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Cannabis and Hemp Industry Investment News

Cannabis Industry Press Releases and News Articles from the best investment journalist in the industry. Stay updated on all cannabis investment news from every online source, on MjInvest.com

EuroLife Brands secures 5% stake in German hemp operation, Farmhus

The hemp company’s 2020 two-year business plan estimates that the operation will generate more than €3 million in its first year Farmhus owns more tha...

BevCanna Enterprises enters into deal to manufacture CBD wellness beverages for Marianna Naturals

The Vancouver-based company will become the exclusive Canadian manufacturing and distribution partner for Marianna's new line of white-label CBD-based...

Australis Capital revises terms of Passport Technology acquisition after a slew of new contracts ups revenue forecasts

The move is designed to reflect 16 additional contracts that Passport has signed since Australis announced the acquisition Based on the purchase price...

Australis Capital acquires 2.9 million shares of US multistate operator Body and Mind

The company acquired the shares through the conversion of unsecured debentures valued at $1.6 million The debentures were acquired in a private placem...

Passport Technology expands its casino relationship adding 16 more sites in BC and Alberta

Australis Capital revealed that it was acquiring Passport to complement its existing fintech assets. Passport provides cash access services to casinos...

Innocan Pharma director Bill Macdonald resigns as CBD company settles $50,000 debt

The debt is being settled through the issuance of 335,570 common shares to a former service provider at $0.149 each The company focuses on the develop...

Heritage Cannabis signs contract manufacturing agreement with True North Agri; reports 2Q results

Heritage ended 2Q with cash and equivalents of C$5.3 million and working capital of $13 million Heritage subsidiary Voyage Cannabis will provide True ...

1933 Industries expects “prudent financial measures” to lay the ground for growth in 2020 as it posts fiscal 3Q numbers

For its fiscal third quarter ended April 30, 2020, the company clocked up revenue of C$2.6 million The company’s balance sheet had C$4.9 million in ca...

MMJ Group investee Embark Health to complete reverse takeover of Mesa Exploration

Earlier this month, Embark signed an agreement to provide high-quality cannabis raw materials for vape pens to be marketed in the Canadian market. MMJ...

EuroLife Brands finalizing deals to acquire hemp retailer CEW European Holdings and a stake in German cultivation facility Farmhus

EuroLife also said that its technology division is on track to post a positive return of cash flow this year The company said it is proceeding with a ...

Australis Capital pleased with shareholder response to pending Passport Technology acquisition

The deal should allow Australis to become EBITDA positive in 2021, according to the company AUSA said its path to the Passport acquisition included ex...

Harvest One Cannabis unveils management changes, including new interim finance chief

Marc Tran has been appointed as interim finance chief, with Aaron Wong is to resign as the group's chief financial officer effective June 30 this year...

Medlab Clinical completes first order of new hybrid cannabinoid to UK

The combination of two formulations, Mg Optima Relax and CBD, promote relaxation and reduces stress. The first order of 5,000 units has been manufactu...

MMJ Group investee Harvest One enters C$8.2 million divestment agreement

Harvest One is a global cannabis company that develops and provides lifestyle and wellness products to consumers and patients in regulated markets aro...

Harvest One sells United Greeneries facility for C$8.2M; reveals fiscal 3Q revenue bump

The company also plans to execute a license agreement with the facilities purchasers in exchange for a royalty Harvest One serves as an umbrella over ...


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