Category Archives: Cannabis Industry News

Cannabis Industry News

TILT Acquires Cannabis Distribution Startup Blackbird and Medical Cannabis Operator Standard Farms

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BOSTON–(BUSINESS WIRE)–TILT Holdings Inc. (“TILT” or the “Company”) (CSE:TILT), a vertically-integrated infrastructure and technology platform serving the cannabis industry, announced it has acquired two leading cannabis companies to expand its capabilities in the cultivation and logistics spaces. TILT has acquired Blackbird Holdings Corp. (“Blackbird”), a distribution company providing logistics operations and software solutions for each […]

Tilray® Announces Support for Study Led by University of Sydney Examining the Effects of Driving under the Influence of Cannabis

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NANAIMO, British Columbia–(BUSINESS WIRE)–Tilray, Inc. (NASDAQ: TLRY), a global leader in cannabis research and production, today announced that it partnered with researchers at the Lambert Initiative for Cannabinoid Therapeutics at the University of Sydney to complete a study examining the effects of cannabis on driving and cognitive function. “The Effects of Medicinal Cannabinoids on Driving” study […]

TILT Holdings Commences Trading on Canadian Securities Exchange Under Ticker Symbol “TILT”

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TORONTO–(BUSINESS WIRE)–Today, TILT Holdings Inc. (“TILT” or the “Company”) (CSE:TILT), a vertically-integrated infrastructure and technology cannabis company, officially began trading on the Canadian Securities Exchange. TILT is one of the cannabis industry’s most comprehensive platforms and is organized around its two primary business lines; technology and infrastructure. In recent news, the Company announced major updates […]

Cresco Labs Acquires Assets in Massachusetts with First Cannabis Harvest Planned for Spring 2019

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CHICAGO–(BUSINESS WIRE)–Cresco Labs, (CSE:CL) one of the largest vertically integrated multistate cannabis operators in the United States, today announced a definitive agreement to acquire 100% of the shares and membership interests of Hope Heal Health, Inc. (“HHH”) and an affiliated real estate entity. The HHH assets include state registration and licensing that will allow for […]

FSD Pharma Announces Collaboration and License Agreement with World Class Extractions

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TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (“FSD Pharma”) (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9), which, through its wholly-owned subsidiary, FV Pharma Inc. (“FV Pharma”), is a licensed producer pursuant to the Cannabis Act, announced today that it has entered into a definitive Collaboration and License Agreement (the “Agreement”) with World Class Extractions Inc. (“World Class”), a company […]

Sproutly Announces Hiring New President from Anheuser-Busch InBev and Kimberley Clark

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VANCOUVER, British Columbia–(BUSINESS WIRE)–Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) (“Sproutly” or the “Company”) is pleased to announce the hiring of Bryan Semkuley to the senior leadership team as President of Sproutly to accelerate the Company’s strategic objectives of becoming a leading cannabis formulations company focused on beverages. “We are pleased that Mr. […]

MedMen Appoints Veteran Retail Finance Executive as Chief Financial Officer

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LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) announced today the hiring of Michael W. Kramer, a veteran finance executive with a proven track record at retailers such as Apple Inc., Abercrombie & Fitch and Forever 21, as Chief Financial Officer. “Michael’s extensive financial and operational experience in retail […]

Salveo Capital Announces Investment in Ascend Wellness

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CHICAGO–(BUSINESS WIRE)–Salveo Capital, an alternative investment firm specializing in the legalized cannabis space, today announced it has acquired a minority equity interest in Ascend Wellness (“Ascend”), a vertically integrated multi-state operator in the cannabis industry. Ascend is a Massachusetts-based cannabis company with developing licenses in Illinois and Michigan. Together, the three markets are comparable in […]

The Growing of Cereals and Other Crops in South Africa 2018 – The Private Use of Cannabis Could Lead to Increased Opportunities – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Growing of Cereals and Other Crops in South Africa 2018” report has been added to ResearchAndMarkets.com’s offering. The Growing of Cereals and Other Crops in South Africa: This report focuses on the growing of cereals and other crops in South Africa. These include maize, wheat, sugar cane, sunflower seeds, cotton and tobacco. The […]

Cresco Labs Begins Trading on the Canadian Securities Exchange Under Ticker Symbol ‘CL’

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CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc., one of the largest vertically integrated multistate cannabis operators in the United States, begins trading today on the Canadian Securities Exchange (“CSE”) under the ticker symbol “CL.” “Today marks the beginning of an exciting new chapter in Cresco’s growth story,” said Charles Bachtell, CEO of Cresco Labs. “Not only do we […]