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Showing posts from June, 2023

Planet 13 Announces the Return of Cannabition an Immersive Cannabis Experience Designed by Renowned Broadway Creative Director David Korins

LAS VEGAS — Planet 13 Holdings Inc. (CSE:PLTH)(OTCQX:PLNHF) (“Planet 13” or the “Company”), a leading vertically-integrated multi-state cannabis company, today announced the return of Cannabition (headed by Keneh Ventures), a brand-new 12,000 square foot whimsical and visually breathtaking environment, tailor-made for cannabis enthusiasts seeking an awe-inspiring and “Instagrammable” experience. Leading the charge as Creative Director is David Korins, the visionary genius behind the dazzling sets of Broadway’s most iconic recent blockbusters, including Hamilton, Dear Evan Hansen, Beetlejuice, and many more. Recently recognized as one of AdWeek’s ‘Creative 100,’ Korins brings his unparalleled creativity and expertise to spearhead the mesmerizing design of Cannabition’s 12,000 square foot presence. “I’ve had the incredible privilege of visually telling some of the most extraordinary stories in recent years, but none compare to the history, passion, tragedy, and triumph embodied by...

NETA to Launch New Cannabis Infused Premium Drink Best Dirty Lemonade in Massachusetts Market

BROOKLINE, Mass. – The story of Best Dirty Lemonade begins with a son wanting to help his mother who was struggling with early onset Alzheimer’s and the debilitating effects of the disease. Omari Anderson understood the benefits of cannabis in his personal life and created Best Dirty Lemonade, a cannabis-infused premium non-carbonated drink, to try to bring comfort to his mother. He saw how it provided some much-needed relief before her passing and decided to offer the beverage to people in his community who may benefit. As the popularity of the beverage has grown, Anderson sought to expand his production and subsequently move from the legacy market to legal cannabis markets around the country. New England Treatment Access (NETA) today announced a partnership with Anderson and his company, Best Dirty Beverage, to bring the premium drink Best Dirty Lemonade to Massachusetts. NETA and Best Dirty Beverage celebrated this partnership by hosting a Juneteenth Launch Party at PKL, Seaport ...

Integrated Cannabis Solutions Releases Revenue Update

WEST PALM BEACH, Fla. — Integrated Cannabis Solutions, Inc. (“Integrated Cannabis” or the “Company”) (OTCPINK: IGPK), is pleased to share the following update. The Company’s combined revenue from its two subsidiaries is projected to post over $900,000 for the 3 months ending June 30, 2023.  The total revenue for the 2nd quarter could post higher than expected from sales of cannabis distillate over the last few days of June.  This will be our first quarter posting revenue from Houdini Labs. The second quarter will have outpaced the first quarter by a margin of 3, and the 3rd quarter will post revenue that exceeds the second quarter. We are anticipating higher quarterly numbers from Houdini Labs, thanks to a new piece of equipment recently installed, an ethanol chiller.  The extraction process is a multi-stage process, and the chiller allows Houdini to extract 60 liters of cannabis oil and refine 30 liters in a single shift.  The addition of a second...

Taste at Lift: Cannabis Food & Beverage Experience Debuts at Lift San Francisco

SAN FRANCISCO – Lift Events and Experiences’ inaugural U.S. event, Lift San Francisco, August 3 – August 4, 2023 at the Moscone Convention Center, will feature several new elements including the inaugural Taste at Lift: Cannabis Food & Beverage Experience. This is a unique opportunity to partake in exclusive demos, in-depth presentations and expert panels led by the top innovators in the cannabis food, beverage and hospitality industries. Taste at Lift will showcase the newest culinary cannabis trends, tips and techniques, and programming includes: Tourism & Cannabis Cuisine: Creating Delicious Destination Experiences Near & Far Terpene Enlightenment: How & Why Cannabis Food & Beverage Pioneers are Elevating Consumables (Minus the High) Ready, Set, Sip! Mocktails & Cocktails: How They’re Connecting Consumers to Cannabis And more. The full agenda can be found here. Taste at Lift will wrap up with a two-hour long Iron Chef-style cooking competition featurin...

Negligent Storytelling: The Heart of Cannabis Marketing Failures

Despite its many challenges, cannabis is supposed to be one of the most exciting industries in the modern age. And make no mistake, safe access to cannabis is exciting. But you wouldn’t know it by the lackluster marketing efforts coming out of the space. Perhaps you’ve heard the complaints : tight budgets, regulatory restrictions, crazy tax laws, and understaffed teams. As painful as these realities are, they shift focus away from the heart of the matter. The real issue in cannabis marketing: negligent storytelling. Storytelling is as important as language itself. It’s one of the few things that unites us as human beings. It’s how we achieve clarity and meaning. It’s how we make decisions and inspire action in others. Nothing happens without a compelling story—except apathy, boredom, or confusion. And confused people never say yes to something. By the way, how many people do you think are still confused about cannabis? Missing in action: story-driven marketing Storytelling is ...

