Cannabis culture

Fiore Cannabis Completes Sale of Celista, B.C. Asset to Put Major Focus on Core U.S. Markets

Retrieved on: 
Wednesday, August 4, 2021

Cannabis company putting focus and energy into Nevada and California markets with final Canadian asset successfully sold

Key Points: 
  • The Definitive Agreement enables Fiore to clean up its balance sheet by eliminating approximately $3.9 million of total liabilities, including a mortgage and other obligations.
  • "Completing the sale of the Celista asset is a welcomed win for our organization," said Erik Anderson, President and CEO of Fiore Cannabis.
  • "In doing so we clean up our balance sheet and can further allocate funding to our key markets in Nevada and California.
  • Fiore Cannabis Ltd. (CSE: FIOR) (OTCQX: FIORF) is a publicly traded company that has been investing in the development of recreational and medical cannabis products since 2014.

Alternative Finance Network Arranges $10 Million Revolving Credit Facility For Tilt Holdings

Retrieved on: 
Monday, August 2, 2021

DENVER, Aug. 2, 2021 /PRNewswire/ --Alternative Finance Network (AFN), an independent financing network serving cannabis and hemp companies in the United States and Canada, announced today that it has arranged a $10 million revolving credit facility for Jupiter Research, LLC ("Jupiter"), a subsidiary of TILT Holdings Inc. ("TILT") (OTCQX: TLLTF; CSE: TILT).

Key Points: 
  • DENVER, Aug. 2, 2021 /PRNewswire/ --Alternative Finance Network (AFN), an independent financing network serving cannabis and hemp companies in the United States and Canada, announced today that it has arranged a $10 million revolving credit facility for Jupiter Research, LLC ("Jupiter"), a subsidiary of TILT Holdings Inc. ("TILT") (OTCQX: TLLTF; CSE: TILT).
  • TILT now has access to low rates for cannabis financing at prime plus 3.5 percent and this facility is secured with accounts receivable, inventory and related property from Jupiter.
  • With this credit facility, TILT is leading the way for the cannabis industry to start receiving rates that are more in-line with what non-cannabis commercial businesses experience.
  • "TAFN has been a knowledgable and trusted partner in this process, and we were grateful to work with them on this credit facility," said Gary Santo, CEO of TILT.

Cronos Group Launches Delicious New Dual-Flavor Cannabis Gummies

Retrieved on: 
Thursday, July 29, 2021

TORONTO, July 29, 2021 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”), announces the launch of SOURZ by Spinach™, an exciting new line of cannabis gummies with bold and unique dual flavor combinations featuring proprietary flavor masking technology. SOURZ by Spinach™ gummies were developed by Cronos Group’s experienced team of professional chefs, food scientists, consumer packaged goods experts and cannabis leaders. The brand rose to the challenge of creating a cannabis gummy rooted in the principles of the confectionery category to deliver an unparalleled taste to adult consumers.

Key Points: 
  • TORONTO, July 29, 2021 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (Cronos Group or the Company), announces the launch of SOURZ by Spinach, an exciting new line of cannabis gummies with bold and unique dual flavor combinations featuring proprietary flavor masking technology.
  • SOURZ by Spinach gummies were developed by Cronos Groups experienced team of professional chefs, food scientists, consumer packaged goods experts and cannabis leaders.
  • SOURZ by Spinach gummies are now available in the following flavors:
    A new survey commissioned by Cronos Group was designed to better understand the habits of adult Canadian cannabis users and their consumption of cannabis edibles.
  • Cronos Group is committed to building disruptive intellectual property by advancing cannabis research, technology and product development.

Legacy Cannabis Taffy Brand Cheeba Chews Debuts New Products That Boost Cannabinoid Wellness

Retrieved on: 
Tuesday, July 27, 2021

Legacy cannabis-infused edibles brand Cheeba Chews announced today the launch of its Wellness Line, integrating unique cannabinoid combinations into its nostalgic taffies.

Key Points: 
  • Legacy cannabis-infused edibles brand Cheeba Chews announced today the launch of its Wellness Line, integrating unique cannabinoid combinations into its nostalgic taffies.
  • To know how our wellness line is improving the daily routines of our customers is driving us to dive further into other cannabinoid innovations.
  • Sold in 20 packs, individuals can purchase the new Cheeba Chews wellness products in California, Colorado, Massachusetts, Nevada and Oklahoma.
  • Cheeba Chews products are currently available in medical and recreational markets in California, Colorado, Massachusetts, Nevada and Oklahoma.

BC Craft Supply Co Debuts Grizzlers Brand in Alberta Through Revolutionary $1 “Buck a Joint” S^MPLE by AHLOT™ Program.

Retrieved on: 
Tuesday, July 27, 2021

The S^MPLE by AHLOT program brings traditional CPG sampling to the cannabis industry, in a compliant manner.

Key Points: 
  • The S^MPLE by AHLOT program brings traditional CPG sampling to the cannabis industry, in a compliant manner.
  • BC Craft Supply Co Ltd is a diversified wellness company advancing cannabinoid and psychedelic innovation and psychotherapy.
  • BC Craft works with local artists cross-sector and remains fervently committed to keeping the art, technique, and purity of their pursuit.
  • For AHLOT media information:
    THE CANADIAN SECURITIES EXCHANGE (THE CSE) HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE.

