CBD

Cronos Group Reports 2023 Fourth Quarter and Full-Year Results¹

Retrieved on: 
Thursday, February 29, 2024

In Israel, Cronos launched three new flower offerings under the Peace Naturals® brand in the fourth quarter, Rockstar, Dancehall, and Sonic Fuel.

Key Points: 
  • In Israel, Cronos launched three new flower offerings under the Peace Naturals® brand in the fourth quarter, Rockstar, Dancehall, and Sonic Fuel.
  • Cronos GrowCo reported to the Company preliminary unaudited net revenue to licensed producers excluding sales to the Company in the fourth quarter and full-year 2023 of approximately $6.6 million and $19.6 million, respectively.
  • In addition to principal repayment, Cronos also received approximately $10.3 million in interest payments from GrowCo in 2023, resulting in a total of approximately $15.9 million in cash payments to Cronos in 2023.
  • ET to discuss 2023 Fourth Quarter and Full-Year business results.

Vantage Hemp Co. Achieves GMP Certification from Australia's Therapeutic Goods Administration

Retrieved on: 
Thursday, February 29, 2024

Greeley, Colorado, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Vantage Hemp Co. (“Vantage” or “the Company”), a globally accredited plant-based extractor and finished product manufacturer, is proud to announce that it has successfully obtained Good Manufacturing Practice (GMP) certification from Australia's Therapeutic Goods Administration (TGA).

Key Points: 
  • Greeley, Colorado, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Vantage Hemp Co. (“Vantage” or “the Company”), a globally accredited plant-based extractor and finished product manufacturer, is proud to announce that it has successfully obtained Good Manufacturing Practice (GMP) certification from Australia's Therapeutic Goods Administration (TGA).
  • Vantage is establishing a leadership position in key international markets by obtaining formal approval for importation through its demonstration of manufacturing excellence.
  • This milestone not only marks Vantage’s adherence to long-standing GMP pharmaceutical manufacturing standards but also industry-specific regulations including Therapeutic Goods (Standard for Medicinal Cannabis) (TGO 93) Order 2017 (TGO 93).
  • The final evaluation concluded that Vantage operates in accordance with the relevant GMP requirements.

Green Thumb Expands Florida Retail Footprint with New RISE Dispensary in Dunnellon, its 15th Location in the Sunshine State

Retrieved on: 
Thursday, February 29, 2024

CHICAGO and VANCOUVER, British Columbia, Feb. 29, 2024 (GLOBE NEWSWIRE) -- RISE Dispensaries , a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), today announced the opening of its 15th retail location in Florida and 92nd nationwide, RISE Dispensary Dunnellon.

Key Points: 
  • CHICAGO and VANCOUVER, British Columbia, Feb. 29, 2024 (GLOBE NEWSWIRE) -- RISE Dispensaries , a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), today announced the opening of its 15th retail location in Florida and 92nd nationwide, RISE Dispensary Dunnellon.
  • Located at 11192 N. Williams St., RISE Dispensary Dunnellon will open on Friday, March 1, with special discounts and complimentary merchandise for the store’s first customers.
  • “We are thrilled to be the first dispensary to open in the City of Dunnellon, marking our second RISE location in Marion County,” said Green Thumb President Anthony Georgiadis.
  • “Located just west of our state-of-the-art cultivation facility in Ocala, RISE Dunnellon shall offer a highly curated product selection and best-in-class service.

Amethyst Beverage Ramps Up Major Events for the Spring and Summer Due to Increased Demand for Its CBD Water

Retrieved on: 
Wednesday, February 28, 2024

These events will include Music festivals and specialized marketing events at Fitness and Retail locations.

Key Points: 
  • These events will include Music festivals and specialized marketing events at Fitness and Retail locations.
  • The Spring Festival season will be kicking off in April 2024 in Lake Havasu, Arizona.
  • Amethyst Beverage will be the sponsor of and exclusive water rights for each event.
  • We will also start including our specialty Fulvic Acid, Ionic Minerals and Aloe Vera in the product line as well.

Rocky Mountain High Brands, Inc. Recaps Company’s OTC Quarterly Filings For 2023

Retrieved on: 
Wednesday, February 28, 2024

The Company is now current with all of its filing requirements with the OTC Markets Group, and certain internal improvements have been implemented to ensure timely filings going forward.

Key Points: 
  • The Company is now current with all of its filing requirements with the OTC Markets Group, and certain internal improvements have been implemented to ensure timely filings going forward.
  • Rocky Mountain High Brands, Inc. (RMHB) is a diversified and dynamic Company committed to making a difference by raising the quality and expectations in the beverage sector.
  • Rocky Mountain NexBev, Inc., a wholly owned subsidiary of RMHB, specializes in non-alcoholic beverages, including energy drinks, custom drinks, CBD & hemp, and other specialty drinks.
  • Some of these risks and uncertainties are identified in the Company’s filings with the OTC Markets.

