TORONTO and SEATTLE -- POSaBIT Systems Corporation, a leading provider of payments and point-of-sale infrastructure in the cannabis industry, today announced its financial results for the three months ended June 30, 2024. “We are pleased to report adjusted EBITDA profitability and positive free cash flow in the second quarter, marked by significant achievements across all key metrics. During the second...

WASHINGTON — In light of the Drug Enforcement Administration’s (DEA) announcement to schedule a hearing on the rescheduling of cannabis, Americans for Safe Access (ASA) emphasizes the urgent need for compassionate leadership in Congress to advocate for the rights of medical cannabis patients. The DEA’s decision to postpone federal reform until after November leaves millions of patients and their families in uncertainty. For over 50 years, cannabis...

MEDFORD, Ore. - Grown Rogue International Inc., a craft cannabis company born from the amazing terroir of Oregon's Rogue Valley, is pleased to report its second quarter 2024 results for the three months ended June 30, 2024. The comparison period for 2023 is the three months ended July 31, 2023, due to the recent fiscal year-end change from October 31 to...

GARBERVILLE, Calif. -- International cannabis and lifestyle brand Cookies is partnering with Native Humboldt Farms, an indigenous-led legacy cannabis brand founded by Lindsey Renner, to co-host the Sovereignty Summit, an immersive, three-day educational forum at the Cookies’ One Log Campus in Northern California’s Humboldt County from Sept. 5-7. The event brings together industry thought leaders and Tribal leaders from...

TALLAHASSEE, Fla. -- Trulieve Cannabis Corp., a leading cannabis company in the U.S., signed a partnership with the Carvana PPA Tour and MLP by Margaritaville to sponsor premier pickleball events in Arizona, Florida, and Georgia. The Professional Pickleball Association stands as the largest professional and amateur pickleball tour in the world, boasting an impressive 25 tour stops nationwide. With over 39,000 amateur...

JUPITER, Fla. - Healing Realty Trust, a data-driven, self-managed real estate investment company with a portfolio centered on purchasing healthcare-related real estate assets dedicated to serving the mental, behavioral, and physical health sectors, as well as in the advancement of innovative and emerging psychedelic therapies, announced the appointment of Valerie Cook as Director of Real Estate and Acquisitions. "Valerie Cook...

BEND, Ore. - Dutchie, a technology platform powering cannabis commerce, and Last Prisoner Project (LPP), a nonprofit dedicated to undoing the harms of the failed war on drugs and releasing people who are imprisoned on cannabis charges, today announced that their goal of $2 million in donations has been achieved. Over the past two years Dutchie has coordinated donations to LPP...

NEW YORK - Ascend Wellness Holdings, Inc. (AWH), a multi-state, vertically integrated cannabis operator, has made significant leadership changes as the Company continues to align its operations with its long-term strategic goals and financial priorities. As part of this transition, John Hartmann will no longer serve as Chief Executive Officer, and Mark Cassebaum has been terminated as Chief Financial Officer,...

TUTTLINGEN, Germany - STORZ & BICKEL GmbH, a leading manufacturer of high-end and medically certified vaporizers and a subsidiary of Canopy Growth Corporation, launched the first Smokeless September Challenge. This initiative invites consumers to take a break from combustion throughout September and experience the advantages of vaporizing. "As more adults are turning to natural remedies to alleviate stress, STORZ & BICKEL...

CALGARY, AB - In the context of proceedings pursuant to Indiva Limited's filing under the Companies' Creditors Arrangement Act (Canada) (the "CCAA") and the sales and investment solicitation process, the stalking horse bid of SNDL was chosen as the successful bid in the acquisition of the Indiva business and assets, subject to approval by the Ontario Superior Court of Justice (Commercial...