Author : CCT IMPACT Agent

Sundial Growers Announces Up To $140 Million Corporate Credit Facilities with ATB Financial and Bank of Montreal

CCT IMPACT Agent
Sundial Growers Inc. (Nasdaq:SNDL) (“Sundial” or the “Company”) announced today that it has entered into a syndicated credit agreement (the “Credit Agreement”) with ATB Financial (“ATB”) and Bank of Montreal (“BMO”) as co-lead arrangers and joint bookrunners (collectively the “Lenders”) with ATB as administrative agent and BMO as syndication agent. Under the......

SOL Global Reports First Quarter Results for the Three-Month Period Ending June 30, 2019

CCT IMPACT Agent
SOL Global Investments Corp. (“SOL Global” or the “Company“) (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB), an international company focused on cannabis and cannabis-related ventures, released its financial results as at and for the three-month period ended June 30, 2019. All figures are reported in Canadian dollars ($), unless otherwise indicated. Despite sector-wide......

Harborside Inc. Announces Second Quarter and First Half 2019 Results

CCT IMPACT Agent
Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR), today reported financial results for the three and six months ending June 30, 2019. All figures are reported in U.S. dollars unless otherwise stated. Financial Highlights Second quarter revenue increased 19.8% year-over-year to $12.7 million, driven by 6.5% growth in retail revenue and 208%......

Pyxus International, Inc. Partners with Cornell University to Advance Critical Research on Hemp Cultivation

CCT IMPACT Agent
Pyxus International, Inc. (NYSE: PYX), a global value-added agricultural company, has signed an agreement with Cornell University’s College of Agriculture and Life Sciences (CALS) to fund research designed to identify and address knowledge gaps surrounding hemp production through the evaluation of cannabidiol (CBD) hemp cultivars and cannabinoid production. The partnership between the premier......

Beijing Talks Tough, Calls Canada & US Marijuana Legalization a “New Threat to China” – Freedonia Group Analysis

CCT IMPACT Agent
According to Liu Yuejin, deputy director of the China National Narcotics Control Commission, the legalization of marijuana in Canada and some US states constitutes a “new threat to China”, as he attributed new, more permissive North American cannabis laws to an uptick in drug smuggling into China. China Sees Spike in Cannabis Use Following......

GB Sciences Names Darin Carpenter as Executive Vice President of Cannabis Operations

CCT IMPACT Agent
Sciences, Inc. (OTCQB: GBLX) today announced the appointment to GB Sciences’ executive team of Darin Carpenter as the company’s new Executive Vice President for Operations and General Manager, bringing his extensive and nationally-recognized experience streamlining production, improving product quality, and increasing profitability to GBS. “Darin’s distinguished track record says it all. He comes......

TerrAscend Enters Into Agreements to Acquire State Flower, an Ultra-Premium California Cannabis Brand

CCT IMPACT Agent
TerrAscend Corp. (CSE: TER;OTCQX: TRSSF) (“TerrAscend” or “the Company”) the first and only cannabis company with  sales in Canada, the US and the EU, today announced the signing of definitive agreements for a series of transactions to purchase ABI SF, LLC, which operates a Bay Area cannabis cultivation facility and owns the......

EcoGen Laboratories Creates Strategic Proprietary Extraction Equipment to Advance Supply Chain

CCT IMPACT Agent
EcoGen Laboratories, the leading vertically-integrated manufacturer and supplier of hemp-derived specialty ingredients in the United States, announced the advancement of their proprietary extraction equipment responsible for the company’s strategy behind advancing their supply chain. Engineering design and fabrication of industrial scale extraction equipment is what sets EcoGen Laboratories apart from its......

SOMA District Dispensary Upgrades Tech With Alt Thirty Six

CCT IMPACT Agent
Located next door to technology pioneers the likes of Stripe, Uber, Square, Twitter and Airbnb, two companies are joining forces to lead the charge in a seismically disruptive tech trend that’s revolutionizing the cannabis industry. One of the most trusted and longstanding therapeutic cannabis collectives in San Francisco, ReLeaf Herbal Cooperative,......