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

Sproutly Completes First Tranche of Financing

Sproutly Canada, Inc. is pleased to announce it has closed the first tranche of a financing of up to $2 million. Under the first tranche of the private placement, the Company issued 11,050,000 units of the Company at a price of $0.05 per Unit for gross proceeds of $552,500, with each Unit consisting of one common share and one non-transferable common share purchase warrant.

cbdMD Forms New Subsidiary

cbdMD, Inc. one of the leading, and most highly trusted and recognized cannabidiol (CBD) brands, announced today that it has formed cbdMD Therapeutics LLC, a newly formed wholly-owned subsidiary of the Company for the purposes of isolating and quantifying the Company’s ongoing investments in science related to its existing and future products.

Vertosa Announces Development of Emulsion System for Fast-Acting Cannabis Gummies

A new era for cannabis gummies has arrived. Innovative hemp and cannabis infusion technology company Vertosa, known for infusing over 100 fast-acting hemp and cannabis products on the market, is proud to announce new developments for infusions into the rapidly growing category of cannabis and hemp-CBD gummies.

Curaleaf Appoints Carlos Madrazo as Senior Vice President Investor Relations and Capital Markets

Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading U.S. provider of consumer products in cannabis, today announced that Mr. Carlos Madrazo has been appointed to the role of Senior Vice President of Investor Relations and Capital Markets for Curaleaf, a new position.

TPCO Holding Corp. Reports Fourth Quarter and Full Year 2020 Results

TPCO Holding Corp. formerly Subversive Capital Acquisition Corp., today announced financial results for the fourth quarter and year ended December 31, 2020 along with the filing of its Business Acquisition Report in connection with its Qualifying Transactions in respect of each of CMG Partners, Inc., and Left Coast Ventures., and SISU Extraction LLC completed on January 15, 2021.

Greenrose Acquisition Corp. to Acquire Four Cannabis Companies

Greenrose Acquisition Corp., a special purpose acquisition company targeting companies in the cannabis industry, has entered into definitive agreements to acquire four cannabis companies (The Platform). The companies are Shango Holdings Inc. (Shango), Futureworks LLC (d/b/a The Health Center), Theraplant, LLC, and True Harvest, LLC.

Harvest Health & Recreation Inc. Announces Settlement With Falcon International Corp.

Harvest Health & Recreation Inc., vertically integrated cannabis company and multi-state operator in the U.S., today announced the settlement of its dispute with Falcon International Corp. and its affiliates on mutually agreeable terms.

BevCanna Forms Partnership with Stigma Grow Launch Cannabis-Infused Beverages Across Canada

Diversified health and wellness; beverage and natural products company, BevCanna Enterprises Inc. is pleased to announce that it has formed a partnership with highly-regarded cannabis cultivation and extractions company Stigma Grow o launch the Keef Brands award-winning line of cannabis-infused beverages across Canada, as well as BevCanna’s in-house and white-label client products.

South Dakota Business Owners Form Cannabis Industry Association

A group of business owners, entrepreneurs, and advocates announced the formation of the Cannabis Industry Association of South Dakota, an organization for medical and recreational cannabis businesses as well as ancillary businesses adjacent to the cannabis industry.

Pure Craft CBD Launches Immune Boost Gummies

Pure Craft CBD, which creates some of the purest CBD products on the market, recently launched its groundbreaking CBD Immune Boost Gummies at a time when there are widespread consumer requests for immunity-boosting products.

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