Topics https://www.benzinga.com/views/taxonomy/term/17 en Trulieve Enters West Virginia Cannabis Market, Closes Acquisition Of Mountaineer Holding https://www.benzinga.com/analyst-ratings/analyst-color/21/05/21011092/trulieve-enters-west-virginia-cannabis-market-closes-acquisition-of-mountaineer-hol <p><strong>Trulieve Cannabis Corp</strong>. (CSE: TRUL) (OTCQX: <a class="ticker" href="https://www.benzinga.com/stock/tcnnf#OTCQX">TCNNF</a>), a vertically integrated seed-to-sale and fully licensed medical marijuana company, has purchased West Virginia-based<strong> Mountaineer Holding LLC</strong> for $6 million.</p> <p>Kim Rivers, the CEO of Tallahassee, Florida-based Trulieve, said Thursday the cannabis company is pleased&nbsp;to finalize the &ldquo;transaction quickly, as the addition of Mountaineer achieves a significant presence for us in West Virginia.&rdquo;</p> <p><strong>The Trulieve-Mountaineer Deal</strong>: Under the terms of the agreement, Trulieve bought ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/05/21011092/trulieve-enters-west-virginia-cannabis-market-closes-acquisition-of-mountaineer-hol alt=Trulieve Enters West Virginia Cannabis Market, Closes Acquisition Of Mountaineer Holding>Full story available on Benzinga.com</a></p> Cannabis Kim Rivers M&A Mountaineer Holding LLC News TCNNF Topics Markets General TCNNF News M&A Cannabis Topics Markets General Benzinga Fri, 07 May 2021 14:27:51 +0000 Jelena Martinovic 21011092 at https://www.benzinga.com Video: Tilray CEO Discusses Aphria Merger, US Market Ambitions, Cannabis As A CPG Business, And More https://www.benzinga.com/markets/cannabis/21/05/20942707/video-tilray-ceo-discusses-aphria-merger-us-market-ambitions-cannabis-as-a-cpg-business-and-more <p>On Monday, the cannabis industry witnessed the creation of the world&#39;s largest cannabis company measured by revenue, as two Canadian giants, <strong>Tilray Inc.</strong> (NASDAQ: <a href="https://www.benzinga.com/stock/tlry#NASDAQ">TLRY</a>) and <strong>Aphria Inc. </strong>(NASDAQ: <a href="https://www.benzinga.com/stock/apha#NASDAQ">APHA</a>), announced the <a href="https://www.benzinga.com/markets/cannabis/21/05/20918766/tilray-aphria-close-merger-create-the-new-tilray">closing of their merger</a>.</p> <p>Tilray and Aphria had been in <a href="https://www.benzinga.com/markets/cannabis/20/12/18806021/aphria-tilray-in-talks-to-merge-report">negotiations</a> since fall 2020, which ultimately resulted in shareholders of both companies <a href="https://www.benzinga.com/markets/cannabis/21/04/20636399/aphria-inc-shareholders-approve-proposed-arrangement-with-tilray-inc">voting in favor of the merger</a>.</p> <p>Irwin Simon, CEO of the &#39;new&#39; Tilray and former Aphria CEO, called Tilray &quot;the right partner.&quot;</p> <p>Shortly after the historic agreement was announced, Simon was a guest on Benzinga&#39;s <a href="https://www.benzinga.com/markets/cannabis/21/05/20927768/video-ceo-irwin-simon-breaks-down-the-tilray-aphria-merger-benzinga-cannabis-insider">Cannabis Insider show</a>, co-hosted by Spencer Israel and <a href="https://elplanteo.com/author/javier-hasse/">Javier Hasse</a>.</p> <p>&quot;We had to do some consolidation there,&quot; Simon said of the Canadian cannabis market.</p> <p>And while there were &quot;stops and starts&quot; during the merger talks with Brendan Kennedy, current director and former Tilray CEO, they finally sat down and came to a beneficial arrangement for shareholders of both companies, Simon told Cannabis Insider.</p> <p>&quot;I think there are times individuals like to do something differently,&quot; and &quot;times you want to step back,&quot; Simon commented on Kennedy taking a more passive role following the merger.&nbsp;</p> <h2><strong>Building Cannabis Business As CPG Business</strong></h2> <p>Simon also addressed cannabis as a quickly evolving category, emphasizing that cannabis needs to be cannabis from the product standpoint.