Category Archives: Cannabis Industry News

Cannabis Industry News

Fishbowl Provides Legal Cannabis and Marijuana Tracking and Inventory Management

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OREM, Utah–(BUSINESS WIRE)–Fishbowl® meets the extraordinary tracking and inventory management needs of people and companies authorized to provide legal Cannabis services and products among the increasing number of states who have legalized Marijuana for medical or recreational use. Cannabis business owners need both specialized and broad-spectrum technology and software tools for their operations. Cannabis tracking […]

DionyMed Brands Inc. Signs Definitive Agreement for an up to US$40 Million Credit Facility

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TORONTO–(BUSINESS WIRE)–DionyMed Brands Inc. (“DionyMed” or “Company”) (CSE:DYME), a multi-state cannabis brand and delivery platform, today announced it has signed a definitive agreement (the “Agreement”) for a two-year, up to US$40 million senior secured credit facility from a syndicate of investors. The credit facility consists of a US$15 million term loan facility and a US$25 […]

MedMen Releases Preliminary Second Quarter 2019 Systemwide Revenue Results

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LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) announced today unaudited systemwide revenue for its fiscal 2019 second quarter ended December 29, 2018. Across the Company’s operations in California, Nevada, New York and Arizona, systemwide revenue was US$29.9 million (CA$39.7 million). This represents a 40% quarter-over-quarter increase over […]

David Roberson Joins RoseRyan as Vice President to Lead Cannabis and Private Equity Initiatives

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NEWARK, Calif.–(BUSINESS WIRE)–RoseRyan, the San Francisco Bay Area finance and accounting consulting firm that takes companies further, faster, with proven finance solutions, today announced that David “Dave” Roberson has joined as vice president. As a member of RoseRyan’s leadership team, he will lead the firm’s cannabis business, deepen client engagements, head up large-scale client engagements […]

Conception Nurseries, a Leading Cannabis Micropropagation Company, Comes out of Quiet Production and Launches Publicly Today

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PORTLAND, Ore.–(BUSINESS WIRE)–Conception Nurseries, a cannabis micropropagation company that has been quietly developing cannabis tissue culture clones for nearly two years, is now launching publicly. Conception is bringing tissue culture technology, a crucial component of industrial scale agriculture, to the cannabis industry. With tissue culture micropropagation, Conception produces plantlets that are free of pathogens and […]

Cresco Labs Continues First to Market Strategy in Ohio by Facilitating First Legal Sale of Medical Marijuana under State Program

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WINTERSVILLE, Ohio–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, today announced the opening and first legal sale of medical marijuana in the state of Ohio at its CY+ dispensary, making this the second state medical marijuana program in which the Company has […]

Levelblox Signs New Blockchain Development Agreement with AltMed Florida, a Vertically Integrated Medical Cannabis Company, for a Seed-to-Sales Blockchain Application

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SARASOTA, Fla.–(BUSINESS WIRE)–LevelBlox, Inc. (OTCQB:LVBX) (“LevelBlox”), a leading developer of Software Asset Management (“SAM”) applications and enterprise Blockchain platforms on the Oracle Blockchain Cloud, announced today that it has signed a Blockchain development agreement with AltMed Florida, a licensed cultivator, manufacturer, and distributor of medical cannabis in the State of Florida. The agreement encompasses the […]

TILT Holdings Announces Closing of Blackbird Deal

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CAMBRIDGE, Mass.–(BUSINESS WIRE)–TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTC: SVVTF), a global technology and infrastructure company engaged in research, development, manufacturing and sale of a broad range of products for the cannabis industry, announced today it closed the acquisition of Blackbird Holdings Corp. (“Blackbird”), previously announced on December 6, 2018 (the “Acquisition”). […]

Greenlane Announces Closing of Pollen Gear Acquisition

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BOCA RATON, Fla.–(BUSINESS WIRE)–Greenlane Holdings LLC (“Greenlane”), a leading distributor of premium vaporization products and consumption accessories, is pleased to announce the closing of its acquisition of Pollen Gear™, a leading producer of premium, customizable child-resistant packaging solutions. For the past three years, Greenlane and Pollen Gear have worked closely together to bring industry leading […]

BEYOND / HELLO to Host the Inaugural GO BEYOND Open House & Conference: A-Free-and-Open-to-the-Public Event Promoting Candid Discussions about Medical Marijuana, Pennsylvania’s Program, Resources, Treatments and Culture

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PHILADELPHIA–(BUSINESS WIRE)–BEYOND / HELLO, a leading cannabis dispensary company focused on bringing the best personalized treatments and products to customers, will host the inaugural GO BEYOND Open House & Conference, a free-and-open-to-the-public event dedicated to promoting candid discussions about medical marijuana, the state’s program, community, education and culture on Thursday, January 17, 2019 from 10:00 […]