Samson Extracts Processes Over 1 Million Lbs of Hemp Biomass in 2023

Retrieved on: 
Tuesday, February 27, 2024

GENEVA, Ala., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Samson Extracts (“Samson” or the “Company”), an Alabama-owned and operated manufacturer of bulk CBD products, announced that it processed over one million pounds of hemp biomass in 2023.

Key Points: 
  • GENEVA, Ala., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Samson Extracts (“Samson” or the “Company”), an Alabama-owned and operated manufacturer of bulk CBD products, announced that it processed over one million pounds of hemp biomass in 2023.
  • This milestone achievement places Samson within the top ten hemp processors by biomass extraction volume in the United States, with the company’s full spectrum CBD distillate (FSD) distributed nationally to many of the country’s top hemp and cannabis operators and wholesalers.
  • Samson Extracts utilizes a GMP-certified, complex industrial-scale extraction system to produce winterized and decarbed crude FSD for a diverse range of products.
  • “This milestone accomplishment in our company history is only the beginning of what is to come from Samson,” said Kyle Neathery, CEO of Samson Extracts.

Solei Brand Launches New Cannabis Infused Cold Brew Teas

Retrieved on: 
Thursday, February 22, 2024

TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis and consumer packaged goods company, today debuts two new ready-to-drink cold brew tea beverages by its premium cannabis wellness brand, Solei .

Key Points: 
  • TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis and consumer packaged goods company, today debuts two new ready-to-drink cold brew tea beverages by its premium cannabis wellness brand, Solei .
  • Introducing Peach Cranberry and Wildberry Hibiscus, Solei’s new cold brew tea offerings are non-carbonated and embrace a moderate elevation that’s mildly sweet and comes in 355ml per can.
  • Solei’s newly launched cold brew teas are produced with a black tea base and blended with real fruit juice to create a refreshing fizz-free experience.
  • Find out more about Solei’s Cold Brew Teas by visiting www.solei.ca and following our journey @soleicanada across socials.

Pet Releaf Unveils Magical March Promotions: Will You Find a Golden Ticket?

Retrieved on: 
Thursday, March 7, 2024

DENVER, March 7, 2024 /PRNewswire/ -- Pet Releaf , the original and leading provider of CBD products for pets, is excited to put customers' luck to the test in a month-long promotion.

Key Points: 
  • DENVER, March 7, 2024 /PRNewswire/ -- Pet Releaf , the original and leading provider of CBD products for pets, is excited to put customers' luck to the test in a month-long promotion.
  • This March, shoppers will have more than 900 chances to receive a secret ticket in their package promising everything from free shipping to 100% off.
  • This March, more than 900 Pet Releaf shoppers will receive a secret ticket in their package.
  • "We are excited to bring a little magic and luck to our customers this March," said Co-Founder Chelsea Gennings.

There Is a New Patented Technology Coming Soon That Could Very Likely Change the Entire Global Cannabis Marketplace: The Vapor Cartridge Technology (VCT)

Retrieved on: 
Monday, March 4, 2024

Consumers predominantly inhale vaporized cannabis extracts, typically by heating dried flower to produce a rich vapor or using vape pens to vaporize oil-filled cartridges.

Key Points: 
  • Consumers predominantly inhale vaporized cannabis extracts, typically by heating dried flower to produce a rich vapor or using vape pens to vaporize oil-filled cartridges.
  • Recreational Use Advantages: "VCT vapor cartridges will enjoy a distinct advantage in the adult recreational market.
  • VCT vapor cartridges will offer a more cost-effective and trusted way for consumers to achieve the physiological effect that they desire."
  • As such, demand will be high for legal wholesale botanical cannabis to be processed into VCT vapor cartridges.

CurePSP Elects Longtime Board and Community Member as Its Board Chair

Retrieved on: 
Thursday, February 29, 2024

Phillips will work closely with CurePSP's executive director and chief science officer, Kristophe Diaz, PhD, and the Board, to advance CurePSP's mission and strategic objectives.

Key Points: 
  • Phillips will work closely with CurePSP's executive director and chief science officer, Kristophe Diaz, PhD, and the Board, to advance CurePSP's mission and strategic objectives.
  • He has seen progress accelerate exponentially each year and is poised to continue that momentum as Board Chair.
  • Phillips served on the CurePSP Board on the Executive Committee, the Finance Committee, the Centers of Care Steering Committee and the Strategy Committee.
  • "We are entering a new era at CurePSP and I'm pleased to find an astute business leader at the helm of the Board."