Marijuana Business News

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Mon
30
Aug
Mon
30
Aug

Regina tech startup BudSense helping cannabis retailers simplify selling marijuana

marijuana plant

David Thomas knows how hard selling marijuana can be, and he has come up with a solution that’s attracting clients across Canada and in the United States.

Thomas is the co-founder and president of BudSense, a Regina-Calgary startup that helps cannabis stores create better print, digital and web menus. The company is growing rapidly. It was operating in just a handful of stores at the start of the year, but that number is now closing in on 150.

Fri
27
Aug

New owner for Kirkland Lake cannabis grower

growing cannabis

A Kirkland Lake licensed cannabis grower is under new ownership.

48North Cannabis announced Aug 26 that it has obtained the final court order approving its sale to Ottawa-based HEXO, one of the largest licensed cannabis companies in Canada, in a previously announced $50-million deal.

48North shareholders approved the transaction on Aug. 17.

HEXO will acquire all of 48North’s issued and outstanding common shares by way of a plan of arrangement first announced on May 17.

Fri
27
Aug

Agra Ventures looking to be a top cannabis player in Canada and Europe

shaking hands

The Vancouver-based company's strategy is two-pronged - to supply the Canadian recreational market with high-potency flower and while also serving the European medical cannabis market.

What Agra Ventures does:

Agra Ventures Ltd. (CSE:AGRA, OTC:AGFAF) - which changed its name from AgraFlora Organics International Inc on July 28, 2021 - grows, distributes, and markets premium cannabis and cannabis-infused products. 

Its strategy is two-pronged - to supply the Canadian recreational market with high-potency flower products, while serving the European medical cannabis market. 

Fri
27
Aug

Phyto Extractions Announces Name Change to Adastra Holdings Ltd.

cannabis leaf

Phyto Extractions Inc. (formerly, Adastra Labs Holdings Ltd.) (CSE: XTRX) (FRA: D2EP) ("Phyto" or the "Company") is pleased to announce a name change from "Phyto Extractions Inc." to "Adastra Holdings Ltd." (the "Name Change"), to be effective on September 1, 2021. Trading of the Company's common shares is expected to resume under the new name and under the same ticker symbol "XTRX" on the Canadian Securities Exchange as of market open on September 1, 2021. In connection with the Name Change, the Company's new CUSIP will be 00654D100 and the new ISIN will be CA00654D1006. There is no consolidation of shares associated with the Name Change.

Fri
27
Aug

Can Canopy Growth Stock Soar? The Consensus Seems Mixed

stock graph showing increases

Among the growth sectors investors have largely lost focus on of late is cannabis. Indeed, the amount of discussion around companies like Canopy Growth (TSX:WEED)(NYSE:CGC) stock has dwindled of late. With meme stocks soaring, and so many other opportunities for outlandish growth present in today’s market, this makes sense.

However, one could argue that cannabis stocks were the original meme stocks. These companies garnered a tremendous amount of attention in previous years. Indeed, as Canada legalized recreational cannabis use, the expectation was that a Biden government would follow.

However, we haven’t seen anything concrete play out yet south of the border. Accordingly, investor interest has seemingly shifted to other high-growth sectors today.

Thu
26
Aug

TGOD Announces Conditional Approval of Listing Application on the Canadian Securities Exchange and Pending Voluntary Delisting from the Toronto Stock Exchange

windmill

The Green Organic Dutchman Holdings Ltd. ("TGOD" or the "Company") (TSX: TGOD) (US: TGODF), a leading producer of premium certified organically grown cannabis, announces today that the Company intends to list its common shares (the "Common Shares") and listed Common Share purchase warrants (the "Warrants") on the Canadian Securities Exchange (the "CSE"), and has received conditional approval from the CSE to do so. The Company is currently addressing all outstanding items to receive final approval of its application (the "Listing Application") to list its Common Shares and Warrants on the CSE (the "CSE Listing").

Thu
26
Aug

Fire & Flower and Hifyre Announce Proposed Acquisition of PotGuide

cannabis flower

 Fire & Flower Holdings Corp.  ("Fire & Flower" or the "Company") (TSX: FAF) (OTCQX: FFLWF) and its wholly-owned subsidiary Hifyre™ Inc. ("Hifyre"), today announced the proposed acquisition (the "Acquisition") of all issued and outstanding shares of PGED Corp., ("PotGuide"), one of the world's largest cannabis websites and content platforms.

 

PotGuide / Hifyre / Fire & Flower - (c) 2021 Fire & Flower Holdings Corp. (CNW Group/Fire & Flower Holdings Corp.)

Thu
26
Aug

Pure Extracts Ships Initial Vape and Edible Order to Private Saskatchewan Cannabis Distributor

woman vaping

 Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased to announce that its wholly-owned subsidiary, Pure Extracts Manufacturing Corp., has shipped its initial order to a licensed cannabis distributor in the Province of Saskatchewan, further expanding the Company’s presence in Western Canada. Pure Extracts’ Pure Pulls cannabis vape cartridges and Pure Chews edible gummies will soon be available for purchase through select licensed private retailers in the province.

Thu
26
Aug

Retail cannabis store acquires 5 new locations in Regina

A retail cannabis corporation, High Tide, has acquired five retail cannabis locations in Regina. The locations include Prince of Wales Drive, Victoria Avenue, Eastgate Drive and Albert Street.

All five locations are expected to be operational by the end of 2021. 

The company's founder, president and CEO, Raj Grover, says the stores will run under the name Canna Cabana.

Grover also says acquiring stores in Regina came with some challenges but was worth the investment.

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