Safe Harbor Financial logo

Safe Harbor Collects Entire Principal on $3.1M in-Default Loan

GOLDEN, Colo. -- SHF Holdings Inc., d/b/a/ Safe Harbor Financial, a leader in facilitating financial services and credit facilities to the regulated cannabis industry, successfully exited a $3.1 million loan that was previously in default. In...
Indiva logo

Bidding Commences for Court-Approved Sale of Indiva

LONDON, Ontario -- Indiva Limited was granted creditor protection pursuant to an order from the Ontario Superior Court of Justice (Commercial List) under the Companies’ Creditors Arrangement Act (the “CCAA”). The Initial Order also appointed PricewaterhouseCoopers Inc....
Sunflora Sunmed logo

Sunmed Files Suit to Stop Iowa Hemp Law

DES MOINES, Iowa -- Sunmed | Your CBD Store, a provider of non-pharmaceutical wellness products, seeks urgent support from consumers, small business advocates, and the community in general to challenge the recent Iowa "Hemp Amendments"...
Fernway products

Fernway Reports 2024 Q2 Results

NORTHAMPTON, Mass. -- Fernway, a leading Northeastern US cannabis brand, today reported its financial results and an update on strategic transactions. For the quarter ended June 30, 2024 (Q2), Fernway generated $10.2M in wholesale revenue and...
Parabola Center logo

Parabola Center to Host ‘People Over Profits Anti-Monopoly Cannabis Crash Course’ July 13

PROVIDENCE, RI – As Rhode Island navigates its emerging cannabis market, Parabola Center for Law and Policy, in partnership with Rhode Island's Cannabis Policy Coalition, will host its second annual Anti-Monopoly Cannabis Crash Course Saturday, July...
Decibel Cannabis Logo

Decibel Pursues Strategies to Trim Expenses

CALGARY, AB - Over the past month, Decibel Cannabis Company Inc. has executed a series of initiatives to improve operating efficiencies and focus on reducing expenses. These came in the form of process optimization, portfolio rebalancing,...
SNDL Inc. Logo

SNDL Enters Stalking Horse Purchase Agreement for Indiva Limited’s Business and Assets

CALGARY, AB - SNDL Inc. has entered into a purchase agreement (the "Bid Agreement") with Indiva Limited ("Indiva") and its direct and indirect subsidiaries pursuant to which SNDL has offered to purchase all of the issued and...
4Front Ventures Corp. Logo

4Front Ventures Announces Withdrawal of Brokered Offering, Appoints Kris Krane Board Chair

PHOENIX - 4Front Ventures Corp., a vertically integrated, multi-state cannabis operator and retailer, withdrew the brokered offering announced on June 26. This strategic decision comes after a comprehensive review of current market conditions, including recent controversies...
Papas Herb logo

Papa’s Herb Makes Canadian Cannabis History

CALGARY, Alberta -- Papa's Herb, a rapidly expanding cannabis brand in North America, has partnered with Calgary's Chinook Cannabis to become the first legally sold disposable vape brand at a Canadian music festival since...
California State Fair Cannabis Awards

Winners of Third Annual California State Fair Cannabis Competition Announced

SACRAMENTO, Calif. -- The California State Fair Cannabis Awards announced its Gold and Silver medal winners. Judges awarded more than 100 medals across nine categories and 44 subcategories, including outdoor flower, mixed light flower,...