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Kona Gold Beverage Acquires S&S Beverage To Boost LEMIN Distribution
Monday, January 25, 2021 - 2:12pm | 373Hemp and CBD beverage company Kona Gold Beverage Inc. (OTCQB: KGKG) has acquired S&S Beverage Inc. The Melbourne, Florida-based company has purchased Lemin Superior Lemonade maker in a cash and stock deal. Lemin Lemonade, launched in 2018, comes in four flavors: Original,...
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Dispensary Update: Trulieve, Jushi And Cloud Cannabis Each Have New Stores
Thursday, January 14, 2021 - 3:43pm | 447Trulieve Opens Second Store In Gainesville Cannabis company Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) has cut the ribbon on its second Gainesville, Florida-based dispensary. The new store, located at 1614 W University Ave. in Gainesville, spans 6,000 square feet. It's also...
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Gold Flora Teams Up With Stately Brands To Boost California Operation
Monday, January 11, 2021 - 3:18pm | 299Gold Flora has formed a strategic partnership with Stately Capital Corporation through an asset contribution deal. The agreement bolsters development of the company's California-based vertically integrated operation. Under the partnership, Stately Brands executives opted to...
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Aleafia Health To Supply Apipharm With Cannabis Flower
Friday, January 8, 2021 - 2:35pm | 279Vertically integrated cannabis company Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) is expanding its global distribution network via a deal with Apipharm Veletrgovina d.o.o. Aleafia agreed to supply the Europe-based pharmaceutical producer and distributor with dried cannabis flower under the three-...
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Avicanna's RHO Phyto Products To Hit Shelves In Canada Retail Shops
Wednesday, December 23, 2020 - 3:15pm | 246Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) said Wednesday its RHO Phyto products will be distributed to Canadian retailers in early 2021. The Toronto-based company is expanding its outreach following the launch of Rho Phyto medical cannabis and Pura Earth CBD derma-cosmetic product...
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Pharmicated To Distribute Cannidex Brands' Product In Oklahoma
Tuesday, November 17, 2020 - 2:11pm | 296Topical cannabis provider Cannidex Brands has inked a licensing deal with Oklahoma-based Pharmicated. Under the agreement, the cannabis wholesale distribution company is granted rights to produce and distribute Cannidex products to medical cannabis dispensaries across the Sooner State. "...
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Cannabis Movers & Shakers: Pure Extracts, TGOD, MedMen, Gel Cap Concepts, KEY Investment, MediPharm
Friday, November 13, 2020 - 3:14pm | 1064Here is a summary of the latest company shakeups within the cannabis industry. Pure Extracts Technologies Expands The Board, Appoints Dwight Duncan Vancouver-based Pure Extracts Technologies Corp. (CSE: PULL) appointed Dwight Duncan to its board, shortly after its debut on the Canadian...
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Flora Growth Inks Distribution Deal In Latin America
Monday, November 2, 2020 - 12:58pm | 304Vertically integrated cannabis company Flora Growth Corp. confirmed Monday that its Mind Naturals CBD skincare brand would be available in up to 111 Falabella stores across Latin America. Under the distribution deal with Flora's Flora Beauty division, founded by former Miss Universe...
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Turning Point Brands Backs Cannabinoid Company Dosist With $15M
Tuesday, October 27, 2020 - 11:51am | 340Turning Point Brands Inc. (NYSE: TPB) agreed to invest $15 million in Dosist, a cannabinoid company. The two companies opted to co-create a new CBD brand featuring thc-free products. Under the co-development and distribution deal, Louisville, Kentucky-based TPB can invest another $15...
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Halo Labs Acquires Canmart To Distribute Medical Cannabis To UK Pharmacies
Monday, October 5, 2020 - 9:34am | 372Halo Labs Inc. (NEO: HALO) (OTCQX: AGEEF) agreed to buy U.K.-based medicinal cannabis company Canmart Ltd. in exchange for about 72.5 million common shares. The Toronto-based company confirmed the deal on Sunday. Canmart, an importer and distributor of licensed...
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MediPharm Labs Expands In Brazil Via Supply Deal With XLR8
Tuesday, September 22, 2020 - 12:11pm | 297MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) confirmed Tuesday a partnership with a Rio de Janeiro-based distributor, which will bolster the company's delivery services to the largest medical cannabis market in Latin America. Pursuant to the two-year deal, which would...
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Next Generation Distribution Provider STORD Raises $12.3 Million In Series A Funding
Wednesday, April 17, 2019 - 5:06pm | 657Next-generation warehouse and distribution startup STORD has raised $12.3 million in Series A funding, led by Kleiner Perkins, along with existing investors that include Susa Ventures and Dynamo, among others. Since its inception in 2015, the startup has raised a total of $15 million to-date....
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XPO To Close Memphis Distribution Center Where Alleged Worker Mistreatment Took Place
Friday, February 15, 2019 - 12:01pm | 758Transport and logistics provider XPO Logistics Inc. (NYSE: XPO) will close a Memphis distribution center that had been the site of alleged worker mistreatment by the company, saying today it chose to shutter the facility after its sole customer, telecom giant Verizon Wireless (NYSE: VZ),...
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Happy 420! Here's How To Invest In Legal Marijuana
Wednesday, April 20, 2016 - 4:20pm | 502Happy 420! Even though marijuana is not legal at the federal level, those interested in taking part in Wacky Weed Day's festivities can do so through investing. On Wednesday, Benzinga's PreMarket Prep hosts Joel Elconin and Dennis Dick were joined by Alan Brochstein, the "420...
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Distribution Alert: Tuesday's High-Volume Selloffs
Tuesday, January 19, 2010 - 6:12pm | 176Losers were few and far between on Tuesday, so to see a loser falling on heavy volume is particularly concerning. Not that it was the proverbial nail in the coffin for any of these names, but Fastenal Company (Nasdaq: FAST), Community Health Systems, Inc. (NYSE: CYH), Blackboard Inc. (Nasdaq: BBBB...