Old pal

The Cannabist Company Announces Partnership with Top Performing Flower Brand Old Pal

Retrieved on: 
Thursday, November 30, 2023

The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today it is launching a partnership with Old Pal , a top-performing lifestyle cannabis flower brand renowned for its unrivaled quality, accessibility and simplicity.

Key Points: 
  • The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today it is launching a partnership with Old Pal , a top-performing lifestyle cannabis flower brand renowned for its unrivaled quality, accessibility and simplicity.
  • View the full release here: https://www.businesswire.com/news/home/20231130260631/en/
    The collaboration will kick off with Old Pal and The Cannabist Company in Maryland and Virginia and will continue to roll out in additional states across its dispensary network in 2024, pending regulatory approval.
  • “The name says it all - ‘Old Pal’, a trusted brand consumers know, love, and can turn to when looking for good, quality cannabis at an affordable price.
  • Thanks to the Cannabist Company's brand expansion mindset, we can bring Old Pal's exceptional quality, legacy and shareable lifestyle to a broader consumer audience.”

Rainbow Realty Group Completes $5 Million Loan to New York-based Cannabis Company

Retrieved on: 
Thursday, November 16, 2023

NEW YORK, Nov. 16, 2023 /PRNewswire/ -- Rainbow Realty Group II, LLC ("Rainbow"), in collaboration with Sweet Leaf Madison Capital and MJ Real Estate Investment Trust, announced the closing of a senior mortgage secured by a highly advanced cannabis cultivation and processing property in Hudson Valley, New York (the "Property").   

Key Points: 
  • Hepworth Pura's brand portfolio includes Old Pal, Jetty Extracts, Smokiez, Miss Grass, Cookies, and many others.
  • Hepworth Pura has partnered with Final Bell to advance its execution on high-throughput manufacturing and launch of products into the market.
  • Their high-quality cannabis products can already be found in more than 95% of the licensed cannabis dispensaries in New York.
  • "We are proud to provide financing and to participate in the growth of a critical US market for compliant cannabis."

Dymapak Launches 'Squeeze and Turn Tin', Setting a New Industry Standard for Functional, Sustainable Packing

Retrieved on: 
Wednesday, October 4, 2023

NEW YORK, Oct. 4, 2023 /PRNewswire/ -- Dymapak, the leading global manufacturer of innovative child-resistant packaging solutions designed for a variety of applications and industries, today launched their new 'Squeeze and Turn Tin,' a revolutionary, 100% curbside recyclable child-resistant CPG packaging solution.

Key Points: 
  • The Squeeze and Turn Tin is an innovative solution for child-resistant packaging, keeping products fresher for longer thanks to its airtight seal and metal-on-metal construction.
  • As a 100% curbside recyclable design, the Squeeze and Turn Tin keeps sustainability at the forefront, unlike other self-described sustainable packaging on the market.
  • "The Squeeze and Turn Tin prioritizes high-quality, easy-to-use packaging solutions that reduce the sizable and growing waste problem we see from plastic closures.
  • Dymapak is a long-standing leader in packaging, with a customer base across a range of industries, including healthcare, CPG and cannabis.

Old Pal Arrives in New York: Unrivaled Quality Meets Classic, Sharable Cannabis Lifestyle

Retrieved on: 
Thursday, September 14, 2023

This expansion brings Old Pal's exceptional quality and classic, shareable lifestyle to the diverse and dynamic communities of the Big Apple.

Key Points: 
  • This expansion brings Old Pal's exceptional quality and classic, shareable lifestyle to the diverse and dynamic communities of the Big Apple.
  • In a move to further ensure the brand's unmatched quality, Old Pal has strategically partnered with Pura, a leading cannabis manufacturer.
  • Customers can look forward to classic Old Pal ready-to-roll 1/2 oz, 1/8th oz of full flower, and the 2-pack of pre-rolls, all crafted with the same quality standards that Old Pal cannabis products are known for.
  • Old Pal is a cannabis lifestyle brand that sets the gold standard for quality in the industry.

22nd Century Group (XXII) Reports Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 14, 2023

Net revenues for the second quarter of 2023 were $23.4 million, an increase of 61.8% from the same period in 2022.

Key Points: 
  • Net revenues for the second quarter of 2023 were $23.4 million, an increase of 61.8% from the same period in 2022.
  • Gross profit for the second quarter of 2023 was $(2.3) million as compared to $0.9 million in the prior year period.
  • Gross margin is expected to improve in the second half of 2023 reflecting:
    New CDMO+D contracts to begin shipping product in the second half of 2023.
  • to discuss its second quarter 2023 financial results and business highlights.

Petalfast Partners with Lime to Bring “Affordable, Effective & Loud” Cannabis to California Consumers

Retrieved on: 
Tuesday, July 18, 2023

IRVINE, Calif., July 18, 2023 (GLOBE NEWSWIRE) -- Petalfast , a route-through-market platform for the cannabis industry, announced its partnership with Lime , an award-winning California cannabis company with an extensive line of vapes, infused prerolls, gummies, concentrates, blunts, and more.

