CALGARY, AB - Decibel Cannabis Company Inc., a market leader in premium cannabis and extract manufactured products, has completed a second and final closing of its October non-brokered private placement of common shares in the capital of the Company at a price of $0.06 per Common Share. Under the second closing of the Offering, Decibel issued 19,647,776 Common Shares for gross proceeds of approximately...

Among young adults who frequently use cannabis, drinking alcohol is linked to intensified cannabis cravings in men and reduced cannabis cravings in women, a novel study suggests. The findings potentially illuminate mechanisms driving the combined use of the two substances and could inform sex-specific approaches to preventing or addressing the resulting harms. Young adults commonly use alcohol and cannabis...

WASHINGTON – At the U.S. Capitol alongside justice reform advocates, the formerly incarcerated, and their families, Last Prisoner Project joined Rep. Ayanna Pressley (D-MA), Rep. James E. Clyburn (D-SC), Rep. Mary Gay Scanlon (D-PA), Rep. Ilhan Omar (D-MN), and other congressional leaders to announce their joint letter urging President Biden to right history by granting clemency before his term ends. The...

ROUND ROCK, Texas -- Benuvia Operations LLC, a global contract development and manufacturing organization, has entered into licensing and supply agreements with Medra Brasil Medicamentos LTDA, a distributor of pharmaceutical medicinal cannabis products. Under the terms of the licensing agreement, Medra Brasil will become the exclusive supplier for SYNDROS (dronabinol), oral solution, CII in the country of Brazil following approval by...

SEBASTOPOL, Calif. -- LeafWorks, a female-led plant genetics and testing company specializing in botanical identification for cannabis and hemp, has introduced a non-GMO classified RNA spray designed to control male sterility genes. The technology offers wide-ranging benefits, including mitigating the risk of cross-pollination and hermaphroditism and producing male-sterile plants for efficient hybrid seed production. The company has also submitted...

CALGARY, AB - Decibel Cannabis Company Inc., a market leader in premium cannabis and extract manufactured products, reported its unaudited interim financial results for the three and nine month periods ending September 30, 2024. "Decibel has been very deliberate about reducing our current liabilities, by ~5mm this quarter.  Maintaining discipline over time will result in a stronger balance sheet.  This marks the...

TORONTO - SLANG Worldwide Inc.'s Colorado subsidiaries were placed into receivership by Order of Justice Goldberg of the District Court in Denver County, Colorado. The Receivership Order appointed Highline Financial Group LLC as receiver of the assets, undertakings and property of certain of the Company's Colorado subsidiaries. SLANG has received a conditional extension of the Company's waiver and support agreement with, among others, the secured...

CALGARY, AB - Simply Solventless Concentrates Ltd. ("SSC") reported its Q3 2024 results, including gross revenue of $7,175,617, adjusted EBITDA of $1,004,542, and normalized net income ("NNI") of $923,479. Year to date ("YTD"), SSC generated annualized NNI of $0.06 per share. SSC's Q3 2024 results are the first quarter to include the operations of CannMart Inc., the acquisition of which closed on...

CALGARY, AB - SNDL Inc. appointed Phil McBride as Chief Information Officer and Navroop Sandhawalia as President, Liquor Division. "SNDL's success is driven by our commitment to talent density and our leaders are the foundation of our performance culture," said Zach George, Chief Executive Officer of SNDL.  "Phil's extensive expertise in technology and digital innovation, paired with Nav's financial acumen and best-in-class retail...

OAKLAND, Calif. -- STORZ & BICKEL GmbH, a world-leading manufacturer of high-end and medically certified vaporizers and a subsidiary of Canopy Growth Corporation, won a Gold Medal at the 2024 MarCom Awards for an Outstanding Special Event, honoring the brand's unforgettable coast-to-coast VENTY launch parties. The MarCom Awards recognize excellence in marketing and communication while highlighting the creativity, hard work, and...