PRESS RELEASE Over half of CBD users report drastic drops in prescription anxiety, antidepressants, pain relief medications Over 20% consuming alcohol less frequently since adopting CBD Chicago – Booming interest in products containing cannabidiol (CBD), a therapeutic chemical compound found in cannabis, has resulted in over half of CBD users consuming less prescription and over-the-counter […]
Press Releases
For 2nd year in a row, Leading Cannabis Edibles Producer Wana Brands appears on the Inc. 5000
PRESS RELEASE Boulder, Colo. (August 14, 2019) – Wana Brands has once again ranked on the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The company has earned the rank of #1536 and comes in #9 for companies based in Boulder. “There is a perception that the cannabis industry […]
Tilray, Inc. Reports Second Quarter 2019 Financial Results
PRESS RELEASE Revenue Rises 371.1% to $45.9 (C$60.9) Million in the Second Quarter Compared to the Prior Year Period Canadian Adult-Use Revenue Nearly Doubles to $15.0 (C$20.0) Million Compared to Prior Quarter Key Investments Made in Europe and the U.S. as Part of Ongoing Focus on Global Expansion NANAIMO, BRITISH COLUMBIA – Tilray, Inc. (“Tilray” or […]
LAVVAN Appoints Neil Closner as Chief Executive Officer
PRESS RELEASE Former MedReleaf executive team joins Closner in transformative venture to drive cannabinoid fermentation efforts NEW YORK–(BUSINESS WIRE)–LAVVAN Inc. (“LAVVAN”) today announced that Neil Closner, formerly of MedReleaf Corp. (“MedReleaf”), has been appointed its new Chief Executive Officer. Joining Closner are several key members of MedReleaf’s former leadership team who were responsible for its groundbreaking […]
States Stamp Out Smokable Hemp, Consolidate Lobbying and PA Efforts, NIDA Funds MJ& Pregnancy Research, Webinar: Seeds of Change, Security Training
PRESS RELEASE Acquisition Expands Cresco Labs’ Multistate Footprint into Limited License New York Market Projected to Grow to $500 Million by 2022 CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today announced that it has received […]
Columbia Care Reports Second Quarter 2019 Results
PRESS RELEASE Second quarter 2019 revenue of $19.3 million, an increase of 102% over prior year period Expansion of US footprint with launches in California, Florida, Ohio and Puerto Rico, reinforcing organic growth strategy in key markets Launch of the CNC Card, the nation’s first credit card for the cannabis industry NEW YORK–(BUSINESS WIRE)–Columbia Care […]
CANNEX AND 4FRONT COMPLETE MERGER, CREATING 4FRONT VENTURES (NEW TRADING SYMBOL: CSE: FFNT)
PRESS RELEASE 4Front Ventures is built upon battle-tested operating capabilities, experienced and aligned leadership, a strategic, multi-state asset base, and a commitment to being a magnet for talent. VANCOUVER, BC, and PHOENIX, AZ, July 31, 2019 – Cannex Capital Holdings Inc. (CSE: CNNX; OTCQX: CNXXF) (“Cannex”) and 4Front Holdings LLC (“4Front”) announce the closing of […]
VCIA Prepares for Future Expansion of Virginia Cannabis Industry
PRESS RELEASE It’s always an election year in Virginia, and with fewer than 100 days before the November 2019 General Election, there looms a possible change in majority control in the state legislature. Such a shift would have major implications for the future of Virginia’s medical cannabis program, according to VCIA Executive Director Rebecca E. […]
Columbia Care Announces Launch in Puerto Rico with Approval to Begin Vertically Integrated Operations
PRESS RELEASE One of the fastest growing US medical cannabis markets, Puerto Rico has experienced over 180% growth in registered patients since summer 2018 Operations will include 25,000 square foot cultivation and manufacturing facility and three dispensaries, the first of which is scheduled to open in San Juan in early August NEW YORK–(BUSINESS WIRE)–Columbia Care […]
Cresco Labs Ushers in New Era of Cannabis Retail with Launch of Sunnyside*
