HERZLIYA, Israel, and CALGARY, Alberta -- Innocan Pharma Corporation, a pharmaceutical technology company focusing on developing innovative drug delivery platform technologies is pleased to announce its audited financial consolidated results for the year ended December 31, 2023. Full Year 2023 Financial Highlights Revenues increased 534% year-over-year to US$13.7 million, compared to US$2.6 million in 2022. This significant increase in revenue was primarily due...

CALGARY, AB - CanadaBis Capital Inc., a vertically integrated Canadian cannabis company, is pleased to announce results from our second quarter fiscal 2024, represented by our tenth consecutive quarter generating net revenue. The Company's Financial Statements and Notes, as well as Management's Discussion and Analysis ("MD&A") are filed on SEDAR at www.sedarplus.ca. This quarter reflects another period generating positive earnings and Adjusted EBITDA for...

TORONTO -- Organigram Holdings Inc. closed an underwritten public offering of units of the Company for total gross proceeds of C$28,750,230. The Company sold 8,901,000 Units at a price of C$3.23 per Unit, which included 1,161,000 Units sold pursuant to the exercise in full of the Underwriters’ over-allotment option. Each Unit is comprised of one common share of the Company...

CALGARY, AB - SNDL Inc. has agreed to assign its rights to own or operate four Dutch Love stores to Nova Cannabis Inc. "SNDL remains committed to strengthening Nova's retail position and the sustainability of its capital structure, as underscored by the extension of the credit facility," said Zach George, CEO of SNDL. "The assignment of four well-located cannabis retail stores...

MIAMI -- Triple, a new THC-infused seltzer that hit the market in January 2024, won three awards in the L.A. High Spirits Awards. The awards launched in 2023 to highlight the best brands in the THC-infused beverage industry. Triple, which is offered in lime, grapefruit, and cherry lemon, took home a gold medal and two silvers. The second year of the...

HOLLYWOOD, Fla. -- In an unprecedented gathering of minds, the Benzinga Cannabis Capital Conference is set to highlight the brightest in the industry. Taking place on April 16-17 at The Diplomat Beach Resort, Hollywood, Florida, this event comes at a critical juncture as the cannabis industry anticipates a significant shift with potential rescheduling from Schedule 1 to Schedule 3, opening new...

On a frigid day in late December, amidst a war nearing two years with Russia, Ukraine’s parliament voted to legalize medical cannabis. While December 19, 2023, will go down in history for this pivotal decision, the gain for the international legalization movement is bittersweet when one examines the reason for the legislation. What’s commonly referred to in Europe as the...

TORONTO - Auxly Cannabis Group Inc., a leading consumer packaged goods company in the cannabis products market, completed the conversion of $123.4 million of principal and accrued interest under the 4.00% unsecured convertible debenture of the Company due September 25, 2026, and the amendment to the amended and restated investor rights agreement dated July 6, 2021, with 1213509 B.C. Ltd., a wholly-owned subsidiary of...

In this rapidly evolving market, the interior design of a dispensary does more than merely showcase products; it also offers customers a unique and memorable experience that truly resonates. Just like in any other retail sector, some stores perform well while others achieve greatness. To fully grasp what it takes to excel in retailing, we spoke with some of...

Closed accounts. A lack of payment processing. Solutions that are short-lived or too good to be true. Running a business in this industry can feel like a perpetual uphill battle in an attempt to be treated like a “regular” business. But here’s a plot twist. The hero of this tale isn’t riding in on a horse, but instead a pig....