Press Releases

Cannabis industry newswire. Please submit your news or press releases to news@thcnet.com.


Caliva Names Former Yahoo CEO Carol Bartz as Board Chair

Carol Bartz, former CEO of Yahoo and Autodesk and former Cisco Board Member has been named Chairman of the Board of Directors of Caliva, one of the largest vertically integrated cannabis companies in California.

Leafly Appoints Former Amazon Executive Tim Leslie as New CEO

Leafly today announced the hiring of Tim Leslie, a 20-year veteran of Amazon, to the role of Chief Executive Officer. As Leafly CEO, Tim will guide the company’s vision and strategy as it continues to expand around the globe.

Ascend Wellness Holdings Raises $55 Million

Ascend Wellness Holdings (AWH), a multi-state, vertically integrated cannabis operator, today announced that the company secured $37 million in a bridge round of preferred equity and $18 million in a senior secured cultivation note.

Caliva Raises $75 Million in Series A Funding Round

Caliva, one of the largest vertically integrated cannabis companies in California, has closed its first round of funding at an over-subscribed amount of $75M.

Ascend Wellness Closes $40 Million Funding Round

Ascend Wellness, a multi-state, vertically-integrated cannabis operator, has announced today the completion of its latest equity fundraising round. The company, which has raised $40M with the completion of this round, has developing licenses in three populous eastern U.S. states: Massachusetts, Michigan and Illinois.

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