Cannabis

Cannabis Innovator Lehua Brands Introduces New Products for Wellness-Minded and Experienced Consumers

Retrieved on: 
Wednesday, March 20, 2024

Lehua Brands , a California-licensed manufacturer of award-winning cannabis products, today announced a product line expansion with new brands crafted to provide high quality, healthier and function-based options for consumers in California and Canada.

Key Points: 
  • Lehua Brands , a California-licensed manufacturer of award-winning cannabis products, today announced a product line expansion with new brands crafted to provide high quality, healthier and function-based options for consumers in California and Canada.
  • Lehua Brands’ new offerings address this evolution with products in a variety of formats, all made with the finest-quality ingredients, with health and functionality at the forefront.
  • “Lehua is focused on driving the industry forward with a variety of innovative products that provide retailers with exciting options to meet consumers where they are.”
    The new brands within the growing Lehua portfolio include:
    Live ORO oral concentrate (1:1 / 10mg CBN: 10mg THC).
  • Lehua products are available in 115+ California licensed retailers and in April they will debut in Ontario, Canada.

Bliss + Lex to Open Manhattan’s First Black Woman-Owned Dispensary in Upper East Side

Retrieved on: 
Tuesday, March 19, 2024

Bliss + Lex , Manhattan’s Upper East Side latest state-licensed dispensary, is celebrating its grand opening on Wednesday, March 20.

Key Points: 
  • Bliss + Lex , Manhattan’s Upper East Side latest state-licensed dispensary, is celebrating its grand opening on Wednesday, March 20.
  • It is Manhattan’s first Black woman-owned dispensary and a Conditional Adult-Use Retail Dispensary (CAURD) licensee.
  • Bliss + Lex is the second retailer to open in collaboration with the Housing Works CAURD Community Initiative , which offers a range of critical support for New York social-equity cannabis entrepreneurs.
  • Bliss + Lex will carry a range of products from brands such as Off Hours , 1906 , TYSON 2.0 and more.

The Cannabist Company Announces Closing of US$25.75 Million Private Placement Offering of 9% Senior Secured Convertible Debentures Due 2027

Retrieved on: 
Tuesday, March 19, 2024

The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”) announced today that it has completed a private placement of US$19.5 million aggregate principal amount of 9.00% senior secured convertible debentures due 2027 (the "Notes") in a concurrent private brokered offering (the “Brokered Offering”) and private non-brokered offering (the “Non-Brokered Offering” and together with the Brokered Offering, the “Offering”).

Key Points: 
  • The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”) announced today that it has completed a private placement of US$19.5 million aggregate principal amount of 9.00% senior secured convertible debentures due 2027 (the "Notes") in a concurrent private brokered offering (the “Brokered Offering”) and private non-brokered offering (the “Non-Brokered Offering” and together with the Brokered Offering, the “Offering”).
  • The Notes are senior secured obligations of the Company and mature in March 2027, unless earlier converted or repurchased.
  • As a result, the Company has received US$15.6 million of new capital and has extinguished US$5.0 million of 6% Senior Secured Convertible Notes Due 2025.
  • Subsequent to this transaction, there are US$59.5 million remaining 6% Senior Secured Convertible Notes Due 2025.

Hydroponics Equipment Global Market Report 2024 - Modified Norway Spruce Wood Fiber Grow Medium Enhances Hydroponic Strawberry Production - ResearchAndMarkets.com

Retrieved on: 
Monday, March 18, 2024

The "Hydroponics Equipment - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Hydroponics Equipment - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering.
  • This report reviews, analyzes and projects the global Hydroponics Equipment market for the period 2020-2029 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2023 through 2029.
  • Hydroponics equipment is primarily needed for indoor farming and comprises Heating, Ventilation, & Air Conditioning (HVAC) Systems, LED Grow Lights, Irrigation Systems, Control Systems and Material Handling Equipment.
  • The overall global market for Hydroponics Equipment is expected to surpass US$5 billion in 2024.

Calling all Cannabis Enthusiasts! NOXX Cannabis Presents Inaugural NOXX Daze to Kick of St Patrick’s Day Weekend in East Peoria, IL

Retrieved on: 
Friday, March 15, 2024

NOXX Cannabis is offering a different take on this historically green holiday as it hosts its first NOXX DAZE celebration.