Green Qween Embraces the LGBTQ Community with Style

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While cannabis stores in much of the country need to serve a broad customer base within a defined radius, retailers in mature, saturated markets like Los Angeles and Toronto are standing out by tailoring their spaces to the needs of specific consumer groups. Green Qween is one such store. Operated by and for the LGBTQ+ community, the dispensary is proving people will travel for an experience that aligns with their values. Located in downtown Los Angeles near the uber-hip Ace Hotel, the 4,000-square-foot store attracts consumers from across the city and beyond, all motivated by the experience of buying cannabis in a space that feels authentically designed for them. Founded by Andres Rigal and Taylor Bazley in 2022, Green Qween quickly became a nexus for queer cannabis culture in Southern California, thanks in no small part to the pair’s history as stalwarts within the community. Rigal is a well-known queer nightlife impresario and the creative director for the DTLA Proud festival. Ba...

Valiant Recovery Announces Major Increase in Cannabis-Induced Psychosis & Paranoia in Canada Following Legalization

OTTAWA, Ontario — Valiant Behavioural Health, one of Canada’s leading addiction and mental health treatment providers, has announced a major increase in cases of serious mental health issues related to cannabis use since the government legalized the plant in October of 2018. Based on an Internal census of intake calls and client admits with Valiant Recovery, there has been a significant increase in the number of patients who have been referred for mental health treatment services due to cannabis-induced psychosis and paranoia. In particular, this information found that in the five years following the legalization of cannabis, cases of psychosis and paranoia have more than doubled. The findings suggest that the mental health effects of cannabis use may be more severe and long-term than previously thought. “This shines a light on the need for awareness, education and treatment surrounding cannabis use and mental health,” said Royce Dockrill CEO at Valiant Recovery. “We’re seeing m...

Baker Tilly and Viridian Capital Present the State of the Cannabis Industry Webinar Series: Transaction Readiness

NEW YORK —  Join Baker Tilly for our next installment of our quarterly State of the cannabis industry webinar series on June 27 which will shed light on the dynamic and rapidly evolving landscape of mergers and acquisitions (M&A) within the cannabis industry. As the global cannabis market continues to expand at an unprecedented pace, the importance of understanding the intricacies and opportunities of M&A and knowing if and when to sell has never been more crucial. Scott Greiper, founder and President of Viridian Capital Advisors will present data from the Viridian Cannabis Deal Tracker showing the changing dynamics of the cannabis M&A market. This webinar serves as a comprehensive guide for entrepreneurs, investors, legal professionals and industry enthusiasts seeking to navigate the complex realm of M&A within the cannabis sector. Our esteemed panel will share their knowledge, experiences and strategies, providing valuable insights that will empower participant...

8 Tips to Minimize Cybersecurity Risk

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The cannabis industry is not immune to cyberthreats. Many Canadian businesses lost millions after a distributor for the government-operated Ontario Cannabis Store was hit by a cyberattack that left the region incapable of processing or delivering orders to retailers. In another cyberattack, hackers stole $3.6 million an Australian medicinal-cannabis firm intended to send to an overseas contractor. These are just two examples of how the industry has become a popular target for cyber-extortion in recent years due to the nature of the business. Dispensaries typically are all-cash operations that collect vast amounts of protected health data and personally identifiable information. In addition, most cannabis companies are small operations that employ fewer than 100 workers, and many don’t have advanced cyber-protection systems in place. Sophisticated hackers could target workers via email-based phishing scams and steal protected health information to sell or client records to extort. The...

The Popularity of Flower is Declining in Regulated Markets

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THC potency, effect, and price dominate the decision-making process at retail counters in regulated markets, but the next generation of consumers is moving away from smoking as the primary method of consumption in search of a wider variety of manufactured products that can be openly and comfortably used in social settings. New Frontier Data ’s latest market report, Cannabis Trends in 2023: Products, Consumers, and the Impact of Prohibition on the Industry , explores cannabis consumer attitudes, perceptions, and consumption preferences across legal and unregulated U.S. markets. The report’s 35 pages of forecasts, analysis, and trends are developed from data points collected over 13 years, including an online survey of 5,534 individuals conducted from February 17 to February 26, 2023. Of the survey respondents, 4,358 were self-reported cannabis consumers while 1,176 identified as non-consumers. According to the data, experienced and new consumers are branching out from flower as avail...

Trulieve Announces Appointment of Tim Mullany as Chief Financial Officer

TALLAHASSEE, Fla. —  Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the United States, today announced the appointment of Tim Mullany as Chief Financial Officer, effective July 10, 2023. Mr. Mullany has over 20 years’ experience in accounting and finance including prior Chief Financial Officer roles at publicly traded companies Jack in the Box Inc. and RAVE Restaurant Group. “Mr. Mullany brings extensive financial leadership experience to Trulieve, having served as Chief Financial Officer in a diverse set of private and public companies across quick service restaurant, fitness, and financial services industries,” said Kim Rivers, CEO of Trulieve. “We are pleased to welcome Tim to our executive leadership team ahead of numerous growth catalysts. His prior experience and contributions to high growth service industries are well suited to help Trulieve execute on its strategic vision in the ...

