California Marijuana

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TALLAHASSEE, Fla. — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the U.S., today announced the closing of a commercial loan secured by a cultivation and manufacturing facility located in West Virginia for aggregate gross proceeds of $18.9 million. Trulieve will pay interest at a fixed rate of 7.3% for the first five years of the ten-year loan. After five years, the rate resets at five-year Treasury plus 3.5% for the remainder of the loan. The Company may prepay the loan with cash from operations with no prepayment penalties at any time. The Company intends to use the net loan proceeds for general corporate purposes. “We are pleased to announce our second non-dilutive financing this month,” said Trulieve Chief Executive Officer, Kim Rivers. “This financing at attractive terms further bolsters our cash position as we enter 2023.” About Trulieve Trulieve is an industry leading, vertically integrated

BARRIE, ON – MediPharm Labs Corp. TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm”, “MediPharm Labs” or the “Company”) and VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) (“VIVO”) today announced that MediPharm and VIVO have entered into a definitive arrangement agreement (the “Arrangement Agreement”) whereby MediPharm has agreed to acquire VIVO in an all-equity business combination transaction (the “Transaction”). The Transaction is expected to combine two highly complementary businesses, creating a unique and market differentiating international medical cannabis leader. Upon the completion of the Transaction, existing MediPharm shareholders are expected to own between 65% and 79% of the combined company resulting from the Transaction (the “Combined Company”) and VIVO shareholders are expected to own between 35% and 21% of the Combined Company. Under the terms of the Arrangement Agreement, holders of common shares of VIVO (“VIVO Shares”) will receive between 0.2110 and 0.4267 common

MADISON, Wis. — Wild Theory CBD Co., a local, family-owned CBD company, is excited to announce their newest trailblazing CBD product: Strata PM THC + CBD + CBN Gummies. Alongside its therapeutic CBD and THC content, Strata PM boasts the inclusion of CBN, the cannabinoid best known to induce relaxation and deep, restful sleep. Shortly after founding vitamin and supplement store The Healthy Place in 2010, Tim and Becki O’Brien widened their expertise toward the CBD market. Wild Theory CBD Co. came to fruition as the family team noticed the need for high-quality CBD products available at affordable prices. Now, they successfully provide CBD oils, topicals, and gummies that help resolve health issues and improve daily living for their customers everywhere. CBD: 30mg THC: 2.5mg (0.3% by weight) CBN: 15mg Flavor: strawberry Uses: enhances sleep quality and duration, relieves insomnia, pain, and anxiety It’s no secret that sleep has increasingly worsened for Americans in recent years,

LOS ANGELES — STIIIZY was born and raised in the neighborhoods of L.A. so we’ve made giving back to the communities we serve a part of everything we do. “Uplifting those around us has been a part of STIIIZY’s culture from the beginning and we’re driven to make cannabis a force for good,” said DeRon Waller, STIIIZY’s Director of Social Impact. “But we know lasting change doesn’t happen overnight, and that we can’t do it alone.” So while supporting the people and organizations that strengthen our communities is a year-long effort, the giving season is a natural time to ramp up our efforts, and we wanted to run down some of the events and partnerships STIIIZY has supported this giving season in the hopes that you’ll join us in supporting them: 40 Tons: Sponsoring five families of individuals serving time for non-violent cannabis convictions. Change And New Beginnings (CANB): Helping those experiencing homelessness by providing shelter and clinical services to families transitioning t

NEW YORK  — Housing Works Cannabis Co, one of the first recreational cannabis dispensaries to be awarded a CAURD license in the state of New York, is coming to Manhattan with a soft opening scheduled on Thursday, Dec. 29. The storefront located at 750 Broadway in the Astor Place neighborhood is operated by Housing Works, an iconic nonprofit dedicated to relentless advocacy and lifesaving services for tens of thousands of New Yorkers in need. “This is a once in a lifetime moment,” said Sasha Nutgent, Store Manager of Housing Works Cannabis Co. “That said, our nonprofit’s mission remains as urgent as ever. We are eager to take the lead as a social equity model for America’s cannabis industry, specifically with our hiring practices and continued support of individuals and communities disproportionately impacted by the unjust War on Drugs.” All proceeds from dispensary sales will be directed to parent organization Housing Works, Inc., founded in 1990 to address the dual crises of HIV/AID

