{"id":105094,"date":"2021-02-17T14:00:00","date_gmt":"2021-02-17T14:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2831099"},"modified":"2021-02-17T14:00:00","modified_gmt":"2021-02-17T14:00:00","slug":"the-green-wave-update-cannabis-companies-poised-for-growth","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/02\/17\/the-green-wave-update-cannabis-companies-poised-for-growth\/","title":{"rendered":"THE GREEN WAVE UPDATE: Cannabis Companies Poised for Growth"},"content":{"rendered":"<p><a href=\"https:\/\/icrowdnewswire.com\/2021\/02\/17\/the-green-wave-update-cannabis-companies-poised-for-growth\/#\" class=\"icrowd_post_img\"> <!--<img decoding=\"async\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/02\/5248-1613602889-scaled.jpg\" alt=\"THE GREEN WAVE UPDATE: Cannabis Companies Poised for Growth\">--> <img decoding=\"async\" width=\"128\" height=\"85\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/02\/5248-1613602889-scaled.jpg\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"THE GREEN WAVE UPDAT\" loading=\"lazy\" srcset=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/02\/5248-1613602889-scaled.jpg 2560w, https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/02\/5248-1613602889-1024x683.jpg 1024w, https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/02\/5248-1613602889-768x512.jpg 768w, https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/02\/5248-1613602889-1536x1024.jpg 1536w, https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/02\/5248-1613602889-2048x1365.jpg 2048w\" sizes=\"auto, (max-width: 128px) 100vw, 128px\"> <\/a> <\/p>\n<p><strong>iCrowdNewswire <\/strong><span class=\"date\">&nbsp;&nbsp;Feb 17, 2021&nbsp;&nbsp;9:00 AM ET<\/span><\/p>\n<p>VANCOUVER, Feb. 13, 2021 (GLOBE NEWSWIRE) \u2013 Market Buzz, a trusted digital source in finance, covers the latest in stock market news to help investors stay informed. The Green Wave Update highlights cannabis companies poised for growth. Each weekly rundown provides pertinent information about the ever-evolving cannabis marketplace. This content does not constitute investment advice.<\/p>\n<p><a href=\"https:\/\/www.canopygrowth.com\/\"><strong>Canopy Growth Corporation<\/strong><\/a><strong> (<\/strong><a href=\"https:\/\/money.tmx.com\/en\/quote\/WEED\"><strong>TSX: WEED<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/cgc\"><strong>NASDAQ: CGC<\/strong><\/a><strong>)<\/strong><\/p>\n<p>Canopy Animal Health a division of Canopy Growth Corporation (CGC) recently launched SurityPro<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/12.0.0-1\/72x72\/2122.png\" alt=\"\u2122\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/> \u2013 its new line of CBD pet-specialty products. Developed by Canopy Animal Health\u2019s leading scientists, the new generation dog products support healthy aging, calm behavior, joint health and flexibility along with their overall physical and mental well-being.<\/p>\n<p><strong>February 4, 2021<\/strong> \u2013 Canopy Animal Health provided further details about its new SurityPro<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/12.0.0-1\/72x72\/2122.png\" alt=\"\u2122\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/> CBD products. Each product is offered in three sizes: Small dogs (5-25 pounds), medium dogs (26-50 pounds) and large dogs&nbsp;(51-130 pounds).<\/p>\n<p><strong>February 11, 2021<\/strong> \u2013 Canopy Animal Health released its comprehensive study, \u201cPreliminary Investigation of the Safety of Escalating Cannabinoid Doses in Healthy Dogs,\u201d available at <a href=\"https:\/\/doi.org\/10.3389\/fvets.2020.00051\">https:\/\/doi.org\/10.3389\/fvets.2020.00051<\/a><\/p>\n<p><strong>Chemesis International Inc. (<\/strong><a href=\"https:\/\/thecse.com\/en\/listings\/life-sciences\/chemesis-international-inc\"><strong>CSE: CSI.U<\/strong><\/a><strong>) (<\/strong><a href=\"https:\/\/www.otcmarkets.com\/stock\/CADMF\/overview\"><strong>OTC: CADMF<\/strong><\/a><strong>) (<\/strong><a href=\"https:\/\/www.boerse-frankfurt.de\/equity\/chemesis-intl-inc-o-n-1\"><strong>FRA: CWAB<\/strong><\/a><strong>)<\/strong><\/p>\n<p>Chemesis International Inc. (CADMF) is taking advantage of new technologies to pivot its retail model away from traditional bricks and mortar stores. The company\u2019s infrastructure is set to thrive as it deploys its new AI-enabled VICKI systems to airports, sports venues and shopping malls.