Legal Affairs
GTI Q4 2024: Strong Leadership, But Can It Sustain Momentum?
NEW YORK–Green Thumb Industries (GTI) has once again demonstrated why it remains a leader in the U.S. cannabis industry. With a steady growth trajectory and disciplined financial management, the company continues to post strong results ...
Analysis: Movers and Shakers: Cannabis Quarterly Earnings
NEW YORK - Cannabis companies are reporting earnings from Q4 2024 and full year results. Here are just some of the results from the companies we are covering at HCN, in both cannabis and psychedelics: ...
Verano Holdings Reports 2024 Financial Results and Outlines 2025
LOS ANGELES- Verano Holdings Corp., a multi-state cannabis operator, has released its financial results for the fourth quarter and full year ending December 31, 2024, highlighting a decrease in revenue and an increase in net ...
LeafLink Acquires Leaf Trade to Enhance Cannabis Wholesale Platform
LOS ANGELES- LeafLink, a cannabis wholesale platform, has acquired Leaf Trade, a wholesale marketplace serving multi-state operators (MSOs) and enterprise cannabis companies. This strategic move aims to streamline operations for cannabis businesses of varying scales. ...
Canopy Growth Appoints New CEO Amid Financial Challenges
LOS ANGELES- Canopy Growth Corp., a cannabis industry, has announced the appointment of Luc Mongeau as its new Chief Executive Officer, effective January 6. Mongeau succeeds David Klein in this leadership role. With over 25 ...
Nebraska Judge Upholds Voter-Approved Medical Cannabis Initiatives
LOS ANGELES- A Nebraska district court has affirmed the validity of two voter-approved measures concerning medical cannabis, dismissing allegations of fraudulent signature collection. The legal challenge aimed to invalidate Measures 437 and 438, which were ...
Germany’s Cannabis Legislation Faces Criticism
LOS ANGELES- Germany's recent legalization of cannabis has encountered significant criticism from various stakeholders, highlighting challenges in its implementation and effectiveness. Criticism from Berlin's Justice Senator Felor Badenberg, Berlin's Justice Senator, has expressed concerns that ...
GTI Q4 2024: Strong Leadership, But Can It Sustain Momentum?
NEW YORK–Green Thumb Industries (GTI) has once again demonstrated why it remains a leader in the U.S. cannabis industry. With a steady growth trajectory and disciplined financial management, the company continues to post strong results ...
Analysis: Movers and Shakers: Cannabis Quarterly Earnings
NEW YORK - Cannabis companies are reporting earnings from Q4 2024 and full year results. Here are just some of the results from the companies we are covering at HCN, in both cannabis and psychedelics: ...
Verano Holdings Reports 2024 Financial Results and Outlines 2025
LOS ANGELES- Verano Holdings Corp., a multi-state cannabis operator, has released its financial results for the fourth quarter and full year ending December 31, 2024, highlighting a decrease in revenue and an increase in net ...
TerrAscend Closes Acquisition of Keystone Canna Remedies
NEW YORK and TORONTO–TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today reported it has closed the previously announced acquisition of GuadCo, LLC and KCR Holdings LLC for an implied enterprise ...
PharmaCielo Announces Financial Results for Fourth Quarter & Fiscal Year 2020
TORONTO and RIONEGRO, Colombia–PharmaCielo Ltd. (TSXV: PCLO), (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced financial results for the fourth quarter and year ended December ...
Emerald Health Therapeutics Reports 2020 Year-end And Fourth Quarter Financial Results
VANCOUVER, B.C.– Emerald Health Therapeutics, Inc. (CSE: EMH) (OTCQX: EMHTF) released its financial results for the 12 months ended December 31, 2020. "We ended 2020 with a complete transformation of Emerald's balance sheet and operating ...
Swiss Parliament Votes In Favor of Adult Use Cannabis Legalization
ZÜRICH–Switzerland's Health Commission of the Swiss House of Representatives, the Swiss National Council, in what will become an historic vote, has voted this past Friday, April 30th, in favor of legalizing cannabis for the Swiss. ...
Cansortium Completes $71 Million Debt Financing
MIAMI–Cansortium (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated cannabis company operating under the Fluent brand, today announced it has closed a US$71 million Senior Secured Term Loan due April 29, 2025 with a syndicate led by ...
ManifestSeven Reports Financial Results for First Quarter Fiscal Year 2021
IRVINE, Calif.,– Manifest 7 Holdings (CSE: MSVN; OTCMKTS: MNFSF), a Californian integrated omni channel platform for cannabis, today announced financial results for its fiscal first quarter ended February 28, 2021. First Quarter 2021 Fiscal Quarter ...
The Parent Company Partners with Omura to Launch New Caliva Flowersticks
LOS ANGELES–TPCO Holding Corp. (NEO: GRAM.U, GRAM.WT.U) (OTCQX: GRAMF; OTC PINK: GRMWF) announces its partnership with Omura, a first-of-its kind whole flower vaporizer. The Parent Company will enter Omura's "heat-not-burn" category with the launch of ...
