PUNE, India, Dec. 3, 2021 /PRNewswire/ — According to Brandessence Market Research, the hemp industry projections are on a promising trajectory to grow at promising 16.27% CAGR during 2021-2027 period. The Industrial hemp market forecast estimated that industrial hemp accounted for USD 3.91 billion in 2020. Growing demand for hemp food products, nutraceuticals, beverages, alternative protein sources, among others remain key drivers in regions like North America. …
DENVER, Dec. 3, 2021 /PRNewswire/ – Schwazze, (OTCQX:SHWZ) (“Schwazze” or the “Company”), one of the largest vertically integrated cannabis operators in Colorado, has entered into a securities purchase agreement with institutional investors and individuals under which the Company will issue and sell, subject to customary closing conditions, $95 million of principal amount and $93 million of funding amount (reflecting a 2% original issue discount) of convertible notes. The Company anticipates using the proceeds from …
VANCOUVER, Wash., Dec. 02, 2021 (GLOBE NEWSWIRE) — RollPros’ Blackbird™ Rolling System is the ideal solution to the age-old issues facing preroll production in the cannabis industry. The Blackbird Rolling System is the world’s first high-quality commercial cannabis pre-roll system that mimics old-school hand-rolled results through an automated machine. The RollPros Blackbird maximizes pre-roll joint production while preserving the integrity of the flower’s key active ingredients—all …
MIAMI & TORONTO–(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced today that its Flora Beauty division has received initial orders for its Mind Naturals and Awe CBD skincare brands. These initial orders are for the Spanish and Mexican markets and will be exported in December …
SAN FRANCISCO–(BUSINESS WIRE)–Iconic cannabis brand Cookies today announced its international expansion into Europe through a partnership with Israel-based InterCure (NASDAQ: INCR), the leading, profitable and fastest-growing cannabis company outside North America. The parties entered into a multiyear deal under which InterCure will establish Cookies stores and medical cannabis pharmacies in Austria and the United Kingdom in early 2022. “As we focus on new territories, …
VANCOUVER, BC and LAS VEGAS, Dec. 2, 2021 /PRNewswire/ – (CSE: OVAT) (OTCQB: OVATF) – Ovation Science Inc. (“Ovation” or the “Company”), a topical and transdermal cannabis product development company with a patented skin delivery technology and backed by over twenty years of research and development, reports that its topical cannabis products continue to hold five of the top sales positions in the Nevada topical dispensary market …
BERKELEY, Calif., Dec. 2, 2021 /PRNewswire/ — Steep Hill, the United States’ first commercial cannabis testing lab, expands with a new licensee partner into the state of Illinois. In 2019, Illinois became the 11th state to legalize an adult use cannabis program and the 1st state to legalize adult use by an act of state legislature, along with the medical program established in 2014. Steep Hill, CEO, Nigel Stobart, commented, “We …
LOS ANGELES, Dec. 2, 2021 /PRNewswire/ — After three years of providing trusted cannabis and CBD information from medical professionals and trusted sources, Three Wells today announced the launch of the world’s largest cannabis and CBD store dedicated to adults 50+. With over 1000 trusted products to choose from, Three Wells makes it easy to shop online for cannabis products by how …
DENVER, Dec. 2, 2021 /PRNewswire/ — Business intelligence from Akerna (Nasdaq: KERN), a leading enterprise software company and the developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, shows that Green Wednesday (11/24) and Black Friday (11/26) were the second and third highest sales days for legal cannabis in the US this year, with Green Wednesday bringing …
NEW YORK and LEAMINGTON, Ontario, Dec. 02, 2021 (GLOBE NEWSWIRE) — Tilray, Inc. (“Tilray”) (NASDAQ | TSX: TLRY), a global pioneer in cannabis research, cultivation, production, and distribution, today announced that its medical subsidiary, Aphria, has launched medical cannabis oral strips in THC and CBD-rich varieties. Powered by QuickStrip’s™ proprietary technology, each Aphria medical strip contains a thin, edible film …