Press Releases

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


Brandy’s Canna Butter Delites to Sell CBD-Infused Baked Goods at New Café

Chicago, Illinois-based CBD company Brandy’s Canna Butter Delites today announced that its line of CBD-infused baked goods will be available for purchase at the company’s new café, which is set to open in late September.

Charlotte’s Web Completes Acquisition of Abacus Health Products

Charlotte's Web Holdings, Inc. the company behind the world's most trusted hemp extract, and Abacus Health Products, Inc. a leader in over-the-counter topical products combining active pharmaceutical ingredients with hemp extract, are pleased to announce that they have completed the previously-announced plan of arrangement.

Red White & Bloom Brands Closes Agreement With Hightimes Holding Corp.

Red White & Bloom Brands Inc. is pleased to announce that it has closed the previously announced Definitive Agreement to acquire the licensing rights for the branding of High Times® dispensaries and High Times cannabis-based CBD and THC products in the States of Michigan, Illinois and Florida and branding of High Times hemp derived CBD products nationally in the U.S. carrying the Culture brand.

Cresco Labs Announces Appointment of National Basketball Players Association Executive Director Michele Roberts to Board

Cresco Labs, one of the largest vertically integrated multistate cannabis operators in the United States, announced that it has welcomed current Executive Director of the National Basketball Players Association (“NBPA”), Michele Roberts, to its board of directors, effective immediately.

Vireo Health Terminates Employment Agreement with Executive Chairman Bruce Linton

Vireo Health International, Inc., a leading physician-led, science-focused, multi-state cannabis company, today announced that the Company has elected to terminate its employment agreement with Bruce Linton as Executive Chairman, on an entirely without-cause basis, effective immediately.

Resource Innovation Institute Partners with Berkeley Cannabis Research Center and New Frontier Data to Study Water Usage

s cannabis and hemp regulation expands globally, its impact on water resources is relatively unknown. However, a partnership between Resource Innovation Institute, the Berkeley Cannabis Research Center and New Frontier Data will change that. The three organizations will publish The Cannabis Water Report in late 2020.

Cresco Labs Announces Opening of the First Adult-use Dispensary in Downtown Chicago

Cresco Labs, one of the largest vertically integrated multistate cannabis operators in the United States, announced today the opening of Sunnyside River North, the first Illinois adult-use dispensary in Chicago located at 436 N. Clark Street in the prestigious River North neighborhood.

Village Farms International Receives Cannabis Cultivation Sales License From Health Canada

Village Farms International, Inc. today announced that its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has received from Health Canada its cannabis cultivation sales license based on an initial production area within its second 1.1 million square foot greenhouse facility in Delta, British Columbia.

Ascend Wellness to Acquire New Jersey-Based Greenleaf Compassion Center

AWH, a multi-state, vertically integrated cannabis operator, today announced it has signed a definitive agreement to acquire Northern New Jersey based Greenleaf Compassion Center, a vertically integrated Cannabis company that holds one of the original six medical licenses in New Jersey. The deal is subject to regulatory approval by the state's Department of Health.

Green Growth Brands Files For Insolvency Protection

Green Growth Brands Inc announced today that it and certain of its direct and indirect wholly owned subsidiaries have filed for insolvency protection under the Companies’ Creditors Arrangement Act (Canada) (CCAA) and obtained an order from the Ontario Superior Court of Justice granting the Applicants protection under the CCAA.

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