The Daily Hit is a recap of the top cannabis business stories for April 28, 2022.
ON THE SITE
GMR WOMEN’S LEADERSHIP AWARD WINNERS
On Thursday, April 26th, the first-ever Green Market Report Women’s Leadership Awards ceremony was held at The Green Market Report Women’s Summit in Manhattan, NYC to honor female and female-identifying cannabis professionals in categories ranging from Cultivation to Activism and Politics. Read more here.
IN OTHER NEWS
Harborside Inc. (CNSX: HBOR), (OTCQX: HBORF), a California-focused, vertically integrated cannabis enterprise, today filed its audited annual financial statements and management’s discussion & analysis for the twelve months ended December 31, 2021, under the Company’s profile on SEDAR at sedar.com. Read more here.
HALO COLLECTIVE, INC., PYHTOCANN HOLDINGS SA
Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) today announced that it has signed a letter of intent and entered into exclusive negotiations to acquire Phytocann Holdings SA, European-based wellness CBD companies. The planned acquisition would add substantial revenue, EBITDA, geographic diversification, and a CBD-based product lineup to Halo when closed. Read more here.
ECO INNOVATIONS GROUP, INC.
Eco Innovation Group, Inc. (OTC: ECOX), a company developing green energy solutions, is pleased to update current and prospective shareholders as the company’s exclusively licensed supercritical Glycerin Extraction Technology (or GET System), an advanced cannabis extraction system, is now covered by claims in U.S. Patent No. 11,304,986 issued April 19, 2022. Read more here.
MARIMEDS INC., KIND THERAPEUTICS LLC
MariMed Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced it completed the acquisition of Kind Therapeutics U.S.A., LLC, a leading vertically integrated cannabis business in Maryland. The Maryland Medical Cannabis Commission approved the transfer to MariMed at their April 13th meeting and the closing took place April 27, 2022. Read more here.
Roundhill Investments, an ETF sponsor focused on developing innovative thematic funds, is pleased to announce that options for WEED — the Roundhill Cannabis ETF — are now listed for trading on Cboe’s options exchanges. The Roundhill Cannabis ETF (“WEED ETF”) is designed to offer investors exposure to the cannabis sector. Read more here.
PURE EXTRACTS TECHNOLOGIES CORP.
Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ, a plant-based extraction company focused on cannabis and hemp, announced that its wholly owned subsidiary, Pure Extracts Manufacturing Corp., has received an initial purchase order (PO) for its cannabis vape cartridges and CBD edibles from the Nova Scotia Liquor Corporation Cannabis. This marks the sixth province that will be listing Pure Extracts’ branded products. Read more here.
TREEZ 420 REPORT
Treez (www.treez.io), the leading enterprise cloud commerce platform that powers retail and supply chain operations for the cannabis market, announced today its retail customers reported strong growth in sales and other key business performance metrics during the 4/20 holiday last week. Read more here.