Prodigy Processing Solutions Announces Strategic Partnership to Elevate Cannabis Extraction to Pharmaceutical Standards

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MIAMI -- Prodigy Processing Solutions, a pioneering force in hydrocarbon extraction technology, partnered with Solvent Direct, a supplier of high-purity solvents specifically engineered for cannabis extraction. The alliance marks a step forward in elevating the extraction process to meet and exceed pharmaceutical and consumer safety standards across the cannabis and hemp industries. Headquartered in Los Angeles, Solvent Direct has distinguished...

Chicago Atlantic Provides $20 Million Credit Facility to Nova Farms

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CHICAGO -- Chicago Atlantic has deployed a $20 million facility in senior secured financing to Nova Farms, a fully integrated cannabis operator managing a Massachusetts cultivation farm, seven retail brands, and five full-service dispensaries across Massachusetts, Maine, and New Jersey. Chicago Atlantic's capital investment will support Nova Farms' efforts to expand its footprint of dispensaries in key states, including New Jersey,...

Temescal Wellness to Give All Employees 4/20 Off with Pay for Second Year

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PITTSFIELD, Mass. -- Temescal Wellness has once again designated 4/20 as a paid holiday for team members at its dispensary locations in Massachusetts and production facilities. As part of its campaign to make “4/20 For the People”, Temescal Wellness celebrates everyone in the industry who will create space for employees to be able to celebrate the important holiday themselves,...

StickIt Technologies Inc. Announces Year-End 2023 Financial Results

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TEL AVIV, Israel, and CALGARY, AB -- StickIt Technologies Inc., an Israeli technology and cannabinoid company, announces its financial results for the year ended December 31, 2023. Financial Highlights for 2023 On May 5, 2023, StickIt entered into a Technology License and Distribution agreement with Alta in Canada Inc. granting Alta Inc. a license to utilize its raw materials and engage in the manufacturing...

Decibel Appoints Benjamin Sze CEO

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CALGARY, AB - Decibel Cannabis Company Inc., a market leader in premium cannabis and extract manufactured products, is pleased to announce the appointment of Benjamin Sze as its Chief Executive Officer, effective April 8, 2024. Mr. Sze's transition into the role is expected to be very familiar for both him and the Company as Mr. Sze previously served as the CEO of Decibel before...

Nova Net Lease REIT Announces Financial Results for Year Ended Dec. 31, 2023

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TORONTO - Nova Net Lease REIT, a real estate investment trust focused on delivering attractive financing solutions to quality U.S. Cannabis Operators, and strong risk-adjusted returns to Investors in a tax-efficient structure, today announced its financial results for the year ended December 31, 2023. The Company's financial results are available on SEDAR+ (www.sedarplus.ca). Results are presented in U.S. dollars. "We are...

Organigram Recognized for Executive Gender Diversity by Globe & Mail’s ‘Women Lead Here’ Report

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TORONTO -- Organigram Holdings Inc., a leading licensed producer of cannabis, is pleased to announce it has been recognized on the 2024 Report on Business ‘Women Lead Here’ list for gender diversity. Fifty percent of the Company’s executive leadership team, including its CEO, are women. The Women Lead Here benchmark was established in 2020 and applies a proprietary research methodology...

Sweetgrass Botanicals Named ‘Best Dispensary in Massachusetts’ at 2024 NECANN

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LEE, Mass. – Sweetgrass Botanicals, a woman- and minority-owned and operated craft cannabis company was named the Best Dispensary in Massachusetts at the 2024 NECANN Cup, presented in late March at the New England Cannabis Convention in Boston. Additionally, Sweetgrass Botanicals was one of 35 operations statewide whose scores merited a rating as a NECANN Five Star Dispensary.  NECANN, the largest...

Executive Insight on Expansive Rollout with Bryan Gerber

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Bryan Gerber knew nothing about commercial politics and little about the cannabis industry when he began considering the rolling paper industry in 2018. But he was aware of two facts that would prove influential in his future: A global pre-roll cone shortage existed, and pre-roll products were flying off retail shelves across the United States. He trusted his instincts...

Photo Gallery: Muha Meds Opens First California Dispensary

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LOS ANGELES — Muha Meds celebrated opening its first eponymous California retail location (in the Eagle Rock region of Los Angeles) with a grand opening party and ribbon cutting ceremony March 30, 2024. Fans of the brand enjoyed festivities alongside the leadership team. Muha Meds’ dispensary carries the brand's flower, disposables vapes, Mambas edibles, vape carts, Mates infused pre-rolls, and...