Press Releases

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


Speakeasy Cannabis Club Closes $1.3 Million Private Placement

SpeakEasy Cannabis Club Ltd. (CSE: EASY) (Frankfurt: 39H) (the "Company" or "SpeakEasy") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement") for aggregate gross proceeds of $1,315,000.  The Private Placement consisted of the issuance of 3,287,500 units of the Company (the "Units") at a price of $0.40 per Unit.

Canopy Growth Corporation Provides Update on 2.0 Product Rollout

Canopy Growth Corporation officially revealed its Cannabis 2.0 portfolio of products last week, set to come to market as part of the second wave of Canadian cannabis commercialization

Vertosa Raises $6 Million in Seed Funding

Vertosa, an innovative cannabis technology company providing customized emulsion systems for infused products, today announced it has closed a $6 million Series Seed Funding Round co-led by the California-based AFI Capital Partners and the New York-based Welcan Capital.

Columbia Care Awarded First Adult Use Cannabis Retail License in Illinois

Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest fully integrated operators in the global medical cannabis industry with licenses across the US and EU, today announced its first adult use cannabis retail license approval by the State of Illinois.

Aurora Cannabis Opens Experiential Flagship Store in North America's Largest Mall

Aurora Cannabis Inc., the Canadian company defining the future of cannabis worldwide, today announced the grand opening of its flagship retail store at 10:00 a.m. MT on November 27th in the West Edmonton Mall, North America's largest mall.

Flower One Partners with Kiva Confections

Flower One Holdings Inc. -- Nevada's leading cannabis cultivator, producer, and full-service brand fulfillment partner – today announces its brand partnership with California-born Kiva Confections, bringing their industry-leading, premium cannabis confections to the Nevada market.

Cresco Labs Reports Q3 Earnings Results

Cresco Labs Inc. one of the largest vertically integrated multistate cannabis operators in the United States, today released its unaudited financial results for the third quarter ended September 30, 2019.

Halo Labs Announces Planned Purchase of Mendo Distribution and Transportation

Halo Labs Inc. is pleased to announce it has executed on an Agreement and Plan of Merger and Reorganization with the sole member of Mendo Distribution and Transportation, LLC, pursuant to which a subsidiary of Halo will merge with and into MDT.

Ceria Brewing Announces California Launch

California is the next recreationally legalized state being targeted for Colorado-based CERIA Brewing Company's line of THC- and THC/CBD-infused dealcoholized craft beers. In January 2020, the company plans to introduce to the Golden State its Grainwave Belgian Style White Ale infused with 5 mg. of THC, and its newest entry, Indiewave, an IPA Style infused with 10 mg. of THC and 10 mg. of CBD.

Sunniva Announces Resignation Of President

Sunniva Inc. a North American provider of cannabis products and services, announces that for personal reasons, Kevin Wilkerson has resigned from his position of President of the Company and from the position of President and Chief Executive Officer of Sun CA Holdings, Inc., the Company's main US subsidiary, effective December 2, 2019.