48North Cannabis (TSXV:NRTH) announced a supply agreement with Good & Green, an organic cannabis late-stage applicant with the ACMPR.

As quoted in the press release:

Under the terms of the Agreement, signed September 28, 2018, 48North will pay Good & Green $1,500,000 in exchange for 6,000 kilograms of organically sun-grown, dried cannabis, as permitted under the Cannabis Act, for use in extraction, to be delivered on or before December 31, 2019.

This Agreement follows 48North’s announcement that it received a supplemental license from Health Canada for the extraction and production of cannabis oil and marks another key milestone towards the Company’s commitment to produce second-generation cannabis products focused on the women’s health and wellness market. The additional access to 6,000 kilograms of dried cannabis significantly increases 48North’s ability to produce low-cost, extracted cannabis products, including the recently announced licensing deal with Mother & Clone’s proprietary, rapid-absorption, sublingual nanospray.

“We look forward to collaborating with Good & Green given their extensive experience in the production of organically grown cannabis,” said Alison Gordon, Chief Executive Officer at 48North. “This arrangement provides 48North with a meaningful amount of organically sun-grown cannabis, which is essential to developing second-generation products.”

Click here to read the full press release.

Source: www.newswire.ca

  • Domestic Medical Net Revenue Steady at $26.9 Million
  • Strong International Medical Net Revenue of $9.4 Million
  • Total Cannabis Net Revenue, Excluding Provisions, of $58.4 Million
  • Business Transformation Plan Continues, Management Expects to Deliver Incremental Cost-Saving Measures of $60 Million to $80 Million Annually
  • Balance Sheet Remains Strong with ~$525 Million of Cash on Hand at May 12, 2021
  • Lead Independent Director Ronald Funk Appointed as Chairman, Michael Singer to Remain Board Member


 Aurora Cannabis Inc. (the ” Company ” or ” Aurora “) (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced its financial and operational results for the third quarter of fiscal 2021 ended March 31, 2021 .

Keep reading... Show less

Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies

Keep reading... Show less

Experienced executives fill senior roles in business development, M&A, clinic operations and design, and corporate communications

Numinus Wellness Inc. (“Numinus” or the “Company”) (TSXV: NUMI), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, today announced the appointments of five experienced leaders to support strategic growth initiatives across the Company’s three divisions Numinus Health, Numinus R&D and Numinus Bioscience.

Keep reading... Show less

Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) (“Nextleaf”, “OILS”, or the “Company”), the world’s most innovative cannabis extractor, is pleased to announce its initial entry into branded consumer products, with the acquisition of all rights associated with the award-winning, prohibition-era brand, “Glacial Gold”, a previous category leader in speciality concentrates and extracts, with market validated formulations.

Keep reading... Show less

Mission Dispensaries to Host Live Stream Grow Seminar with Legendary Cannabis Geneticist
DJ Short on Saturday, May 16, 2021 from 4:20 p.m. to 6:00 p.m ET, Bringing World-Class Cultivation Tips to Detroit’s Legacy Cannabis Operators, Aspiring Entrepreneurs and
Those Adversely Impacted by the War on Drugs

Event to Raise Awareness and Funds for Homegrown Detroit’s Mission of Providing Critical Resources and Mentorship to Ensure Legacy Detroiters’ Success in the Emerging Marketplace

Keep reading... Show less