Humble & Fume Inc. Establishes Joint Venture to Build Leading North American Cannabis Distributor

, for the purpose of distribution of cannabis throughout the United States, initially focused on accelerating the Company’s expansion into cannabis distribution operations in California. The additional $2 million investment by Johnson Brothers, funded through their Green Acre option agreement, demonstrates continued support for our US expansion strategy. With over 6,000 cultivators and over 700 retailers Humble believes that cannabis […]

Riv Capital Acquires Non-Regulated Portion of New York-based Etain in Initial Closing

As previously announced, the additional investment was undertaken pursuant to rights existing under The Hawthorne Collective’s previous convertible note investment in RIV Capital. BrandCo HoldCo, LLC 21,092,335 Common Shares pursuant to the Initial Closing at a price of C$1.65 per Common Share and approximately C$34.8 million in the aggregate, representing approximately 12.9% of the issued and outstanding Common Shares. […]

Fintech Partnership Will Offer Lending and Financial Services to Cannabis Operators

LOS ANGELES, April 21, 2022 — Bespoke Financial, the first Fintech lender in the country providing debt financing to cannabis companies, today announced its strategic partnership with PayQwick, the cannabis industry’s most comprehensive treasury and financial services platform. In return, PayQwick clients receive priority access to qualify for lines of credit with Bespoke based on the […]

Humble & Fume Subsidiary Begins Cannabis Operations in California

has officially begun operations in the California market and signed an exclusive distribution services agreement with leading California brand house, Canndecent Brands, which includes Canndescent, VOLCANNX, goodbrands, Baker’s Cannabis Co. Humble’s commitment to supporting its brand and retail partners, includes hiring approximately 65 employees within the year, securing over 20 distribution vehicles and outfitting the distribution facility […]

Lowell Farms Inc. Becomes Exclusive Distributor of Zippo Products for California Cannabis …

The 18-month collaboration sees Lowell Farms serving as the exclusive distributor of Zippo products at dispensaries, processing and administering all orders from its Monterey County headquarters, and retaining exclusive rights to the Zippos name for all co-branded events and activations within the cannabis industry. We searched the world for the perfect matches to light up […]

Healing Thoughts for Alan Brochstein – New Cannabis Ventures

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. To get real-time updates download our free mobile app for Android or Apple devices, like our Facebook page, or follow Alan on Twitter. Get ahead of the crowd! If you are a cannabis investor and find value in our Sunday […]

Cannabis Supply Chain Company Backbone Raises $14 Million

SAN FRANCISCO – A team of ESG, enterprise software, supply chain operations and logistics experts today introduce Backbone, the first and only supply chain mesh network. The global supply chain is inefficient and increasingly unstable, with companies facing unforeseen hurdles and struggling to meet customer expectations — resulting in lost sales, lost profit, and loss […]

Fire and Flower Expands Cannabis Distribution Services to Manitoba

TORONTO, April 14, 2022 /CNW/ – Fire & Flower Holdings Corp. Open Fields was selected as part of a competitive RFP process to provide cross docking services in the province of Manitoba and we are delighted that MBLL has trusted our business to provide these services. The Company leverages its wholly-owned technology development subsidiary, Hifyre, […]

Valens Q1 Revenue Increases 26% Sequentially to C$23.2 Million – New Cannabis Ventures

KELOWNA, BC, April 13, 2022 /PRNewswire/ – The Valens Company Inc. We are also pleased to report that our B2B segment has returned to growth, and we remain optimistic that this platform will continue to strengthen as our partners optimize their manufacturing processes amid both industry and economic headwinds. Robson continued, “As expected, adjusted EBITDA […]

Cresco Labs Brings Its FloraCal Farms Brand to Illinois – New Cannabis Ventures

CHICAGO, April 13, 2022–, a vertically integrated multistate operator and the number one U.S. FloraCal Farms’ vision is to deliver a first-class experience to sophisticated cannabis consumers who value unique terpene profiles, flower structure and all the fruits of artisanal cultivation and processing methods. Live rosin vapes and concentrates follow solventless extraction processes, an innovative […]

TerrAscend Acquires Maryland Medical Cannabis Dispensary for $11.7 Million

Located near interstate 68 and close to the West Virginia and Pennsylvania borders at 100 Beall St, Cumberland, MD 21502, AMMD has built a strong and loyal customer base in Northwestern Maryland. One year later we have made significant progress, with the buildout of our 160,000 square foot facility and our acquisition of this high […]

Tilray’s Illusory Profit Obscures Fundamental Weakness – New Cannabis Ventures

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. We thought that perhaps the positive reaction was due to relief that the numbers weren’t actually even worse, but we believe that the market was perhaps keyed to something beyond revenue and […]

What’s New With Cannabis Stocks for the Week Ending 04/08/22

Illinois​ cannabis sales grew 14.6% sequentially in March to $163 million, which was up 12.5% from a year ago. The model was launched in March 2017 targeting long-term investors seeking to invest in leading cannabis stocks with low portfolio turnover and has gained 137.8% since inception compared to the 67.1% decline in the index since then. […]

Here Is How a Leading Cannabis Beverage Company Is Going After Big Alcohol

Bullock reconnected to talk about his company’s continued product innovation, its recent Series A and competing with the alcohol industry. Bullock and his fellow co-founder Luke Anderson continue to lead the company, but Cann has added to its leadership team at the VP level. Last quarter, the company also entered the Ontario market, and it […]

IM Cannabis Strengthens Focus on Importing Premium and Ultra-Premium Products from its …

Focus Medical has an exclusive commercial agreement with IM Cannabis to distribute its production under the IMC brand. The closure of Sde Avraham farm will allow the Company to better leverage its fully licensed import-export supply chain and focus on importing premium and ultra-premium products from its subsidiaries in Canada and other leading Canadian suppliers. […]

Cannabis REIT NewLake Funds $34 Million C3 Missouri Project

NEW CANAAN, Conn., April 06, 2022 , a leading provider of real estate capital to state-licensed cannabis operators, today is announcing the closing of part-one of a three-part commitment for a cultivation property in Missouri. Part-one begins with NewLake’s $7.3 million purchase of the company’s flagship Missouri cultivation facility with a commitment to fund an […]