Ontario Cannabis Retail Corporation

CanPay Announced as Sole Digital Payments Solution for Seed & Beyond

Retrieved on: 
Tuesday, October 11, 2022

LITTLETON, Colo., Oct. 11, 2022 /PRNewswire/ -- The largest digital payments network for cannabis merchants and retailers, CanPay, is now available as the sole digital payment solution in Seed and Beyond's advanced end-to-end enterprise resource planning (ERP) software.

Key Points: 
  • LITTLETON, Colo., Oct. 11, 2022 /PRNewswire/ -- The largest digital payments network for cannabis merchants and retailers, CanPay, is now available as the sole digital payment solution in Seed and Beyond's advanced end-to-end enterprise resource planning (ERP) software.
  • "That's a big asset for cannabis businesses, and we're honored to be the only digital payment option available on Seed and Beyond's robust nationwide platform."
  • Merchants with a compliant bank account at a CanPay-approved financial institution may join the CanPay network quickly and easily.
  • "We are thrilled to be offering CanPay to cannabis retailers as part of the Seed and Beyond software.

BLAZE and Leafly Announce Expanded Partnership to Offer More Value to Thousands of Cannabis Retailers

Retrieved on: 
Tuesday, October 11, 2022

LOS ANGELES, Oct. 11, 2022 /PRNewswire/ -- BLAZE®, the industry-leading cannabis software suite and point-of-sale (POS) platform for Cannabis Retailers, and Leafly, a leading cannabis discovery marketplace and resource for cannabis consumers, today announced an enhanced partnership that instantly improves inventory management, menu capability and fulfillment tools for cannabis retailers and their employees.

Key Points: 
  • This integration is about helping retailers scale their operations," said Chris Violas, Chief Executive Officer at BLAZE.
  • "More cannabis consumers are shopping online than ever before and this functionality will help dispensaries capitalize on this growing trend."
  • "We are so pleased to expand our partnership with BLAZE and bring even more value to our retailers," said Sam Martin, Chief Operating Officer at Leafly.
  • In 2021, more than 5,200 cannabis retailers in North America leveraged the Leafly platform to reach new customers.

HYTN Opens Provincial and Territorial Markets for Tricanna Manufactured Pre-Rolled Cannabis Products

Retrieved on: 
Thursday, September 29, 2022

VANCOUVER, British Columbia, Sept. 29, 2022 (GLOBE NEWSWIRE) -- HYTN Innovations Inc. (HYTN or the Company) (CSE: HYTN) is pleased to announce that its wholly owned subsidiary, HYTN Cannabis Inc., has entered into a manufacturing agreement (the Agreement) with Tricanna Industries Inc. (Tricanna), a leading supplier of pre-rolled cannabis products.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 29, 2022 (GLOBE NEWSWIRE) -- HYTN Innovations Inc. (HYTN or the Company) (CSE: HYTN) is pleased to announce that its wholly owned subsidiary, HYTN Cannabis Inc., has entered into a manufacturing agreement (the Agreement) with Tricanna Industries Inc. (Tricanna), a leading supplier of pre-rolled cannabis products.
  • This agreement aligns us with a great pre-roll partner and we are excited to work with Tricanna to deliver pre-rolls to the Canadian market.
  • The Company notes that it has achieved vendor qualification in all major Canadian markets for Tricannas products.
  • Pursuant to the agreement, all revenue from orders of pre-rolled cannabis products will flow through HYTN, with the Company retaining a percentage of the net sales price.

Leafythings launches Retailer Support Program to help struggling Ontario Cannabis Store businesses.

Retrieved on: 
Thursday, September 22, 2022

TORONTO, Sept. 22, 2022 /CNW/ - Unfortunately due to the rise of cannabis store closures on the horizon in the Ontario cannabis marketplace, Leafythings has discovered the lack of an efficient orderly closure program existing for struggling retailers and is proposing a retailer support program.

Key Points: 
  • TORONTO, Sept. 22, 2022 /CNW/ - Unfortunately due to the rise of cannabis store closures on the horizon in the Ontario cannabis marketplace, Leafythings has discovered the lack of an efficient orderly closure program existing for struggling retailers and is proposing a retailer support program.
  • Leafythings will begin its Retail Cannabis Store Support Program by buying all available inventory from stores who wish to wind down in a timely fashion.
  • Ontario Cannabis Retailers who may be struggling are encouraged to reach out to [email protected] to see if they may be eligible for the Leafythings Retail Store Closure Support Program.
  • Since 2019, Leafythings has taken a cannabis consumer centric approach to helping Canadians find affordable and quality cannabis anywhere in Canada.

FOUR20, One of Alberta’s Largest Cannabis Retailers, Opens its Doors in Ontario

Retrieved on: 
Thursday, September 22, 2022

Our goal is to continue investing in our customers, providing transparency, education, accessibility, and inclusivity within cannabis through a best in-store experience.

Key Points: 
  • Our goal is to continue investing in our customers, providing transparency, education, accessibility, and inclusivity within cannabis through a best in-store experience.
  • According to the Globe & Mail, the Ontario Cannabis Store (OCS) commented that cannabis consumers are favourably disposed to in-store shopping with only 4% of retail sales made through the OCS website.
  • In the companys quest to continue bringing first-class cannabis education to its customers, FOUR20 has brought cannabis experts to its leadership team.
  • With FOUR20s expansion into Ontario, the company continues to provide accessible cannabis education to the masses.

