Brands

LOS ANGELES- Cresco Labs Inc. reported $30 million in operating cash flow for the first quarter of 2025, reflecting its ongoing emphasis on cash generation and financial discipline. This figure follows a record $132 million in operating cash flow for the full year 2024, more than doubling the $59 million reported in 2023 The company’s ...

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, 2025. A conference call and webcast to discuss the results is scheduled for Monday, June 2, 2025, at 8:30 a.m. ...

LOS ANGELES- Mind Medicine  has announced the appointment of Brandi L. Roberts, CPA, as its Chief Financial Officer, effective June 2, 2025. Roberts will oversee the company's financial strategy, capital planning, accounting, investor relations, and information technology as MindMed advances its clinical development and commercial initiatives for its lead product candidate, MM120, an orally disintegrating ...

LOS ANGELES- Glass House Brands Inc. a vertically integrated cannabis company, has announced the mailing of its management information circular to shareholders ahead of its annual and special meeting scheduled for June 20, 2025. At this meeting, shareholders will vote on a proposed long-term management incentive plan involving performance-based restricted stock units (RSUs) for key ...

LOS ANGELES- iAnthus Capital Holdings, Inc.  a multi-state operator in the U.S. regulated cannabis industry, released its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue: $38.1 million, a decrease from $42.7 million in Q4 2024 and $41.6 million in Q1 2024. Gross Profit: $18.9 million, with a gross margin of ...

LOS ANGELES- Village Farms International Inc. has announced its financial results for the first quarter of 2025, highlighting a strategic pivot towards its cannabis operations and the privatization of certain fresh produce assets. For the quarter ending March 31, 2025, Village Farms reported consolidated revenues of $77.1 million, a slight decrease from $78.1 million in ...

Green Thumb Industries Inc. a U.S.-based cannabis consumer packaged goods company and owner of RISE Dispensaries, announced its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue for Q1 2025 was $280 million, a 1% increase compared to the same period in 2024. Net income was $8.3 million, down from $31.1 ...

LOS ANGELES- The Boston Beer Company, through its Canadian subsidiary BBCCC Inc., has announced the expansion of its cannabis-infused beverage offerings for the summer season. The company introduced a new TeaPot Rosin-Infused Lemon Black Iced Tea and two additional flavors in its Emerald Hour line of non-alcoholic cannabis cocktails. The TeaPot Rosin-Infused Lemon Black Iced ...

LOS ANGELES- Organigram Global Inc. is scheduled to release its financial results for the second quarter of fiscal 2025, ending March 31, on Monday, May 12, 2025, before market open. The company will host a conference call at 8:00 a.m. Eastern Time to discuss the results. In the preceding quarter, Organigram reported a 17% year-over-year ...

LOS ANGELES- LEEF Brands Inc.  a vertically integrated cannabis company based in California, has released its financial results for the first quarter of 2025 and the full year of 2024. The company reported a 19% year-over-year increase in revenue for Q1 2025, reaching $9.4 million, and a net income of $2.0 million, marking a turnaround ...

LOS ANGELES- Glass House Brands Inc. a vertically integrated cannabis company focused on the California market, announced it will release its financial results for the first quarter of 2025 on Tuesday, May 13, after market close. The company will host a conference call at 5:00 p.m. Eastern Time to discuss the quarterly results. Investors and ...

LOS ANGELES- Village Farms International Inc.has received a 180-day extension from The Nasdaq Stock Market LLC to regain compliance with the exchange's minimum bid price requirement. This extension follows the expiration of the initial compliance period on April 16, 2025. The company now has until October 13, 2025, to ensure that its common shares close ...

LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, has announced recent adjustments to its executive team. Effective April 4, 2025, Steven M. Cohen stepped down as Interim Chief Executive Officer, a position he had held since September 18, 2024. The company's board of directors appointed Scott Davido as the new Interim CEO. Mr. ...

LOS ANGELES- IM Cannabis Corp has reported a 25% increase in revenue for the fourth quarter of 2024, reaching €13.3 million, compared to the same period in the previous year. This growth is largely attributed to the company's strategic focus on the German market, where sales surged by 183% during 2024, totaling $15.5 million, up ...

LOS ANGELES- Entourage Health Corp., a Canadian producer and distributor of cannabis products, has amended its senior secured credit facility. The amendment increases the subordinated credit facility by approximately $3 million, with the funds advanced in a single draw. Additionally, the maturity date for both the senior secured and subordinated facilities has been extended to ...

LOS ANGELES- The Cannabist Company Holdings Inc. has announced the introduction of its sleep-focused cannabis brand, 'dreamt,' into the Massachusetts, New Jersey, and Virginia markets. This expansion aligns with Sleep Awareness Month, emphasizing the importance of quality rest. ​ 'dreamt' offers a 5mg gummy, available in 20-count packs, featuring a 5:2:1 ratio of THC, CBD, ...

LOS ANGELES- Planet 13 Holdings Inc. a vertically integrated multi-state cannabis company, has announced that it will release its financial results for the fourth quarter and full year ending December 31, 2024, on March 26, 2025, after market close. ​ Following the release, Planet 13's executive team, including Co-CEOs Bob Groesbeck and Larry Scheffler, along ...

LOS ANGELES-Mind Medicine (MindMed) Inc. a biopharmaceutical company specializing in brain health disorders, has announced the appointment of Matt Wiley as Chief Commercial Officer (CCO). ​ In his new role, Mr. Wiley will oversee MindMed's commercial strategy, particularly in preparation for the potential launch of MM120, an orally disintegrating tablet targeting generalized anxiety disorder (GAD) ...

LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has announced plans to release its financial results for the fourth quarter and full year ending December 31, 2024. The company will host a conference call on March 25, 2025, at 5:00 p.m. Eastern Time to discuss these results. ​ Participation Details: Webcast Access: ...

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 $74.2 million in the third quarter of 2024.​ Gross Profit Margin: 50.2%, up from 48.8% in the previous quarter.​ GAAP ...

LOS ANGELES- Former NBA player Iman Shumpert has launched a cannabis brand, TSA APPROVED, in partnership with Glenmere Farms, a licensed cannabis producer in New York. The brand aims to offer high-quality cannabis products while contributing to the state’s regulated market. Shumpert’s entry into the cannabis industry follows a broader shift in professional sports, including ...

LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has secured a new $50 million senior secured loan maturing on January 31, 2030. This facility replaces the previous loan set to mature in November 2026, extending the final balloon payment by an additional three years. The loan carries a fixed interest rate of ...

LOS ANGELES- LEEF Brands Inc. California-based cannabis extraction company, has announced the signing of a binding Letter of Intent to acquire a Tier 1 processing license in New York. This strategic move positions LEEF to enter New York's rapidly growing cannabis market, which is projected to reach $1.5 billion in sales by 2025. In addition ...

LOS ANGELES - Awakn Life Sciences Corp. a clinical-stage biotechnology company focusing on treatments for substance use and mental health disorders, has secured an unsecured credit facility of up to US$535,000 from an arm's length creditor. This facility allows the company to draw funds in multiple advances, with the principal due on December 5, 2026, ...