Cannabis - Spark Newswire

2 minute read

Cybin Restructures Staff As It Enters Clinical-Stage Era: Here’s How The Market Responded

Today, 2:54 AM

Cybin Inc. (NEO:CYBN) (AMEX:CYBN) announced Thursday a streamlining plan aimed at maximizing the company’s operating efficiency and allowing it to focus on critical clinical trials.

CYBN

2 minute read

Jeffs’ Brands To Acquire A 49% Interest In A Company That Owns A Top Seller Brand On Amazon For $2.5M

By Vuk Zdinjak

Today, 2:54 AM

Jeffs' Brands Ltd (NASDAQ: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, has entered into a definitive agreement with SciSparc Ltd.

JFBR

2 minute read

Clear Signs Of A Struggling Industry? Marijuana Operator Explores Jumping Into Hospitality Just In Case

By Vuk Zdinjak

Today, 2:54 AM

Sugarmade, Inc. (OTCPK:SGMD) has entered into a binding letter of intent, dated February 21, 2023, to acquire the real estate assets and businesses of Treasure Mountain Holdings, LLC and Victorville Treasure Holdings, LLC.

SGMD

2 minute read

EnWave Q1 FY23 Revenue Declines 25% YoY, What About Adjusted EBITDA?

By Vuk Zdinjak

Today, 2:54 AM

EnWave Corporation (OTCPK:NWVCF) (TSX-V:ENW) (FSE:E4U) released financial results for the first quarter ended December 31, 2022, revealing revenue of CA$4.71 million ($3.48 million), a 5% decrease compared to CA$4.97 million in Q4 FY 2022 and a 25% decrease compared to CA$6.3 million in Q1 FY 2022.

NWVCF

2 minute read

Lotus Ventures FY22 Revenue Drops 208%, What About Net Loss?

By Vuk Zdinjak

Today, 2:54 AM

Lotus Ventures Inc. (OTCPK:LTTSF) (CSE:J) released financial results for the period ending August 31, 2022, revealing revenue of CA$1.69 million ($1.25 million) in fiscal year 2022, a 208% decrease compared to CA$5.48 million in the fiscal year 2021. Fiscal Year 2022 Financial Highlights

CSE:J

1 minute read

Development Of DMT Transdermal Patch With Eye Disease Treatment In Mind

By Lara Goldstein

Today, 2:54 AM

Specialty R&D psychedelics company PharmaDrug Inc. (OTCQB: LMLLF) has inked a research collaboration agreement with PharmaTher Holdings Ltd. (OTCMKTS: PHRRF) to evaluate the delivery of DMT through PharmaTher's microneedle patch technology.

LMLLF

2 minute read

Awakn’s First Licensing Partnership Deal In Europe Involves Chain Of Portuguese Clinics

By Lara Goldstein

Today, 2:54 AM

Awakn Life Sciences Corp. (OTCQB: AWKNF) has signed a licensing partnership agreement in Europe with a Portugal-based healthcare consortium currently operating in stealth mode.

AWKNF

1 minute read

Greenlane To Receive More Than $4.8M In Employee Retention Credit And Jointly Reduces More Than $6.4M Of Existing Debt

By Vuk Zdinjak

Today, 2:54 AM

Greenlane Holdings, Inc. (NASDAQ: GNLN) reduces its current loan facility by over 40% from $15 million to approximately $8.5 million, while also receiving more than $4.8 million from the sale of its Employee Retention Credit.

GNLN

1 minute read

What Canopy Growth’s $150M Financing Means: Analyst

By Benzinga Cannabis

Today, 2:54 AM

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) is trading lower in the pre-market after it announced an agreement with an…

CGC

2 minute read

Delivra Health Stock Trading Higher On Reached Profitability

By Vuk Zdinjak

Today, 2:54 AM

Delivra Health Brands Inc. (OTCQB: DHBUF) (TSXV:DHB) (formerly, Harvest One Cannabis Inc.) released its financial and operating results for the three and six months ended December 31, 2022, revealing total net revenue from continued operations of CA$2.39 million

DHBUF