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

Abaca Cannabis Banking Announces Social Equity Grants for Illinois License Holders

Financial services company Abaca announces its social equity grant for Illinois cannabis business license-holders. Under Abaca's Social Equity Grant Program, social equity applicants who have received Illinois cannabis business licenses can qualify for a grant of up to $12,000, which effectively eliminates monthly service fees for cannabis banking services for their first two years.

Glass House Brands Names Joe Aulenta Director of Retail Construction

Glass House Brands Inc., one of the fastest-growing, vertically integrated cannabis and hemp companies in the U.S., today announced the appointment of Joe Aulenta as Director of Retail Construction. In this role, Mr. Aulenta will be responsible for managing the build out of 19 new stores by the end of Q2 2022.

Surfside Raises $4 Million to Build Out Cannabis Data Activation Platform

Surfside, an end-to-end marketing platform turning first party customer data into personalized marketing for the cannabis industry, today announced it has raised $4 million in Seed funding. Casa Verde led the round and Karan Wadhera, the firm's Managing Partner, will join Surfside's Board of Directors.

New Leaf Ventures Launches CBD-Focused Product Sales Online

New Leaf Ventures Inc., a management and investment organization dedicated to evaluating, investing, and accelerating advanced stage operations in the North American Cannabis sector, wishes to advise that its wholly-owned subsidiary, New Leaf USA, Inc. has brought added focus to CBD formulated brand innovation with the launch of https://damalife.com/ for national distribution.

Fire & Flower Enters California Market

Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSX: FAF OTCQX: FFLWF), today announced that its strategic licensing partner, “American Acres Managers” (“American Acres”), has officially changed its name to “Fire & Flower U.S. Holdings” and has opened its first Fire & Flower branded store in Palm Springs, California located at 4810 E Camino Parocela, Palm Springs, California.

Legion of Bloom Opens Indoor Cultivation Facility

The Legion of Bloom (LEGION) — an eco-conscious Northern California cannabis company — is pleased to announce the opening of its indoor cultivation facility, LEGION Cultivation, which was established to demonstrate how indoor cannabis can be grown with a small carbon footprint.

Lift Cannabis-Infused Seltzer Launches in San Diego

Offering a refreshingly new type of buzz in an honest, low-calorie microdosed beverage, Lift Seltzer proudly announces its launch in San Diego. As a microdosed cannabis seltzer, Lift provides a light lift, similar to a beer or glass of wine, but without the alcohol. Each Lift Seltzer contains 2mg THC & 6mg CBD, which allows for quick, uplifting, social buzz. They are available in three flavors: B

Vertosa Issued US Patent

Vertosa, a science-first cannabis company that creates the most effective and reliable active ingredients for infused products, today announced the United States patent for one of its core emulsion formulas.

Canopy Growth Launches Tweed Quickies and Ace Valley Pinners

Canopy Growth Corporation ("Canopy Growth" or "the Company") (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, today announced two new offerings with the launch of Tweed Quickies and Ace Valley Pinners.

JustCBD Names Jon 'Bones' Jones as Ambassador

JustCBD, the industry leader in premium hemp-derived CBD products, today announced a strategic partnership with superstar mixed-martial artist and light heavyweight champion, Jon "Bones" Jones.

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