News

LOS ANGELES–(BUSINESS WIRE)–Xtraction Services Holding Corp., (“Xtraction Services”, “XS” or the “Company“) (CSE:XS), a fast growing provider of equipment leasing solutions to owner/operators of cannabis and hemp companies in the United States, announced today that the Company has amended its existing Lease Agreement (“Agreement’), with Puritix, LLC (“Puritix”, managed by Holistic Health, operating out of…

Stem Holdings, Inc. Taps Former Hain Celestial Group, Executive as Executive Vice President & Chief Operating Officer to Drive Strategic Growth Initiatives

BOCA RATON, Fla.–(BUSINESS WIRE)–Stem Holdings, Inc. (OTCQX: STMH CSE: STEM), (the “Company” or “Stem”), a leading vertically-integrated cannabis company with state-of-the-art cultivation, processing, extraction, distribution, and retail, and operations, is pleased to announce the appointment of Ellen B. Deutsch as Executive Vice President and Chief Operating Officer. Ms. Deutsch will oversee all the operations for…

Goldfinch Bio Announces Licensing Agreement with Takeda for CB1 Monoclonal Antibody for the Treatment of Rare and Metabolic Kidney Diseases

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Goldfinch Bio, a U.S.-based, clinical stage biotechnology company focused on discovering and developing precision medicines for the treatment of kidney diseases, today announced it entered into a license agreement with Takeda Pharmaceutical Company Limited (“Takeda”) for worldwide rights to a preclinical, peripherally-restricted cannabinoid receptor 1 (CB1) monoclonal antibody. Goldfinch Bio will assume all…

POSaBIT Announces Normal Course Issuer Bid

TORONTO–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT) (“POSaBIT” or the “Company”) announces its intention to commence a normal course issuer bid (“NCIB” or the “Bid”) to purchase an aggregate of up to 4,143,739 common shares of the Company (the “Shares”), representing 5% of the issued and outstanding Shares. POSaBIT is commencing the Bid because it believes…

Stem Holdings, Inc. to Present at the Canaccord Genuity U.S. Cannabis Symposium

BOCA RATON, Fla.–(BUSINESS WIRE)–Stem Holdings, Inc. (OTCQB: STMH) (CSE: STEM) (the “Company” or “Stem”) is pleased to announce that Chief Executive Officer Adam Berk will present and participate in one-on-one meetings at the Canaccord Genuity U.S. Cannabis Symposium on Thursday, October 3, 2019 at 2:10 p.m. ET in Toronto. The presentation will be available on…

Glass House Group to Present at Canaccord Genuity’s US Cannabis Symposium

LOS ANGELES–(BUSINESS WIRE)–Glass House Group, one of the fastest-growing, privately held, vertically integrated cannabis and hemp companies in the U.S., announced that its CEO Kyle Kazan, Chief Investment Officer (CIO) Jared Cohen, President of Glass House Farms Graham Farrar (bios below) will present at Canaccord Genuity‘s US Cannabis Symposium in Toronto on Thursday, Oct. 3,…

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Sundial Growers Inc.

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming November 25, 2019 deadline to file a lead plaintiff motion in the class action filed on behalf of Sundial Growers Inc. (“Sundial” or the “Company”) (NASDAQ: SNDL) investors who acquired securities pursuant and/or traceable to the registration statement and related prospectus (collectively,…

U.S. Federal Cannabis Legalization Could Be Worth $128.8 Billion in Taxes and 1.6 Million Jobs

WASHINGTON–(BUSINESS WIRE)–New Frontier Data, the authority in data, analytics and business intelligence for the global cannabis industry, releases its new study Cannabis In the U.S. Economy: Jobs, Growth and Tax Revenue, 2019 Edition. The report looks at the current state of legal cannabis jobs and tax revenues and projects the impact that full federal legalization…

Leaf Traders’ Online Portal is Hosting Michigan’s Cannabis Community Awards Nominations and Voting

DETROIT–(BUSINESS WIRE)–Leaf Traders is taking nominations and tabulating the vote count for the Michigan Cannabis Community Awards. The winners of four distinct categories (business, industry, government, and all-around) will be recognized at a special reception Oct. 11 at the Crown Plaza, culminating the first day of events of the Michigan Commercial Cannabis Conference & Expo,…

Zoned Properties Selected for Best 50 Companies to Watch 2019 by the Silicon Review

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Zoned Properties®, Inc. (OTCQX: ZDPY), a strategic real estate development firm whose primary mission is to provide real estate and sustainability services for the regulated cannabis industry, positioning the company for property acquisitions and revenue growth, today announced Zoned Properties has been selected for the Best 50 Companies to Watch 2019 by the…

TILT Holdings Announces Forfeiture of 60 Million Stock Options from Founders

CAMBRIDGE, Mass.–(BUSINESS WIRE)–TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a foundational technology cannabis platform comprised of assets to support brands worldwide, announced today that the Company has negotiated an agreement with six of its remaining founders regarding the immediate forfeiture of all 60,217,088 stock options granted at the time of the…

Advanced Brain Monitoring Hits the Road with Cannabis Impairment Detection!

CARLSBAD, Calif.–(BUSINESS WIRE)–Advanced Brain Monitoring, Inc. (ABM), a neuro-diagnostic device company specializing in acquisition and analysis of brain activity (EEG) during wake and sleep, announced $1.5 million awarded by the National Institute on Drug Abuse (NIDA) to develop and validate the Cannabis Impairment Detection Application (CIDA), a fieldable, easily-applied system to generate a cannabis-related impairment…