Cannabis concentrate

Tilray Brands Reports Record Q4 Financial Results

Retrieved on: 
Wednesday, July 26, 2023

All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.

Key Points: 
  • All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
  • Irwin D. Simon, Tilray Brands’ Chairman and Chief Executive Officer, stated, “Our financial performance is demonstrative of Tilray Brands’ being the leading, most diversified cannabis lifestyle and CPG company in the world.
  • Cannabis net revenue increased 21% to $64 million in the fourth quarter compared to $53 million in the prior year quarter.
  • Strong financial liquidity position of ~$450 million, consisting of $207 million in cash and $242 million in marketable securities.

Two Iconic Washington Cannabis Companies, Evergreen Herbal and Two Heads Co. Sign Exclusive Agreement to Expand the Sales of Premium Cannabis Concentrate Products

Retrieved on: 
Thursday, July 7, 2022

SEATTLE, July 7, 2022 /PRNewswire-PRWeb/ -- Two of Washington State's most prominent legal cannabis companies, Evergreen Herbal (EH) and Two Heads Co. have today announced that they have entered into an exclusive agreement to have EH sell and distribute throughout Washington the entire product portfolio of Two Heads Co.

Key Points: 
  • Two Iconic Washington Cannabis Companies, Evergreen Herbal and Two Heads Co. Sign Exclusive Agreement to Expand the Sales of Premium Cannabis Concentrate Products.
  • We have always admired their commitment to producing clean, pure, and flavorful cannabis concentrate products.
  • "The Concentrates segment is nearly a quarter of all cannabis products sold in our state.
  • Natives of the PNW, the owners and operators of Two Heads Co. have over 50 years experience growing cannabis.

Hollister Biosciences Inc. Announces 30-Acre Arizona Brand Campus with planned 700,000 square feet of cultivation area and an existing 28,500-square-foot processing and manufacturing facility

Retrieved on: 
Wednesday, August 25, 2021

The campus (the "Hollister Brand Campus") includes 700,000+ square feet of canopy for cultivation and a 28,500-square foot processing and manufacturing facility.

Key Points: 
  • The campus (the "Hollister Brand Campus") includes 700,000+ square feet of canopy for cultivation and a 28,500-square foot processing and manufacturing facility.
  • Hollister will use the Hollister Brand Campus as a hub to introduce its lineup of California-based brands to the Arizona market.
  • The Hollister Brand Campus is zoned favorably for the cultivation and processing of cannabis and has been ISO 9001:2015 certied.
  • The building on the Hollister Brand Campus includes approximately 2,500 square feet of oce space and 26,000 square feet of warehousing and manufacturing space that will be customized to produce for Hollister and third-party brands.

Union Cannabis Group Goes International with Canadian Partnership

Retrieved on: 
Wednesday, July 14, 2021

SAN FRANCISCO, July 14, 2021 /PRNewswire-PRWeb/ -- Union Cannabis Group (UCG Inc.; UCG) is partnering with Decibel to bring its concentrate brand, Dabstract , into the Canadian cannabis market.

Key Points: 
  • SAN FRANCISCO, July 14, 2021 /PRNewswire-PRWeb/ -- Union Cannabis Group (UCG Inc.; UCG) is partnering with Decibel to bring its concentrate brand, Dabstract , into the Canadian cannabis market.
  • UCG will also develop exclusive formulations for Decibel's concentrate brands to increase the Canadian company's product pipeline and portfolio.
  • A multiple Dope Cup and High Times Cannabis Cup winner, Dabstract is licensed throughout four states in the US.
  • Union Cannabis Group (UCG Inc.; UCG) is a cannabis brand and product company that also offers design and installation services for cannabis extraction facilities, manufacturing process training, product formulation, and brand licensing.

Hollister Biosciences Inc. Announces Launch of Pre-Roll Production and Distribution in Arizona

Retrieved on: 
Monday, June 28, 2021

(CSE:HOLL)(OTC:HSTRF)(FRANKFURT:HOB) (the "Company", "Hollister Cannabis Co." or "Hollister") a diversified cannabis brandingcompany is pleased to announce that it has commenced pre-roll production and distribution in Arizona tocomplement the Company's existing cannabis concentrate product suite in the state through its whollyownedVenomExtracts("Venom")subsidiary.

Key Points: 
  • (CSE:HOLL)(OTC:HSTRF)(FRANKFURT:HOB) (the "Company", "Hollister Cannabis Co." or "Hollister") a diversified cannabis brandingcompany is pleased to announce that it has commenced pre-roll production and distribution in Arizona tocomplement the Company's existing cannabis concentrate product suite in the state through its whollyownedVenomExtracts("Venom")subsidiary.
  • "As a result of adult use legalization in Arizona, we have witnessed growing consumer demand for pre-rolls in the state.
  • - New Cannabis Ventures
    In March 2020 Hollister Biosciences completed the acquisition of Venom Extracts, one of the industry'spremier award-winning cannabis concentrate brands.
  • Hollister Biosciences Inc. is a multi-state company with a portfolio of innovative, high-quality cannabis & hemp branded consumer products and white-labeling manufacturing.