Key Points: 
  • IRVINE, Calif., July 18, 2023 (GLOBE NEWSWIRE) -- Petalfast , a route-through-market platform for the cannabis industry, announced its partnership with Lime , an award-winning California cannabis company with an extensive line of vapes, infused prerolls, gummies, concentrates, blunts, and more.
  • The collaboration between Petalfast and Lime brings together two innovative forces in the cannabis industry, aiming to provide consumers with top-quality products and a seamless shopping experience.
  • "Lime represents a brand with an ability to distinguish itself in the highly competitive California cannabis industry, and we are excited to help expand their market presence through new distribution channels,” said Jason Vegotsky, CEO of Petalfast.
  • With a focus on bringing the power of choice to cannabis consumers, Lime’s portfolio of products continues to set the brand apart from the competition.

Petalfast Welcomes Ciencia Labs, Hello Again and VetCBD to Growing California Portfolio

Retrieved on: 
Wednesday, June 28, 2023

IRVINE, Calif., June 28, 2023 (GLOBE NEWSWIRE) -- Petalfast , a route-through-market platform for the cannabis industry, announced its partnerships with Ciencia Labs , Hello Again and VetCBD .

Key Points: 
  • IRVINE, Calif., June 28, 2023 (GLOBE NEWSWIRE) -- Petalfast , a route-through-market platform for the cannabis industry, announced its partnerships with Ciencia Labs , Hello Again and VetCBD .
  • The brands join a growing portfolio represented by Petalfast throughout California and expand its breadth of high-quality cannabis products offered nationwide.
  • “The California cannabis market is fiercely competitive – that’s why we choose to exclusively partner with brands we know can stand out from the pack,” said Jason Vegostky, CEO of Petalfast.
  • “We are proud to work with the teams at Ciencia Labs, VetCBD and Hello Again and look forward to widening their reach through new distribution channels, while also diversifying the offerings for Petalfast’s valued retail partners.

Petalfast Launches Second Selling Division to Service Increased Demand in California Cannabis Market

Retrieved on: 
Tuesday, May 16, 2023

IRVINE, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Petalfast , a route-through-market platform for the cannabis industry, announced the launch of its second selling division in California to service heightened demand in the state’s market.

Key Points: 
  • IRVINE, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Petalfast , a route-through-market platform for the cannabis industry, announced the launch of its second selling division in California to service heightened demand in the state’s market.
  • Petalfast’s expansion is a representation of the increased need for a national distribution partner, as many cannabis brands shift from a one-state to a multistate approach.
  • The Company expects to launch its new, twelve-person selling division in California this summer, while continuing to add more premium brands to its portfolio across the country.
  • “In order to scale and attract industry-leading brands, we are excited to implement our second selling division,” said Jason Vegotsky, CEO of Petalfast.

22nd Century Group (Nasdaq: XXII) Reports First Quarter 2023 Financial Results, Introduces 2023 Full Year Revenue Outlook

Retrieved on: 
Tuesday, May 9, 2023

We again reported record cannabinoid ingredient volumes delivered in the first quarter, a trend we expect to further increase throughout 2023.

Key Points: 
  • We again reported record cannabinoid ingredient volumes delivered in the first quarter, a trend we expect to further increase throughout 2023.
  • “We believe 22nd Century is poised for phenomenal growth this year in both our tobacco and hemp/cannabis businesses.
  • Operating loss for the first quarter of 2023 was $17.8 million, compared to $8.1 million in the prior year period.
  • During the webcast, James A. Mish, chief executive officer of 22nd Century Group, John Miller, president of 22nd Century’s tobacco business, and Hugh Kinsman, chief financial officer, will provide an update on the Company.

22nd Century Group (XXII) Announces Strategic License, Manufacturing and Distribution Agreement with Old Pal

Retrieved on: 
Tuesday, May 2, 2023

BUFFALO, N.Y., May 02, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII), a leading biotechnology company dedicated to improving health with reduced nicotine tobacco, hemp/cannabis and hops advanced plant technologies, today announced its second exclusive license, manufacturing and distribution agreement (the “Agreement”) in the hemp/cannabis industry, signed with Old Pal, LLC, a widely recognized consumer hemp/cannabis company started in California and now operating in eight states.

Key Points: 
  • “Old Pal is the second leading consumer hemp/cannabis brand to adopt 22nd Century’s innovative strategic license, manufacturing and distribution agreement.
  • Initially launched in California in 2018, Old Pal quickly gained recognition for its nostalgic branding.
  • The exclusive license with 22nd Century covers Old Pal branded non-Delta-9 THC, hemp derived cannabinoid consumer products and accessories.
  • Similar to 22nd Century’s first single-source integrated production, sales and distribution agreement in hemp/cannabis, signed with Cookies, the Old Pal agreement will leverage 22nd Century’s industry leading formulation, ingredient and manufacturing infrastructure plus the Company’s turn-key sales and distribution platform for alternative consumer products in a complete go-to-market solution.