INDIVA REPORTS SECOND QUARTER 2022 RESULTS

Retrieved on: 
Tuesday, August 16, 2022

LONDON, ON, Aug. 16, 2022 /PRNewswire/ - Indiva Limited (the "Company" or "Indiva") (TSXV: NDVA) (OTCQX: NDVAF), the leading Canadian producer of cannabis edibles and other cannabis products, is pleased to announce its financial and operating results for the second fiscal quarter ended June 30, 2022.

Key Points: 
  • LONDON, ON, Aug. 16, 2022 /PRNewswire/ - Indiva Limited (the "Company" or "Indiva") (TSXV: NDVA) (OTCQX: NDVAF), the leading Canadian producer of cannabis edibles and other cannabis products, is pleased to announce its financial and operating results for the second fiscal quarter ended June 30, 2022.
  • "The second quarter was extremely busy operationally, as we began manufacturing new products, including our first commercial batches of Pearls gummies, which were delivered to the OCS subsequent to quarter end.
  • Gross revenue in Q2 2022 was $8.9 million, representing an 8.3% sequential decrease from Q1 2022, and a 9.9% decrease year-over-year from Q2 2021.
  • Data from Hifyre Inc. for the second quarter of 2022 shows strong sell-through of Indiva edible products.

Leafythings Proposes a Supplementary Independent Cannabis Supply Chain

Retrieved on: 
Monday, August 15, 2022

TORONTO, Aug. 15, 2022 /PRNewswire/ - Leafythings, a thought leader in the cannabis industry and award-winning cannabis directory platform and mobile application, proposes a supplementary independent cannabis supply chain in Ontario.

Key Points: 
  • TORONTO, Aug. 15, 2022 /PRNewswire/ - Leafythings, a thought leader in the cannabis industry and award-winning cannabis directory platform and mobile application, proposes a supplementary independent cannabis supply chain in Ontario.
  • The Leafythings platform is a digital aggregation of independent and regulated brands and retailers across the cannabis retail market.
  • Independent cannabis supply chains represent roughly a $3 billion marketplace in Canada, equal to the size of the regulated supply chain.
  • "Local Canadian cannabis growers and farmers have made up the independent supply chain for 40+ years.

SNDL to Announce Second Quarter 2022 Financial Results on August 12, 2022

Retrieved on: 
Tuesday, August 2, 2022

To access the replay, dial:

Key Points: 
  • To access the replay, dial:
    The webcast archive will be available for three months via the link provided above.
  • SNDL is a public company whose shares are traded on Nasdaq under the symbol "SNDL."
  • Its business is operated and reported in four segments: Liquor Retail, Cannabis Retail, Cannabis Production and Cultivation, and Investments.
  • SNDL's investment portfolio seeks to deploy strategic capital through direct and indirect investments and partnerships throughout the global cannabis industry.

Aleafia Health Announces Record $43.1 Million Net Revenue in 2022 15-Month Fiscal Year, Strong $8 Million Branded Cannabis Net Revenue in Q5

Retrieved on: 
Tuesday, June 28, 2022

Branded cannabis net revenue increases 151%: Aleafia Healths branded cannabis net revenue increased 151% to $36.8 million in fiscal year 2022, from $14.6 million in the prior year.

Key Points: 
  • Branded cannabis net revenue increases 151%: Aleafia Healths branded cannabis net revenue increased 151% to $36.8 million in fiscal year 2022, from $14.6 million in the prior year.
  • Total branded cannabis revenue for the period was $47.5 million.3 Branded cannabis net revenue rose 55% to $8.0 million in the three months ended March 31, 2022, compared to $5.2 million in the three months ended March 31, 2021.
  • Branded cannabis represented 85% of total net revenue in the fiscal year ending March 31, 2022, compared to only 40% in the prior fiscal year.
  • Reaffirm net revenue guidance for fiscal year 2023: Our current annual run-rate net revenue of approximately $43 million is primarily underpinned by $288 million in adult-use branded cannabis and $119 million in medical and international revenue.

INDIVA ANNOUNCES SHAREHOLDER MEETING RESULTS AND PROVIDES CORPORATE UPDATE

Retrieved on: 
Monday, June 27, 2022

LONDON, ON, June 27, 2022 /PRNewswire/ - INDIVA Limited (the "Company" or "INDIVA") (TSXV: NDVA) (OTCQX: NDVAF) is pleased to announce the results of its annual general meeting of shareholders (the "Meeting").

Key Points: 
  • LONDON, ON, June 27, 2022 /PRNewswire/ - INDIVA Limited (the "Company" or "INDIVA") (TSXV: NDVA) (OTCQX: NDVAF) is pleased to announce the results of its annual general meeting of shareholders (the "Meeting").
  • The Company also wishes to provide an update to its net revenue guidance provided in its Q1 2022 financial results press release, dated May 19, 2022.
  • The Company undertakes no obligation to publicly update or revise any forward-looking information except as required by applicable securities laws.
  • The Company and management believe that the FOFI reflects management's reasonable estimates and judgements; however, actual results of operations and the resulting financial results may vary.