Organigram Receives Organic Certification for Recreational Cannabis
MJCA
by MJCA
5y ago
MONCTON, NB, May 31, 2019 /CNW/ – Organigram Holdings Inc. (TSXV: OGI) (NASDAQ: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce its recreational cannabis plants and growing processes have been certified organic with Pro-Cert Organic Systems Ltd. (“Pro-Cert”). Pro-Cert is one of North America’s foremost certification bodies and is accredited by IOAS to provide third party certification to the Canadian Organic Standards. As a licensed producer of medical and adult-use recreational cannabis, Organigram ..read more
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Curaleaf Reports First Quarter 2019 Financial and Operational Results
MJCA
by MJCA
5y ago
Reported Pro Forma Revenue(1)(2) of $75.1 million in First Quarter 2019 Delivered Managed Revenue(1) of $40.7 Million in First Quarter 2019 through Continued Expansion of Market-Leading Operational Footprint Announced Acquisition of Select, the Leading Cannabis Wholesale Brand in the U.S. WAKEFIELD, Mass., May 30, 2019 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTC: CURLF), a leading vertically integrated cannabis operator in the U.S., today reported its financial and operating results for the first quarter ended March 31, 2019. All financial information is provided in U.S. d ..read more
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IAnthus Reports Fiscal First Quarter 2019 Financial Results
MJCA
by MJCA
5y ago
Pro Forma Revenues of $18.5 Million, up 22% From Previous Quarter Revenue generating in nine of 11 states and a footprint allowing for up to 68 dispensariesPro forma revenues1 for the first quarter were $18.5 million, up 22% sequentially from the prior quarterPro forma revenues in April were approximately $8.5 millionIncreased wholesale distribution to 110+ doors across 3 statesCBD For Life acquisition expected to close in June; currently distributed in more than 1,000 retail locations across 46 statesHired acclaimed brand-builder Neil Calvesbert as Chief Marketing Officer to lead brand bui ..read more
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Zenabis Global Announces First Quarter 2019 Financial Results
MJCA
by MJCA
5y ago
Results Reflect Rapid Corporate Development and Significant Revenue Momentum VANCOUVER, May 30, 2019 /CNW/ – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company“) today announced its financial results for the first quarter ended March 31, 2019 and provided an update on operations. This is Zenabis’ first quarterly financial report since the public listing of its shares in January of 2019. “The public listing of our shares, and our recent graduation to the Toronto Stock Exchange, reflect the ambitions we have for our company, and are important milestones in the Zenabis growth story ..read more
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Planet 13 Announces First Quarter 2019 Financial Results
MJCA
by MJCA
5y ago
Q1 Revenue of $13.8 million with the SuperStore now generating over $5 million per month in revenue.SuperStore accounted for ~8.2% of all cannabis dispensary revenue for Nevada in January and February.Q1 EBITDA of $1.3 million and Cash Flow from Operating Activities of $2.6 million.Well capitalized with $20 million to complete all growth initiatives.All figures are reported in United States dollars ($) unless otherwise indicated LAS VEGAS, May 30, 2019 /CNW/ – Planet 13 Holdings Inc. (CSE: PLTH) (OTCQB: PLNHF) (“Planet 13” or the “Company“), a leading vertically-integrated Nevada cannabis c ..read more
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Curaleaf Completes Acquisition of Emerald Dispensary
MJCA
by MJCA
5y ago
WAKEFIELD, Mass., May 30, 2019 /CNW/ — Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced that it completed the acquisition of the Emerald dispensary in Gilbert, Arizona, whose license is held by Absolute Healthcare, Inc., an Arizona non-profit corporation. The signing was announced earlier on May 21, 2019 and the transaction was closed on May 29, 2019. The dispensary is expected to be rebranded as Curaleaf over the next month. Emerald is the only dispensary licensed to operate in the Town of Gilbert whi ..read more
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Beleave Expands Product Line with New BeleaveBranded Product Shipped to the OCS
MJCA
by MJCA
5y ago
Beleave’s San Fernando Valley marks the first Beleave-branded product marketed to the recreational market. Toronto, Ontario–(Newsfile Corp. – May 30, 2019) – Beleave Inc. (CSE: BE) (OTCQX: BLEVF) (“Beleave” or the “Company“) is pleased to announce that it has fulfilled its first shipment of a new Beleave-branded product line for the recreational market. The purchase order was placed by the Ontario Cannabis Store (“OCS“). San Fernando Valley, the initial strain to be sold under the new Beleave recreational label, marks the first time Beleave has marketed recreational cannabis under its o ..read more
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Fire & Flower Completes Additional Acquisition to open Cannabis Retail Store in Banff, Alberta
MJCA
by MJCA
5y ago
/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES/ EDMONTON, May 29, 2019 /CNW/ – Fire & Flower Holdings Corp. (the “Company”) (TSXV: FAF) is pleased to announce that its wholly-owned subsidiary, Fire & Flower Inc. (“Fire & Flower”) has completed the acquisition of all issued and outstanding shares (the “Acquisition”) of 2103430 Alberta Ltd., the developer of a proposed cannabis retail store in the Town of Banff, Alberta (the “Banff Location”). The Banff Location has received one of four development permits issued by the Banff Muni ..read more
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WeedMD to Convert Aylmer Facility to Cannabis Extraction ( and Processing Hub
MJCA
by MJCA
5y ago
Fully-licensed facility to be optimized for extract and concentrate production with capacity of more than 200,000 kgs of biomass by 2020 TORONTO, May 29, 2019 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce that it is converting its fully-licensed 26,000 sq. ft. Aylmer, Ontario facility to a large-scale cannabis extraction and processing operation.  “WeedMD is optimizing its two licensed facilities to allow each to focus on a core vertical and ..read more
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Organigram fulfills gap in Canadian CBD Market with Edison CBD Oil
MJCA
by MJCA
5y ago
Company sends initial shipments of more than 130 thousand units MONCTON, NB, May 29, 2019 /CNW/ – Organigram Holdings Inc. (TSX VENTURE: OGI) (NASDAQ: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce it has recently shipped more than one hundred and thirty thousand units of pure cannabidiol (CBD) oil destined for markets across Canada. The recent legalization of adult-use, recreational cannabis in Canada has resulted in an increased demand for CBD, a naturally occurring compound in cannabis which ..read more
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