</p> <p>&quot;We&#39;re not marijuana, we&#39;re ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/05/20942707/video-tilray-ceo-discusses-aphria-merger-us-market-ambitions-cannabis-as-a-cpg-business-and-more alt=Video: Tilray CEO Discusses Aphria Merger, US Market Ambitions, Cannabis As A CPG Business, And More>Full story available on Benzinga.com</a></p> APHA Cannabis Irwin Simon M&A merger News TLRY Entrepreneurship Topics Markets Interview General TLRY US88688T1007 APHA News M&A Cannabis Entrepreneurship Topics Markets Interview General Benzinga Tue, 04 May 2021 17:17:41 +0000 Jelena Martinovic 20942707 at https://www.benzinga.com Video: Zoned Properties' Bryan McLaren On Enhancing Real Estate Value In Cannabis https://www.benzinga.com/markets/cannabis/21/05/20857145/video-zoned-properties-bryan-mclaren-on-enhancing-real-estate-value-in-cannabis <p>In view of the legal patchwork of regulations and restrictions governing the cannabis industry and it vast differences from state-to-state, finding and securing property for a cannabis business is not an easy task.</p> <p><strong>Zoned Properties</strong> (OTCQB: <a href="https://www.benzinga.com/stock/zdpy#OTCQB">ZDPY</a>), a strategic real estate development firm, is one of the first publicly traded real estate companies to&nbsp;venture&nbsp;into the cannabis industry. These days, it&rsquo;s busy&nbsp;keeping up with&nbsp;the growing demand for real estate services in the needy&nbsp;industry. As such, the&nbsp;company is&nbsp;focused&nbsp;on how to invest, develop and protect real estate projects for the burgeoning&nbsp;industry.</p> <p>&quot;We&#39;re trying to unlock the formula for how to spread cannabis real estate across this country, but in a really well-positioned investment way,&quot; Zoned Properties CEO Bryan McLaren said.</p> <p>McLaren was a guest on Benzinga&#39;s <a href="https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZSvns1pymdSRwOIA-exAaA">Cannabis Insider</a> show on Monday where he spoke with&nbsp;hosts Elliot Lane and <a href="https://www.benzinga.com/author/javier-hasse">Javier Hasse</a>&nbsp;about how to enhance real estate value in the cannabis industry while mitigating its risks.</p> <h3><strong>Focusing On Services Side</strong></h3> <p>Instead of putting a substantial amount of real estate development capital where it has never existed ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/05/20857145/video-zoned-properties-bryan-mclaren-on-enhancing-real-estate-value-in-cannabis alt=Video: Zoned Properties&#039; Bryan McLaren On Enhancing Real Estate Value In Cannabis>Full story available on Benzinga.com</a></p> Bryan McLaren Cannabis News Penny Stocks ZDPY Entrepreneurship Topics Markets Interview General Real Estate ZDPY News Penny Stocks Cannabis Entrepreneurship Topics Markets Interview General Real Estate Benzinga Tue, 04 May 2021 16:37:41 +0000 Jelena Martinovic 20857145 at https://www.benzinga.com Video: Fire & Flower's CFO Nadia Vattovaz Discusses Recent Deals, Calls Q4 'Strongest Quarter Yet' https://www.benzinga.com/markets/cannabis/21/05/20896149/video-fire-flowers-cfo-nadia-vattovaz-discusses-recent-deals-calls-q4-strongest-quarter-yet <p><strong>Fire &amp; Flower Holdings Corp. </strong>(TSX:FAF) (OTCQX: <a href="https://www.benzinga.com/stock/fflwf#OTCQX">FFLWF</a>), a tech-oriented cannabis retailer, saw a 150% year-over-year revenue growth, reaching CA$128.1 million ($103.2 million) in 2021 at a gross profit of 35.5%.</p> <p>Its fourth-quarter revenue amounted to CA$43.2 million at a gross profit of 38%.</p> <h3><strong>Financial Insights</strong></h3> <p>&quot;This is our strongest quarter yet,&quot; Nadia Vattovaz, former CFO and newly appointed COO at Fire &amp; Flower, said Tuesday on Benzinga&#39;s <a href="https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZSvns1pymdSRwOIA-exAaA">Cannabis Insider</a> show hosted by <a href="https://elplanteo.com/author/javier-hasse/">Javier Hasse</a>.</p> <p>The expansion of the company&rsquo;s retail footprint to 80 currently operating stores resulted in adjusted EBITDA coming in positive at CA$1.5 million, versus a CA$5.26 million loss in the same quarter of 2019.</p> <p>The company relies on information it gleans from its many customers.</p> <p>Understanding how, when, and what they shop for is vital when pursuing business growth and success, Vattovaz explained.</p> <p>&quot;We have very highly targeted merchandising efforts in every location that we&#39;re at,&quot; she said.