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

Sproutly Completes Financing

Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) (“Sproutly" or the “Company”) is pleased to announce that, further to its news release dated March 15, 2021, it has closed the second and final tranche of its financing.

Green Thumb Industries Announces Launch of Cannabis-Infused Social Tonic Brand Cann in Illinois

Green Thumb Industries Inc., a leading national cannabis consumer packaged goods company and owner of Rise™ Dispensaries, announces the launch of Cann, a leading cannabis-infused beverage brand, in Illinois. Green Thumb and Cann previously announced a partnership to bring the beverage brand to Illinois and New Jersey with plans to expand to additional markets.

Lowell Farms and Ascend Wellness Holdings Announce Strategic Licensing Agreement

Lowell Farms Inc., a California-based vertically-integrated cannabis company, and multi-state, vertically-integrated cannabis operator Ascend Wellness Holdings, LLC are bringing Lowell Farms’ iconic Lowell Smokes brand to AWH retail locations in Massachusetts and Illinois via a strategic licensing agreement.

Truss Beverage Co. Introduces 6 New Products

Just eight months on from the launch of Canada's widest portfolio of cannabis-infused beverages, Truss Beverage Co. is making another splash in the category with the introduction of six new products to its existing brand offering.

Sava and Cann Launch Exclusive Bay Area Partnership

Sava, a cannabis ecommerce marketplace, has partnered with Cann, makers of all natural low-dose social tonics, to release a co-branded limited-edition flavor exclusive to the Bay Area: Lime Basil.

Pure Extracts Commences Initial Production Run of 50,000 Gummie Packs for Provincial Distribution

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased to announce that it has commenced production on approximately 50,000 Pure Chews edible gummie packs.

Cresco Labs Closes Acquisition of Bluma Wellness, Expands Into Florida

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or the “Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products and Bluma Wellness Inc. (“Bluma Wellness”), a vertically integrated operator in Florida, today announced the closing of the Company’s previously announced acquisition of Bluma Wellness.

Jushi Holdings to Purchase Dalitso LLC Location in Virginia for $22 Million

Jushi Holdings Inc., a vertically integrated, multi-state cannabis operator, announced it signed a definitive agreement to purchase the 93,000 sq. ft. facility operated by its wholly-owned subsidiary and Virginia-based pharmaceutical processor, Dalitso LLC, together with approximately nine acres of surrounding land in Prince William County, Virginia, for approximately $22 million.

Canopy Growth Introduces New Quebec-Exclusive Brand, Vert

Canopy Growth Corporation (“Canopy Growth” or the “Company”) TSX:WEED, NASDAQ: CGC), a world-leading diversified cannabis, hemp, and vaporization device company, is announcing the launch of Vert, the Company’s first Quebec-exclusive brand.

Vireo Health Completes Expansion of Cannabis Cultivation Facility in New Mexico

Vireo Health International Inc., the leading physician-founded, science-focused multi-state cannabis company, today announced the completion of a planned expansion of the Company's cultivation and processing facility in New Mexico. The Company also announced that two recently completed retail dispensaries in Albuquerque and Las Cruces are ready to open, pending regulatory approval.

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