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

Joe Caltabiano Resigns as President of Cresco Labs

Joe Caltabiano has announced his resignation as president of Cresco Labs. He intends to continue his role on Cresco’s Board of Directors.

Medicine Man Technologies Announces Departure of President and Vice Chairman

Medicine Man Technologies Inc. announced today that Andy Williams, president and vice chairman of the Board, has decided to leave the Company to focus on cannabis medical and genetic research, along with pursuing new opportunities in the cannabis industry.

Cresco Labs Announces the Opening of its First Four Sunnyside Dispensaries in New York

Cresco Labs, one of the largest vertically integrated multistate cannabis operators in the United States, announced today the conversion of four dispensaries to Cresco’s nationwide retail brand, Sunnyside*, in the Williamsburg neighborhood in Brooklyn, Huntington Station, New Hartford and Bardonia, New York.

Aurora Cannabis Announces Appointment of Two New Independent Directors

Aurora Cannabis Inc., the Canadian company defining the future of cannabis worldwide, today appointed two new independent directors, Lance Friedmann and Michael Detlefsen (together the "New Directors"). The New Directors term begins immediately.

Aurora Cannabis Announces CEO Retirement and Succession, Board of Directors Expansion, and Business Transformation Plan

Aurora Cannabis Inc., the Canadian company defining the future of cannabis worldwide, today announced a CEO succession and Board expansion; the latter of which is detailed in a separate announcement released this afternoon. The Company also announced a business transformation plan that better aligns SG&A expenses, and capital expenditures with current market conditions.

Cresco Labs Launches Mindy’s Edibles in California

Focused on elevating the edibles industry and bringing greater access to acclaimed chef-driven products that deliver an exceptionally delicious and consistent experience, Cresco Labs, one of the largest vertically integrated multistate cannabis operators in the United States, announced today the expansion of Mindy’s Edibles to California.

Sundial Growers Inc. Announces Departure of CEO and Leadership Changes

Sundial Growers Inc. announces certain changes to its executive team and board of directors as described below. Torsten Kuenzlen has resigned as the Company's Chief Executive Officer and will step down as a director, effective immediately, to pursue other interests.

TerrAscend Announces Leadership Changes and Appoints Jason Ackerman Interim CEO

TerrAscend Corp., he first and only global cannabis company licensed for sales in the U.S., Canada, and the EU, today announced changes to its leadership team. Jason Ackerman, Executive Chairman of the Company, has been named interim CEO, replacing Michael Nashat, who will continue to serve as a member of the Company’s Board of Directors and act as a strategic advisor to the Company.

TerrAscend Terminates Acquisition of Gravitas Nevada

TerrAscend Corp., the first and only global cannabis company licensed for sales in Canada, the U.S., and the EU, today announced the termination of the Securities Purchase Agreement pursuant to which TerrAscend would have acquired all of the issued and outstanding equity interests of Gravitas Nevada Ltd., a vertically-integrated cannabis business in Nevada.

Kiva Confections Debuts CBN-Infused Edible

Kiva Confections, the market leader in premium, cannabis-infused edibles, announced today the introduction of CBN in their first product as part of their Camino gummy range

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