Capital
Illinois Sees Slight Dip in August Cannabis Sales but Maintains Yearly Growth
LOS ANGELES-- In the latest data released, the adult-use cannabis sales in Illinois for the month of August have experienced a minor contraction, falling sequentially to ...
Cannabis Insurance Firm Gains Momentum with $3.1M Seed Funding amid Regulatory Optimism
LOS ANGELES-- Connecticut-based Frontier Risk Group, an insurance firm specializing in the cannabis sector, recently secured a notable $3.1 million in seed funding, drawing significant attention ...
Irwin Naturals Posts Loss Amid New Ventures in Psychedelics and Cannabis
LOS ANGELES-- Despite its bold moves and positive undertones about future prospects, Irwin Naturals' shift towards psychedelics and its increased commitment to the cannabis sector isn't ...
PharmaCielo Ltd. Reports Q2 2023 Financial Results
TORONTO — PharmaCielo Ltd., a figure in the cannabis industry based out of Canada and holding substantial operations in Colombia via PharmaCielo Colombia Holdings S.A.S., revealed ...
Michigan’s Cannabis Industry Sees Robust Growth, Generating Billions in Sales
LOS ANGELES-- In a remarkable testament to the growth potential of regulated markets, Michigan's cannabis industry has burgeoned into a financial powerhouse, with sales reaching multi-billion ...
Declining Prices Boost Cannabis Sales in British Columbia
LOS ANGELES — As cannabis prices in British Columbia continue their descent, the province is experiencing a boom in sales, according to the latest wholesale quarterly ...
Big Plan Holdings and Evelyn Capital Collaborate on $3.25 Million Cannabis Property Acquisition in Pennsylvania
LOS ANGELES— At the nexus of music, fashion, and sports, a realm which now encapsulates the burgeoning cannabis industry, Big Plan Holdings has joined forces with ...
Cannabis Industry Gets Tax Relief in California Cities
LOS ANGELES — A shift in perception among California’s local government officials has resulted in the reduction or elimination of various local taxes on legal cannabis. ...
Canadian Cannabis Sales Set New Monthly Record, Rising to C$426.6 Million in June
TORONTO— Statistics Canada's recent report reveals a burgeoning cannabis market, with June retail sales reaching a record C$426.6 million, marking a 2.6% uptick from May's slightly ...
Maryland’s Recreational Cannabis Sales Surge Amid Varied Growth Across U.S. States
LOS ANGELES – Maryland's newly launched recreational cannabis market is already generating waves in the industry, boasting sales of $87.3 million in its inaugural month of ...
Filament Health Refiles Q2 Financial Results
LOS ANGELES-- Filament Health Corp. has refiled its second-quarter financial results for the period ending June 30, 2023, following an initial filing on May 12, 2023. ...
COMPASS Pathways Secures $285 Million in Private Funding
LONDON, England–COMPASS Pathways plc, (Nasdaq: CMPS) a London-based company listed on Nasdaq under the ticker CMPS, announced it has successfully secured $285 million in private funding. ...
