Impact of the COVID-19 pandemic on the cannabis industry

Fiore Cannabis to Acquire California Cannabis Delivery Firm in $1.2 Million Transaction to Strengthen Market Focus

Thursday, June 10, 2021 - 12:00pm

The acquisition is primarily being funded with Fiore shares at a valuation that will be determined at closing.

Key Points: 
  • The acquisition is primarily being funded with Fiore shares at a valuation that will be determined at closing.
  • With regulations in California supportive of cannabis delivery, we see the opportunity to enter the delivery business, tie it to our growing retail business, and generate additional revenues for the Company," said Erik Anderson, President and CEO of Fiore Cannabis.
  • CPC is one of the top cannabis delivery services in the state with annual sales of US$2.2 million and a strategic focus to this point on northern California markets.
  • "We have developed a top-tier cannabis delivery and e-commerce business with a solid customer base," said John Jacobs, Owner of California Patients Club.

Greenrose Acquisition Corp. to Acquire Four Cannabis Companies, Creating a Vertically Integrated and Cash Flow Positive Platform Positioned for Significant Growth

Monday, March 15, 2021 - 11:00am

Following the transactions forming the Platform, Greenrose will be a vertically integrated, multistate operator cannabis company.

Key Points: 
  • Following the transactions forming the Platform, Greenrose will be a vertically integrated, multistate operator cannabis company.
  • The Shango brand has multiple full-service recreational and medical cannabis dispensaries in Oregon and Nevada, as well as a medical cannabis provisioning center in Michigan.
  • Shango is committed to cannabis education and is a fierce advocate of the safe and responsible use of cannabis products.
  • The Health Center is a vertically integrated cannabis company operating in the Colorado market.

Sol Flower Dispensaries to Begin Recreational Cannabis Sales on Jan. 28th in Arizona

Wednesday, January 27, 2021 - 3:00pm

PHOENIX, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Arizona dispensary brand Sol Flower announced today it will begin recreational cannabis sales to adults age 21 and over on Thursday, January 28th.

Key Points: 
  • PHOENIX, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Arizona dispensary brand Sol Flower announced today it will begin recreational cannabis sales to adults age 21 and over on Thursday, January 28th.
  • The Arizona Department of Health Services started accepting dual license applications on January 19th from current medical marijuana dispensaries wanting to operate as recreational facilities.
  • * Copperstate Farms has implemented social distancing and enhanced safety measures at its cultivation facility and Sol Flower dispensaries during the coronavirus (COVID-19) outbreak.
  • Sol Flower is a mixed-use dispensary concept established in 2019 by Copperstate Farms Management, LLC, a vertically integrated cannabis company.

Trulieve Opens Location in Sebastian

Wednesday, January 27, 2021 - 12:00pm

ft. location marks the Company's first in the city of Sebastian and second in Indian River county, expanding patient access to Florida's largest and broadest assortmentof high-quality medical cannabis products.

Key Points: 
  • ft. location marks the Company's first in the city of Sebastian and second in Indian River county, expanding patient access to Florida's largest and broadest assortmentof high-quality medical cannabis products.
  • "We are excited to open this new dispensary in Sebastian and bring access directly to patients in the area, as well as offering resources for education on the benefits of medical cannabis,"said Trulieve CEO Kim Rivers .
  • "Trulieve remains dedicated to creating an environment where everyone from experienced patients to people newly curious about medical cannabis feel comfortable.
  • Trulieve also offers home delivery statewide for patients and convenient in-store pickup at each of its 73 dispensaries in Florida.

Cannabis Delivery Services Are Becoming One of the Hottest Revenue Streams in Cannabis Market

Friday, January 22, 2021 - 1:30pm

The High There article continued: "States that have already legalized cannabis, like California, are seeing a spike in business thanks to the overwhelming convenience of cannabis delivery being the next wave in cannabis commerce.

Key Points: 
  • The High There article continued: "States that have already legalized cannabis, like California, are seeing a spike in business thanks to the overwhelming convenience of cannabis delivery being the next wave in cannabis commerce.
  • What many are considering the next trend for cannabis business, delivery services can help surge revenue for the retailers that jump in to take advantage.
  • With legalization only having ramped up since then, it's likely the numbers have only continued to increase, making the market ripe for cannabis delivery."
  • The Company can utilize these technologies to further augment their newly announced digital supply chain & blockchain cannabis dispensary delivery services market app.

Cannabis Delivery Services Are Becoming One of the Hottest Revenue Streams in Cannabis Market

Friday, January 22, 2021 - 1:30pm

The High There article continued: "States that have already legalized cannabis, like California, are seeing a spike in business thanks to the overwhelming convenience of cannabis delivery being the next wave in cannabis commerce.

Key Points: 
  • The High There article continued: "States that have already legalized cannabis, like California, are seeing a spike in business thanks to the overwhelming convenience of cannabis delivery being the next wave in cannabis commerce.
  • What many are considering the next trend for cannabis business, delivery services can help surge revenue for the retailers that jump in to take advantage.
  • With legalization only having ramped up since then, it's likely the numbers have only continued to increase, making the market ripe for cannabis delivery."
  • The Company can utilize these technologies to further augment their newly announced digital supply chain & blockchain cannabis dispensary delivery services market app.

Hollister Provides Comment on Approval of Recreational Cannabis in Arizona

Thursday, November 5, 2020 - 1:00am

VANCOUVER, BC, Nov. 4, 2020 /PRNewswire/ - Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) (the "Company", "Hollister Cannabis Co." or "Hollister") a diversified cannabis branding company with products in over 280 dispensaries throughout California, and over 80 dispensaries throughout Arizona provides comment on the successful passage of Proposition 207 legalizing the cultivation, sale and consumption of recreational cannabis in the state of Arizona.

Key Points: 
  • VANCOUVER, BC, Nov. 4, 2020 /PRNewswire/ - Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) (the "Company", "Hollister Cannabis Co." or "Hollister") a diversified cannabis branding company with products in over 280 dispensaries throughout California, and over 80 dispensaries throughout Arizona provides comment on the successful passage of Proposition 207 legalizing the cultivation, sale and consumption of recreational cannabis in the state of Arizona.
  • "Seeing recreational Cannabis legalized in the state is an encouraging sign and is hopefully another step toward federal legalization.
  • The recreational cannabis market in Arizona could be valued at up to US $760 million by 20241,significantly expanding the total addressable market for Cannabis in the state.
  • Our wholly owned California subsidiary Hollister Cannabis Co is the 1st state and locally licensed cannabis company in the city of Hollister, CA birthplace of the "American Biker".

Shango Named Best Multi-State Medical Cannabis Dispensary - USA

Monday, September 14, 2020 - 10:00am

LAS VEGAS, Sept. 14, 2020 /PRNewswire-PRWeb/ --Shango Cannabis won the title of Best Multi-State Medical Cannabis Dispensary in the United States for 2020.

Key Points: 
  • LAS VEGAS, Sept. 14, 2020 /PRNewswire-PRWeb/ --Shango Cannabis won the title of Best Multi-State Medical Cannabis Dispensary in the United States for 2020.
  • "To be named the best in the U.S. by an international medical media organization is a great honor," Shango Founder and CEO Brandon Rexroad said.
  • The Shango brand has multiple full-service recreational and medical cannabis dispensaries in Oregon and Nevada, as well as a medical cannabis provisioning center in Michigan.
  • Shango is committed to cannabis education and is a fierce advocate of the safe and responsible use of cannabis products.