&nbsp;CADMF hopes to deploy 5,000 vending units in new markets, if this is accomplished it would increase &nbsp;annual revenue by a projected $250 million.<\/p>\n<p><strong>December 7, 2020<\/strong> \u2013 CADMF announced its partnership with the Reebok Lab in West Hollywood, California. With approval to place its VICKI self-checkout unit in the gym, the company will receive important data points for its successful expansion within the fitness industry. The two companies will develop an educational platform to createproducts that enhance an athlete\u2019s performance.<\/p>\n<p><strong>December 3, 2020<\/strong> \u2013 CADMF announced its brand partnership with Ubican Global as its primary supplier for its US VICKI program. The company is a trusted supplier of a family of more than 10 carefully cultivated brands, each with a diversity of cannabis products. Each brand uses a customized approach to accommodate its demographic, increase brand loyalty and build reoccurring revenue streams.<\/p>\n<p><strong>Tilray Inc (<\/strong><a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/tlry\"><strong>NASDAQ: TLRY<\/strong><\/a><strong>)<\/strong><\/p>\n<p>Tilray Inc (TLRY) provides medical cannabis to patients, physicians, pharmacies, governments, hospitals and researchers in eight countries. The company strives to cultivate and deliver the benefits of medical cannabis safely and reliably.<\/p>\n<p><strong>February 9, 2021<\/strong> \u2013 TLRY announced it has established an agreement with Grow Pharma to import and distribute its medical cannabis products into the&nbsp;United Kingdom&nbsp;(UK), allowing authorized UK patients to access locally-available medical cannabis solutions.<\/p>\n<p><strong>December 16, 2021<\/strong> \u2013 TLRY merged with competitor Aphria Inc. to create a new company using the Tilray name. The two announced a projected pro forma revenue of $874 million as a result of the deal. Since then, the two stocks have traded separately.<\/p>\n<p><a href=\"https:\/\/curaleaf.com\/\"><strong>Curaleaf Holdings, Inc.<\/strong><\/a><strong> (<\/strong><a href=\"https:\/\/www.thecse.com\/en\/listings\/life-sciences\/curaleaf-holdings-inc-subordinate-voting-shares\"><strong>CSE: CURA<\/strong><\/a><strong>) (<\/strong><a href=\"https:\/\/www.otcmarkets.com\/stock\/CURLF\/overview\"><strong>OTCQX: CURLF<\/strong><\/a>)<\/p>\n<p>Curaleaf Holdings Inc. (CURA) is a leading U.S. provider of cannabis products. The company owns and operates 100 dispensaries, 23 cultivation sites and 30 processing sites. CURA attributes its success to its leadership team and suite of cutting-edge products including Classic Chews, Sublingual Tablets, Live Blends and more.<\/p>\n<p><strong>February 5, 2021<\/strong> \u2013 CURA announced the opening of its 34th dispensary in Florida and 98<sup>th<\/sup> dispensary nationwide. St. Petersburg will now have convenient access to two CURA dispensaries, open to patients with a valid Florida Medical Marijuana ID card.<\/p>\n<p>\u201cSince opening our first dispensary in&nbsp;St. Petersburg&nbsp;in 2018, our team has forged invaluable patient connections, and we look forward to offering our world-class care to even more patients through this second location,\u201d said&nbsp;Joe Bayern, CEO of Curaleaf.<\/p>\n<p><a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/sndl\"><strong>Sundial Growers Inc.