</p> <p>Fire &amp; Flower&rsquo;s ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/05/20896149/video-fire-flowers-cfo-nadia-vattovaz-discusses-recent-deals-calls-q4-strongest-quarter-yet alt=Video: Fire &amp; Flower&#039;s CFO Nadia Vattovaz Discusses Recent Deals, Calls Q4 &#039;Strongest Quarter Yet&#039;>Full story available on Benzinga.com</a></p> Cannabis Earnings earnings report FFLWF M&A Nadia Vattovaz News Penny Stocks Entrepreneurship Topics Markets Interview General FFLWF News M&A Earnings Penny Stocks Cannabis Entrepreneurship Topics Markets Interview General Benzinga Tue, 04 May 2021 16:32:37 +0000 Jelena Martinovic 20896149 at https://www.benzinga.com Cannabis Movers & Shakers: Fire & Flower, Acreage, cbdMD, Greenlane & KushCo, Digital Venture https://www.benzinga.com/markets/cannabis/21/05/20894169/cannabis-movers-shakers-fire-flower-acreage-cbdmd-greenlane-kushco-digital-venture <p><strong>Delic Holdings Appoints Dr. Eric Janusson As Lead Chemist</strong></p> <p>Complex Biotech Discovery Ventures Ltd., a licensed cannabis and psilocybin research laboratory, has appointed Dr. Eric Janusson as its lead chemist.</p> <p>The news was released Wednesday by psychedelic wellness-focused company <strong>Delic Holdings Inc. </strong>(CSE:DELC) (OTCQB: <a href="https://www.benzinga.com/stock/delcf#OTCQB">DELCF</a>), which plans to acquire the laboratory.</p> <p>Janusson, who specializes in real-time methods for the quantification and characterization of sensitive chemical intermediates, earned his Ph.D. in analytical chemistry at the University of Victoria in 2017.</p> <p>Dr. Markus Roggen, Director of Delic Corp &amp; Founder of CBDV, said he was excited to have Janusson on board.</p> <p>&quot;[Janusson] is instrumental to combine our analytical platforms with our machine learning capabilities,&quot; Roggen added.</p> <p><strong>Fire &amp; Flower Appoints Nadia Vattovaz To Serve As COO, Names New CFO</strong></p> <p>&nbsp;</p> <p><strong>Fire &amp; Flower Holdings Corp.</strong> (TSX:FAF) (OTCQX: <a href="https://www.benzinga.com/stock/fflwf#OTCQX">FFLWF</a>) said Thursday it had appointed Nadia Vattovaz to serve as chief operating officer after having served as CFO and executive vice-president for several years.</p> <p>The Toronto-based company hired Judy Adam to replace Vattovaz and oversee the company&rsquo;s finance department.</p> <p>Previously, Adam worked at MAV Beauty Brands as CFO after nearly two decades at Corus Entertainment.</p> <p>Adam&rsquo;s &ldquo;impressive understanding of digital technology and consumer packaged goods coincides extremely well with our strategic focus and her extensive experience in mergers and acquisitions, and capital markets will be a strong accelerator to our aggressive growth plans,&rdquo; Fire &amp; Flower President and CEO Trevor Fencott said.</p> <p><strong>Acreage Appoints Former Curaleaf Exec Katrina Yolen As CMO</strong></p> <p>Vertically integrated cannabis company <strong>Acreage Holdings, Inc.</strong>&nbsp;(OTCQX: <a href="https://www.benzinga.com/stock/acrgf#OTCQX">ACRGF</a>) has tapped Katrina Yolen ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/05/20894169/cannabis-movers-shakers-fire-flower-acreage-cbdmd-greenlane-kushco-digital-venture alt=Cannabis Movers &amp; Shakers: Fire &amp; Flower, Acreage, cbdMD, Greenlane &amp; KushCo, Digital Venture>Full story available on Benzinga.com</a></p> ACRGF appointments Cannabis CURLF Dave Bernath DELCF FFLWF GNLN KSHB News Penny Stocks Peter Caldini RWBYF Trevor Fencott YCBD Entrepreneurship Movers & Shakers Topics Markets General KSHB CURLF ACRGF FFLWF GNLN YCBD RWBYF DELCF News Penny Stocks Cannabis Entrepreneurship Movers & Shakers Topics Markets General Benzinga Mon, 03 May 2021 18:51:30 +0000 Jelena Martinovic 20894169 at https://www.benzinga.com Tilray, Aphria Close Merger, Create The 'New' Tilray https://www.benzinga.com/markets/cannabis/21/05/20918766/tilray-aphria-close-merger-create-the-new-tilray <p><strong>Tilray, Inc.</strong> (NASDAQ:&nbsp;<a href="https://www.benzinga.com/stock/tlry/">TLRY</a>) and <strong>Aphria, Inc. </strong>(NASDAQ: <a href="https://www.benzinga.com/stock/apha#NASDAQ">APHA</a>) have merged after months of negotiations, creating a company with a combined market cap of $3.3 billion.