Legacy Cannabis Vape Brand The Clear™ Rises Above the Competition With Five First-Place Wins in Different States

Retrieved on: 
Thursday, July 22, 2021

Legacy cannabis brand The Clear continues to dominate in legal cannabis markets across America, earning top honors in the Michigan High Times Cannabis Cup and Las Vegas Cannabis Awards.

Key Points: 
  • Legacy cannabis brand The Clear continues to dominate in legal cannabis markets across America, earning top honors in the Michigan High Times Cannabis Cup and Las Vegas Cannabis Awards.
  • Clear Cannabis Inc. licenses proprietary processes, flavors and brand identity to its manufacturing partners.
  • Michigans booming cannabis market made the opportunity to partner with cannabis product manufacturer Trucenta a priority for The Clear.
  • Clear Cannabis, Inc. is a national cannabis brand company and licensor of The Clear.

Resonate Blends Creates New Cannabis-Infused Product Category with Koan Cordials

Retrieved on: 
Tuesday, July 20, 2021

Resonate Blends, Inc. (OTCQB:KOAN), a Wellness Lifestyle cannabis holding company (Resonate or the Company), announced its Koan Cordials, the worlds first cannabis-infused cordial, are currently available in California.

Key Points: 
  • Resonate Blends, Inc. (OTCQB:KOAN), a Wellness Lifestyle cannabis holding company (Resonate or the Company), announced its Koan Cordials, the worlds first cannabis-infused cordial, are currently available in California.
  • The Koan Cordials product line is a non-alcoholic, water-soluble liquid made from cannabis and botanical extracts.
  • Resonate Blends Koan Cordials offer six unique experience blendsBalance, Calm, Create, Delight, Play, Wonderthat use Vertosas advanced water-dispersible solutions that are far more bioavailable than conventional oils.
  • We partnered with Resonate Blends to effectively create an entirely new product category in the industry with Koan Cordials.

Tempus Capital Update on Cannabis Edibles Joint Venture

Retrieved on: 
Thursday, July 15, 2021

Burlington, Ontario--(Newsfile Corp. - July 15, 2021) - Tempus Capital Inc. ("Tempus" or the "Company") (CSE: TEMP) wishes to update its shareholders on its previously announced joint venture on October 28, 2020, in which Tempus has taken a 20% initial capital investment in a new venture.

Key Points: 
  • Burlington, Ontario--(Newsfile Corp. - July 15, 2021) - Tempus Capital Inc. ("Tempus" or the "Company") (CSE: TEMP) wishes to update its shareholders on its previously announced joint venture on October 28, 2020, in which Tempus has taken a 20% initial capital investment in a new venture.
  • The joint venture partner, Fritz's Cannabis Company ("Fritz's"), is an established Legacy Market producer, who will process, package, and distribute handcrafted THC and CBD-infused cannabis edibles.
  • Fritz's LP partner, Medz Cannabis, has now received full approval from Health Canada for its cannabis sales license.
  • Founded in Toronto, Canada, in 2015, the Fritz's Cannabis Company began as a medical cannabis experiment and has developed into a passion for bringing artisanal edibles to the wider cannabis community.

The Hash Corporation Appoints Red Light Holland CEO Todd Shapiro to Advisory Board

Retrieved on: 
Thursday, July 15, 2021

Toronto, Ontario--(Newsfile Corp. - July 15, 2021) - The Hash Corporation (CSE: REZN) ("Hashco" or the "Company"), a company focusing on the production of hashish and other premium cannabis products using the adaption of old-world traditions, is pleased to announce that it has appointed Todd Shapiro, Chief Executive Officer and Director of Red Light Holland Corp. ("Red Light Holland") to its Advisory Board.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - July 15, 2021) - The Hash Corporation (CSE: REZN) ("Hashco" or the "Company"), a company focusing on the production of hashish and other premium cannabis products using the adaption of old-world traditions, is pleased to announce that it has appointed Todd Shapiro, Chief Executive Officer and Director of Red Light Holland Corp. ("Red Light Holland") to its Advisory Board.
  • "We are extremely pleased to have Todd join our Advisory Board.
  • Todd Shapiro is excited to join the team at Hashco and said the following, "We've all heard of hash, but have we all heard of Hashco?
  • Todd Shapiro and the Company entered into an advisory board agreement pursuant to which the Company has granted Todd Shapiro an aggregate of 1,000,000 RSUs which will vest quarterly over the first year from the date of issuance.

CannPack West Locks in California Cannabis Industry Association (CCIA) Executive Director as Keynote Speaker

Retrieved on: 
Thursday, July 15, 2021

CannPack West , North America's largest cannabis packaging conference organized by Informa Markets Engineering, today announced Lindsay Robinson, Executive Director at California Cannabis Industry Association (CCIA) , will headline Day 1 as the keynote speaker of the event, scheduled for August 10-12 at the Anaheim Convention Center.

Key Points: 
  • CannPack West , North America's largest cannabis packaging conference organized by Informa Markets Engineering, today announced Lindsay Robinson, Executive Director at California Cannabis Industry Association (CCIA) , will headline Day 1 as the keynote speaker of the event, scheduled for August 10-12 at the Anaheim Convention Center.
  • Robinson will deliver the address titled "State of the Cannabis Industry in California," imparting insight drawn from her extensive background shaping cannabis policy.
  • The regulatory landscape for cannabis companies in California is incredibly complicated and dynamic, and is constantly evolving.
  • Additional CannPack West sessions include:
    For more information on Robinson's keynote address and to access the full comprehensive agenda, visit here .