PRESS RELEASE Dispensary brand provides shopping destination where cannabis meets wellness CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today unveiled Sunnyside*, a new dispensary brand created to accelerate industry growth and shift people’s expectations and […]
Cresco Labs Hires Angie Demchenko as its First Chief People Officer
PRESS RELEASE CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today announced that Angie Demchenko has joined the Company as its first Chief People Officer. Ms. Demchenko most recently served as Vice President, Head of Human […]
Emergency License Suspension Issued for Marijuana Producer Processor, The Evans Group, LLC
PRESS RELEASE OLYMPIA, WA 7/11/19 – The Washington State Liquor and Cannabis Board (WSLCB) Tuesday issued an emergency marijuana producer/processor license suspension of 180 days for The Evans Group, LLC. The Evans Group is also registered under the trade names Evans Cannabis, Olympia Cannabis, Olympia Cannabis, LLC, and Vertigro. The suspension is effective until January […]
Leading Cannabis and Hemp Insurance Underwriter Cannasure Hires Joe Foley as Chief Financial Officer
PRESS RELEASE Foley brings more than 20 years of corporate finance, strategy, and operations experience CLEVELAND — Cannasure Insurance Services (Cannasure), a leading insurance MGA and wholesale broker for the cannabis and hemp industries, announced Thursday that Joe Foley has joined the company as chief financial officer. Foley has more than 20 years of experience as an advisor and […]
California Cannabis Enterprises Announces Financial and Cannabis Industry Veteran and Former CFO of FLRish Inc., the parent company of Harborside Inc., as CFO
PRESS RELEASE Derrek Higgins to Lead California Cannabis Enterprises’ Series A, Drive Financial Performance, Operations and Growth of the Company and Its Subsidiaries, including Glass House Farms, Glass House Brands, Roam Escapes, Retailers The Pottery, Bud & Bloom and Others July 9, 2019 — LOS ANGELES — California Cannabis Enterprises (CCE), a fully vertically integrated […]
Tilray® Expands European Leadership Team with Five Senior Appointments
PRESS RELEASE Top talent from European pharmaceutical and beverage industries join Tilray’s leadership team as company accelerates growth in international markets NANAIMO, B.C – Today, Tilray, Inc. (NASDAQ:TLRY), a global pioneer in cannabis production, research, cultivation and distribution, announces the expansion of its European leadership team with the appointment of Arne Wilkens as Vice President, […]
Columbia Care Announces Statewide Launch in Florida, the Fastest Growing US Medical Cannabis Market, with Grand Opening of First Dispensary
PRESS RELEASE Global Medical cannabis leader expands dispensary footprint to Gainesville, one of Florida’s most densely populated metropolitan areas and provides update on new cultivation and manufacturing facility Gainesville dispensary to provide differentiated product offering with portfolio of proprietary, GMP manufactured pharmaceutical-quality products and provider-based care and educational model designed to deliver optimal patient journey […]
Cresco Labs Adds Amazon and Sears Technology Veteran Mo Dastagir as Chief Information Officer
PRESS RELEASE CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. (“Cresco Labs” or the “Company”) (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today announced that Mo Dastagir has joined the Company as its new Chief Information Officer. Mr. Dastagir succeeds Zach Marburger, who is taking on a new […]
Columbia Care Enters World’s Largest Regulated Cannabis Market with Grand Opening of Flagship Dispensary in San Diego, California
PRESS RELEASE Global medical cannabis leader launches west coast expansion plan in California’s largest, limited license metropolitan market Nationally proven high-touch, provider-based dispensary model and proprietary pharmaceutical-quality products bring novel, impactful and personalized cannabis-based health and wellness solutions to California NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (“Columbia Care”, or the “Company”) (NEO: CCHW, OTC: COLXF), one […]