</p> <p>The two Canadian cannabis giants <a href="https://www.benzinga.com/markets/cannabis/20/12/18806021/aphria-tilray-in-talks-to-merge-report">had been in talks</a> since December with Aphria&rsquo;s current CEO Irwin Simon to create a new enterprise. &nbsp;</p> <p>In April, Aphria shareholders finally <a href="https://www.benzinga.com/markets/cannabis/21/04/20636399/aphria-inc-shareholders-approve-proposed-arrangement-with-tilray-inc">voted</a> in favor of the merger. Tilray shareholders followed suit and approved the transaction on Friday.</p> <p><strong>The Merger Deal:</strong> Under the deal, each Aphria shareholder received 0.8381 of a Tilray share for each Aphria common share held on April 30.</p> <ul> <li>The resulting company, which is expected to generate roughly $81 million in annual pre-tax cost synergies within the next eighteen months, kept the Tilray name and will continue to trade on Nasdaq Global Select Exchange under the ticker symbol TLRY.</li> </ul> <p>The company is also poised to debut on the Toronto Stock Exchange under the ticker symbol &ldquo;TLRY&rdquo; on Wednesday, May 5.</p> <p><strong>Why It Matters:</strong> The new cannabis-focused CPG company will utilize ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/05/20918766/tilray-aphria-close-merger-create-the-new-tilray alt=Tilray, Aphria Close Merger, Create The &#039;New&#039; Tilray>Full story available on Benzinga.com</a></p> . Simon APHA Cannabis Irwin D M&A merger News TLRY Topics Markets General TLRY US88688T1007 APHA News M&A Cannabis Topics Markets General Benzinga Mon, 03 May 2021 18:47:17 +0000 Jelena Martinovic 20918766 at https://www.benzinga.com Video: CBD Of Denver's (CBDD) Marcel Gama Discusses The European CBD Market, Bitcoin And Crypto Payments https://www.benzinga.com/markets/cannabis/21/04/20855459/video-cbd-of-denvers-cbdd-marcel-gama-discusses-the-european-cbd-market-bitcoin-and-crypto-payme <p>Conducting a cannabis business in Europe can be tricky, as the regulatory approach to medical cannabis in different European countries varies significantly.</p> <p>Still, companies like <strong>CBD of Denver Inc.</strong> (OTC: <a class="ticker" href="https://www.benzinga.com/stock/cbdd#OTC">CBDD</a>) are pawing their way toward establishing themselves as leaders, as Europe&#39;s cannabis sector is poised to take off.</p> <p>Marcel R. Gama, CEO and chairman of CBD of Denver, discussed the European CBD market with hosts Patrick Lane and <a href="https://elplanteo.com/author/javier-hasse/">Javier Hasse</a> on Benzinga&#39;s <a href="https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZSvns1pymdSRwOIA-exAaA">Cannabis Insider</a> show on Tuesday.</p> <h3>CBD of Denver&#39;s European Saga</h3> <p>In February 2020, the company inked an <a href="https://www.benzinga.com/markets/cannabis/20/02/15293053/cbd-of-denver-signs-reverse-merger-deal-with-swiss-cannabis-company">agreement</a> with the Swiss company I&#39;M Canabiz AG for a reverse merger.</p> <p>The deal allowed CBD of Denver - a full-line CBD and hemp oil company - to distribute its products in the European country and introduce Swiss products to the U.S. market.</p> <p>In June, the Colorado-headquartered company <a href="https://www.benzinga.com/markets/cannabis/20/06/16254490/cbd-of-denver-to-purchase-swiss-wholesale-cannabis-business">purchased</a> another cannabis business with operations in Switzerland and other European Union countries that have legalized both CBD and cannabis products.</p> <p>Six months later, the company ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/04/20855459/video-cbd-of-denvers-cbdd-marcel-gama-discusses-the-european-cbd-market-bitcoin-and-crypto-payme alt=Video: CBD Of Denver&#039;s (CBDD) Marcel Gama Discusses The European CBD Market, Bitcoin And Crypto Payments>Full story available on Benzinga.com</a></p> Black Pearl Cannabis CBD CBDD Earnings M&A Marcel Gama News Penny Stocks Rockflowr Entrepreneurship Topics Markets Interview General CBDD News M&A Earnings Penny Stocks Cannabis Entrepreneurship Topics Markets Interview General Benzinga Thu, 29 Apr 2021 17:05:47 +0000 Jelena Martinovic 20855459 at https://www.benzinga.com Bumped Helps Brands Grow While Consumers Grab a Piece of the Company https://www.benzinga.com/news/21/04/20861391/bumped-helps-brands-grow-while-consumers-grab-a-piece-of-the-company <p>Brand awareness is not the only key to company identity and differentiation in the marketplace, but for a Portland, Oregon-based startup, brand loyalty can also grab consumers a piece of the company.