in cannabis production and distribution, today announced an investment in Québec-based cannabis producer, ROSE LifeScience Inc. (“ROSE”) and an exclusive sale, supply, distribution and marketing agreement between High Park Farms Ltd. (“High Park”), a wholly-owned subsidiary of Tilray, and ROSE. Tilray will subscribe for 41 Class […]

Innovative Industrial Properties Declares Fourth Quarter 2018 Dividends

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SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR), the leading provider of creative real estate capital solutions to the medical-use cannabis industry, announced today that its board of directors has declared a fourth quarter 2018 dividend of $0.35 per share of common stock. The dividend is equivalent to an annualized dividend of $1.40 […]

TILT Signs Letter of Intent with Medical 420 to Service the European Market

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BOSTON–(BUSINESS WIRE)–TILT Holdings Inc. (“TILT” or the “Company”) (CSE:TILT) (OTC:SVVTF), a vertically-integrated infrastructure and technology platform for the cannabis industry, announced today its intended expansion into the European market. It has signed a letter of intent with Medical 420 (“M420”), a large-scale vertical cannabis company, to provide cannabis processing, logistical support and supply chain management […]

DionyMed Brands Inc. Announces Completion of its Acquisition of Direct-to-Consumer California Delivery Retailer, HomeTown Heart

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TORONTO–(BUSINESS WIRE)–DionyMed Brands Inc. (“DionyMed” or the “Company”) (CSE: DYME), a multi-state cannabis brand and distribution platform, today announced it has completed its previously announced acquisition of HomeTown Heart, expanding the Company’s direct-to-consumer delivery platform in California. The purchase price of US$18 Million is comprised of approximately US$6 Million paid upon closing of the transaction […]

Leafbuyer Technologies Announces Integration with Major Industry Point of Sale Systems, Enhancing Website and Online Ordering Capabilities

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DENVER–(BUSINESS WIRE)–Leafbuyer Technologies, Inc. (OTC:LBUY) (“Leafbuyer” or “the Company”) announces today its integration with five industry leading Point of Sale (POS) systems, including GreenBits, Adilas, Cova, MMJ Menu, and MJ Freeway. POS systems help dispensaries in every legal market track cannabis products from seed to sale and then conduct a transaction. At any point, the dispensary’s POS […]

EVIO Canada’s Keystone Labs Receives Grant Funding

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BEND, Ore.–(BUSINESS WIRE)–EVIO Inc. (“EVIO” or the “Company”), (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, is pleased to announce that EVIO Canada’s Keystone Labs in Edmonton has received a grant from the German-Canadian Centre for Innovation and Research (GCCIR). The overarching goal of the Alberta-Europe Technology […]

Applied DNA Announces Selected Preliminary Unaudited Fiscal 2018 Year End and Fourth Quarter Financial Results

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STONY BROOK, N.Y.–(BUSINESS WIRE)–Applied DNA Sciences, Inc. (NASDAQ:APDN) (“Applied DNA” or the “Company”), a leader in large-scale PCR-based DNA manufacturing, announced selected preliminary unaudited financial results for the full fiscal year and quarter ended September 30, 2018. Preliminary (Unaudited) Fiscal 2018 Financial Results: Revenues for fiscal 2018 totaled $3.9 million, a decrease of 18% from […]

Tilray® Announces International Advisory Board

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NANAIMO, British Columbia–(BUSINESS WIRE)–Tilray, Inc. (NASDAQ:TLRY), a global pioneer in cannabis production and distribution, today announced the formation of its International Advisory Board, an esteemed group of business and government leaders who will provide guidance to Tilray’s executive team and Board of Directors as the company pursues its aggressive global growth strategy. “We are honored […]