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

ACS Laboratory Launches Tested Safe Certified Seal Program

ACS Laboratory, the largest state-of-the-art testing facility in cannabis and hemp testing in the eastern U.S., is pleased to launch its proprietary and trademarked Tested Safe Certified Seal program, which is endorsed by the American Cannabinoid Association.

AFC Gamma Provides DMA Holdings With $19.75 Million Senior Secured Credit Facility to Fund Its Massachusetts Expansion

AFC Gamma, Inc. today announced it has provided a credit facility of $19.75 million to DMA Holdings MA, LLC, a single-state Massachusetts operator. The credit facility is designed to provide DMA with the capital necessary to purchase and expand its Tier 6 cultivation license, as well as complete the buildout of its processing facility and dispensary in Dudley, Massachusetts.

The Parent Company Expands Product Portfolio with Launch of 'Well by Caliva' Lotions and Tinctures

PCO Holding Corp., California's leading vertically-integrated cannabis company, announces the launch of a new line of wellness products, Well by Caliva. The line offers lotions and tinctures in three categories - Well Balanced, Well Rested and Well Relieved - allowing consumers to pick the products that best cater to their needs.

Springbig Launches Cannabis Retail, Loyalty and Digital Communications Platform

springbig, the leading provider in cannabis text message marketing, consumer mobile app experiences, and omnichannel loyalty programs, today launched re:source - digital connection, the company’s first mobile app that consolidates consumers’ dispensary communications, shopping carts, store promotions and loyalty rewards in one seamless platform.

California Cannabis Wholesaler Nabis Expands Southern California Capacity to Meet Growing Demand

Nabis, California's leading licensed cannabis wholesale marketplace, today announced a 150% increase in its Southern California distribution capabilities to meet the industry's surging demand for compliant, rapid wholesale delivery service.

TerrAscend Increases Ownership of New Jersey License Ahead of Adult-Use Rollout

TerrAscend Corp., a leading North American cannabis operator, today announced it has completed the acquisition of an additional 12.5% of the issued and outstanding equity of TerrAscend NJ, LLC from BWH NJ, LLC and Blue Marble Ventures, LLC, for an initial cash payment of $25 million with an additional $25 million payment comprised of a combination of cash and TerrAscend common shares.

SOL Global CEO Acquires Stock to Increase Personal Holding to 10%

Andrew DeFrancesco, Chief Executive Officer of SOL Global Investments Corp., announces that on August 18, 2021, he acquired ownership of 330,700 common shares in the capital of SOL Global on the Canadian Securities Exchange at an average price of CAD$3.5926 per Common Share and an additional 300,000 Common Shares from one arm’s length vendor in a private transaction.

Cansortium Opens New Dispensary in Mechanicsburg, Pennsylvania

Cansortium Inc., a vertically-integrated cannabis company operating under the Fluent™ brand, today announced the opening of Fluent Mechanicsburg, the Company's 2nd retail location in Pennsylvania and its 28th dispensary overall.

Harvest of Ohio Opens Medical Dispensary in Columbus

Harvest of Ohio, LLC, ("Harvest of Ohio"), the first female minority-led, vertically-integrated cannabis operator in Ohio, today announced the upcoming grand opening on Sunday, August 22nd of their new medical dispensary in Columbus, Ohio.

Republic National Distributing Company to Distribute CBD Drinks from Oh Hi Beverages

Republic National Distributing Company announced last week the addition of Oh Hi CBD drinks to its portfolio that will take place in mid-August. This partnership will add seven states— Alaska, Colorado, Florida, New Mexico, Oklahoma, Oregon and Texas to Oh Hi’s distribution footprint. 

© 2020 THCNET®. All rights reserved.