News

Innovative Industrial Properties Acquires Illinois Property and Expands Real Estate Partnership with PharmaCann

October 30, 2019

SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on a sale-leaseback transaction with PharmaCann LLC (PharmaCann) for a property located in Dwight, Illinois, which is currently improved with approximately…

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CORRECTING and REPLACING Eureka 93 Inc. Engages Peter Ostapchuk as Senior Financial Advisor

October 30, 2019

TORONTO–(BUSINESS WIRE)–Please replace the release issued October 28, 2019 with the following corrected version due to multiple revisions. The corrected release reads: EUREKA 93 INC. ENGAGES PETER OSTAPCHUK AS SENIOR FINANCIAL ADVISOR Eureka 93 Inc. (CSE: ERKA, “Eureka93”) announced today that the company has engaged Peter Ostapchuk as Senior Financial Advisor, effective October 29, 2019.…

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ETFMG Announces 25-Year ETF Veteran as New Chief Investment Officer

October 30, 2019

SUMMIT, N.J.–(BUSINESS WIRE)–Today, ETF Managers Group (ETFMG) announces Frank Vallario as the new Chief Investment Officer (CIO) and the expansion of their Portfolio Management team with the addition of Sr. Portfolio Manager, Donal Bishnoi, CFA. ETFMG is known for creating innovative, first-to-market, exchange-traded funds that pave the way for global investment themes such as: cannabis,…

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SunFlora Inc. and Your CBD Stores Donate over $25k for Hurricane Relief

October 30, 2019

TAMPA, Fla.–(BUSINESS WIRE)–SunFlora Inc. and Your CBD Stores™ made a generous financial donation to the National Association of the Bahamas’ (NAB) Hurricane Dorian Relief Fund at the Florida International Trade and Cultural Expo (FITCE2019) in Fort Lauderdale, FL. “Giving back to the community is ingrained in our culture,” said Scheril Murray-Powell, In-House counsel for SunFlora…

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Marchex to Report Third Quarter 2019 Results on November 6

October 30, 2019

SEATTLE–(BUSINESS WIRE)–Marchex (NASDAQ:MCHX), a leading provider of call analytics that drive, measure, and convert callers into customers, announced today that it will release financial results for its third quarter 2019, ended September 30, 2019, on November 6, 2019 at approximately 4:20 p.m. ET. At that time, Marchex will post the press release in the Press…

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ManifestSeven Survey Finds Affluent Investors with Cannabis Holdings Confident in Financial Goals

October 30, 2019

LOS ANGELES–(BUSINESS WIRE)–ManifestSeven (formerly MJIC), California’s first integrated omnichannel platform for legal cannabis, today released the first report exploring U.S. and Canadian affluent investor perceptions on investing in the legal cannabis industry over the next 12 months. The survey was independently conducted by FTI Consulting among 660 investors in both countries, 28 percent of whom…

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ZYUS Signs Additional Cannabis Raw Material Supply Agreement

October 30, 2019

SASKATOON, Saskatchewan–(BUSINESS WIRE)–ZYUS Life Sciences Inc. (“ZYUS”), a company focused on the global development and commercialization of innovative and patient-focused cannabinoid-based therapeutics, announced today that it has entered into a three-year supply agreement with 9869247 Canada Limited (“Stevens Green”) pursuant to which ZYUS will purchase high-grade bulk raw cannabis material cultivated and harvested at Stevens…

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Abacus Health Products Expands Its CBDMEDIC Offering to Major Retail Pharmacy Chain

October 30, 2019

WOONSOCKET, R.I. & TORONTO–(BUSINESS WIRE)–Abacus Health Products, Inc. (CSE: ABCS, OTCQX:ABAHF) (“Abacus” or the “Company”) today announced that an additional major national retail pharmacy chain in the United States will be offering products from its CBDMEDIC product line. The products are expected to launch into 1,300 of the chain’s retail locations across the United States.…

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Cresco Labs Announces Expiration of HSR Act Waiting Period for the Proposed Acquisition of Tryke Companies

October 30, 2019

CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”), as amended, in respect to Cresco Labs’ pending acquisition of Tryke Companies (“Tryke”) (the “Transaction”).…

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MedMen to Announce First Quarter Fiscal 2020 Financial Results on November 26, 2019

October 30, 2019

LOS ANGELES–(BUSINESS WIRE)–MedMen to Announce First Quarter Fiscal 2020 Financial Results on November 26, 2019

Cannabis Companies KGB Reserve, Cloud9, and SF Roots Bring Social Equity Brands to Eaze

October 30, 2019

SAN FRANCISCO–(BUSINESS WIRE)–Today social equity cannabis companies KGB Reserve, Cloud9, and SF Roots announced their partnership with cannabis marketplace Eaze to help customers address the War on Drugs by purchasing products from social equity brands. “This partnership shows how the cannabis industry can support the important work of activists and state regulators who’re helping communities…

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ADDING and REPLACING GenCanna Applauds the USDA’s Release of the Interim Final Rule for Hemp Production

October 29, 2019

WINCHESTER, Ky.–(BUSINESS WIRE)–Add GenCanna boilerplate after last paragraph of release. The corrected release reads: GENCANNA APPLAUDS THE USDA’S RELEASE OF THE INTERIM FINAL RULE FOR HEMP PRODUCTION New regulatory framework will allow for the compliant production of hemp in the USA When the 2018 Farm Bill (PL-115-334) was signed into law last December, we took…

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