</p> <p><a href="https://bumped.com/">Bumped</a> launched its new app at the end of 2020 and is rapidly grabbing the attention of people who want to not only be rewarded for their brand loyalty but get fractional shares of the company back for their purchases.&nbsp; Bumped users create a brokerage account and then link their credit or debit card and after spending money with companies get a percentage back in fractional shares or possibly a piece of a full share.&nbsp;</p> <p>Bumped was founded in 2017 by David Nelsen, ...</p><p><a href=https://www.benzinga.com/news/21/04/20861391/bumped-helps-brands-grow-while-consumers-grab-a-piece-of-the-company alt=Bumped Helps Brands Grow While Consumers Grab a Piece of the Company>Full story available on Benzinga.com</a></p> Bumped CVS News T Topics General CVS US1266501006 T US00206R1023 News Topics General Benzinga Thu, 29 Apr 2021 12:28:25 +0000 Mark Gilman 20861391 at https://www.benzinga.com Cannabis Movers & Shakers: Sensi Media Group, Southern Glazer's https://www.benzinga.com/markets/cannabis/21/04/20772380/cannabis-movers-shakers-sensi-media-group-southern-glazers <p><strong>Sensi Media Group Names New CEO</strong></p> <p><strong>Sensi Media Group LLC</strong>, publisher of Sensi magazine, has appointed Stephanie Graziano to serve as the its CEO.</p> <p>The Denver-based publishing house <a href="https://www.prnewswire.com/news-releases/sensi-media-group-announces-stephanie-graziano-as-new-chief-executive-officer-301275525.html">said</a> Thursday that Ron Kolb, co-founder and current CEO, will step down from his current role to serve as the chairman of the board of Sensi Global, a newly formed cannabis lifestyle company.</p> <p>In addition, Kolb will also assume the role of Sensi Global&#39;s interim chief revenue officer.</p> <p>Graziano brings over three decades of experience in the entertainment industry, having served at Marvel Entertainment, DreamWorks Animation, Fox Kids Network, and The Walt Disney Company.</p> <p>She is the co-founder of Green Flower Media, Inc.</p> <p>&quot;As Sensi continues to evolve ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/04/20772380/cannabis-movers-shakers-sensi-media-group-southern-glazers alt=Cannabis Movers &amp; Shakers: Sensi Media Group, Southern Glazer&#039;s>Full story available on Benzinga.com</a></p> appointments Cannabis News Quatreau Sensi Global Movers & Shakers Topics Markets General News Cannabis Movers & Shakers Topics Markets General Benzinga Fri, 23 Apr 2021 19:26:04 +0000 Jelena Martinovic 20772380 at https://www.benzinga.com North Carolina Lawmakers Introduce Bill To Legalize Recreational Cannabis https://www.benzinga.com/markets/cannabis/21/04/20771063/north-carolina-lawmakers-introduce-bill-to-legalize-recreational-cannabis <p>Lawmakers in North Carolina introduced a bill poised to legalize cannabis possession for adults.</p> <p><a href="https://lrs.sog.unc.edu/bill-summaries-lookup/H/617/2021-2022%20Session/H617">House Bill 617</a>, which would also regulate a recreational cannabis industry, was filed in the legislature on Tuesday, High Times <a href="https://hightimes.com/news/north-carolina/bill-cannabis-in-north-carolina/">writes</a>.</p> <p>The measure would allow adults 21 and older to legally possess and use cannabis &ldquo;within the statutory possession limit,&rdquo; as well as set &ldquo;registration and licensure requirements and procedures governing the ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/04/20771063/north-carolina-lawmakers-introduce-bill-to-legalize-recreational-cannabis alt=North Carolina Lawmakers Introduce Bill To Legalize Recreational Cannabis>Full story available on Benzinga.com</a></p> Cannabis cannabis legalization Government High Times News Regulations Politics Topics Markets Media General News Government Cannabis Regulations Politics Topics Markets Media General Benzinga Fri, 23 Apr 2021 19:24:23 +0000 Jelena Martinovic 20771063 at https://www.benzinga.com Louisiana Smokable Medical Marijuana Bill Sails Through Its First Review https://www.benzinga.com/markets/cannabis/21/04/20751960/louisiana-smokable-medical-marijuana-bill-sails-through-its-first-review <p>Lawmakers in Louisiana passed a bill to legalize medical marijuana flower on Thursday.