Vancouver-based Vext Science Inc. (CSE: VEXT) (OTCQX: VEXTF) on Friday announced the sale of its Kentucky medical marijuana license through a subsidiary for $880,000 in cash, and said its business in the Bluegrass State going forward will only be in the hemp sector. The cannabis processing permit was won by …
Tilt Holdings details defaults over unpaid rent in Massachusetts, Pennsylvania
Tilt Holdings (Cboe: CA:TILT) (OTCQB: TLLTF) on Thursday provided more details to investors regarding its defaults to its cannabis landlord on two properties in Massachusetts and Pennsylvania. The Arizona-based multistate operator said it’s facing the possibility of both leases being terminated and legal action over nonpayment of $4.1 million in… …
New York cannabis chief outlines plan for state industry
Felicia Reid took over as interim executive director of the New York Office of Cannabis Management during a tumultuous period. The state Office of General Services had just released a scathing audit and Gov. Kathy Hochul lambasted the state’s recreational marijuana market as a “disaster.” Now, a year later and …
Jones Soda keys in on three-prong strategy, with cannabis playing a critical role
Jones Soda Co. (OTCQB: JSDA), a Seattle-based craft soda maker known for its quirky flavors and customer-submitted label photos, has been aggressively expanding past its traditional soda roots since entering the cannabis market in 2021 with its Mary Jones brand. And after a challenging 2024, alternative adult beverages will be… …