Case Studies
Delaware OMC Reports $7.4M in First Month of Recreational Cannabis Sales
DOVER – Retailers in Delaware sold about $7.4 million worth ...
AYR Locks In $50M Bridge Loan to Strengthen Restructuring Efforts
MIAMI – AYR Wellness Inc., a vertically integrated multistate Cannabis ...
Texas Expands Medical Cannabis Access
LOS ANGELES- In a significant policy shift, Texas lawmakers have approved House Bill 46, expanding the state's medical cannabis program to include patients with chronic pain and those in hospice or terminal care. The bill ...
Cresco Labs Reschedules Q1 2025 Earnings
LOS ANGELES- Cresco Labs Inc. has announced an updated schedule for its first quarter 2025 financial disclosures. The company will file its interim financial statements and Management’s Discussion and Analysis (MD&A) on Friday, May 30, ...
London Mayor Advocates for Decriminalization of Cannabis Possession
LOS ANGELES- London Mayor Sadiq Khan has endorsed recommendations from the London Drugs Commission (LDC) to decriminalize the possession of small quantities of natural cannabis for personal use. The LDC, established by Khan in 2022 ...
Analysis: Cannabis Capital on the Rise: A Resilient Industry Continues To Grow
NEW YORK–Despite persistent regulatory frustrations, wholesale price compression, slowing growth, and historically low stock prices, the cannabis capital markets are showing unexpected strength. According to Viridian Capital Advisors, global cannabis capital raises surged to $2.3 ...
California Seizes $534 Million in Illegal Cannabis in 2024
LOS ANGELES- In 2024, California enforcement officials seized illegal cannabis valued at approximately $534 million, underscoring the state's commitment to regulating its cannabis industry. Enforcement Actions and Seizures The Unified Cannabis Enforcement Task Force ...
Blueberries Medical Corp. Announces C$1 Million Non-Brokered Private Placement
LOS ANGELES- Blueberries Medical Corp., a Latin American licensed producer of medicinal cannabis and cannabis-derived products, has announced a non-brokered private placement to raise approximately C$1.05 million (approximately US$740,000). Offering Details Common Shares Issued: ...
TerrAscend Reports Fourth Quarter and Full Year 2024 Financial Results
LOS ANGELES- TerrAscend Corp., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. Fourth Quarter 2024 Highlights Net Revenue: $74.4 million, a 0.3% increase from ...
Texas Expands Medical Cannabis Access
LOS ANGELES- In a significant policy shift, Texas lawmakers have approved House Bill 46, expanding the state's medical cannabis program to include patients with chronic pain and those in hospice or terminal care. The bill ...
Cresco Labs Reschedules Q1 2025 Earnings
LOS ANGELES- Cresco Labs Inc. has announced an updated schedule for its first quarter 2025 financial disclosures. The company will file its interim financial statements and Management’s Discussion and Analysis (MD&A) on Friday, May 30, ...
London Mayor Advocates for Decriminalization of Cannabis Possession
LOS ANGELES- London Mayor Sadiq Khan has endorsed recommendations from the London Drugs Commission (LDC) to decriminalize the possession of small quantities of natural cannabis for personal use. The LDC, established by Khan in 2022 ...
Clever Leaves Appoints William Muecke to Board of Directors
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), an operator and licensed producer of pharmaceutical-grade cannabinoids, announced that it has appointed William Muecke to its board of directors, effective March 25, 2022, ...
CBD Gummies Market Size Worth $12.18Bn, Globally, by 2028 at 28.3% CAGR
The CBD Gummies Market Size, Growth driven by the rising popularity of CBD gummies owing to their therapeutic effects, surging influence of social media and celebrities, growing awareness regarding the health benefits of CBD products ...
Glass House Brands Reports Fourth Quarter and Full Year 2021 Financial Results
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) reported financial results for its fourth quarter and year ending December 31, 2021. Fourth Quarter 2021 and 2021 ...
TerrAscend Reports Full Year 2021 Net Sales of $210.4 Million, an Increase of 42% Year-Over-Year
TORONTO - TerrAscend Corp. (CSE: TER) ( OTCQX: TRSSF), a North American cannabis operator, reported its financial results for the fourth quarter and full year periods ending December 31, 2021. All amounts are expressed in ...
The Valens Company Continues to Grow National Market Share
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to provide an update on its recent recreational market share in Canada. Tyler Robson, Chief Executive Officer, ...
MariMed Doubles Full Year Revenue and Adjusted EBITDA As It Reports Q4 and Full Year 2021 Earnings
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced its financial and operating results for the fourth quarter and full year ended December 31, 2021. FOURTH ...