Edibles in the Octagon: UFC Fighter Gilbert Urbina Partners With Gelato Canna Co.

Professional sports are notorious for outdated views on cannabis use among athletes. While the NFL is rethinking its stance on cannabis by funding clinical trials and the MLB allowing players to use cannabis in their personal lives are promising indicators of shifting attitudes, the UFC has been ahead of the curve in terms of its cannabis policies. Why? Studies have shown that cannabis has been found to help alleviate muscle soreness, stress and assist with brain health —all issues surrounding the well-being of UFC fighters. Cannabis companies have not shied away from the UFC community. One company in particular, Gelato Canna Co., has partnered with UFC fighter Gilbert Urbina, for a collaboration that helps normalize cannabis use in professional sports while fighting the stigma that cannabis users are couch locked stoners. Urbina is available for interviews to talk about a variety of topics surrounding the Gelato sponsorship including: Game Plan: Why Gelato decided to sponsor Urbina...

18 Brand Aesthetics We Love

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Packaging has been a critical component of commerce for millennia. From the earliest days of trade and barter, people have used a variety of materials to package and transport goods and effectively differentiate them from competitors. It’s thought the practice originated in the second millennium BC, when the Egyptians used reed baskets and papyrus to package products for trade, stamping the containers with images and hieroglyphics to indicate their contents and origin. Many cultures would advance the practical aspect of packaging in the ensuing centuries, but it wasn’t until the eighteenth century a particular creative flair was brought to packaging design. Spurred by revolutionary developments in printing technology and industrial production, suddenly product packaging featured color, illustrations, logos, and slogans that evolved into the kernels of brand recognition. In cannabis, the evolution from purely functional packaging to form and function has been rapid, and packaging ...

New Frontier Data Announces Exclusive Platinum Sponsorship for Cannabis Marketing Summit 2023

WASHINGTON — New Frontier Data, the leader in actionable cannabis data and business intelligence, expands its support of the Cannabis Marketing Association’s (CMA) fourth annual Cannabis Marketing Summit, June 21-23, 2023 in Denver. A Bronze Sponsor in 2022, New Frontier Data became the exclusive Platinum Sponsor for this year’s event, as the urgency of acquiring new cannabis customers continues to increase. “Cannabis dispensaries and brands must add customers to grow their businesses, and the Cannabis Marketing Summit spotlights the practical strategies, tools, tactics and data they need to be successful,” said Gary Allen, CEO of New Frontier Data. “We’re committed to ending the compounding revenue decline caused by over-discounting, and marketers attend this summit for guidance on better ways to acquire new customers, including transitioning them from illicit markets and boosting customer lifetime value.” The theme of this year’s Cannabis Marketing Summit is “Doing More With Less:...

Cannabis Retailer Emjay Celebrates Fathers Day with Exclusive Blunts & Beverages Cooler and More

LOS ANGELES and SAN DIEGO, California — Emjay, the leading California-based cannabis retailer and delivery service, proudly announces the launch of a one-of-a-kind Father’s Day product bundle, tailored exclusively for cannabis connoisseur dads in the state of California. Introducing the “Blunts & Beverages Bundle,” which includes a custom cooler, a premium preroll from the cult-favorite brand Presidential, and a THC-infused beverage by Lagunitas. This exciting bundle debuts at Emjay’s Los Angeles and San Diego stores on Friday, June 16, 2023. As part of this special release, Emjay is offering an additional promotion to customers. In the spirit of Father’s Day, patrons who visit Emjay’s stores accompanied by their fathers will receive an exclusive 10% discount on their purchase throughout the weekend leading up to the occasion. Chris Vaughn, CEO of Emjay, expressed the company’s deep appreciation for the unifying power of cannabis, stating, “We’ve always recognized the abili...

AWH Announces Intent to Complete Private Placement with Large Existing Debt and Equity Investor Raising $7 Million in Additional Equity

NEW YORK – Ascend Wellness Holdings, Inc. (“AWH”, “Ascend” or the “Company”) (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis, today announced that the Company intends to complete a Private Placement offering (the “Private Placement”), which will raise an aggregate of $7 million in equity financing. Under the terms of the Private Placement, the Company intends to sell an aggregate of 9,859,155 shares of Class A common stock (the “Shares”) to a large existing debt and equity investor at a price of $0.71 per share.  The Company intends to use the proceeds from the Private Placement to pursue potential acquisitions of debt or equity in, or the assets of, certain companies in the cannabis industry consistent with the Company’s current business strategy. “We are seeing a lot of attractive acquisition opportunities that Ascend believes could be significantly accretive,” said John Hartmann, the Chief Exe...