TALLAHASSEE, Fla. — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the United States, announced today it has entered into a voluntary agreement with the Department of Labor’s Occupational Safety and Health Administration (OSHA) that will result in additional health and safety protections for Trulieve workers at its cannabis manufacturing facilities.  Workers throughout the industry will benefit from the steps taken by this settlement. “We’re pleased to have entered into this agreement with OSHA,” said Kim Rivers, CEO of Trulieve. “We are proud of the many protections we have already put in place for our workers. However, as an industry leader in what is still a relatively new manufacturing business, we want to continue to establish best practices, so our workers can have the health and safety assurances they need.” Under the agreement, Trulieve will undertake a study to determine whether ground canna

LOS ANGELES — Kx Family Care, founded by Stephen Marley, today announced their all natural, plant-based, CBD personal care line for the entire family. Kx Family Care embraces the native healing botanicals and natural beauty of Jamaica by utilizing plant-based healing elements at the core of their products. The debut collection features the brand’s limited edition holiday bundle, including two of Stephen’s favorite products, the multipurpose Hair and Beard Oil and the Pain Relief Balm, available now exclusively at www.kxfamilycare.com for $99. “Due to my love for the hemp plant and all the various uses, Kx Family Care was a natural progression for me,” said Stephen Marley, founder of Kx Family Care. “This brand is authentic in every way, from the natural infusion of Jamaican botanicals in our products, to the eco-friendly wood and glass packaging we use. Family, natural health, sustainability and respect for the many uses of the hemp plant is what we’re all about.” Stephen Marley an

SAN FRANCISCO — The global CBD skin care market size is expected to reach USD 8.62 billion by 2030, registering a CAGR of 31.5% over the forecast period, according to a new report by Grand View Research, Inc. The awareness regarding CBD-based skin care products has increased significantly over the last few years owing to their excellent medicinal properties. Key Industry Insights & Findings from the report: North America held the largest revenue share in 2022 owing to the easy production and trade of cannabis in the region. The masks & serums segment is projected to register the fastest growth rate during the forecast period owing to their easy application and fast results. E-commerce is estimated to register the fastest CAGR during the forecast period owing to the availability of a wide range of products at a single e-commerce platform or stores. Hemp-based CBD products are expected to maintain dominance over the forecast period owing to their rising popularity among ski

TORONTO –  TerrAscend Corp. (“TerrAscend”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced that its subsidiary, WDB Holding PA, Inc., has completed an amendment (the “Amendment”) to its existing $115 million senior secured term loan in Pennsylvania (the “Loan”). “TerrAscend has taken significant measures recently to reduce its outstanding debt and interest expense, further strengthening our path to positive sustainable cash flow from operations,” said Jason Wild, Executive Chairman of TerrAscend. “The Company has access to multiple additional sources of funds, many of which are non-dilutive and non-interest bearing in nature, and we intend to explore all options for continued debt reduction and balance sheet optimization,” continued Mr. Wild. The Amendment will reduce Company debt by $35 million and annual interest expense by $5 million. Combined with recently announced debt retirement of $125 million, Company debt will be reduced by a cumulati

Emerald Cup wrapped its second annual Harvest Ball this past weekend in Santa Rosa, CA. The organization continues to gather its community, celebrate small farms, and set the pace for global cannabis conversations while providing a platform for music discovery. The grassroots feedback on the historically inclusive festival has been overwhelmingly positive from the connoisseurs and curious who made the trip from around the world, particularly from brands and farmers who experienced large crowds of enthusiastic attendees all weekend long. On Saturday, December 10th, a large and diverse crowd of cannabis fans converged at the Sonoma County Fairgrounds in Santa Rosa, CA. The energy was electric despite periods of rain showers while consumers, industry leaders, and the Emerald Cup community poured into the festival to participate in thoughtful Emerald Cup Sessions panels, and listened to various musical performances from local and chart-topping artists. In a moment only possible at the

JERUSALEM – The Hebrew University of Jerusalem (HU), a world leader in cannabis research and development, is launching a 13-session medical cannabis course to better educate doctors, nurses, pharmacists and other medical professionals about new cannabinoid treatments, practices, and the latest research. The Hebrew University Multidisciplinary Center for Cannabinoid Research (HU-MCCR) includes Prof. Raphael Mechoulam, known as the “Father of Cannabis Research” for his significant discoveries in this field over the past 55 years. Other MCCR experts include Prof. Yossi Tam, and Hadassah Medical Center’s Prof. Yakir Rottenberg. “The importance of medical cannabis education is undisputed,” says Prof. Tam, director of the MCCR. “As cannabis is becoming legalized in an increasing number of countries, it is more important than ever for doctors to understand this drug, its myriad uses, its benefits, as well as its current shortcomings. Our course reflects the expertise and extensive knowledg

