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1933 Industries To Start Cultivation Operations In Las Vegas
Friday, July 19, 2019 - 10:33am | 359Cannabis company 1933 Industries Inc. (OTC: TGIFF) announced Friday that it has obtained both Clark County and Nevada Department of Taxation final approvals for transferring its cultivation licenses to a new facility in Las Vegas. These approvals enable the company to start transferring...
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Namaste Technologies Reports $63.3M In Positive Working Capital
Friday, July 19, 2019 - 9:54am | 330Canadian cannabis technology and e-commerce company Namaste Technologies Inc (OTC: NXTTF) released its financial report Thursday for the second quarter of 2019. The company reported consolidated revenue of CA$4 million versus CA$4.1 million in the same quarter of 2018. The gross...
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MediPharm Labs To Uplist To Toronto Stock Exchange
Thursday, July 18, 2019 - 11:40am | 259MediPharm Labs Corp. (OTC: MEDIF), a company that specializes in research-driven cannabis extraction and cannabinoid isolation, announced Thursday that is has gained conditional authorization to uplist from the Toronto Venture Exchange to the Toronto Stock Exchange, where it will list...
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Halo Labs To List On OTC Market Cannabis Index
Thursday, July 18, 2019 - 10:52am | 277Cannabis extraction company Halo Labs Inc. (OTC: AGEEF) (NEO: HALO) announced Thursday that its stock is joining the OTC Market Cannabis Index under the ticker symbol ".OTCQXMJ." Halo Labs produces cannabis oils and concentrates, operating in California and Oregon, and in Nevada...
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Neptune Wellness Says $41.4M Private Placement Will Help Finance M&A Deals
Thursday, July 18, 2019 - 10:00am | 355Cannabis company Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) said Thursday it has completed a private placement delivering gross proceeds to the company of $41.4 million. Both existing and new institutional investors participated, led by Perceptive Advisors. Neptune CEO and President...
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TriGrow Launches Capital Product To Fund Client Growth Efforts
Wednesday, July 17, 2019 - 2:39pm | 342The cultivation solutions brand TriGrow is launching its own financial growth division, TriGrow Capital. The new TriGrow division aims to help operators finance growth using capital and tech resources. "The new venture aims to solve some of the funding and growth challenges unique to the...
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Supreme Cannabis Announces Plans To Acquire Truverra, Expand Reach In Canada, Europe
Wednesday, July 17, 2019 - 12:50pm | 325The Supreme Cannabis Company, Inc. (TSX: FIRE) is readying itself for Canada's "legalization 2.0" by entering into a definitive agreement with the private company Truverra Inc. The deal is expected to be valued at around CA$20 million ($15.3 million). Why It Matters The...
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'Algorithms Manage Everything': One Israeli Company's Mission To Make Marijuana Growing Effortless
Wednesday, July 17, 2019 - 12:30pm | 911The state-by-state legalization of cannabis has made thousands of strains legally available. Many cannabis users still find growing their own weed appealing — and others may have the need to grow cannabis due to a lack of nearby dispensaries. Cannabis cultivation is a meticulous process that...
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Tökr Receives $1M Investment From Merida Capital Partners
Wednesday, July 17, 2019 - 10:41am | 299Cannabis e-commerce platform tökr announced Wednesday that it has obtained super seed funding led by Merida Capital Partners’ investment of $1 million. Merida is a private equity investment firm that focuses on cannabis-related companies. The capital obtained will be used to expand...
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Greenbox And The Power Of Cannabis-Dispensing Robots
Wednesday, July 17, 2019 - 9:34am | 838Powered by an interactive touch screen, Greenbox’s robots dispense multiple types and strains of cannabis products, from edibles to flower to CBD, in one transaction. The robots actively monitor the temperature and shelf life of each product and perform automated analysis of purchasing trends...
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JJ O'Brien Of PAX Labs Talks Cannabis Partners, Brand Heritage, E-Cig Lessons
Tuesday, July 16, 2019 - 3:20pm | 754Pax Labs is one of the cannabis industry's longest-running brands. The vaporizer company began with dry flower and expanded to oil cartridges as market demand shifted. The introduction of its Pax Era device in 2016 served as the company's entrance into a burgeoning sector. It...
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United Cannabis Announces CBD Oil Contract Worth Up To $42M
Tuesday, July 16, 2019 - 2:34pm | 281United Cannabis Corporation (OTC: CNAB) announced Tuesday that it has been contracted to supply a single customer with its hemp-derived CBD isolate oil for 100 weeks. The market value of the contract is from $30 to $42 million, United said. This is the company’s second material agreement...
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Tilt Holdings Reports $125M Convertible Note Financing
Tuesday, July 16, 2019 - 12:40pm | 278Vertically integrated infrastructure and cannabis company TILT Holdings Inc (OTC: SVVTF) (CSE: TILT) said Tuesday that it has signed a binding term sheet for a private placement of $125 million from a group of institutional investors led by the investment firm UCP. UCP is based in Toronto...
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European Cannabis M&A: EMMAC Life Sciences Acquires Terra Verde
Tuesday, July 16, 2019 - 11:27am | 293British medical cannabis and wellness company EMMAC Life Sciences announced Tuesday that it has acquired 100% of the Portuguese genetics and cultivation company Terra Verde. The deal makes EMMAC the largest vertically integrated cannabis company in Europe, according to the company,...
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Meet The Cannabis Extracts Company Giving Farmers 70% Profit On Trim
Tuesday, July 16, 2019 - 9:00am | 918Sisu Extracts is one the biggest cannabis extraction companies you've probably never heard of. This lack of name recognition is not a result of failure. In the Golden State, Sisu Extracts is a powerhouse for distillates and other extracts. If you've ever used a vape pen in California, there...