Key Points: 
  • NOXX Cannabis is offering a different take on this historically green holiday as it hosts its first NOXX DAZE celebration.
  • Conveniently located at 300 S Main St, directly across Main St from Kroger in East Peoria, the recreational dispensary will kick off the celebration on Saturday March 16th at 9am.
  • NOXX Daze is a cannabis celebration that offers the same glitz and glamor as a grand opening, but the dispensary has been serving marijuana enthusiasts since January.
  • Whether you’re Irish or not, Noxx Cannabis can make your St Patrick’s Day a little greener.

Innovative Industrial Properties Declares First Quarter 2024 Dividends

Retrieved on: 
Friday, March 15, 2024

Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a first quarter 2024 dividend of $1.82 per share of common stock.

Key Points: 
  • Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a first quarter 2024 dividend of $1.82 per share of common stock.
  • The common stock dividends declared for the last twelve months total $7.24 per common share.
  • Additionally, IIP announced today that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP’s 9.00% Series A Cumulative Redeemable Preferred Stock.
  • The dividends are payable on April 15, 2024 to stockholders of record at the close of business on March 28, 2024.

TRP Enters Chicago Cannabis Market, Celebrates the Grand Opening of Cookies Chicago on 3/16/24

Retrieved on: 
Friday, March 15, 2024

TRP ( www.trp.co ), a leading cannabis retail, cultivation, and distribution platform, is thrilled to announce the grand opening of Cookies Chicago, the much-anticipated inaugural Chicago dispensary from the most globally recognized cannabis company, Cookies, on Saturday, March 16th, 2024.

Key Points: 
  • TRP ( www.trp.co ), a leading cannabis retail, cultivation, and distribution platform, is thrilled to announce the grand opening of Cookies Chicago, the much-anticipated inaugural Chicago dispensary from the most globally recognized cannabis company, Cookies, on Saturday, March 16th, 2024.
  • TRP is proud to be partnering with social equity licensee, Mint Ventures, in opening Cookies Chicago.
  • “Cookies Chicago is positioned to be both the premiere and most convenient destination for Chicago’s cannabis community,” said TRP CEO, Brandon Johnson.
  • The grand opening of the biggest name in cannabis will include an entire day of celebrations in Chicago.

The Cannabist Company Announces Intent to Complete US$25.75 Million Private Placement Offering of 9% Senior Secured Convertible Debentures Due 2027

Retrieved on: 
Friday, March 15, 2024

The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”) announced today that it intends to complete a private placement of up to US$19.5 million (the "Offering") aggregate principal amount of 9.00% senior secured convertible debentures due 2027 (the "Notes").

Key Points: 
  • The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”) announced today that it intends to complete a private placement of up to US$19.5 million (the "Offering") aggregate principal amount of 9.00% senior secured convertible debentures due 2027 (the "Notes").
  • The Company has received binding commitments for US$17.5 million and may enter into additional commitments for US$2.0 million of Notes prior to closing.
  • The Notes will be senior secured obligations of the Company and mature in March 2027, unless earlier converted or repurchased.
  • As a result, assuming that the Company enters into additional commitments for US$2 million, the Company will receive US$15.6 million of new capital and extinguish US$5.0 million of 6% Senior Secured Convertible Notes Due 2025.

Calling all Cannabis Enthusiasts! Inaugural NOXX & COOKIES DAZE Kicks off St Patrick’s Day Weekend in Grand Rapids, MI

Retrieved on: 
Friday, March 15, 2024

NOXX Cannabis and Cookies Grand Rapids are teaming up to provide a unique twist on this historically green holiday.

Key Points: 
  • NOXX Cannabis and Cookies Grand Rapids are teaming up to provide a unique twist on this historically green holiday.
  • NOXX & COOKIES DAZE promises a cannabis celebration that offers the same glitz and glamor as a grand opening, but these dispensaries have been serving marijuana enthusiasts in Grand Rapids since 2022.
  • Cookies Grand Rapids, located at 330 Ann St NW, boasts the city’s widest selection of Cookies Cannabis products.
  • Whether you’re Irish or not, make your St Patrick’s Day a little greener this year by visiting Noxx Cannabis or Cookies Grand Rapids.