SHENZHEN, China  — CILICON , the world-leading innovative technology cannabis vaporizer company, has announced its latest ceramic heating technology Reoregin . With a substantial technological leap designed to disinter all possible levels of terpenes’ flavor and aroma, Reoregin ‘s heating component is equipped with an enlarged heating source that enables a lower vaporizing temperature setting and an even heat distribution system to restore the most original terpene flavor, while offering a stunning fluent vaping experience. The amazing Reoregin also features greater ceramic porosity and a broad cuboid mesh heating coil to make an even more instant yet balanced vaporizing performance. Reoregin design can maximize the actual heating area in the heating element while reducing air blockage to deliver a natural, fast, and explosive vaping experience. “Our team has great passion and confidence in innovating cannabis vaporizers and the flagship technology. We’re excited to unveil the Reore

DENVER – MJBiz Chief Executive Officer Chris Walsh , who has been with the company since its founding in 2011, will depart in January, MJBiz announced Friday. Walsh indicated he will take some time off before seeking new opportunities. As founding editor, Walsh developed the content strategy and direction for the website Marijuana Business Daily (now MJBizDaily ), one of the first media outlets aimed at industry professionals. He also oversaw the development and publication of the print trade journal Marijuana Business Magazine (now MJBiz Magazine ), the annual data guide Marijuana Business Factbook (now MJBiz Factbook ), and the HempIndustryDaily.com website. Walsh was named president of MJBiz in early 2019 and became CEO January 1, 2020, after co-founder Cassandra Farrington stepped down. As the chief executive, he has been responsible for day-to-day management and strategic initiatives not only for the publishing end of the business, but also for the annual trade show MJBizCo

While much of the conversation about innovation has been centered on new scientific studies and technology that maximize both product quality and variety, it’s likely the next crest of the green wave will be focused on branding and retail. After all, the industry needs sophisticated and convenient establishments to sell all these new, cutting-edge products. The demographics of the average cannabis consumer are changing rapidly, and to achieve sustainable success, dispensaries and brands need to be flexible in creating brands and retail experiences that exceed expectations . The future of the cannabis consumer environment poses a few interesting questions: How will retail stores adapt to a more educated and experienced consumer base once cannabis becomes ubiquitous and fully enters the mainstream? Will we see a cannabis brand emerge as an ultimate household name—the “Coca-Cola of cannabis,” if you will? First, let’s take a cue from the supermarket and grocery industry as we aim t

The cannabis industry is struggling through its lowest wholesale prices in years, and a series of recent Federal Reserve short-term borrowing rate hikes may add to the challenges. But despite the current conditions, New Frontier Data expects cannabis sales in the United States to grow by more than $10 billion between 2022 and 2025 and global cannabis sales to reach nearly $51 billion by 2023. Businesses that survive this cycle of market volatility will rely on the quality, efficiency, and ingenuity of their operational processes to keep costs low enough to generate revenue. Equipment with unique and scalable technology, like the Mobius M108S Trimmer , has the potential to keep production running efficiently during lean times while presenting opportunities for a competitive spot in the brighter days to come. Mobius 108S Trimmer (Photo: Mobius) In Colorado, wholesale prices have hit the lowest point in almost a decade, falling from $1,876 per pound in 2014 to $658 per pound in

Here is the ugly truth: Despite increasing consumer demand for sustainable packaging containing quality products, the cannabis industry produces billions of units of single-use packaging every year. The industry must develop a circular packaging model that reduces the impact of single-use packaging. For decision-makers at cannabis brands, sourcing sustainable packaging requires an objective assessment of a material’s impact throughout the value chain. An accurate examination of packaging’s environmental footprint begins with evaluating both the upstream and downstream environmental impacts of packaging materials at the local, regional, and global levels. These ecological impacts must be evaluated equally while sourcing from sustainable packaging companies, and such an assessment inherently will prompt a discussion about the trade-offs between different packaging materials. Upstream impacts In my pursuit of truly eco-conscious products, I have found materials with significant upstr

Ever since adult legalization took hold across the United States, retail trends and consumer buying habits in the cannabis industry have been something of an enigma and a moving target. When the coronavirus pandemic hit in 2020, operators buckled up for a rollercoaster ride that ended up being a boon, validating companies as “essential services,” boosting revenues, and accelerating market growth. As the pandemic waned, however, it became apparent COVID-19 created market anomalies. Companies are still trying to sort those out as consumers return to pre-pandemic buying habits. Industry analysts at Headset recently provided some data, perspective, and insight into the new normal for cannabis markets out west.  “From March 2020 to March 2021, legacy cannabis markets saw drastic increases in growth,” according to the analysts. “In the beginning months of the pandemic, for example, Colorado’s total adult-use sales grew by 63 percent from February to July 2020. From March 2020 to March 2021