NEW YORK -- Acreage Holdings, Inc., a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., is pleased to announce that, further to its press release on June 5, 2024, the Company has completed its previously announced brokered private placement of 12,000 units of the Company at a price of US$833.33 per Unit, for gross...

BURLINGTON, ON - EmpowerPharm Inc. is delighted to announce the outcome of their Phase 2 clinical trial assessing the dose finding, efficacy, safety, and tolerability of Cannabidiol (CBD) drug product for Social Anxiety Disorder (SAD). The results demonstrated efficacy for a subset of patients suffering from moderate to severe SAD. These results will guide further clinical research and the design of a...

MONTRÉAL - For its fiscal year ended March 30, 2024, the Société québécoise du cannabis (SQDC) posted total sales of $662.1 million, compared with $601.9 million for the preceding fiscal year. The company reported comprehensive income of $104.1 million versus $94.9 million in fiscal 2022-2023. To this can be added the government revenues generated by its operations in the form...

SMITHS FALLS, ON - Canopy Growth Corporation has established an at-the-market equity program (the "ATM Program") that allows Canopy Growth to issue and sell up to US$250 million (or its Canadian dollar equivalent) of common shares of the Company from treasury from time to time in concurrent public offerings in the United States and Canada. Any Common Shares sold in...

MEDFORD, Ore. - Grown Rogue International Inc., a craft cannabis company born from the amazing terroir of Oregon's Rogue Valley, announces it has received licensing approval with the New Jersey Cannabis Regulatory Commission ("CRC") and closed its first option to acquire 44% of ABCO Garden State LLC on May 31, 2024. The transaction details are as follows: Grown Rogue has an option...

NEW YORK - Ascend Wellness Holdings Inc., a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, appointed Julie Francis to its Board of Directors, effective June 3, 2024. With Ms. Francis' appointment, the total number of directors on the Company's Board of Directors will be increased from six to seven. The Board of Directors determined that Ms. Francis qualifies...

LOS ANGELES -- STIIIZY, a top-selling cannabis brand in the U.S., appointed Tony Shin General Counsel. Founded in 2017, STIIIZY employs more than 1,700 people. Shin is a seasoned, multi-dimensional legal professional with two decades of experience advising publicly traded and multinational companies, as well as emerging high-growth organizations across numerous industries. In his new role, Shin will leverage his unique experience...

MIAMI -- Triple, a THC-infused seltzer that hit the market in January 2024, has received multiple top medal awards. The brand recently received accolades from both the Denver International Spirits Awards and the Seltzer Nation Awards, two highly sought-after competitions in the beverage space. Both competitions showcase the best of best within the industry, utilizing expert panels to choose the medal...

After working as an art director and photo director for hip hotelier André Balazs, Alexander Farnsworth had high-minded dreams of applying his talents to designing his own cannabis dispensary. Four years of effort later, his hummingbird-branded Farnsworth Fine Cannabis took flight in Great Barrington, Massachusetts, in 2021. The target market: tourists and well-heeled owners of second homes in the Berkshires,...

SMITHS FALLS, ON - Canopy Growth Corporation, a cannabis company dedicated to unleashing the power of cannabis to improve lives, exercised its option to acquire all of the issued and outstanding Class E subordinate voting shares of Acreage Holdings Inc. in accordance with the terms of the arrangement agreement dated April 18, 2019, as amended, between Canopy Growth and Acreage. In connection...