<\/strong><\/a><strong><u> (<\/u><\/strong><a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/sndl\"><strong>NASDAQ: SNDL<\/strong><\/a><strong><u>)<\/u><\/strong><\/p>\n<p>Sundial Growers Inc. (SNDL) is a licensed cannabis producer located in Calgary, Alberta. It crafts state-of-the-art indoor facilities for the production of premium cannabis. Using an individualized \u201croom\u201d approach, the Canadian operations cultivate small batch cannabis with 448,000 square feet of total space.<\/p>\n<p><strong>Watch the Sundial Growers Inc. <\/strong><strong>(NASDAQ: SNDL)<\/strong><strong> Company Video:<\/strong> <a href=\"https:\/\/vimeo.com\/477328777\"><strong>https:\/\/vimeo.com\/477328777<\/strong><\/a><\/p>\n<p><strong>February 4, 2021<\/strong> \u2013 SNDL announced the closing of its $74.5 million registered offering. Following the closing of the offering, the Calgary-based company has unrestricted cash of approximately $610 million, an estimated $61 million in marketable securities and loans and roughly 1.56 billion common shares outstanding.<\/p>\n<p><a href=\"https:\/\/www.gtigrows.com\/\"><strong>Green Thumb Industries Inc.<\/strong><\/a><strong> (<\/strong><a href=\"https:\/\/thecse.com\/en\/listings\/life-sciences\/green-thumb-industries-inc-subordinate-voting-shares\"><strong>CSE: GTII<\/strong><\/a><strong>) (<\/strong><a href=\"https:\/\/www.otcmarkets.com\/stock\/GTBIF\/overview\"><strong>OTCQX: GTBIF<\/strong><\/a><strong>)<\/strong><\/p>\n<p>Green Thumb Industries (GTII) offers a portfolio of recreational marijuana products that are distributed in 11 states. Its products are diverse, including Solomon\u2019s cannabis-infused skin lotions and even dogwalker pre-rolled blunts. GTII currently operates 13 manufacturing facilities and 96 licensed retail locations across 12 states.<\/p>\n<p><strong>February 9, 2021<\/strong> \u2013 GTII announced its first public sale of equity registered with the U.S. Securities Exchange Commission to raise USD $100 million. \u201cInstitutional investors are waking up to the great American cannabis growth story,\u201d said Green Thumb Founder and CEO Ben Kovler. \u201cThis investment reflects the very real interest, understanding and momentum behind the potential $100 billion U.S. cannabis opportunity that is happening now.<\/p>\n<p><strong>April 12, 2020<\/strong> \u2013 When lots of companies were feeling the pain of the pandemic, GTII managed to grow their total revenue by 16.6% to $119.6 million. This growth momentum only increased as the economy began to reopen.<\/p>\n<p><a href=\"https:\/\/www.trulieve.com\/\"><strong>Trulieve Cannabis Corp.<\/strong><\/a><strong> (<\/strong><a href=\"https:\/\/thecse.com\/en\/listings\/life-sciences\/trulieve-cannabis-corp-subordinate-voting-shares\"><strong>CSE: TRUL<\/strong><\/a><strong>) (<\/strong><a href=\"https:\/\/www.otcmarkets.com\/stock\/TCNNF\/overview\"><strong>OTCQX: TCNNF<\/strong><\/a><strong>)<\/strong><\/p>\n<p>Trulieve Cannabis Corp. (TRUL) is a medical cannabis company that cultivates and produces products in-house and distributes them in Trulieve branded dispensaries in Florida, California, Massachusetts and Connecticut. It also offers home delivery to patients.<\/p>\n<p><strong>February 10, 2021<\/strong> \u2013 TRUL announced its opening of its new Florida dispensary, making it the company\u2019s 79<sup>th<\/sup>nationwide. The retail location will be the company\u2019s third in Jacksonville, giving patients access to the state\u2019s wide offering to high-quality medical cannabis products. \u201cIt\u2019s important to us that patients have safe, reliable access to the medications they use every day, and to continue to provide that with our newest&nbsp;Jacksonville&nbsp;dispensary,\u201d&nbsp;said&nbsp;Trulieve&nbsp;CEO&nbsp;Kim Rivers.<\/p>\n<p><strong>February 3, 2021<\/strong> \u2013 TRUL announced the expansion of its Blue River<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/12.0.0-1\/72x72\/2122.png\" alt=\"\u2122\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/> extracts lineup with Cold Cure Live Rosin. This newest addition to the&nbsp;Blue River&nbsp;products sold in&nbsp;Trulieve&nbsp;stores across&nbsp;Florida&nbsp;is its most premium concentrate offering to date. Cold Cure Live Rosin is a solvent free&nbsp;extract offering a balanced experience between flavor, effect and potency with extreme purity.