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TerrAscend Announces Results of Annual General Meeting
Globenewswire· 2025-06-24 20:30
TORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND, OTCQX: TSNDF), a leading North American cannabis company, today announced the results of its annual meeting of shareholders held on June 24, 2025 (the "Meeting"). Common shareholders at the Meeting affirmatively approved the following resolutions: The re-election of Mr. Craig Collard, Ms. Ira Duarte, Mr. Ed Schutter, Ms. Kara DioGuardi and Mr. Jason Wild as directors of the Company for the ensuing year, ...
THC Therapeutics, Inc. Announces Acquisition of Oregon and California Consortium of Cannabis Companies
Globenewswire· 2025-06-24 12:30
Breakthrough Transaction Unites Segment Leaders into a Powerful and Flexible Player in the Legal Cannabis IndustryMEDFORD, Ore., June 24, 2025 (GLOBE NEWSWIRE) -- THC Therapeutics, Inc. (“THCT” or the “Company”), (OTC: THCT), a company focused on the emerging and dynamic legal and regulated cannabis industry, announced today that it has acquired all of the issued and outstanding ownership interests of The Headquarters Group, Inc. (“THG”) in an all-share transaction valued at approximately $11,000,000 (the " ...
Red White & Bloom Brands Announces New Date for Annual General Meeting
Globenewswire· 2025-06-24 11:00
TORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) announces that its Annual General Meeting (“AGM”), originally scheduled for Friday, June 27, 2025, has been rescheduled to Friday, July 11, 2025. The change will allow for the completion and filing of the Company’s audited financial statements and accompanying management discussion and analysis for the year-ended December 31, 2024, both of which will be presented at the AGM. The change to the annual ...
Tilray Medical Receives Italy’s First Authorization from the Ministry of Health to Distribute Medical Cannabis Flower for Therapeutic Use
Globenewswire· 2025-06-24 11:00
Core Insights - Tilray Medical has achieved a significant milestone in its European expansion by introducing three new medical cannabis flower varieties in Italy, becoming the first company in the country to receive official authorization from the Italian Ministry of Health for the import and distribution of its proprietary medical cannabis products [1][2]. Group 1: Product Launch and Regulatory Approval - The newly approved Tilray Medical products are now available for therapeutic use in pharmacies across Italy, highlighting the company's commitment to providing high-quality, EU-GMP certified medical cannabis [2]. - The authorization from the Italian Ministry of Health underscores the importance of medical cannabis as a therapeutic option for patients, enhancing their health and well-being [2]. Group 2: Company Background and Market Position - Tilray Medical is dedicated to providing safe and reliable access to a global portfolio of medical cannabis brands, having evolved from one of the first licensed producers in Canada to a leading supplier in Europe with EU-GMP certified production facilities in Portugal and Germany [3]. - The company operates in multiple European countries, including Germany, Italy, Portugal, Poland, and the United Kingdom, reinforcing its leadership in the European medical cannabis market [2]. Group 3: Corporate Mission and Vision - Tilray Brands, Inc. aims to be a leading global lifestyle and consumer packaged goods company, focusing on cannabis, wellness, and entertainment, with a mission to inspire joy and create memorable experiences through its diverse portfolio of over 40 brands [5].
