Marijuana Business News

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Wed
18
Aug

Eve & Co. Announces Medical Cannabis Supply & Purchase Agreement with Australian Distributor TCann Pty Ltd.

cannabis plant growing

STRATHROY, Ontario, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Eve & Co Incorporated (“Eve & Co”, “we”, “us” or the “Company”) (TSX-V: EVE; OTCQX: EEVVF), is pleased to announce that its wholly-owned subsidiary, Natural MedCo Ltd. (“NMC”) has successfully entered into a Medical Cannabis Supply and Purchase Agreement (the “Agreement”) with TCann Pty Ltd., Australia (“TCann”), an import/export and distribution company of para-pharmaceutical, medicinal and narcotic products located in Thornleigh, New South Wales.

Wed
18
Aug

MediPharm Labs Receives Export Authorization to Ship Medical Cannabis to Brazil

landscape image of brazil

MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”) a pharmaceutical company that specializes in cannabis, is pleased to announce that it has received approval to ship medical cannabis oil to Brazil. This approval, issued by both ANVISA and Health Canada, allows initial shipments to patients for the Company’s partner XLR8. The shipment is a crucial milestone for the Company in using its pharmaceutical Good Manufacturing Practices (“GMP”) platform for international manufacturing and distribution.

Tue
17
Aug

Organigram Launches Edison JOLTS, Reinvents the Ingestible Extract

holding soft gels in hand

A first-to-market product, Edison JOLTS lozenges combine the benefits of sublingual oil with the convenience and portability of softgels

 

MONCTON, New Brunswick--(BUSINESS WIRE)--Organigram Holdings Inc. (“Organigram” or the “Company”) (TSX: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading Canadian producer of cannabis, is pleased to announce the launch of Edison Cannabis Co. (“Edison”) JOLTS, Canada’s first flavoured high potency THC lozenge. Edison JOLTS are available in a package of 10 mint flavoured lozenges with 10 mg of THC per lozenge for a total of 100mg per pack.

“We believe this proprietary product will appeal to cannabis consumers looking to explore the cutting edge of cannabis in Canada”

Tue
17
Aug

Ontario pot product strategy gets mixed reaction from producers

computer screens showing documents

Ontario Cannabis Store's product launch delays gets mixed reaction from pot producers

The Ontario Cannabis Store is shaking up how it plans to launch new products to the provincial marketplace, a move that could have serious implications for big and small producers alike. 

The provincially owned cannabis wholesale and online retailer told pot companies whose items it sells that it will postpone the next product call, a crucial window where companies disclose what items they plans to offer the marketplace, into next April. That means that after the current call ends in mid-August, producers will have eight months until they can pitch their wares to the OCS again, a slightly longer period than for previous product calls. 

Tue
17
Aug

Cannabis Company Ayr Said to Buy THC-Drink Maker Cultivauna

view of top of beverage cans

Ayr Wellness Inc., a multistate cannabis company, plans to buy Cultivauna LLC, a maker of cannabis-infused seltzers and water-soluble tinctures, according to a person familiar with the company’s plans.

The transaction would give Ayr, which already sells cannabis in six states, access to a fast-growing segment of the industry: drinks that contain the psychoactive ingredient in marijuana, known as THC. It would also expand the customer base for Cultivauna’s Levia brand, currently sold in Massachusetts.

Mon
16
Aug

HEXO expands its global leadership team with the appointment of Chief Commercial Officer

signing documents

OTTAWA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) is pleased to announce that it is expanding its global leadership team with the appointment of Valerie Malone as Chief Commercial Officer, effective September 6, 2021.

"We are thrilled to welcome Valerie to HEXO,” said HEXO CEO and co-founder Sebastien St-Louis. “Valerie will support HEXO’s future growth as we accelerate on the path towards becoming a top three global cannabis products company and continue to generate value for our shareholders. We look forward to adding her diverse experiences and perspectives to our executive team, as we continue to drive towards positive EPS.”

Thu
12
Aug

CO2 GRO to support Canadian cannabis producer with CO2 solutions

CO2 GRO will support a “significant” licenced Canadian cannabis producer to increase both production and revenue with its CO2 Delivery Solutions™

The Toronto-based company on Monday (9th August) said it commenced a commercial feasibility at the producer’s facility which will run for up to one year with an extension option.

CO2 GRO’s customer currently employs atmospheric CO2 enrichment year-round through purchased CO2 bulk tanks. However, during warmer months, the facility requires heat venting which makes increasing CO2 levels in the grow areas above ambient conditions very difficult.

Tue
10
Aug

Hemp, Inc. Pleased to See Growing Numbers of Elite Athletes Incorporating CBD in Training, Recovery

Hemp, Inc. (OTC PINK: HEMP), an established leader in the industrial hemp market, is pleased to see top-level athletes embracing CBD as part of their training programs.

Tue
10
Aug

Colombia Challenges Canadian Cannabis Dominance

In 2020, Canada became the largest exporter of dried cannabis flower in the world. Today, Canada is looking over its shoulder at a formidable competitor in Colombia, which recently instigated some legislative changes that position the country to become the global cannabis leader. Colombia was already recognized for its robust infrastructure, distribution and exports of certain cannabis products such as medicinal oils and extracts, but the country had a gaping hole in exports by keeping dried cannabis flower strictly verboten.

Mon
09
Aug

Do CBD Regulations Need Federal Cannabis Reform? Some Say No

It feels as 2019 was a long while ago however some things can’t be forgotten. Back in July of 2019 a staff director for Republicans on the House Judiciary Committee was placed behind other members on the dais. This staff director Brendan was paying attention to all-too-rare bipartisan harmony. Both sides formed a collective understanding: it is time for the federal marijuana prohibition to end.

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