</p> <p>The House Health and Welfare Committee approved a measure in a 12-1 vote.</p> <p>The legislation is poised to allow medical marijuana patients in the Pelican State to access raw cannabis flower, Marijuana Moment <a href="https://www.marijuanamoment.net/louisiana-lawmakers-approve-bill-to-legalize-medical-marijuana-flower-for-patients/">writes</a>.</p> <p>Under the bill, sponsored by House Speaker Pro Tem Tanner Magee, physicians can recommend the inhalation of raw cannabis ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/04/20751960/louisiana-smokable-medical-marijuana-bill-sails-through-its-first-review alt=Louisiana Smokable Medical Marijuana Bill Sails Through Its First Review>Full story available on Benzinga.com</a></p> Cannabis Government louisiana louisiana cannabis News Regulations Politics Topics Markets Media General News Government Cannabis Regulations Politics Topics Markets Media General Benzinga Thu, 22 Apr 2021 17:39:57 +0000 Jelena Martinovic 20751960 at https://www.benzinga.com Cannabis Movers & Shakers: Halo Collective, Suite 420 Access, OWP, BioStem, Chicago Atlantic Advisors, Silo Wellness https://www.benzinga.com/markets/cannabis/21/04/20710655/cannabis-movers-shakers-halo-collective-suite-420-access-owp-biostem-chicago-atlantic-advisors-s <p><strong>Halo Collective Taps Have a Heart&#39;s CEO Ryan Kunkel</strong></p> <p><strong>Halo Collective Inc.</strong> (NEO:HALO)(OTCQX: <a class="ticker" href="https://www.benzinga.com/stock/ageef#OTCQX">AGEEF</a>) has welcomed Have a Heart&#39;s CEO and founder Ryan Kunkel to serve as its vice-chairman and an independent director.</p> <p>Kunkel is a seasoned cannabis expert and entrepreneur with experience in operations, fundraising, and application development.</p> <p>&quot;As our operations continue to expand and we open our first dispensaries in Los Angeles and acquire Kush Bar dispensaries from High Tide in Alberta, Canada, it&#39;s imperative for Halo to look at the big picture and bring Ryan to our senior team,&quot; Louisa Mojela, the company&#39;s executive chairman, <a href="https://www.newswire.ca/news-releases/halo-collective-announces-appointment-of-ryan-kunkel-ceo-and-founder-of-cannabis-retailer-have-a-heart-as-vice-chairman-and-a-director-875744499.html">said</a> Friday.</p> <p><strong>Tavarres King Joins Newly Launched Suite 420 Access As CEO</strong></p> <p>Former NFL wide receiver and entrepreneur Tavarres King opted to join <strong>Suite 420 Access</strong>, a newly launched company, as its CEO.</p> <p>Cannabis-focused finance company Suite 420 Solutions announced the launch of a new venture poised to support minority business owners in the cannabis space.</p> <p>&ldquo;There has been systemic, unequal access to capital in the cannabis industry and other industries, which shows that business ownership is disproportionate by race,&rdquo; King explained.</p> <p>&ldquo;We created Suite 420 Access to specifically address the widespread challenges that many minority-owned cannabis companies often face,&ldquo; Jeff Barnett, the company&rsquo;s co-founder and CRO, <a href="https://www.prweb.com/releases/the_launch_of_suite_420_access_tavarres_king_joins_as_ceo_of_new_venture_to_create_social_equity_in_financing_for_the_cannabis_industry/prweb17758749.htm">said</a> Monday.</p> <p><strong>NBA Legend John Salley Joins One World Pharma&#39;s Board Of Advisors</strong></p> <p><strong>One World Pharma Inc.</strong> (OTCQB: <a ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/04/20710655/cannabis-movers-shakers-halo-collective-suite-420-access-owp-biostem-chicago-atlantic-advisors-s alt=Cannabis Movers &amp; Shakers: Halo Collective, Suite 420 Access, OWP, BioStem, Chicago Atlantic Advisors, Silo Wellness>Full story available on Benzinga.com</a></p> AGEEF appointments BSEM Cannabis John Salley News OWPC Penny Stocks Suite 420 Access Tavarres King Movers & Shakers Topics Markets General AGEEF BSEM OWPC News Penny Stocks Cannabis Movers & Shakers Topics Markets General Benzinga Thu, 22 Apr 2021 15:27:10 +0000 Jelena Martinovic 20710655 at https://www.benzinga.com Video: Cannabis Investing, Stock Picks With C3 Fund's Josh Kincaid, Vice Ventures' Catharine Dockery https://www.benzinga.com/markets/cannabis/21/04/20653764/video-cannabis-investing-stock-picks-with-c3-funds-josh-kincaid-vice-ventures-catharine-dockery <p>With cannabis legalization poised to happen on a federal level sooner than later and continued growth of the cannabis industry, marijuana stocks are making an impact within the sin-stock market.