Charlotte’s Web Reports 2024 First Quarter Financial Results

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LOUISVILLE, Colo. - Charlotte's Web Holdings, Inc., A market leader in full-spectrum hemp extract wellness products, reported financial results for the first quarter ended March 31, 2024. "The first quarter of 2024 started slowly in terms of sales volume. This is being addressed with solid progress in our 'True North' turnaround initiatives," said Bill Morachnick, Chief Executive Officer of Charlotte's Web. "For example,...

Sunderstorm Secures Partnerships to Launch KANHA in Japan

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LOS ANGELES -- Sunderstorm, a global family of award-winning cannabis brands, has secured strategic partnerships to launch new wellness lines in Japan. KANHA will now have a presence in two major Asian markets, Japan and Thailand, as the global brand continues its historic expansion into new countries. KANHA will enter the Japanese market with two product lines designed for medical and...

Nasdaq Hits WM Technology with Delinquency Notice

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IRVINE, Calif. -- WM Technology, Inc. announced it received an expected delinquency notification letter from Nasdaq’s Listing Qualifications Department on May 14, 2024 which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31,...

Cannell Capital Acquires More Nova Shares

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ALTA, Wyo. - On March 1, 2024, Tonga Partners, L.P., Tristan Partners, L.P., and Tristan Offshore Fund, Ltd., for which Cannell Capital LLC, a Wyoming limited liability company, serves as either General Partner or Investment Adviser, acquired 600,000 common shares of Nova Cannabis, Inc., this represents about 1.05% of the issued and outstanding voting securities of Nova Cannabis. Since the date...

StickIt Invests in Ripco Processing Inc.

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VANCOUVER, BC -- StickIt Technologies Inc., an Israeli technology and cannabinoid company, today announced an unsecured convertible debenture placement. The $10,000 unsecured convertible debenture from StickIt, which matures on April 18, 2025, carries a 5% interest rate per annum and is payable at the end of the term. The convertible debenture can be automatically converted into Common Shares at a conversion price...

Ispire Signs South Africa Distro Deal

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LOS ANGELES -- Ispire Technology Inc., a leader in the development and commercialization of vaping technology and precision dosing, announced an exclusive distribution deal with Dank Pack, South Africa's leading supplier of cannabis product packaging, accessories, dispensary supplies and production and manufacturing equipment. Under the agreement, Ispire is entering the rapidly-growing South African cannabis market by supplying Dank Pack with...

Cannabis Freedom Party: NFL Players’ Arrests Show Biden’s Failure on Cannabis Reform

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HOUSTON -- The Cannabis Freedom Party (CFP) was very disheartened to learn that Kansas City Chiefs offensive tackles Wanya Morris and Chukwuebuka Godrick were arrested late Thursday evening for misdemeanor marijuana possession in Johnson County, Kansas. This is just another prime example of how the Biden Administration has failed to end the War on Drugs and failed to keep their...

Indiva Reports First Quarter 2024 Results

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LONDON, Ont. -- Indiva Limited, A leading Canadian producer of cannabis edibles, is pleased to announce its financial and operating results for the first fiscal quarter ended March 31, 2024. All figures are reported in Canadian dollars ($), unless otherwise indicated. Indiva's financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). For a more comprehensive overview...

Gelato Canna Co. x Pro Surfer Greg Browning

Geebs by Gelato
SAN DIEGO – Gelato Canna Co. (Gelato) announced today the launch of its newest gummy edible and pre roll, Geebs, created in honor of award-winning professional surfer and filmmaker Greg Browning aka Geebs. Proceeds of Geebs products will be donated to Browning, who was diagnosed with Amyotrophic Lateral Sclerosis (ALS) in 2023, along with ALS charities. Geebs products are available in participating California dispensaries...

Dama Gives FundCanna ‘Key Partner’ Nod

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SAN DIEGO – FundCanna, the leading provider of capital to the cannabis sector, announced a partnership with Dama Business Solutions (“Dama”), which designated FundCanna as a preferred lending partner. Dama is one of the cannabis industry's leading providers of access to banking and financial services, powering safe and secure depository solutions for top licensed cannabis operators, as well as providing access to...