Visionstate Corp. (TSXV: VIS) (“Visionstate”), is pleased to announce that Freedom Cannabis Inc. (“Freedom”), a portfolio company of Visionstate Corp., has received approval for retail distribution in two of the largest retail markets in Canada. The addition of the provinces of Alberta and Ontario to the Freedom portfolio of retail licences has paved the way for the company to brand its premium brand products across the country.

In the past 30 days, the company has been approved in four jurisdictions in Canada and is executing on delivering product to these important markets. The licences were granted on August 27, 2021.

Beacon Hill Brands Inc. ("Beacon Hill" or the "Company"), a privately owned Canadian company focused on developing, marketing and distributing functional, nutraceutical and medicinal beverages, is bringing the popular Kalvara brand ("Kalvara" or the "Brand") of Infusion Technology-powered, conveniently-sized cannabis beverages to the Canadian adult-use recreational cannabis market.

Tilray Inc (NASDAQ: TLRY) sent an open letter on August 26 from Irwin D. Simon, CEO and chairman, to the company’s shareholders. In the letter, Simon describes his vision for the company and gives his $4 billion target. He also encourages shareholders to vote for initiatives that are in line with this vision at Tilray’s special meeting of stockholders. The meeting is scheduled to occur on September 10. Tilray is one of the largest cannabis lifestyle and consumer-packaged goods companies in the world. It has operations in the U.S, Latin America, Canada, Europe and Australia. Tilray’s production platform supports about 20 brands in over 20 countries.

Canopy Growth Corporation has launched its first line of CBD vapes and consumers will soon be able to purchase them at Circle K convenience stores.

The product line, called whisl, features interchangeable pods in three formulas, each containing 200 milligrams of hemp-derived CBD with no THC

The cannabis boom is thriving in Canada. So much so, the industry is expected to balloon from $31.5 billion in 2020 revenue to $10.1 billion by 2025. Helping, sales growth for vape pens is expected to run from 3.9% in 2019 to more than 18% by 2022. Edibles are expected to increase from 1% sales growth to 9%, as topicals run from 0% to about 1%. In addition, sales are seeing higher highs. In June 2021, Canadian cannabis sales were up 59% in June to $319 million. That was after 68% cannabis sales growth for May 2021. One of the companies benefiting from that wild growth is Ayurcann Holdings Corp. (CSE: AYUR)(FSE:3ZQ0), a leading post-harvest solution provider with a focus on providing.

Two cannabis dispensaries who have submitted applications for storefronts in University Village are facing criticism from UBC students and residents in the University Endowment Land (UEL).

There is currently a petition by Connie Chen, a UEL resident, with over 1,600 signatures protesting the two storefront applications expressing how cannabis dispensaries are inappropriate for UBC’s academic environment and how they put minors in a vulnerable position for exposure to illicit substances. Cannabis was legalized in Canada in 2018.

Other concerns communicated in the petition included the smell of cannabis and the potential for air pollution on campus.

Some students have expressed similar concerns to Chen and her petition.

Kiaro Holdings Corp. (TSXV: KO) ("Kiaro" or the "Company"), a national omni-channel cannabis retailer and wholesale distributor, is pleased to announce that the Company has initiated analyst coverage with Fundamental Research Corp (FRC) an independent small-cap research specialist firm located in Vancouver, B.C. Kiaro's initial research report and future reports may be obtained directly from FRC.