2022-08-22 SNDL Inc. formerly Sundial (Nasdaq: SNDL) is purchasing The Valens Corp. Inc. (TSX: VLNS) (Nasdaq: VLNS) for $138M. The Greenrose Holding Corp. Inc. (OTC: GNRS, GNRSW) posted losses for Q2, continuing a downward trend. MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the US, announced a $67M deal with Florida-based Green Sentry Holdings LLC. Resonate Blends, Inc. (OTCQB:KOAN), a cannabis holding company, shared a corporate update covering its recently filed Q2 2022 financial report.
2022-08-23 GH Research PLC (Nasdaq: GHRS) reported results for the Q2 and shared updates on its business. Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), announced that its medical cannabis division, Tilray Medical, received approval and verification from The Natural Health Science Foundation of Tilray Purified Oral Solution CBD100 to be used in clinical trials in Australia and New Zealand.
2022-08-24 MJ Holdings Inc. (OTC Pink: MJNE), a cannabis holding company, announced that it now has “penny stock exempt” status on www.otcmarkets.com per U.S. Securities and Exchange Commission rules. Rainbow Realty Group, LLC and its affiliates announced closing a $20M loan, cross-collateralized by 9 properties in Sacramento, CA, having 12 are licensed cannabis operators. Needham Bank , a financial institution in Massachusetts offering marijuana banking, announced the closure of a cannabis business loan to Bostica, LLC, a cannabis cultivator and manufacturer of cannabis products.
2022-08-25 Vibe Growth (CSE: VIBE) (OTC: VIBEF), a vertically integrated California cannabis enterprise, released its 2022 Q2 results. SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF), a leading global cannabis consumer packaged goods (CPG) company, released financial results for Q2. Bevo will take over the shuttered Aurora Sky facility as part of the completed deal. POSaBIT Systems (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, announced its financial results for Q2. Blueberries Medical Corp. (CSE: BBM) (OTC: BBRRF) (FRA: 1OA), the Canadian parent of Blueberries S.A.S., a Latin American licensed cultivator and producer of medicinal cannabis and medicinal-grade cannabis extracts, reported its financial results for Q2. Fire & Flower US Holdings Inc. (OTC: FFLWF)(formerly American Acres Managers) announces that it has completed a non-brokered private placement of unsecured convertible debentures (the "Debentures") of $5M to its existing shareholders.
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