&nbsp;</p> <p>In the first three months of 2021, <a href="https://www.benzinga.com/markets/cannabis/21/04/20624364/in-illinois-marijuana-tax-revenue-outpaces-alcohol-for-the-first-time">Illinois cannabis taxes exceeded liquor taxes</a> for the first time, hitting $86,537,000 million. March cannabis sales amounted to $109,149,355, representing a month-over-month jump of more than $28 million.</p> <p>Other sin-stock peers also recognized the opportunity within the cannabis sector. Tobacco giant <strong>British American Tobacco PLC</strong> (NYSE: <a href="https://www.benzinga.com/stock/bti#NYSE">BTI</a>) recently <a href="https://www.benzinga.com/markets/cannabis/21/03/20123796/bat-invests-175-7m-in-organigram-to-work-on-next-gen-cbd-products">invested</a> CA$221 million ($175.7 million) in <strong>OrganiGram Holdings Inc</strong> (NASDAQ: <a href="https://www.benzinga.com/stock/ogi#NASDAQ">OGI</a>), acquiring a 19.9% equity interest in the cannabis company.</p> <p>Apart from money, tobacco companies like BAT are bringing the knowledge and experience of being a part of the sin-stock market to the cannabis space.</p> <p>&quot;What we&#39;ve learned from alcohol and tobacco is that distribution channels are more important than anything,&quot; said Josh Kincaid, portfolio risk analyst at C3 Fund.</p> <p>He was one of the guests in the Benzinga Cannabis Hour, co-hosted by <a href="https://elplanteo.com/author/javier-hasse/">Javier Hasse</a> and Elliot Lane.</p> <p>Partnerships with distributors should be about figuring out &quot;how to reduce your shrinkage or your waste,&quot; as opposed to just looking at &quot;how to get your product from point A to point B,&rdquo; Kincaid explained.</p> <p>Even though a number of companies within the sector have set themselves as &quot;buyout targets for big pharma big tobacco, and big alcohol,&quot; it &quot;all boils down to is that distribution ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/04/20653764/video-cannabis-investing-stock-picks-with-c3-funds-josh-kincaid-vice-ventures-catharine-dockery alt=Video: Cannabis Investing, Stock Picks With C3 Fund&#039;s Josh Kincaid, Vice Ventures&#039; Catharine Dockery>Full story available on Benzinga.com</a></p> BTI Cannabis cannabis legalization CGC HEXO IIPR Investing investment M&A News OGI Penny Stocks REIT sin stocks SPRWF STZ TAP vice stocks Education Entrepreneurship Politics Topics Small Cap Markets Interview General Real Estate BTI US1104481072 STZ US21036P1084 TAP US60871R2094 CGC SPRWF CA86863P1099 OGI IIPR HEXO News M&A Penny Stocks Cannabis REIT Education Entrepreneurship Politics Topics Small Cap Markets Interview General Real Estate Benzinga Mon, 19 Apr 2021 18:50:19 +0000 Jelena Martinovic 20653764 at https://www.benzinga.com Poll: 69% Of Americans Support Cannabis Legalization https://www.benzinga.com/markets/cannabis/21/04/20661470/poll-69-of-americans-support-cannabis-legalization <p>A record high 69% of Americans support the legalization of marijuana, according to a new Quinnipiac University poll.</p> <p>That&rsquo;s up by 18% compared to the first time interviewers conducted the survey in 2012, and 12% from 2019.</p> <p>The survey showed that 62% of Republicans favor ending prohibition,&nbsp;<a href="http://www.marijuanamoment.net/69-percent-of-americans-now-support-legalizing-marijuana-an-all-time-high-quinnipiac-poll-finds/">according to Marijuana Moment</a>.&nbsp;</p> <p>In addition, Democrats support the cause as well, with 78% of ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/04/20661470/poll-69-of-americans-support-cannabis-legalization alt=Poll: 69% Of Americans Support Cannabis Legalization>Full story available on Benzinga.com</a></p> Cannabis cannabis legalization Government Marijuana Moment News Quinnipiac University Politics Topics Markets Media General News Government Cannabis Politics Topics Markets Media General Benzinga Fri, 16 Apr 2021 21:45:16 +0000 Jelena Martinovic 20661470 at https://www.benzinga.com Cannabis Movers & Shakers: TILT, BRNT, ECGI, Alcanna, WeedMD, Mind Cure, Flowr Corporation, VIVO, Cannabiz, Team Hytiva https://www.benzinga.com/markets/cannabis/21/04/20664604/cannabis-movers-shakers-tilt-brnt-ecgi-alcanna-weedmd-mind-cure-flowr-corporation-vivo-cannabiz- <p><strong>TILT Holdings Announces Two New Additions To Its Leadership Team</strong></p> <p><strong>TILT Holdings Inc.