Green Thumb Industries Announces US $217 Million Senior Debt Financing
CHICAGO and VANCOUVER, B.C.–Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries, recently announced they had closed on a USD$217M senior non-brokered private placement ...
Khiron Life Sciences Reports 2020 Fiscal Year End Results
TORONTO–Khiron Life Sciences (TSXV: KHRN) (OTCQX: KHRNF)(Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, announced today its financial results for the year ended and quarter ended December 31, ...
SLANG Worldwide Announces Fourth Quarter and Full Year 2020 Financial Results
TORONTO–SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF), a cannabis consumer packaged goods company with a diversified portfolio of popular brands, today released audited financial results for the full year and three months ended December 31, ...
Numinus Wellness Q2 2021 Announced New Funding, Acquisitions And MAPS Collaboration
VANCOUVER, B.C.–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing treatments and safe, evidence-based psychedelic-assisted therapies, today announced its second quarter financial results for the three months ended February 28, 2021. In the ...
Gage Growth Corp. Announces Fiscal Year 2020 Results
DETROIT– Gage Growth Corp., (CSE: GAGE), a leading cannabis brand operator in Michigan, today reported its financial results for the three and twelve months ended December 31, 2020. Financial Highlights for the year ended December 31, ...
Nextleaf Solutions Wins Patent in Emerging European Cannabis Markets
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an innovative cannabis extractor operating internationally, announced today that it has been awarded a patent in Europe, vital to the low-cost production of cannabis distillate. ...
Vireo Health Claims Largest Selection Of Cannabis Flower At Any New York Dispensary
NEW YORK–Vireo Health (CSE: VREO; OTCQX: VREOF), a multi-state cannabis company, today announced the launch of the Company's first line of ground medical cannabis flower in New York. The new line of ground flower will ...
TransGlobal Assets Purchases Ownership In 3 Michigan Medical Cannabis Licenses
ANN ARBOR–TransGlobal Assets Inc. (OTC Pink: TMSH) announced today its acquired a 9% ownership in three Michigan medical marijuana licenses pursuant to a Purchase and Sale Agreement between the Company and Darwin Harris, a CBD ...
Tryp Therapeutics Announces Q2 2021 Financial Results
SAN DIEGO–Tryp Therapeutics Inc. (CSE: TRYP) today announced its interim financial results for the three and six month periods ended February 28, 2021. The reported period included the completion of Tryp's Initial Public Offering; significant ...
CENTR Brands Corp. Announces Q3 2021 Results
VANCOUVER, BC– CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF) announced its financial results for its third fiscal quarter ending February 28, 2021. Description Q3 2021 ($) Q2 2021 ($) Q1 2021 ($) Gross ...
Fire & Flower Appoints Nadia Vattovaz to Chief Operating Officer & Announces Judy Adam as New Chief Financial Officer
TORONTO– Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced the appointment of Nadia Vattovaz (wearing blue jacket in images above) to her new role as Chief Operating Officer and the addition of Judy Adam to ...
April 20, 2021 Was Most Profitable Day In History of New Cannabis Industry
DENVER– Business intelligence from Akerna (Nasdaq: KERN), an ERP software technology company, showed that Tuesday, April 20, a widely-popular yet unofficial "holiday" celebrating cannabis consumption, was the highest sales day for retail cannabis ever recorded, ...
El Blunto and Mohave Cannabis Co Join Forces to Release Special Edition Diamond-Infused Pre-Roll in Select Retailers Across California
LOS ANGELES–El Blunto, a California producer of pre-rolls, announced the release of a new, special edition blunt infused with brilliant-class yellow cannabis diamonds. This limited run of the "World's Finest Cannabis Cigar" will use Mohave ...
Syqe Medical Receives First-Ever Health Canada Approval for Medical Cannabis Dosing Device
TORONTO– Syqe Medical, a pharma-tech company, announces today that Health Canada has approved the Syqe Inhaler, the first pharmaceutical grade medical cannabis delivery device system, they say, that provides predictable and consistent dosing through inhalation. The ...
GTEC Cannabis Co. Reports First Quarter of Fiscal 2021 Results
KELOWNA, BC– GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) a multi-licensed producer of handcrafted, high quality cannabis products, is pleased to announce that it has reported its First Quarter financial results of fiscal ...
New CBD Ecommerce Retail Platform Plants New Shoots Across Europe
LONDON– AlphaGreen, the UK's leading marketplace for selling CBD, is launching into six further European countries, following its launch in the UK in 2019. Germany, France, Spain, Italy, Sweden and Poland are all set to ...
JP Morgan Leveraged Finance Expert Joins Artemis In Move Into Booming Cannabis Industry
LONDON, U.K.–One of the early architects of the European leveraged finance industry and 25-year veteran of JPMorgan, Stanton McLean, is embarking upon a new chapter of his career. McLean is joining the rising wave of traditional ...