Hollister Biosciences Inc. Reports Fourth Quarter and Full Year Financial Results

Retrieved on: 
Monday, May 31, 2021

In March, Hollister Biosciences officially acquired Venom Extracts, one of the industry's premier award-winning cannabis concentrate brands.

Key Points: 
  • In March, Hollister Biosciences officially acquired Venom Extracts, one of the industry's premier award-winning cannabis concentrate brands.
  • In 2020, Hollister Biosciences soft launched a new cannabis delivery platform, Dreamy Delivery, to friends and family in the San Francisco Bay Area.
  • Hollister Biosciences and Allied Corp. partnered on a new medical cannabis brand, Tactical Relief, that made its market debut in December.
  • Hollister Biosciences Inc. is a multi-state company with a portfolio of innovative, high-quality cannabis & hemp branded consumer products and white-labeling manufacturing.

Fiore Cannabis Relaunches Diamante Extraction Lab to Satisfy Growing Demand in Nevada Market

Retrieved on: 
Wednesday, May 12, 2021

Due to market demand, the Company has added the processing of crude cannabis extracts into a number of concentrate-based products marketed under the Diamante brand name.

Key Points: 
  • Due to market demand, the Company has added the processing of crude cannabis extracts into a number of concentrate-based products marketed under the Diamante brand name.
  • The Company recently hired a talented Director of Extraction to oversee the lab.\nThe Company\'s "soil to oil" concept leverages high quality and organically cultivated cannabis flower in the extraction process.
  • These products are specifically targeted at discerning cannabis connoisseurs.\n"I am very pleased to see the Diamante extraction lab re-started and our concentrates beginning to make their way to customers in the Nevada market.
  • Relaunching the Diamante lab is an important milestone for us as it broadens our portfolio of products to include a variety of concentrates.

2021 WEEDCon Cup Judges Craft Cannabis And CBD Products

Retrieved on: 
Tuesday, May 4, 2021

b'LOS ANGELES, May 4, 2021 /PRNewswire/ -- On May 20th, the 6th WEEDCon Cup awards will take place in Los Angeles, CA judging the best cannabis products.

Key Points: 
  • b'LOS ANGELES, May 4, 2021 /PRNewswire/ -- On May 20th, the 6th WEEDCon Cup awards will take place in Los Angeles, CA judging the best cannabis products.
  • The two-day affair includes awards for Best Flower, Best Cannabis Concentrate, Best Edible, Best CBD Tincture, Best CBD Topical, Best Dispensary and other categories.
  • In a COVID-safe environment, WEEDCon attendees will enjoy the Cup Awards, music, food, networking and education speakers.\nThe coveted WEEDCon Cup is 15lbs of cut crystal with sterling silver handles on a marble base and to get one you need to beat out the very best cannabis companies in the world.
  • Companies like Papa & Barkley, a three time WEEDCon Cup winner for their tinctures, topicals and concentrates, is a leading provider of wellness products in the cannabis industry.

Full Spectrum Cannabis Products Industry Expected To Remain Robust Through 2027

Retrieved on: 
Thursday, April 8, 2021

The report added that the global cannabis extract marketsize is expected to be valued at US $28.5 billion by 2027, and it is projected to expand at a CAGR of 16.6% through 2027 also.

Key Points: 
  • The report added that the global cannabis extract marketsize is expected to be valued at US $28.5 billion by 2027, and it is projected to expand at a CAGR of 16.6% through 2027 also.
  • Based on extract type, the market is segmented into full spectrum cannabis extracts and cannabis isolates.
  • Various manufacturers prefer full spectrum cannabis products owing to their advantages over the isolates.
  • Thus, the segment is expected to remain dominant over the forecast period (2027)."

Full Spectrum Cannabis Products Industry Expected To Remain Robust Through 2027

Retrieved on: 
Thursday, April 8, 2021

The report added that the global cannabis extract marketsize is expected to be valued at US $28.5 billion by 2027, and it is projected to expand at a CAGR of 16.6% through 2027 also.

Key Points: 
  • The report added that the global cannabis extract marketsize is expected to be valued at US $28.5 billion by 2027, and it is projected to expand at a CAGR of 16.6% through 2027 also.
  • Based on extract type, the market is segmented into full spectrum cannabis extracts and cannabis isolates.
  • Various manufacturers prefer full spectrum cannabis products owing to their advantages over the isolates.
  • Thus, the segment is expected to remain dominant over the forecast period (2027)."