</strong> (CSE:TILT) (OTCQX: <a class="ticker" href="https://www.benzinga.com/stock/tlltf#OTCQX">TLLTF</a>) has welcomed Darryl K. Henderson, J.D., and Roseann Valencia-Fernandez to its ranks.</p> <p>The Phoenix-based company tapped Henderson to serve as senior vice president of human resources. He brings vast experience in business leadership and human resource management.</p> <p>Prior to this, he worked at Monsanto Company, First Union National Bank, Lowe&rsquo;s Home Improvement and Logistics Trust, a startup cannabis technology company.</p> <p>Valencia-Fernandez agreed to serve as vice president of marketing. The marketing expert sharpened her skills while working in the cannabis and beauty CPG industries for over two decades.</p> <p>Previously she oversaw global marketing campaigns at Advanced Nutrients.</p> <p>&ldquo;I expect Darryl and Roseann to be instrumental in shaping our corporate culture internally and externally while positioning TILT as a visionary company that is inclusive, supportive, and innovative,&rdquo; President Gary Santo <a href="https://www.tiltholdings.com/investors/news-events/press-releases/detail/120/tilt-holdings-bolsters-human-resources-and-marketing">said</a> Tuesday.</p> <p><strong>BRNT Shakes Up Its Management Team</strong></p> <p><strong>BRNT Ltd</strong><strong>.</strong> <a href="https://www.newswire.ca/news-releases/brnt-group-announces-closing-of-non-dilutive-financing-from-pinene-alternative-ventures-inc-as-well-as-changes-to-its-management-amp-board-of-directors-879470674.html">reported</a> Tuesday a series of management and board changes.</p> <p>The Edmonton, Alberta-based company named Gage Gorda its new CEO, and Ryan McDonald the board&#39;s chairman.</p> <p>Gorda brings vast leadership experience. He is &ldquo;excited to be joining BRNT as CEO and supporting the incredible talent assembled at the company as we enter a phase of maturation and growth.&ldquo;</p> <p>Simultaneously, BRNT named both David Schwede, president of recreational cannabis at Heritage Cannabis Holdings Corp (CSE:CANN), and Murray Hodgins, to its board of directors.</p> <p><strong>ECGI Holdings Taps Deepak Panjwani To Board Of Directors</strong></p> <p><strong>ECGI Holdings, Inc.</strong> (OTCQX: <a class="ticker" href="https://www.benzinga.com/stock/ecgi#OTCQX">ECGI</a>) has appointed Deepak Panjwani to its board of directors.</p> <p>In his new position, Panjwani is poised to guide the company as it expands its business in California.</p> <p>He brings years of experience in cannabis, finance, and compliance experience.</p> <p>&ldquo;His very significant knowledge of the cannabis industry combined with his specific cannabis and finance industry experience will be well utilized as we move our business plan forward,&rdquo; the company&rsquo;s CEO William Chung <a href="https://www.globenewswire.com/news-release/2021/04/13/2209114/0/en/ECGI-Holdings-Enhances-Its-Board-of-Directors-Targeting-the-Growing-California-Cannabis-Industry.html">said</a> Tuesday.</p> <p><strong>Alcanna Welcomes Kristina Williams To Board Of Directors</strong></p> <p><strong>Alcanna Inc.</strong> (TSX:CLIQ) (OTCQX: <a class="ticker" href="https://www.benzinga.com/stock/lqsif#OTCQX">LQSIF</a>) has appointed Kristina ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/04/20664604/cannabis-movers-shakers-tilt-brnt-ecgi-alcanna-weedmd-mind-cure-flowr-corporation-vivo-cannabiz- alt=Cannabis Movers &amp; Shakers: TILT, BRNT, ECGI, Alcanna, WeedMD, Mind Cure, Flowr Corporation, VIVO, Cannabiz, Team Hytiva>Full story available on Benzinga.com</a></p> appointments BRNT Cannabis CannaBiz Team ECGI FLWPF LQSIF MCURF News Penny Stocks sparks & honey TLLTF VVCIF WDDMF Wes Miller Entrepreneurship Movers & Shakers Topics Markets Media General ECGI LQSIF WDDMF VVCIF FLWPF TLLTF MCURF News Penny Stocks Cannabis Entrepreneurship Movers & Shakers Topics Markets Media General Benzinga Fri, 16 Apr 2021 18:42:34 +0000 Jelena Martinovic 20664604 at https://www.benzinga.com