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...
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....
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 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 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 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 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 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...
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...
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,...