Aurora Sets New Standard in Poland with the Launch of Two High Potency Flower Products
Prnewswire· 2025-06-24 11:00
Core Insights - Aurora Cannabis Inc. has launched two new proprietary cultivars in Poland, marking the highest potency medical cannabis products available in the country [1][2] - The new products, Farm Gas and Sourdough, are designed to meet the demand for high-quality, high-potency medical cannabis among prescribers and patients [2][3] - Aurora emphasizes its leadership in the international medical cannabis market, leveraging its scientific expertise and understanding of regulatory landscapes [3] Product Details - Farm Gas has a THC content of 27% and less than 1% CBD, with a unique aroma profile featuring notes of kerosene, diesel, and a sweet fruit sherbet finish [7] - Sourdough boasts a THC content of 29% and less than 1% CBD, characterized by sour, cake, and gasoline notes in its aroma profile [7] - Both cultivars are hang-dried and hand-finished, showcasing the company's commitment to quality [2] Company Overview - Aurora Cannabis Inc. operates in the medical and consumer cannabis markets across Canada, Europe, Australia, and New Zealand [4] - The company is known for its diverse brand portfolio, including both medical and adult-use cannabis brands [4] - Aurora holds a controlling interest in Bevo Farms Ltd., a leading supplier of propagated agricultural plants in North America [4]
Cronos Group Inc. Announces Results of 2025 Annual Meeting of Shareholders
Globenewswire· 2025-06-23 21:30
Group 1 - Cronos Group Inc. held its Annual Meeting of Shareholders on June 20, 2025, with 276,989,452 common shares voted, representing 71.87% of total outstanding shares [1] - All nominated directors were elected, each receiving over 92.3% of the votes in favor of their election, with specific percentages for each director ranging from 92.38% to 96.94% [2] - An advisory resolution on the compensation of named executive officers was approved with 94.13% of votes in favor, and Davidson & Company LLP was appointed as the independent auditor for fiscal year 2025 [2] Group 2 - Cronos is a global cannabinoid company focused on cannabis research, technology, and product development, aiming to build a strong brand portfolio including Spinach®, PEACE NATURALS®, and Lord Jones® [4]
Jushi and Real Housewives Star Stacey Rusch Celebrate Successful Launch of Lifestyle Cannabis Brand ‘Shayo’
Globenewswire· 2025-06-23 20:37
Core Insights - Jushi Holdings Inc. has launched a new cannabis-infused wellness brand named Shayo in partnership with entrepreneur Stacey Rusch, targeting Virginia's medical cannabis market [1][3] - Shayo aims to provide a unique edible experience with products that emphasize joy and wellness, featuring two distinct rosin-infused fruit chews [2][3] Product Details - Shayo offers two products: Rise (Blood Orange Pomegranate) with a THC:CBG ratio of 1:2, and Rest (Berry Vanilla) with a THC:CBN ratio of 1:2, both designed for specific wellness outcomes [2] - The products are vegan, gluten-free, non-GMO, and made with natural fruit purées, highlighting their premium quality [2] Market Presence - Shayo products are currently available at all six Beyond Hello locations in Virginia, with plans for expansion to additional dispensaries across the state [3] - The early success of Shayo has exceeded expectations, indicating strong market reception [3] Company Background - Jushi Holdings Inc. is a vertically integrated cannabis company focused on building a multi-state portfolio of branded cannabis assets through acquisitions and competitive applications [6] - The company aims to maximize shareholder value while delivering high-quality products across the cannabis ecosystem [6]
AYR Wellness Extends Limited Waiver Agreement with Senior Noteholders
Globenewswire· 2025-06-20 11:00
Core Viewpoint - AYR Wellness Inc. has entered into an Extended Agreement to extend the temporary waiver period related to its financial obligations, allowing for continued negotiations with senior lenders and exploration of strategic options to strengthen its capital structure [1][2][3] Group 1: Extended Agreement Details - The Extended Agreement extends the waiver period from June 19, 2025, to July 3, 2025 [1] - The waiver pertains to defaults related to the delay in filing interim financial statements for the quarter ended March 31, 2025, and specific payment defaults under other outstanding indebtedness [2] - This extension does not permanently waive existing defaults but facilitates ongoing dialogue to address financial obligations [3] Group 2: Company Overview - AYR Wellness is a leading vertically integrated U.S. multi-state cannabis operator with over 90 licensed dispensaries [5] - The company is committed to delivering high-quality cannabis products while positively impacting its team members and the communities it serves [5]
Cannara Biotech to Host Investor Webcast on June 25th, 2025
GlobeNewswire· 2025-06-19 12:00
Core Points - Cannara Biotech Inc. is hosting a webcast investor presentation on June 25, 2025, at 2:00 PM ET, led by CFO Nicholas Sosiak [1] - The presentation will cover key areas of Cannara's business, followed by an interactive Q&A session for investors [1] - An archived version of the webcast will be available on the company's website [1] Company Overview - Cannara Biotech Inc. is a vertically integrated producer of affordable premium-grade cannabis and cannabis-derivative products for the Canadian markets [2] - The company operates two mega facilities in Québec, covering over 1,650,000 sq. ft., with a potential annualized cultivation output of 100,000 kg [2] - Cannara leverages Québec's low electricity costs to produce premium-grade cannabis products at competitive prices [2]
Auxly Announces Non-Binding Agreement to Amend and Extend BMO Credit Facility and Settlement of all Amounts owing to Imperial Brands
Prnewswire· 2025-06-19 11:30
TORONTO, June 19, 2025 /PRNewswire/ - Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the "Company"), a leading consumer packaged goods company in the cannabis products market, is pleased to announce that it has entered into two agreements that will strengthen its balance sheet, reduce debt, and support long-term growth: A non-binding agreement (the "Term Sheet") to amend and restate the Company's existing syndicated credit facility led by the Bank of Montreal ("BMO"), and An exchange agreem ...