TORONTO - Tokyo Smoke, an award-winning cannabis retailer, announced today that it has commenced a restructuring of its business and has obtained an Initial Order under the Companies' Creditors Arrangement Act (the "CCAA") from the Ontario Superior Court of Justice. The Company has secured financing to continue operating in the normal course while it restructures its business, which includes adjusting its...

NEW YORK – Shares of publicly traded cannabis companies felt investors’ dissatisfaction following the Drug Enforcement Administration’s (DEA) announcement it will hold a public hearing about rescheduling December 2. The day after Monday’s announcement, Verano Holdings (OTCMKTS: VRNOF) shares fell nearly 13 percent, marking the largest slide by a single company. Curaleaf (OTCMKTS: CURLF) and Canopy Growth (NASDAQ: CGC) also...

COSTA MESA, Calif. - Gold Flora Corporation, a leading vertically-integrated California cannabis company, today announced the closing of a Senior Loan Facility with J.J. Astor & Co. for up to $13.15 million, with an initial draw of $7.15 million and the potential for up to three additional $2.0 million draws. The proceeds of the Loan Facility will be used primarily...

MIAMI – A major new peer-reviewed study by Leafwell gives a detailed first look at medical cannabis use among those under the age of 21 in the United States. The takeaways show that under-21 patients use medicinal cannabis for most of the same reasons as adults – with anxiety and PTSD (41%) and chronic pain (15%) topping the list. Other...

In the cannabis oils and extracts sector, the efficiency of the process and quality of the finished product are crucial for profitability. Specializing in innovative extraction equipment, Seattle-based Bizzybee offers customized solutions designed to meet the unique and evolving needs of extractors at an affordable price.  Customization: the Bizzybee advantage Bizzybee’s extraction equipment is designed with flexibility and efficiency in mind...

Bizzybee is a boutique manufacturer of artisanal hash-oil extraction machines. The company's clients are craft cannabis extractors, primarily butane live-resin hash-oil made from fresh-frozen, whole-plant material. BZB has a long tradition of in-house research and development, in addition to innovation, which has spilled over and influenced the entire extraction industry along the way. In 2014, founder Boris Kogon began experimenting with...

While commercial cultivators are increasingly counting on high-tech sensors to monitor cannabis leaves and their surrounding environment, the human eye is far from obsolete. With a trained eye and a clear plan of action, anyone on the farm or home garden can identify a potential issue before it becomes a serious problem. From signs of a change in pH...

CHICAGO -- Following a highly successful Spring edition in Hollywood, Florida, the Benzinga Cannabis Capital Conference, North America's premier cannabis investment and branding event, is set to take center stage again on October 8-9, 2024, at the Marriott Magnificent Mile in Chicago, IL. The conference comes at a pivotal moment in the cannabis industry, with rescheduling efforts and potential legalization looming...

TAMPA, Fla. - Cansortium Inc., a vertically-integrated, multi-state cannabis company operating under the FLUENT brand, today announced financial and operating results for the  quarter ended June 30, 2024. Unless otherwise indicated, all financial results are presented in U.S. dollars. "We delivered another quarter of year-over-year revenue growth and positive cash flow generation during the second quarter as we continued to execute on...

HERZLIYA, Israel, and CALGARY, Alberta --  BI Sky Global, a subsidiary of Innocan Pharma Corporation, a pioneer in the pharmaceutical and biotechnology industries, completed the registration of all its products under the FDA's Modernization of Cosmetics Regulation Act of 2022 (MoCRA). Following a thorough evaluation of BI's manufacturing controls and raw materials, all its products met the stringent quality standards set by...