Category Archives: Cannabis Industry News

Cannabis Industry News

IIP Operating Partnership, LP Commences Offer of Exchangeable Senior Notes

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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”), has commenced a private placement, subject to market conditions, of $100 million aggregate principal amount of Exchangeable Senior Notes due 2024 (the “Notes”). The Operating Partnership plans to grant the initial purchasers […]

Sproutly Provides Strategic Update

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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 provide a strategic update on the development of its business to date. Sproutly continues to make substantial progress towards its goal of becoming a global cannabis beverage and edibles company. “Sproutly has made significant progress towards […]

Select CBD Line by Cura Now Sold at New Seasons Market’s 21 Stores

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PORTLAND, Ore.–(BUSINESS WIRE)–Select CBD, an industry-leading hemp-derived CBD brand by Cura Wellness, proudly announces its partnership with New Seasons Market to provide products for sale at New Seasons neighborhood grocery stores in Oregon, California and Washington. Customers can purchase Select’s hemp-derived line of Select CBD Drops, Select PETS Drops, Select Muscle Rub and Montel by […]

Univo Acquires Licenses to Become the One-Stop Shop for Medical-Grade Cannabis Products from Seed to Market

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ASHKELON, Israel–(BUSINESS WIRE)–Univo (Unvmed.com), the complete solution for medical cannabis distribution, announces the development of its state-of-the-art facility and an investment by Hagag Group worth NIS 6 million. Univo is one of the few medical cannabis companies in the world to hold all four licenses for cultivation, research and development, production, and distribution of their […]

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

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LOS ANGELES–(BUSINESS WIRE)–Today Sera Labs Inc. announced an investment of $5 million from the Canadian based, Cannabis private equity fund, ToroVerde Inc. Sera Labs is a leading online premier CBD brand already hailing unprecedented digital success, generating over $2 million in online sales since the brands inception in July 2017. The brand was created to […]

MedMen Completes Previously Announced Acquisition of Vertically-Integrated Arizona Operator

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LOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) is pleased to announce that it has closed its previously announced acquisition (the “Acquisition”) of Kannaboost Technology Inc. and CSI Solutions LLC, collectively referred to as “Level Up,” two vertically-integrated operations in Arizona. The acquisition includes retail locations in Scottsdale […]

NanoSphere Opens $2 million Private Placement Offering

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DENVER–(BUSINESS WIRE)–NanoSphere Health Sciences Inc. (CSE: NSHS) (OTC: NSHSF) (“Nanosphere” or “the Company”) is pleased to announce that it will conclude a private placement of up to CAD$2,000,000, which will incorporate the balance of the financing announced on November 16, 2018 as updated December 17, 2018. The private placement will consist of 6,666,667 units (“Units”) […]

Seoul Semiconductor’s SunLike Series Natural Spectrum LEDs Adopted by Rofianda B.V. for Horticulture LED Lighting in the Netherlands

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ANSAN, South Korea–(BUSINESS WIRE)–Seoul Semiconductor Co., Ltd. (KOSDAQ 046890), a leading global innovator of LED products and technology, announced that its SunLike Series natural spectrum LEDs have been adopted for horticulture LED lighting by the lighting solution company Rofianda B.V., located in the Netherlands, the second largest agricultural exporter in the world. While it is […]

MicroPact Powers Illinois Opioid Alternative Pilot Program

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HERNDON, Va.–(BUSINESS WIRE)–MicroPact, the passion and technology that’s transforming government, has implemented a system for the Illinois Department of Public Health (IDPH) Office of Health Promotion (OHPm) in support of a new program that provides access to medical cannabis as an alternative to opioids for pain control. MicroPact is providing entellitrak®, a low-code application development […]

Harvest Health & Recreation Opens its First Dispensary in Florida, a Pivotal Growth Market for the Multi-State, Vertically Integrated National Cannabis Operator

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PHOENIX–(BUSINESS WIRE)–Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated public cannabis company with one of the largest footprints in the U.S., announced the opening of its first Florida medical marijuana dispensary, located at 4967 West Irlo Bronson Highway in Kissimmee. This past November, Harvest Health & Recreation Inc. (Harvest) acquired 100 percent […]