Press Releases

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


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.

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 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

Tilray Expands Global Leadership Team with New COO and CFO

Tilray, Inc. (NASDAQ: TLRY), a global pioneer in cannabis production, research, cultivation, and distribution, announces the expansion of its global senior leadership team with two strategic hires: Jon Levin as Chief Operating Officer, who was formerly with Revlon, and Michael Kruteck as Chief Financial Officer, who was formerly with Molson Coors and Pharmaca.

Aphria Inc. Reports Q2 Fiscal 2020 Results

Aphria Inc. today reported its results for the second quarter ended November 30, 2019. All amounts are expressed in thousands of Canadian dollars, unless otherwise noted and except for per gram, kilogram, kilogram equivalents, and per share amounts. The Company also announced that Irwin D. Simon, will officially remove “interim” from his title, effective today.

The Arcview Group Hires Cannabis Entrepreneur Kimberly Kovacs as President

The Arcview Group today announced the hiring of cannabis entrepreneur Kimberly Kovacs as its new President. Kimberly has over 20 years of executive leadership and experience across technology services and investment companies. As the founder and CEO of MyJane, Kim built a cannabis wellness technology platform which was acquired in January of 2019 by Manifest 7.

Halo Labs Expands Presence on Eaze Online Cannabis Marketplace

Halo Labs Inc. is pleased to announce it is expanding its offering on the leading online cannabis marketplace Eaze, to include the Hush product line.

Supreme Cannabis Announces Leadership Transition

The Supreme Cannabis Company, Inc. announced today its Board of Directors has named Colin Moore, Director of the Company and former President of Starbucks Coffee Canada, as Interim President and Chief Executive Officer, effective immediately. Mr. Moore succeeds Navdeep Dhaliwal, who has departed the Company.

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