Core Viewpoint - C21 Investments Inc. has reached a settlement agreement regarding litigation involving Proudest Monkey Holdings, resolving claims related to contract and employment disputes, and agreeing to a cash payment and share issuance to the plaintiffs [1][4][5]. Group 1: Settlement Agreement Details - The settlement includes a total cash payment of US$2,400,000, with an initial payment of US$500,000 due by September 12, 2025, followed by monthly payments of US$100,000 over 19 months [4]. - The company will also issue 555,793 common shares to certain vendors as part of the settlement [4]. - The settlement resolves all claims in the Oregon and British Columbia actions, with no admission of liability from any party involved [4][6]. Group 2: Background of the Litigation - The litigation arose from allegations made by two vendors of Proudest Monkey regarding breaches of the EFF Agreement, which was established when C21 acquired Eco Firma Farms LLC [2][3]. - The company had previously notified the vendors of alleged breaches, leading to the initiation of the British Columbia action [3]. Group 3: Financial Implications - The settlement will offset cash liabilities related to the settlement amount against the extinguishment of $1,156,259 in convertible notes and $612,500 in accounts payable related to the litigation [5].

Why Cheech And Chong’s $100 Million Cannabis Empire Is No Joke https://t.co/t8OJEQAhQn https://t.co/saDctjeKuk ...

Weed has always paid off for the godfathers of stoner comedy. Now they’ve built a company that sells THC-infused edibles, drinks and of course some tasty bud, all of which brings in some serious green. https://t.co/WDKTy7p4da (Photos: Cheech & Chong) https://t.co/Sj86STjyXZ ...

Top Performing Leveraged/Inverse ETFs Last WeekThese were last week’s top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework.1. CEFZ – RiverNorth Active Income ETFCEFZ, which invests in various global assets to generate long-term growth and income, again tops the list for the fourth consecutive week with gains of ~56%. The CEFZ ETF has experienced an upward trend recently. A shift from a mutual fund to an ETF status is positiv ...

LONG BEACH, Calif. and TORONTO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX:GHBWF), one of the fastest-growing, vertically-integrated cannabis companies in the U.S., today announced with great sadness the passing of Mr. George Raveling, a valued member of the Company’s Board of Directors and the Glass House family. Mr. Raveling joined the Board in 2021 when the company went public, bringing with hi ...

This marks the first export of organic certified flower for SMGH, 20th international market for Aureus branded products and 23rd market for all Avicanna products TORONTO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing and commercialisation of plant-derived cannabinoid-based products is pleased to announce that through its majority-owned subsidiary Santa Marta Golden Hemp ...

  September 3, 2025 – TheNewswire - Vancouver, B.C. – Herbal Dispatch Inc. (CSE: HERB) (“Herbal Dispatch” or the “Company”) is pleased to provide this update to its news releases filed on July 29, 2025, and August 28, 2025, respectively, whereby the Company announced its intention to complete a non-brokered private placement ("Private Placement") of up to 20,000,000 units of the Company (the “Units”) at a price of $0.05 per Unit for gross proceeds of up to $1,000,000. Due to strong interest in the Private ...

Cannabis companies are increasingly using an arcane legal tool as competition in the weed industry is forcing former startups to restructure their debts. Read it here in The Brink. https://t.co/MmGOHm7Byv ...

Key Takeaways High Tide expanded to 203 Canna Cabana stores across Canada by July 2025.HITI's Canna Cabana captured 12% retail share with 2.3X peer revenue per store.Ontario's raised store cap supports High Tide's growth in Canada's biggest market.Over the past few quarters, High Tide’s (HITI) Canna Cabana retail cannabis store has demonstrated steady expansion across Canada. In early 2025, the company launched a new store in Cochrane, AB. In May, it launched another new store in Cornwall, ON. Just weeks la ...

Since mid-year, the Twittersphere has been replete with comments that cannabis was about to be moved from a Schedule 1 to a Schedule 3 substance. Those comments gained increased credibility on August 11th when PresidentI am the author of Asset/Liability Management (1981) and The Investor's Guide to Cannabis Stocks (2021). After enjoying a successful and varied career as an author, commercial banker, investment banker, city treasurer, investment adviser, NASD arbitrator, consultant, tenured university profes ...