Press Release

Green Relief Announces New Ownership With Plans To Expand Medical Cannabis Line

News By Press Release Posted on November 23, 2020 Green Relief is a licensed producer based outside of Hamilton, Ontario Green Relief Inc. today announced that it has completed its restructuring process and has been acquired by Olivier Dufourmantelle and Angus Footman, two industry veterans who have worked with some of Canada’s leading cannabis companies. The company retained key employees and is open for business in all respects. Now under new management, Green Relief is renewing its focus to providing high-quality, consistent products to its medical cannabis patients. “Taking Green Relief through its next chapter is an exciting opportunity, and […]

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Former NBA Player Matt Barnes Joins Eaze As Senior Advisor To The Board

News By Press Release Posted on November 20, 2020 Barnes’ first project will be to support Momentum business accelerator Eaze, California’s largest marketplace for legal cannabis, today welcomed NBA champion, entrepreneur, and nationally-recognized cannabis advocate Matt Barnes as an advisor to the Board of Directors and the company on cannabis policy, social impact, and industry relations. Barnes’ first project will be to support the national launch of the second year of Eaze’s award-winning Momentum business accelerator. Eaze’s Momentum program is an industry-defining resource that cultivates the success of underrepresented cannabis founders. “As an advocate and athlete, Matt changed the game by normalizing cannabis in […]

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Colorado To List Of Pesticides That Can Be Used On Cannabis

The list for pesticides that can be used on cannabis without being a violation of the Pesticide Applicators’ Act has been updated. Please note the following products have been added: Almighty Critter-Maxx Furious Judgement Power SI Control Zealous To view the updated list, click here for a pdf or click here for an Excel form. For questions regarding this change, contact Laura Quakenbush at (303) 869-9060 or email [email protected] The Colorado Department of Agriculture (CDA) is currently reviewing pesticide labels upon request and maintaining a list of products whose label it has reviewed that it believes could be used on marijuana without violating 35-10-117(1)(i), as […]

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California’s Bureau Of Cannabis Control Announces Public University Grant Funding Recipients

News By Press Release Posted on November 16, 2020 Research proposals had to fall within one of the several specified categories The Bureau of Cannabis Control (Bureau) has announced that it has awarded $29,950,494 in public university research grant funding to universities across California.  “The research conducted through these public university grants will provide critical information for evaluating our legal cannabis system and its impacts,” Bureau of Cannabis Control Chief Lori Ajax said. “This research will be a valuable tool to inform future cannabis policy in California.” Research proposals had to fall within one of the several specified categories, including public health, […]

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Harvest Health and Recreation Nets $12.9 Million From Exiting Arkansas Medical Cannabis Market

News By Press Release Posted on November 16, 2020 Harvest retains ownership of the real estate for the dispensary and cultivation facilities  Harvest Health & Recreation Inc.  (“Harvest”), a vertically integrated cannabis company and multi-state operator in the U.S., has completed the divestiture of its dispensary and cultivation assets in Arkansas. Natural State Wellness Dispensary, LLC and Natural State Wellness Enterprises, LLC, which own and operate a medical dispensary and cultivation facility, were sold on Friday, November 13, 2020. The total purchase price paid by the buyer was $25 million. Following repayment of approximately $1.9 million in loans associated with the assets, the portion of net proceeds received by Harvest for […]

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Yesway Expands its CBD Beverage Set with Four New Brands – BevNET.com

Yesway is making a big statement in the CBD space by adding four new brands with 14 new SKUs in Packaged Beverage. The innovative convenience store chain now has the largest assortment of CBD beverages in the convenience store industry. The new brands being introduced are KILL CLIFF, DEFY, Weller and CBD Living Sparkling Water. As health and wellness items become increasingly important to today’s consumers, Yesway continues to pursue the most innovative, emerging products in the space. These four brands each offer unique health benefits in recognizable products that help bring CBD to consumers in underserved markets. DEFY is […]

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New Hemp Synergistics Launches CBD Wellness Water with Probiotics – BevNET.com

Hemp Synergistics, a biotech company dedicated to making intelligent hemp products, announced today the launch of two inaugural direct to consumer retail lines: Pure Synergistics and Lily + Rein, both of which include Canabix, the first all-natural CBD + probiotic drink developed by World Health Organization cited immunologist, Dr. Babak Baban. With a team of over 50 years of professional and regulatory experience, the company was founded with a focus of science, solution and quality. All 100% THC-free products are formulated in a pharmaceutical grade lab in an FDA registered, GMP compliant facility. “In a market plagued with gas station […]

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4Front Ventures Enters Into US$30 Million Sale-Leaseback Transaction Agreements

News By Press Release Posted on October 29, 2020 “Entering this sale-leaseback transaction marks a significant milestone”  4Front Ventures Corp. has announced that it has entered into definitive purchase and sale agreements with an affiliate of Innovative Industrial Properties, Inc., (IIPR) providing for the sale and leaseback of 4Front’s cultivation and production facilities in Tumwater, Wash., and Georgetown, Mass. The all cash sale price of US$30 million will be used by the company to pay down the outstanding senior secured debt obligation to affiliates of Gotham Green Partners, and for other general corporate purposes. The transaction is subject to various closing […]

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Viola Expands Presence to Washington State

News By Press Release Posted on October 26, 2020 Half a dozen of Viola’s ultra premium Strains to be made available Viola, a nationwide leader in the production and sale of premium quality cannabis products, founded by NBA veteran Al Harrington, today announced its official entry into Washington State. As states continue to legalize cannabis, Viola is breaking ground with expanded territory into the Pacific Northwest furthering the mission to grow its portfolio across the United States. A peek concentrate market, Washington kicks off the brand’s expansion in the west as the largest Black-owned MSO in the United States, doubling […]

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The Green Solution to Celebrates 10-Year Anniversary with Iconic Performers Jim Belushi and Dan Aykroyd, Plus Broncos Legend Ray Crockett

The Green Solution (TGS) celebrated its 10-year anniversary yesterday with a customer appreciation event at the company’s first dispensary location in Northglenn, Colo. TGS honored the occasion with special appearances from Jim Belushi and Dan Aykroyd, as well as Denver football legend, Ray Crockett. Belushi and Aykroyd arrived in a Bluesmobile, a 1974 Dodge Monaco sedan, reminiscent of the one featured in the “The Blues Brothers” to commemorate the Colorado launch of Belushi’s Farm Blues Brothers® Pre-Rolls. TGS has partnered with Belushi and his Oregon-based cannabis company, Belushi’s Farm, to debut The Blues Brothers® pre-rolls in Colorado. The pre-rolls will debut at TGS locations across the […]

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