Category Archives: Cannabis Industry News

Cannabis Industry News

FSD Pharma Receives Standard Processing License

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TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (“FSD Pharma” or the “Company”) (CSE: HUGE) (OTC: FSDDF) (FRA: 0K9) announced today that its wholly-owned subsidiary, FV Pharma Inc. (“FV Pharma”), a licensed cannabis producer under the Cannabis Act, has received its Standard Processing License (the “Processing License”). According to Health Canada’s new Cannabis Act regulations, the Processing License is required for […]

2018 Healthcare Research Review with Revenue Forecasts to 2023 – Components, Applications, End-users and Modes of Deployment in 3D Medical & Surgical Platforms – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “2018 Healthcare Research Review” report has been added to ResearchAndMarkets.com’s offering. The scope of this report is broad. It covers components, applications, end users and modes of deployment in 3D medical and surgical platforms. The market has been segmented by components into hardware, software and services. Revenue forecasts for 2018-2023 are given for […]

IIP Operating Partnership, LP Prices Private Offering of $125 Million of 3.75% Exchangeable Senior Notes Due 2024

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SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that its operating partnership subsidiary, IIP Operating Partnership, LP (the “Operating Partnership”), priced a private offering of $125 million aggregate principal amount of 3.75% Exchangeable Senior Notes due 2024 (the “Notes”). The Operating Partnership has granted the initial purchasers of the Notes a 30-day […]

InkHouse Promotes Dan O’Mahony to General Manager of San Francisco Office

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WALTHAM, Mass.–(BUSINESS WIRE)–InkHouse, an integrated public relations agency, today announced Dan O’Mahony as the new general manager and executive vice president of the company’s San Francisco office. Dan has served as a senior member of the InkHouse team since joining the agency in October 2014 and has been a key contributor to an office that […]

1stWEST M&A Just Published a Definitive, Book-Length Guide to Company Valuations, Mergers, and Acquisitions for Cannabis and Hemp Companies

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EVERGREEN, Colo.–(BUSINESS WIRE)–1stWEST Mergers and Acquisitions today announced that two of its Managing Directors, Dr. Carl Craig and John D. Wagner, have published a definitive book to guide cannabis and hemp companies through every step of the mergers and acquisitions process. The book, “M&A Basics For Cannabis & Hemp Companies: A Company Owner’s Guide to […]

Harvest Health & Recreation Agrees to Acquire California’s Falcon International Corp.

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PHOENIX–(BUSINESS WIRE)–Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company with one of the largest footprints in the U.S., announced a definitive agreement to acquire Falcon International Corp. (“Falcon”), a California cannabis company and leader in cultivation, manufacturing, wholesale distribution and brand development, for a non-material undisclosed amount of stock. […]

TILT Holdings Reports Preliminary Consolidated Revenue for January 2019 and Fiscal Year 2018

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CAMBRIDGE, Mass.–(BUSINESS WIRE)–TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTC: SVVTF) today announced preliminary and unaudited pro forma January 2019 gross revenue of US$18.3 million(1). This compares favorably to the Company’s unaudited pro forma 2018 annual gross revenue of US$97.3 million(2). Gross margins for January were 16% given the early stages of business […]

FSD Pharma Provides Update on Operations, Strategy and Leadership

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TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) (“FSD”), a licensed producer under the Cannabis Act, today provided a corporate update on operations, strategy and leadership changes. Management Changes On February 6, 2019, the Company announced it had implemented changes in leadership and business practices to optimize operations. Accordingly, the Company announced that […]

Flow Kana Raises $125 Million to Build Largest Sustainable Cannabis Supply Chain

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REDWOOD VALLEY, Calif.–(BUSINESS WIRE)–Flow Kana, the leading sustainable supply chain company and distributor of sungrown cannabis products and services, today announced the completion of a $125 million round of financing – the nation’s largest private funding round for a private cannabis company to date. Gotham Green Partners, which led Flow Kana’s Series A raise in […]

CORRECTING and REPLACING Sera Labs A Leading Online Premier CBD Brand Receives Funding from ToroVerde Inc.

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LOS ANGELES–(BUSINESS WIRE)–In the second paragraph, first sentence, the year should read 2018 (instead of 2017). The corrected release reads: SERA LABS A LEADING ONLINE PREMIER CBD BRAND RECEIVES FUNDING FROM TOROVERDE INC. Partnership Accelerates Growth and Strengthens Position as CBD Industry Leader Today Sera Labs Inc. announced an investment of $5 million from the […]