SNDL Expected to Place Stalking Horse Bid in Indiva Sale

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LONDON, Ontario -- Indiva Limited and its subsidiaries have been granted an order from the Ontario Superior Court of Justice under the Companies’ Creditors Arrangement Act (the “CCAA”), in order to restructure their business and financial affairs. Due to, among other things, the fragmentation of the cannabis industry, financial underperformance and pressures resulting from obligations owing to creditors, the Indiva Group has...

Wana Brands, Happi Partner to Launch Hemp-Derived THC Gummies Nationwide

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BOULDER, Colo. – Wana Brands, a leading manufacturer of gummies, in collaboration with Happi, a leader in hemp-derived beverages, teamed up to bring hemp-derived THC gummies to the national market. Now consumers across the United States can experience the synergy of Wana's gummies and Happi's seltzers through an exclusive offering on the Happi website. This partnership marks a significant milestone for...

High Tide Executes Binding Subscription Agreements for $15 Million in Subordinated Debt

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CALGARY, AB - High Tide Inc. has entered into binding subscription agreements with arm's length institutional credit providers for aggregate gross proceeds of $15 million in a subordinated debt financing. "I am very excited to announce that we have signed definitive agreements for an aggregate of $15 million in debt financing, plus a $10 million accordion feature. We have discussed publicly how...

New Study to Examine How Cultivation Practices Impact Smokeability

Science of Smokeability Study
SEATTLE -- DaySavers has partnered with the Cannabis Research Coalition and The Network of Applied Pharmacognosy (NAP) on a first-of-its-kind study called The Science of Smokeability (SOS), which is looking to pay people to smoke pre-rolls for science. SOS is a 2+ year series of scientific experiments focusing on analyzing cultivation and processing metrics to evaluate which variables produce...

HillviewMed Inc. Expands into Adult Use Cannabis Sales

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PEQUANNOCK, N.J. -- HillviewMed Inc. has launched its premium line of cannabis flower and pre-rolls in the New Jersey Adult Use market. Led by Founder and CEO Ken VandeVrede, "Hillview Farms" is now available in 10 select dispensaries and will be available in over 100 dispensaries by the end of the year as they continue to scale production capacity. "Of all...

Entertainment and Media’s Role in Shaping the Cannabis Industry

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Changes in public depictions of the plant and those who enjoy it are playing a pivotal role in shaping consumers’ outlook and behavior. From increased representation in popular culture to a rise in education, mass media is changing the landscape across generations. For example, whereas television previously used consumption to depict a show’s “bad kid,” these days networks and...

Rapper Larry June to Headline Fourth Annual Los Angeles Puffcon Block Party

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LOS ANGELES -- Puffco, a leading maker of consumption devices for cannabis concentrates, today announced the official artist-line up for the annual Puffcon Block Party, confirming California rapper Larry June as the headlining performer for this year’s event. Taking place Saturday, Sept. 28, 2024, at Los Angeles Center Studios, this will be the festival’s fourth official return to DTLA. Reporting...

RALLY TO PROTECT MARIJUANA JUSTICE AND COMBAT CORPORATE CONTROL AT GOV. HOCHUL’S OFFICE

Drug Policy Alliance
NEW YORK — On Tuesday, June 18, at 10:30AM at Governor Hochul’s Manhattan Office, advocates and people directly impacted by the War on Drugs will rally to protect the expansive wins secured by the Marijuana Regulation and Taxation Act (MRTA), the most progressive marijuana legalization program in the country, passed in 2021. WHAT: The MRTA’s vision of a just and...

Native American Business Spearheads FDA and EU GMP Standards in Cannabis Industry

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MIAMI -- Prodigy Processing Solutions, a leading innovator in GMP-compliant cannabis extraction technology, formed a strategic partnership with Refined Processes LLC, a pioneering Native American-owned cannabis oil processing company. The collaboration aims to establish the first pharmaceutical cannabis extraction facility in the United States that is fully GMP (Good Manufacturing Practices) compliant. Located on the Santa Ysabel Reservation in California,...

Flower Power Genetics Secures Pending Utility Patent for Hybrid ADAM

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LOS ANGELES – Flower Power Genetics announced the pending utility patent for its groundbreaking new cannabis hybrid, ADAM. By integrating the resilient properties of a 1970s Afghan indica with the robust characteristics of a 1980s Jamaican sativa, ADAM promises to enhance both medical and commercial cannabis production, delivering yield, disease resistance and adaptability to various environmental conditions. “Flower Power Genetics developed the hybrid...