Cannabis

Improving Lives by Improving Water: Former Fortune 500 Execs and Scientists Launching New Ingredient Brand

Retrieved on: 
Thursday, February 29, 2024

Hydrosome Labs said its discovery will create a new ingredient brand for firms using water to deliver active ingredients.

Key Points: 
  • Hydrosome Labs said its discovery will create a new ingredient brand for firms using water to deliver active ingredients.
  • It also notes the sustainability benefits of allowing manufacturers to do more with less, use fewer chemicals, reduce environmental impact, and shorten supply chains.
  • The business approach is a branded ingredient and royalty model with the “Hydrosome H2O” logo featured on pack and in marketing.
  • About 30 years ago, scientists began to investigate the formation of very tiny bubbles in water, sometimes referred to as ultrafine bubbles.

GrowGeneration’s HRG Distribution Enters Strategic Partnership with Quest Climate

Retrieved on: 
Thursday, February 29, 2024

GrowGeneration Corp. (NASDAQ: GRWG), the largest chain of specialty hydroponic and organic garden centers in the United States, today announced a strategic partnership between its distribution arm, HRG Distribution, and Quest Climate, a pioneering leader in advanced dehumidification technology.

Key Points: 
  • GrowGeneration Corp. (NASDAQ: GRWG), the largest chain of specialty hydroponic and organic garden centers in the United States, today announced a strategic partnership between its distribution arm, HRG Distribution, and Quest Climate, a pioneering leader in advanced dehumidification technology.
  • Quest Climate, known for its superior performance, quality, and customer service, will now be available through HRG Distribution, extending access to our retail partners.
  • “This partnership with Quest Climate and GrowGeneration represents a powerful synergy.
  • Lampert continued, “By partnering with Quest Climate, we fortify our status as the go-to source for cultivators in search of top-tier products and solutions.

GrowGeneration Schedules Fourth Quarter and Full Year 2023 Earnings Release Conference Call for March 13, 2024

Retrieved on: 
Wednesday, February 28, 2024

The announcement will be followed by a live earnings conference call at 4:30 p.m.

Key Points: 
  • The announcement will be followed by a live earnings conference call at 4:30 p.m.
  • To participate in the call, please dial (888) 664-6392 (domestic) or (416) 764-8659 (international).
  • The call will also be webcast and can be accessed here or in the Investor Relations section of the GrowGeneration website at: ir.growgeneration.com .
  • A replay of the webcast will be available approximately two hours after the conclusion of the call and remain available for approximately 90 calendar days.

Organigram Applauds the Standing Committee on Finance’s Recommendation on Excise Duty

Retrieved on: 
Wednesday, February 28, 2024

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”) enthusiastically supports the Standing Committee on Finance’s recent recommendation on the Excise Duty framework.

Key Points: 
  • Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”) enthusiastically supports the Standing Committee on Finance’s recent recommendation on the Excise Duty framework.
  • In a recently released report, titled ‘Shaping our Economic Future: Canadian Priorities,’ the House of Commons Standing Committee on Finance has unanimously recommended adjusting the excise duty formula for cannabis so that it is limited to a 10% ad valorem rate, and modifying the duty's operation, including applying excise stamps on cannabis products.
  • “The pre-budget recommendation could not have come at a better time,” said Beena Goldenberg, CEO of Organigram.
  • “Excise reform is critical to the long-term viability of the Canadian cannabis industry.

Indiva Announces Filing of Amended and Restated Offering Document and Concurrent Private Placement of up to $4.3 Million

Retrieved on: 
Wednesday, February 28, 2024

The LIFE Offering pursuant to the Amended and Restated Offering Document will consist of up to 40,000,000 units of the Company (each, a "LIFE Unit") for aggregate gross proceeds to the Company of up to $4,000,000.

Key Points: 
  • The LIFE Offering pursuant to the Amended and Restated Offering Document will consist of up to 40,000,000 units of the Company (each, a "LIFE Unit") for aggregate gross proceeds to the Company of up to $4,000,000.
  • The Amended and Restated Offering Document relating to the LIFE Offering can be accessed under the Company's profile at www.sedarplus.ca and at www.indiva.com .
  • Prospective investors should read the Amended and Restated Offering Document before making an investment decision.
  • Upon closing of the Concurrent Offering, the Company may pay certain eligible finders a finder's fee of up to $400,000.