<\/p>\n<p>\u201cWe\u2019ve&nbsp;worked closely with the&nbsp;Blue River&nbsp;team over the past several months to perfect this process and we know patients will find powerful, potent relief with Cold Cure Live Rosin,\u201d said Trulieve Chief Marketing Officer Valda Coryat.<\/p>\n<p><strong>About Market Buzz<\/strong>:<\/p>\n<p>Market Buzz is a financial news platform that offers investors premium information on high-growth Potential Stocks, Industry Disruptors, &amp; Capitalizers along with US and Canadian Market Opportunities.<a href=\"http:\/\/www.marketbuzz.ca\/\">www.MarketBuzz.ca<\/a>. This content does not constitute investment advice.<\/p>\n<p><h3> Contact Information: <\/h3>\n<\/p>\n<p>Market Buzz<br \/>604-910-7602<br \/>info@marketbuzz.ca<br \/>www.MarketBuzz.ca <\/p>\n<hr>\n<div class=\"viacrowd viaimg\"> <a href=\"https:\/\/icrowdnewswire.com\"><img decoding=\"async\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/themes\/icrowdnewswire\/images\/post_via_image.png\" alt=\"iCrowdNewswire\"><\/a> <\/div>\n<p> <!-- Now display keyword(tags) if any, and Categories combined --> <\/p>\n<p><span id=\"keywords_post_single\"> <strong> Keywords:<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;cannabis, finance, investing, stocks, news, markets<\/span><\/p>\n<p> <!--<\/p>\n\n\n\n\n\n\n\n<p>\n\n\n\n<div class=\"btn btn-primary\"> <a href=\"\" target=\"_blank\" id=\"related_posts_url\" rel=\"noopener noreferrer\">View Related Posts<\/a> <\/div>\n\n\n\n--> <\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/the-green-wave-update-cannabis-companies-poised-for-growth\/\">THE GREEN WAVE UPDATE: Cannabis Companies Poised for Growth<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\">Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>iCrowdNewswire &nbsp;&nbsp;Feb 17, 2021&nbsp;&nbsp;9:00 AM ET VANCOUVER, Feb. 13, 2021 (GLOBE NEWSWIRE) &ndash; Market Buzz, a trusted digital source in finance, covers the latest in stock market news to help investors stay informed. The Green Wave Update highlights cannabis companies poised for growth. Each weekly rundown provides pertinent information about the ever-evolving cannabis marketplace. This [&hellip;]<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/the-green-wave-update-cannabis-companies-poised-for-growth\/\">THE GREEN WAVE UPDATE: Cannabis Companies Poised for Growth<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/\">Financial Market Brief<\/a>.<\/p>\n<p> <a href=\"https:\/\/ipsnews.net\/business\/2021\/02\/17\/the-green-wave-update-cannabis-companies-poised-for-growth\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":291,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-105094","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>THE GREEN WAVE UPDATE: Cannabis Companies Poised for Growth - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2021\/02\/17\/the-green-wave-update-cannabis-companies-poised-for-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THE GREEN WAVE UPDATE: Cannabis Companies Poised for Growth - Business\" \/>\n<meta property=\"og:description\" content=\"iCrowdNewswire &nbsp;&nbsp;Feb 17, 2021&nbsp;&nbsp;9:00 AM ET VANCOUVER, Feb. 13, 2021 (GLOBE NEWSWIRE) &ndash; Market Buzz, a trusted digital source in finance, covers the latest in stock market news to help investors stay informed. 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Market Buzz, a trusted digital source in finance, covers the latest in stock market news to help investors stay informed. The Green Wave Update highlights cannabis companies poised for growth. Each weekly rundown provides pertinent information about the ever-evolving cannabis marketplace. This [&hellip;] The post THE GREEN WAVE UPDATE: Cannabis Companies Poised for Growth appeared first on Financial Market Brief. 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