Press Releases

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


Halo Labs Reports Q3 2019 Earnings

Halo Labs Inc. today announced its financial and operational results for the third quarter ended September 30, 2019. For the three months ended September 30, 2019, the Company’s gross profit and gross margin were $2.9 million and 41% respectively, representing record quarterly results since the Company’s inception.

BevCanna to Acquire California Cold-Pressed Juice Company Little West

Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. announced that it has signed a non-binding Letter of Intent to acquire West Coast cold-pressed juice company, Little West Holdings LLC.

Cresco Labs and Origin House Announce Amendment to Arrangement Agreement

Cresco Labs Inc. and CannaRoyalty Corp. today announced that, in connection with the previously announced plan of arrangement pursuant to which Cresco Labs will acquire all of the issued and outstanding shares of Origin House in an all-stock transaction, the parties have agreed to an amendment to the arrangement agreement dated April 1, 2019 to provide for certain changes.

MedMen Enterprises Opens 8th Florida Location

MedMen Enterprises Inc., a leading cannabis retailer with operations across the U.S., announces the opening of its latest Florida location in the city of Sarasota. This is the eighth of 12 locations MedMen plans to open in Florida this calendar year.

Columbia Care to Acquire The Green Solution

Columbia Care Inc., one of the largest fully integrated operators in the global cannabis industry with licenses across the US and EU, today announced that it has entered into a definitive agreement to acquire The Green Solution, the largest vertically integrated cannabis operator in the State of Colorado, through a transaction initially valued at approximately $140M.

Liberty Health Sciences Reports 2020 Second Quarter Financial Results

Liberty Health Sciences Inc., a provider of high quality cannabis, announced its financial results for the second quarter ended August 31, 2019. Consolidated net sales for the quarter ended August 31, 2019 were $10,627,656, compared with $2,219,290 for the quarter ended August 31, 2018.

Sproutly Announces 2020 Second Quarter Financial Results

Sproutly Canada, Inc. today announced the Company’s financial results for the second quarter ended August 31, 2019.

Ceria Brewing Company to Launch New THC-and CBD-Infused IPA

The latest brewing innovation from CERIA Brewing Company is a new dealcoholized THC-CBD infused India Pale Ale (IPA), set for launch at licensed dispensaries in Colorado in mid-November and California in December.

Nuka Enterprises Raises $18 Million, Introduces New Product

1906, one of the most recognized and fastest-growing brands in cannabis today, announced that it closed $18 million in its most recent capital raise. The round was led by Navy Capital.

Abacus Health Products Announces Partnership with Gillette Stadium and Patriot Place

Abacus Health Products, maker of CBDMEDIC, today announced a partnership with Gillette Stadium and Patriot Place. The deal includes CBDMEDIC branding outside the stadium and throughout Patriot Place.