Search Results for: ILL

Tilray And Privateer Sign Definitive Agreement To Extend Lock-up And Provide For Orderly Distribution Of 75 Million Tilray Shares Held By Privateer

tilray

CANADA: Tilray, a global leader in cannabis research, cultivation, production, and distribution, today announced that it has signed a definitive merger agreement with its largest stockholder Privateer Holdings, Inc. for a transaction that will extend the lock-up on and provide for the issuance of up to 75 million Tilray shares to Privateer’s equity holders (and the Read the full article…

Alternate Health Reports $1.9 Million Of Revenue In Q2 2019

Alternative Health

CANADA: Alternate Health Corp., an international leader in CBD extraction, product development and distribution, has announced that the company generated $1.9 million in Q2 revenue. “Alternate Health’s Q2 results represent just the beginning of our new strategic direction as we focus exclusively on the hemp-derived CBD industry and, especially, product development and distribution,” says Howard Read the full article…

Cresco Labs Announces Opening Of VidaCann Dispensaries In Pensacola And Jacksonville

VitaCann jacksonville

ILLINOIS:  Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today announced the opening of new VidaCann medical cannabis dispensaries in the cities of Pensacola and Jacksonville, Florida. With the opening of the new dispensaries, VidaCann now has 12 operating dispensaries throughout the state of Florida. Cresco Labs has entered Read the full article…

Diamond CBD Online Store Sold over $1.1 Million Last Month, a 90% Increase Year-over-Year

DiamondCBD.com

DiamondCBD.com Set New Record in May for Its Online Sales as Site Was Visited by over 330,000 Users in Last 7 Days FLORIDA: PotNetwork Holdings announced that it’s online store generated over $1.1 million in exclusive web-based sales in May 2019. Compared with May 2018, in which online sales totaled $569,671, May 2019’s record online revenues represent Read the full article…

Illinois Passes Transformative Adult-Use Cannabis Legalization with Sales Starting January, 2020

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ILLINOIS: Cresco Labs Inc., one of the largest vertically integrated multistate cannabis operators in the United States, today provided comments on the legalization of adult-use cannabis in its home state of Illinois. Cresco Labs CEO & Co-Founder Charlie Bachtell served on the Cannabis Legalization Subcommittee of Illinois Governor JB Pritzker’s transition team as the sole representative Read the full article…

Ohio Board Of Pharmacy Awards Dispensary Certificate Of Operation In Painesville Township

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OHIO: The State of Ohio Board of Pharmacy today awarded a Dispensary Certificate of Operation to Bloom Medicinals, LLC, located at 382 Blackbrook Rd., Painesville Township. For a list of all Dispensary Certificates of Operation, please click here.

Washington Industrial Hemp Bill Signed Into Law 

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WASHINGTON: A bill from state Sen. Doug Ericksen that gets the state into the hemp business was signed into law Friday, raising the possibility that some Washington farmers may be able to plant a new cash crop during the current growing season. Senate Bill 5276 got final approval from the Legislature Wednesday, and became law Friday with Read the full article…

Cresco Labs Continues Its Illinois Expansion With Regulatory Approval For Three Dispensaries

Cresco Labs Orange Bottle

ILLINOIS: Cresco Labs Inc., one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it received approval from the Illinois Department of Financial and Professional Regulation (IDFPR) for Cresco’s previously announced acquisitions of licensed medical cannabis dispensaries MedMar Rockford and MedMar Lakeview, located in the popular Wrigleyville neighborhood of Chicago. The IDFPR also Read the full article…

iCAN Secures Financing Through A Convertible Loan Of CAD $4 million (US $3 million)

l to r. Jesse Kaplan, Plaza Capital, Sruli Weinreb, Plaza Capital, Saul Kaye, CEO, iCAN: Israel-Cannabis.signing the agreement.

ISRAEL: iCAN: Israel-Cannabis has announced that it has issued a secured convertible loan in the amount of CAD $4,000,000 to a group of investors led by Plaza Capital. The principal amount of each Convertible Security, plus accrued interest shall be convertible, for no additional consideration, into common shares of the Company at the option of the holders at Read the full article…

Cresco Labs Enters Florida – Will Have Access to 65% Of The Total Addressable U.S. Cannabis Market

VidaCann Fla

ILLINOIS: Cresco Labs Inc., one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it is entering the Florida market through the signing of a letter agreement to acquire the ownership interests or assets of VidaCann Ltd. and/or affiliated entities, one of the largest and most advanced providers of medical Read the full article…