Breaks Categories: News

TuesdayOct 25, 2022 10:50 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Webcast to Discuss M&A, International Markets

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has scheduled an analyst call for Oct. 26, 2022, at 2 p.m. EST. According to the announcement, the call will focus on the company’s recent M&A activity as well as growth opportunities in the international space. Leadership from Flora Growth, along with Franchise Global Health Inc., will be on the call to discuss the recent definitive agreement that two companies have signed regarding acquisition; discussion will also center on global opportunities within the cannabis industry. Through its subsidiaries, Franchise Global Health is a multinational…

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MondayOct 24, 2022 10:29 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Enters into Acquisition Agreement with German-Based Pharmaceutical, Medical Cannabis Distributor

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has inked a definitive agreement with Franchise Global Health Inc. (TSX.V: FGH), a multinational operator in the medical cannabis and pharmaceutical industry. The agreement outlines Flora Growth’s plans to acquire 100% of Franchise Global Health, which has principal operations in Germany, in an all-stock transaction. According to the agreement, the acquisition gives FLGC a foothold in German’s medical cannabis space because FGH’s German businesses service an estimated 1,200 pharmacies in the country; FGH also provides noncannabis medical products to 28 additional countries. In the first…

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WednesdayOct 19, 2022 12:47 pm

CannabisNewsBreaks – AmeriCann (ACAN) Announces Record Revenue, Strong Top-Line Growth

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, today provided financial and operational updates for its Massachusetts cannabis cultivation, product manufacturing and distribution campus. According to the update, the company achieved a significant increase in year-over-year revenue, increasing over 44% for the year ending September 2022 relative to the year ended Sept. 30, 2021, an increase of over $900,000. The company attributed the increase in financial performance to greater revenue received from products produced and manufactured at building 1, AmeriCann’s initial building at its Massachusetts Cannabis Center development in Freetown, Massachusetts. “We’re pleased…

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WednesdayOct 19, 2022 12:41 pm

CannabisNewsBreaks – Advanced Container Technologies Inc.’s (ACTX) CEFs Hold Potential to Transform the Way Food is Grown, Distributed

Advanced Container Technologies (OTC: ACTX) has announced that GrowPods – the company’s unique Controlled Environment Farms (“CEFs”), have the potential to transform the agriculture industry. Among the many benefits CEFs provide are year-round growing cycles, which are not dependent on weather, climate or quality of land, and can provide reliable and consistent crop production. “Controlled Environment Farming isn’t perfect, but it has the potential to transform the agriculture sector and improve the way food is grown and distributed in America,” said Doug Heldoorn, CEO of ACTX. “From improving the quality of our food, to reducing our dependence on corporate owned…

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ThursdayOct 13, 2022 1:38 pm

CannabisNewsBreaks – SHF Holdings Inc. (NASDAQ: SHFS) Continues Trading on the Nasdaq After Successful Business Combination

SHF Holdings (NASDAQ: SHFS), formerly known as Northern Lights Acquisition Corp. ("NLIT"), a special purpose acquisition company, recently completed its acquisition of SHF LLC, d/b/a Safe Harbor Financial, a leader in offering compliance services to financial institutions that serve the regulated cannabis industry. With the transaction now complete, the company has changed its name to “SHF Holdings Inc.,” with its Class A Common Stock and warrants continuing to trade on the Nasdaq Capital Market. “With its established leadership position in cannabis-related compliance services and continued growth in its financial institution clients, this is an exciting time for Safe Harbor to…

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MondayOct 10, 2022 12:07 pm

CannabisNewsBreaks – Advanced Container Technologies Inc. (ACTX) Offers Year-Round Farming Option, Higher-Nutrient Crops

Advanced Container Technologies (OTC: ACTX), the exclusive U.S. distributor of self-contained, automated, indoor “micro-farms” called GrowPods, provides a new income opportunity for farmers. The company’s GrowPods, or unique controlled environment farms, offer the ideal environment for farmers to grow crops all year long; as an added advantage, the crops are high nutrient, clean and sustainable. According to the announcement, recent reports have highlighted the challenges that farmers face, including increasing debt, extreme weather conditions, consolidation, degrading and eroding soils, and increased pesticide and chemical use that impact the nutrient value of harvests. One study noted that farmers are among the…

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ThursdaySep 29, 2022 10:28 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Enters Strategic Partnership with Rob Van Dam, Continues to Capitalize on Cannabis 3.0

Grapefruit USA (OTCQB: GPFT), an innovative California-based cannabiotech company and cannabis distributor, today announced its entry into an exclusive licensing agreement with WWE Hall of Fame wrestler and cannabis pioneer Rob Van Dam to bring his branded cannabis products to the California retail marketplace. “Our industry has matured over the past several years, and that maturation has fundamentally focused success in the retail marketplace around effective product branding. There is a lot of competition for product shelf space in retail stores. Retailers look to the brands that are likely to generate the most sales, and the well-known cannabis brands are…

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WednesdaySep 28, 2022 2:10 pm

CannabisNewsBreaks – Lift&Co. Expo 2023 to Showcase 130+ Expert Speakers and Exclusive Educational Content

Lift&Co. Expo, Canada’s no. 1 cannabis conference and trade show, is set to return to the Vancouver Convention Centre in Vancouver, British Columbia, on Jan. 12-14, 2023. The premier event for seasoned professionals, recreational and medical consumers, industry associations, sectoral pioneers, dedicated media, and specialist investors engaged in the cannabis sector will feature more than 130 expert speakers. In addition, various sessions will showcase exclusive educational content, including presentations and panel discussions that shed light on the opportunities and day-to-day challenges across every facet of the Canadian cannabis business sector. The agenda will shed light on key topics, including trends…

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TuesdaySep 27, 2022 3:38 pm

CannabisNewsBreaks – The Alkaline Water Company Inc.’s (NASDAQ: WTER) (CSE: WTER) Alkaline88(R) Available in Costco Business Centers

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, has entered an agreement for its Alkaline88 one-gallon 4-pack to be sold in 15 Costco Business Centers around the country. One of the largest retailers in the world, Costco has more than 110 million members and operates 575 warehouses in the United States and Puerto Rico; its Costco Business Centers focus on serving small business and other enterprises, although all members can shop at the locations. “Costco members shopping at 15 select business centers around the U.S. will now be able to purchase Alkaline88 by the case,”…

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TuesdaySep 27, 2022 11:15 am

CannabisNewsBreaks – Hero Technologies Inc. (HENC) Moves to Purchase Property for Michigan-Based Cannabis Operations

Hero Technologies (OTCQB: HENC), a cannabis company focused on a “seed-to-sale” vertical integration strategy, today announced that it has finalized a real estate purchase agreement for a 10-acre property in Vassar, Michigan. The company plans to use the property, which is zoned for cannabis use, as its base of operations in the state, including indoor and outdoor growing, processing, wholesaling, and selling directly to consumers. “We are delighted to report this important milestone in our company's history,” said Hero Technologies’ CEO Gina Serkasevich. “Michigan is a key market for us, with legal cannabis sales expected to increase as much as…

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