Grown Rogue Terminates Advisory Agreement with Vireo Growth
MEDFORD, Ore. - Grown Rogue International Inc., a craft cannabis company born from the amazing terroir of Oregon's Rogue Valley, terminated its advisory agreement with Vireo Growth Inc. (formerly Goodness Growth Holdings, Inc.).
"While we are disappointed to no longer be working with Vireo, we are pleased with the benefits this collaboration generated for both sides. This agreement allowed Grown Rogue to...
Medicinal cannabis producer Bedrocan to Return to Canada
VEENDAM, Netherlands -- Bedrocan International, an experienced producer of pharmaceutical-grade medicinal cannabis, is returning to the Canadian medicinal cannabis market. The company purchased a facility in Scarborough, the former home of Bedrocan in Canada, and was recently granted a cultivation license by Health Canada. These steps fulfil Bedrocan's long-held promise of returning to Canada to grow standardised medicinal cannabis for...
Dark Horse Cannabis Acquires Greenlight Dispensary
LITTLE ROCK, Ark. -- Dark Horse Cannabis, a leading manufacturer of edibles, concentrates, and other various cannabis products, acquired Green Light Dispensary in West Helena, Arkansas. The store will be transitioned to operate under the Speakeasy by Dark Horse brand in October while the West Helena location at 2000 Martin Luther King Jr Dr, Helena, AR 72342 serves as a...
Cannect Wellness Secures $7M in Latest Round of Funding
CHICAGO -- Cannect Wellness, one of Illinois' fastest-growing craft cannabis companies, completed of its second round of funding, securing $7 million in fresh capital. This latest round brings the company's total equity funding to $14.5 million, marking a significant milestone as it continues to expand its operations and enhance its product offerings.
Since its launch last year, Cannect Wellness has quickly...
Banking: Navigating Payment Hurdles
Cannabis retailers face a difficult set of challenges, particularly when it comes to an area most other sectors take for granted: payment processing. As dispensaries strive to operate efficiently and comply with regulations, reducing cash costs, maintaining redundant payment options, and implementing closed-loop systems and other technological advancements are critical considerations.
One of the most significant challenges for operators is...
3 Simple Steps for Proactive Risk Management
The cannabis industry is growing and changing at an unprecedented pace, creating immense profit potential and putting a spotlight on the array of risks for those in the arena.
Companies absolutely must understand current and emerging trends if they intend to manage risk effectively while maximizing profitability. Taking a proactive risk-management approach is essential to help mitigate potential losses and...
Unease at Eaze: Company to Shut Down after 10 Years
SAN FRANCISCO – Once known as “the Uber of Weed” and valued at $700 million, delivery-service-cum-multistate-dispensary-operator Eaze is winding down operations and will close by the end of the year. Nearly 500 workers will be displaced, according to the United Food and Commercial Workers International Union, which represents employees.
Founded in 2014 by Keith McCarty, Eaze began in a small...
PleoPharma Receives Two U.S. Patents
PHOENIXVILLE, Pa. -- PleoPharma Inc., a privately held company focused on Cannabis-related health issues, has been issued two U.S. patents with broad claims relating to methods of treating cannabis withdrawal syndrome ("CWS").
"We are pleased to have received the issuance of our second patent following up on the success of our Phase 2b trial. These U.S. patent issuances underscore the scientific achievements...
Gold Flora Ordered into Limited-Purpose Receivership
COSTA MESA, Calif. - The Court of Chancery of the State of Delaware has granted an order for sanctions brought against Gold Flora Corporation by the former directors of Left Coast Ventures ("LCV"), a subsidiary of the Company. The Order held the Company and LCV responsible for the payment of certain legal fees that are the subject of advancement orders in connection with...
Cultivate This!
Cultivation is part art, part science, and part luck, and the right tools help in all three areas. These products, designed for novices and seasoned professionals alike, are generating buzz for their effectiveness, ease of use, basis in science, and relative novelty.
Pro-Mix Grow Bags - Premier Tech
Premier Tech’s Growers and Consumers division focuses on specialized growing media, inoculants, and...