ST. LOUIS -- F.A.C.E. is a digital payment platform featuring web-based, verified account origination services and biometric transaction verification. Through artificial intelligence and patented protocols, high-risk industry transactions are transformed into secure, convenient, and rapid experiences. This state-of-the-art encryption and AI-driven fraud prevention guarantees that every transaction remains fortified against threats. Regulated businesses such as cannabis-related companies, CBD, and tribal-owned businesses on...

LAS VEGAS -- TYSON 2.0 and LYT Holdings, a leading manufacturer and brand platform signed a deal that centralizes TYSON 2.0 production, sales and distribution in the world’s largest cannabis market through LYT Holdings’ licensed cannabis subsidiary 3L Distribution. “We could not be more excited to team up with LYT Holdings,” said Mike Tyson, co-founder and chief brand officer of TYSON...

THOUSAND OAKS, Calif. -- Concept Matrix Solutions Inc., a privately held vertically integrated biotechnology company dedicated to developing and manufacturing innovative delivery forms in both pharmaceutical and nutraceutical spaces, has received patent issuance from the U.S. Patent Office (USPTO) regarding U.S. Patent No. 11,541,089 for its "Oil Extract of Cannabis and Method for Obtaining." This patent marks a significant milestone for...

BONITA SPRINGS, Fla. -- Green Check (GC), a leading fintech provider of financial service solutions and industry insights in the cannabis market, launched a new portfolio management capability for its network of more than 170 financial institutions (FIs). The module will equip banks and credit unions with comprehensive visibility and actionable insights, enabling them to manage and expand compliant cannabis banking...

The ability to access capital is a critical component for most businesses, but for those in the cannabis industry, it can be especially difficult. Despite the increasing social acceptance and legalization of cannabis in states across the country (and countries around the world), companies in the cannabis sector continue to face significant challenges when it comes to securing funding.  The...

TORONTO - Get Sensible, a project by Canadian Students for Sensible Drug Policy, is excited to announce the launch of their latest project, a 4-part video series of Cannabis Public Services Announcements, parodying PSAs of the past to reach young people with evidence-based strategies to reduce the potential negative outcomes of cannabis use. On the anniversary of, and 6 years into,...

SMITHS FALLS, ON - Canopy Growth Corporation, has made an early prepayment under its senior secured term loan in an aggregate principal amount equal to US$100 million at a discounted price of US$97.5 million. This proactive move, which in addition to reducing the Company's leverage results in annualized interest expense savings of approximately US$14 million, underscores the Company's strong commitment...

CALGARY, AB -- SNDL Inc. acquired all the issued and outstanding common shares in the capital of Nova Cannabis Inc. not already owned by SNDL, representing approximately 34.8% of the Nova shares. The arrangement was approved by at least two-thirds of the holders of Nova Shares and the majority of disinterested Nova Shareholders under Multilateral Instrument 61-101 - Protection of Minority...

WASHINGTON – Forensic labs rarely ever identify the presence of fentanyl in illicit cannabis samples, according to an analysis published in the journal The Lancet Regional Health – Americas. Harvard Medical School researchers reviewed drug chemistry results from nearly 12 million samples of illicit substances seized by law enforcement between the years 2013 to 2023. They identified fentanyl in fewer...

DALLAS -- A first-of-its-kind report projects the U.S. cannabis industry will need between $65.6B and $130.7B in sustainable growth capital to support new cannabis businesses and help refinance existing ones over the next decade, generating approximately $1.0 billion to $2.4 billion in potential interest revenue for financial institutions willing to lend to cannabis businesses. Whitney Economics (WE), a global leader...