Mugglehead · Page 12

Pure Sunfarms launches ready-to-go brand SuperToast
Jul 26, 2023, 5:11 pm By Natalia Buendia Calvillo
Village Farms International, Inc. (Nasdaq: VFF) subsidiary Pure Sunfarms Corp. has launched its new brand SuperToast focused on “convenience and ready-to-go” products. The company announced the new brand on Wednesday which will carry fresh ground flower…

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Cannabis extract market to reach US$23B by 2032: The Brainy Insights
Jul 25, 2023, 9:59 pm By Rowan Dunne
The global market for cannabis extracts is set to expand by over US$19 billion in the next nine years, according to a new research report published by The Brainy Insights. The Indian market researcher said on Tuesday that the market will be expanding at a…

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Aleafia Health seeks creditor protection after failed merger
Jul 25, 2023, 9:15 pm By Natalia Buendia Calvillo
Aleafia Health Inc. (TSX: AH) (OTCQB: ALEAF) has obtained creditor protection in an effort to restructure its business and financial affairs. The move –announced Tuesday– comes in the wake of a series of financial pressures and industry challenges that…

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Aurora Cannabis sells Medicine Hat facility to Bevo Farms
Jul 24, 2023, 8:39 pm By Natalia Buendia Calvillo
Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) has sold its Aurora Sun facility located in Medicine Hat, Alberta to one of the largest suppliers of propagated vegetables and ornamental plants in North America Bevo Farms. The deal –which closed on Friday–…

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RISE Dispensaries initiates ‘Thanks, Dick’ campaign to facetiously celebrate Richard Nixon
Jul 12, 2023, 9:05 pm By Rowan Dunne
Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) is starting a campaign at its RISE Dispensaries to ironically celebrate Richard Nixon’s signing of the Controlled Substances Act in 1970 and the start of the War on Drugs. The “Thanks, Dick” campaign…

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California cracks down on the illicit cannabis market
Jul 6, 2023, 10:16 pm By Rowan Dunne
Cannabis authorities in California have been significantly ramping up their efforts to crack down on the state’s illicit market by serving more search warrants, confiscating record amounts of cannabis and seizing more weapons and money as well. On Wednesday,…

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Incannex Healthcare receives approval for proprietary drug for treating obstructive sleep apnea
Jul 6, 2023, 9:30 pm By Natalia Buendia Calvillo
Incannex Healthcare Limited (Nasdaq: IXHL) (ASX: IHL) an Australian pharmaceutical firm, has received approval to kick off a critical clinical trial on IHL-42X, its proprietary treatment for obstructive sleep apnea (OSA). The green light from the Bellberry…

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Curaleaf to acquire Portuguese cannabis facility from Clever Leaves
Jul 5, 2023, 9:24 pm By Rowan Dunne
Curaleaf Holdings (CSE: CURA) is set to acquire an EU-GMP-certified cannabis processing facility in Portugal from Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), thereby enhancing its flower processing capabilities in Europe. The United States cannabis…

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TerrAscend starts trading on the Toronto Stock Exchange
Jul 4, 2023, 10:21 pm By Natalia Buendia Calvillo
TerrAscend Corp. (TSX: TSND) (OTCQX: TRSSF) has started trading its common shares on the Toronto Stock Exchange (TSX) under the ticker symbol “TSND”. The company’s executives in Toronto rang the opening bell for the trading session on July 4. The move to…

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Canopy Growth advances transformation strategy with sale of fifth facility
Jun 29, 2023, 9:19 pm By Natalia Buendia Calvillo
Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) has announced the successful sale of its facility in Modesto, California. This marks the fifth facility sale since April 2023, with total proceeds reaching $81 million. The company anticipates that facility…

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CBN significantly improves sleep disturbances: FloraWorks study
Jun 29, 2023, 6:12 pm By Natalia Buendia Calvillo
Cannabinol (CBN) has been growing in popularity over the last year and a new study by Oregon biotechnology firm FloraWorks has recently shown its efficacy on sleep disturbance. The company announced this week the results of its latest clinical trial where a…

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Jointly launches ‘Spark’ AI chatbot to educate users about cannabis
Jun 28, 2023, 11:39 pm By Rowan Dunne
The “cannabis discovery company” Jointly has launched a new AI-powered chatbot that utilizes a broad range of data to educate users about pot. The software developer announced the creation of Spark on Tuesday, which it says has been informed by more than…

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Avicanna and Medipharm Labs expand partnership for self-emulsifying cannabinoid capsules
Jun 27, 2023, 7:52 pm By Natalia Buendia Calvillo
Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) and MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) will focus on the commercialization of Avicanna’s proprietary Self-Emulsifying Drug Delivery Systems (SEDDS) technology capsules designed for…

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Canadian cannabis industry sees 157% sales growth despite slowing pace and market challenges: Headset
Jun 27, 2023, 6:52 pm By Natalia Buendia Calvillo
Despite facing market challenges and a slowing growth rate, Canada’s recreational cannabis industry has experienced a remarkable 157 per cent surge in sales over the past three years, reveals a new report by Headset. The report underscores the industry’s…

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Avicanna partners with CCIC to launch medical cannabis education course
Jun 23, 2023, 10:13 pm By Natalia Buendia Calvillo
Cannabinoid-based pharmaceutical company Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) is teaming up with the Canadian Consortium for the Investigation of Cannabinoids to make a continuing education course available to the medical community in Canada.…

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Tilray closes acquisition of HEXO, becomes Canada’s largest cannabis company by revenue
Jun 23, 2023, 10:07 pm By Rowan Dunne
Tilray Brands, Inc. (TSX: TLRY) (NASDAQ: TLRY) closed the acquisition of HEXO Corp. (TSX: HEXO) (NASDAQ: HEXO) previously announced in April and is now Canada’s largest cannabis company by revenue. The company announced completion of the transaction on…

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Less than 25% of U.S. cannabis businesses were profitable in Q4, 2022: Whitney Economics
Jun 22, 2023, 9:21 pm By Rowan Dunne
The United States cannabis industry is in crisis and most businesses there are struggling to stay afloat, according to a new survey report released on Thursday by the analytics firm Whitney Economics. The report found that only 24.4 per cent of American…

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Heritage Cannabis ships first batch of live resin vape cartridges to Australia
Jun 21, 2023, 12:03 am By Rowan Dunne
Toronto’s Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) made its first shipment of live resin to Australia and has now received a second purchase order of the same size that will be shipped there this summer. The multinational cannabis operator…

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Xebra inks cannabis cultivation agreement with top ranking Mexican agriculture university
Jun 15, 2023, 11:58 pm By Rowan Dunne
Vancouver’s Xebra Brands Ltd. (CSE: XBRA) (OTCQB: XBRAF) has inked an agreement with a prestigious agricultural university in Mexico to cultivate and study cannabis. The company announced the new agreement on Thursday which builds upon a research partnership…

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Cannabix Technologies breaks new ground in cannabis detection with edibles testing success
Jun 14, 2023, 10:23 pm By Natalia Buendia Calvillo
Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) a pioneer in marijuana breathalyzer devices, has achieved a significant breakthrough by successfully detecting THC in breath samples after edible consumption. This development could revolutionize drug…

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