CannTrust Exits Creditor Protection With New Investor, Plans to Rebrand
VAUGHAN, ONTARIO— CannTrust Holdings Inc. announced it will rebrand and change it's name after it emerged from court-supervised proceedings under the Canadian Companies’ Creditors Arrangement Act. This change in fortunes came about when a CannTrust ...
ACCM Announces – Launch of Pennsylvania Advocacy Initiatives Including Work to Approve Delivery
Full Yes We Cann! and Elevated States Programming Will Align, Educate, and Support New and Existing Medical Cannabis Patients WASHINGTON - The American Council of Cannabis Medicine (ACCM) announced that Pennsylvania is fully opening up ...
Schwazze Signs Definitive Documents to Acquire Assets of Urban Health & Wellness, Inc.
DENVER - Schwazze, (OTCQX: SHWZ), announced that it has signed definitive documents to acquire all the assets of Urban Health & Wellness, Inc. The proposed transaction includes the adult use Urban Dispensary, located at West ...
Psychedelics Deep Dive: Key Players in the Psychedelics Industry: Part 2 of 4
LOS ANGELES- The psychedelics industry is just now starting to make headlines. Ketamine, a potent psychedelic, has been legal with a doctor’s prescription for decades, and psilocybin is already recreationally legal in certain areas around ...
Trees Corporation Announces Closing of Acquisition of Miraculo Inc. and Leadership Changes
TORONTO - Trees Corporation (NEO: TREE, a Canadian cannabis retailer, announced that it has completed its previously announced acquisition of Miraculo Inc. pursuant to the terms of an amalgamation agreement dated February 7, 2022 whereby ...
Ikänik Farms Announces Executive Change and Corporate Direction
TORONTO - Ikänik Farms, Inc. (CSE: IKNK.U) (FSE: DFMA) has announced that Brian Baca has tendered his resignation as CEO and Director of the Company effectively immediately. Borja Sanz De Madrid has been appointed interim ...
IM Cannabis Closes Three Previously Announced Strategic Acquisitions in Israel
TORONTO and GLIL YAM, Israel - IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC), a medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, has completed three strategic acquisitions announced in 2021. ...
Kulbi and NMBLProducts Announce Exclusive Partnership for Amazon.com
LOS ANGELES - Kulbi, creators of the world renowned Blackbox product - www.blackboxgoods.com - has signed an exclusive deal to officially be the only seller worldwide to now carry the NMBL GO, the top trending ...
TerrAscend to Launch Mobile Retail App on the Apple App Store
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, launched The Apothecarium mobile retail app for Apple iOS devices. Available for download through the Apple App Store for customers in New ...
Curaleaf Appoints Neil Davidson as Interim Chief Financial Officer
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced today that it has appointed Neil Davidson as Interim Chief Financial Officer, effective March 14, ...
Neptune Wellness Solutions Inc. Closes US$8,000,000 Registered Direct Offering
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, announced that it has closed on the previously announced registered direct ...
Akanda Corp. Announces Pricing of Initial Public Offering and Expects To Commence Trading on NASDAQ
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) congratulates Akanda Corp. (NASDAQ: AKAN), an international medical cannabis company, on the pricing of its initial public offering of 4,000,000 common shares at a ...
Curaleaf Celebrates Opening Of Tamarac, Florida Dispensary
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced the opening of its newest location in Tamarac, Florida. Curaleaf Tamarac is the Company's 45th ...
At CAGR 8.1% Globally Cannabis Cultivation Market Growth
NEW YORK - As per the findings of Zion Market Research study, Cannabis Cultivation industry garnered profits worth US$ 147.3 billion in 2020 and is set to amass revenue of approximately US$ 359.6 billion by ...
Decibel Announces a Fourth Consecutive Month of Record Market Share and Provides an Operational Update
CALGARY, AB - Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) is pleased to provide an operational update with respect to its capital projects and announces its fourth consecutive month of record market share in ...
Glass House Brands Receives Licenses to Operate SoCal Greenhouse Facility
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), announced that as of March 11th, 2022 it had received California state cannabis licenses, as well as ...
Martha Stewart CBD Expands Flavor Portfolio With Launch of New Tropical Medley CBD Wellness Gummies
SMITHS FALLS, ON and NEW YORK - Martha Stewart CBD revealed the latest expansion and flavor innovation within its growing CBD portfolio – Tropical Medley CBD Wellness Gummies. The new product offering features three brand-new ...
AWH Announces Release of its 2021 Environmental, Social, and Governance Metrics
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a cannabis operator focused on bettering lives through cannabis, today announced the release of its 2021 environmental, social and governance metrics, aligned with the ...
IM Cannabis Reports Preliminary Fourth Quarter and Full Year 2021 Financial Results
TORONTO and GLIL YAM, Israel - IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC), a medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, provided preliminary unaudited financial results for the three ...
