Nicholas Vita Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Columbia Care Completes Acquisition of Project Cannabis

PRESS RELEASE NEW YORK--(BUSINESS WIRE)--Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) announced that it has completed its acquisition of Project Cannabis, a leading cannabis cultivator, wholesaler and retailer based in Los…

Columbia Care Reports Preliminary First Quarter 2020 Results and Provides Operational Update

PRESS RELEASE Unaudited First Quarter Combined Revenue (1) up 125% Over Prior Year Period and 18% Sequentially Capital Transactions Provide Approximately $45 Million in Liquidity – Additional Transactions Expected to Follow in 2H 2020 NEW YORK--(BUSINESS WIRE)--Columbia Care, Inc. (NEO:…

Agreement to Develop Portfolio of Proprietary, Plant-Based Combination Cannabinoid Functional Health and Wellness Products

August 31, 2019
Press Release
Banking, Finance & Real Estate, Marketing
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PRESS RELEASE Columbia Care partners with FDA approved, GMP certified German developer and manufacturer of ultra-high quality herbal extracts, organic plant-based combination supplements and functional beverages with 75-year history of serving the pharmaceutical and food industries through its well established…

Columbia Care Reports First Quarter 2019, Fourth Quarter and Full Year 2018 Financial Results

May 15, 2019
Press Release
Banking, Finance & Real Estate, Press Releases
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PRESS RELEASE First quarter 2019 revenue increase of 45% over prior yearCompletion of go-public transaction provides capital to fund long-term growth prospectsExpansion of US footprint with 13 lease signings in Florida, dispensary openings in Brooklyn, NY and San Diego, CA,…

Medical marijuana maker: Legalizing recreational use of marijuana in NY is a balancing act

Any day, week or month now, the state Department of Health will tell New Yorkers why it’s recommending marijuana be legal for recreational use. In mid-June, Health Commissioner Dr. Howard Zucker said the pros of marijuana outweigh the cons,said his…