Etain’s Premium Cannabis Products Now Available at The Travel Agency, at Union Square

Retrieved on: 
Thursday, February 29, 2024

Starting this week, Etain’s line of high-quality cannabis products, previously exclusive to medical cannabis patients, will now be available for purchase at The Travel Agency at Union Square.

Key Points: 
  • Starting this week, Etain’s line of high-quality cannabis products, previously exclusive to medical cannabis patients, will now be available for purchase at The Travel Agency at Union Square.
  • Etain is New York’s first women-founded cannabis company and has served New York’s medical cannabis patients since 2015.
  • This partnership marks the first time Etain-branded products will be available for purchase by adult-use customers at non-Etain dispensaries.
  • The initial Etain product’s launched at The Travel Agency include:
    “Since opening last year, The Travel Agency at Union Square has quickly become one of the most popular and highest-reviewed adult-use cannabis dispensaries in New York City.

Puffco Launches New Limited-Edition Flourish Collection, Along with its First Direct-to-Consumer Flourish Glass Marketplace

Retrieved on: 
Tuesday, February 27, 2024

“The glass world has been, and continues to be, essential in allowing hash culture to flourish,” said Volodarsky.

Key Points: 
  • “The glass world has been, and continues to be, essential in allowing hash culture to flourish,” said Volodarsky.
  • “That’s why we wanted to offer the Flourish Glass Marketplace in tandem with the new limited-edition colorway for Puffco devices.”
    The limited-edition collection is currently available for early access on Puffco.com to Puffco’s SMS subscribers, with general access opening Feb. 29.
  • SMS subscribers will also be the first to know when the Flourish Glass Marketplace is open.
  • Sign up for SMS at: https://www.puffco.com/pages/sms-signup
    The Puffco Flourish Collection includes:

Nabis Advances National Expansion Efforts With Blackbird Acquisition, Entering Nevada’s Wholesale Cannabis Market

Retrieved on: 
Tuesday, February 27, 2024

Nabis , the nation’s leading licensed cannabis wholesale platform, today announces its acquisition of Blackbird, the premier Nevada-based distribution solution.

Key Points: 
  • Nabis , the nation’s leading licensed cannabis wholesale platform, today announces its acquisition of Blackbird, the premier Nevada-based distribution solution.
  • It’s a bold step toward a brighter future for our cannabis partners statewide,” said Drea Ballard , Director of Operations at Blackbird.
  • As the top licensed cannabis wholesaling platform, Nabis' acquisition of Blackbird not only strengthens the multi-state supply chain, but also offers operating partners a clear path toward regional expansion into Nevada’s burgeoning market.
  • “And as Nabis sets its sights on national and potentially international horizons, we’re excited about the combined strengths of this acquisition leading the industry toward a new era of cannabis commerce.”

Tyler Technologies to Provide Cannabis Licensing to the Commonwealth of Kentucky

Retrieved on: 
Tuesday, February 27, 2024

Tyler Technologies, Inc. (NYSE: TYL) announced today it has signed an agreement with the Commonwealth of Kentucky to implement Tyler’s Cannabis Licensing solution to support the regulation of its medical cannabis program.

Key Points: 
  • Tyler Technologies, Inc. (NYSE: TYL) announced today it has signed an agreement with the Commonwealth of Kentucky to implement Tyler’s Cannabis Licensing solution to support the regulation of its medical cannabis program.
  • The Commonwealth of Kentucky signed Senate Bill 47 in March 2023, which established parameters and guardrails around the legalization of medical cannabis.
  • Tyler’s Cannabis Licensing solution will support the CHFS by delivering the tools needed to simplify cannabis licensing and registration for patients, business owners, and caregivers, as well as maintain regulatory compliance.
  • “We are very pleased to be selected by the Commonwealth of Kentucky to implement Tyler’s Cannabis Licensing solution,” said Carlos Luna, general manager of Tyler’s Kentucky state enterprise.

Cresco Labs to Report Fourth Quarter and Annual 2023 Financial Results on March 13, 2024

Retrieved on: 
Tuesday, February 27, 2024

Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) (“Cresco” or “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today announced it will report financial results for the fourth quarter and year ended December 31st, 2023 on Wednesday, March 13th, 2024 before the market opens.

Key Points: 
  • Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) (“Cresco” or “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today announced it will report financial results for the fourth quarter and year ended December 31st, 2023 on Wednesday, March 13th, 2024 before the market opens.
  • The Company will host a conference call and webcast to discuss its financial results and provide investors with key business highlights.