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

Ayr Strategies Inks $81 Million Deal to Acquire Oasis-Branded Dispensaries in Arizona

Ayr Strategies (CSE: AYR.A, OTCQX: AYRSF, “Ayr” or “the Company”), a leading vertically integrated cannabis multi-state operator, today announced an agreement to acquire a vertically integrated operation in Arizona, including cultivation and processing facilities and three licensed dispensaries, expanding the Company’s activities to five key states.

Meta Growth Announces Opening of New Cannabis Retail Store

Meta Growth Corp., a leading Canadian recreational cannabis retailer, today announced the opening of a Meta Cannabis Co. branded store at 85 Ellesmere Road in the high traffic destination Parkway Mall complex in Scarborough, Ontario

TerrAscend Announces Appointment of Ed Schutter to Board of Directors

TerrAscend Corp., a leading North American cannabis operator, today announced the appointment of Ed Schutter to its Board of Directors. Mr. Schutter is a seasoned executive with over thirty years of pharmaceutical industry experience. He currently serves as Chief Executive Officer of Arbor Pharmaceuticals, an Atlanta, Georgia based specialty pharmaceutical company.

Fire & Flower to Acquire Friendly Stranger Holdings

Fire & Flower Holdings Corp. and its wholly-owned subsidiary Fire & Flower Inc. today announced that it has entered into a definitive share purchase agreement that will result in the Company acquiring all of the issued and outstanding shares of Friendly Stranger Holdings Corp. which, at closing, is expected to own and operate 11 licensed cannabis retail stores across the province of Ontario

1933 Industries Raises $696,000

1933 Industries Inc., a vertically-integrated cannabis consumer packaged goods company, is pleased to announce that it will close a non-brokered private placement financing on November 3, 2020. The Offering will consist of the issuance of 13,920,000 Units at a price of $0.05, for gross proceeds of $696,000.

Harvest Health & Recreation Inc. Announces Settlement With Devine Hunter Inc.

Harvest Health & Recreation Inc., a vertically integrated cannabis company and multi-state operator in the U.S., is pleased to announce the settlement of its dispute with Devine Hunter Inc. and its affiliates on mutually agreeable terms. 

MedMen Announces Increased Financing Commitment

MedMen Enterprises Inc., a leading cannabis retailer with operations across the U.S., today announced the financing commitment previously announced on September 16, 2020, was increased from US$20,700,000 to US$25,705,279 as a result of an upsizing of the senior secured term loan led by Stable Road Capital.

Wana Brands Announces Key Promotions

Wana Brands has promoted Stephanie Daley to serve as Vice President of Market Expansion and Mike Hennesy to serve as Vice President of Innovation. Daley and Hennesy report to CEO Nancy Whiteman and are based out of Wana’s headquarters in Boulder. 

Eve & Co. Launches Cannabis-Infused Bath Bombs

Eve & Co Incorporated is pleased to announce that its wholly-owned subsidiary, Natural MedCo Ltd., successfully shipped its first order of cannabis-infused bath bombs to the Newfoundland and Labrador Liquor Corporation on October 30, 2020, launching Eve & Co’s first female-focussed cannabis 2.0 product to market.

Akerna Closes $12 Million Public Offering

Akerna Corp., a leading compliance technology provider and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology, today announced it has closed a public offering of 5,000,000 shares of its common stock at a public offering price of $2.40 per share.

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