M4MM
Analysis: Pennsylvania’s Cannabis Industry: Current Growth and Future Projections
NEW YORK- The cannabis industry in Pennsylvania continues to evolve, with medical cannabis already generating over $1.5 billion in annual sales. Discussions about recreational legalization are intensifying, particularly as the state's budget deficit grows and ...
Arkansas Governor Proposes Funding Free School Meals with Medical Cannabis Tax Revenue
LOS ANGELES- Arkansas Governor Sarah Huckabee Sanders has announced plans to allocate tax revenue from medical cannabis sales to fund free school meals across the state. In her State of the State address, Governor Sanders ...
Vireo Growth Completes $81 Million Equity Offering
LOS ANGELES- Vireo Growth Inc., a Minneapolis-based cannabis multistate operator, has successfully concluded an oversubscribed private placement, raising approximately $81 million. Initially targeting $75 million, the company issued 129,536,874 subordinate voting shares at $0.625 per ...
Trulieve Contributes $5 Million to Florida Recreational Cannabis Campaign
LOS ANGELES- Trulieve, a medical cannabis company, has contributed an additional $5 million to support the campaign for legalizing recreational cannabis in Florida. This donation, made on July 15th, was directed to the Smart & ...
Aurora Cannabis Reports Quarterly Earnings
LOS ANGELES- Aurora Cannabis Inc. reported its quarterly earnings on Thursday, June 20th, surprising analysts with a positive earnings per share (EPS) of $0.11. This result significantly surpassed the consensus estimate of a $0.18 loss ...
Texas Cities Advance Cannabis Decriminalization Efforts Amid Legal Challenges
LOS ANGELES- Activists in several Texas cities are pushing for cannabis decriminalization, with measures set to appear on the November ballot in Lockhart, Dallas, and potentially Bastrop. These initiatives aim to reduce penalties for possession ...
Tilray Brands Reports 26% Increase in Revenue for Fiscal 2024
LOS ANGELES- Tilray Brands announced a 26% increase in net revenue for the fiscal year ending May 31, 2024, reaching $789 million. This result surpassed Wall Street analysts' projections of $783 million. The company's growth ...
Analysis: Pennsylvania’s Cannabis Industry: Current Growth and Future Projections
NEW YORK- The cannabis industry in Pennsylvania continues to evolve, with medical cannabis already generating over $1.5 billion in annual sales. Discussions about recreational legalization are intensifying, particularly as the state's budget deficit grows and ...
Arkansas Governor Proposes Funding Free School Meals with Medical Cannabis Tax Revenue
LOS ANGELES- Arkansas Governor Sarah Huckabee Sanders has announced plans to allocate tax revenue from medical cannabis sales to fund free school meals across the state. In her State of the State address, Governor Sanders ...
Vireo Growth Completes $81 Million Equity Offering
LOS ANGELES- Vireo Growth Inc., a Minneapolis-based cannabis multistate operator, has successfully concluded an oversubscribed private placement, raising approximately $81 million. Initially targeting $75 million, the company issued 129,536,874 subordinate voting shares at $0.625 per ...
The Parent Company Extends Retail Footprint Into the Central Valley with DELI by Caliva
SAN JOSE, Calif.,–TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a vertically-integrated cannabis company, announced the opening of its latest DELI by Caliva location in Hanford today. The new store will service the Central Valley in ...
High Tide Closes Acquisition of Leading Online Retailer DankStop
CALGARY, AB,–High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis corporation involved in the manufacturing and distribution of consumption accessories, announce the Company has completed the acquisition of DS Distribution Inc., operating as ...
Goodness Growth Holdings Appoints Josh Rosen to Board of Directors
MINNEAPOLIS–Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, today announced that its Board of Directors has appointed Josh Rosen (main picture) to its Board of Directors, bringing ...
Goodness Growth Holdings Announces Second Quarter 2021 Financial Results
MINNEAPOLIS–Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, today reported financial results for its second quarter ended June 30, 2021. "Our second quarter performance was in line ...
Neptune Reports First Quarter Results
LAVAL, QC, Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced its financial and operating results for the ...
GrowGeneration Reports Record Second Quarter 2021 Financial Results
DENVER, GrowGeneration Corp. (NASDAQ: GRWG), the chain of specialty hydroponic and organic garden centers with 58 locations across 12 states, today reported record second quarter 2021 revenues of $125.9 million, versus $43.5 million in the ...
Charlotte’s Web Holdings, Inc. Reports Q2-2021 Results
DENVER, (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. the market share leader in full spectrum hemp extract wellness products, today reported financial results for the second quarter ended June 30, 2021. All amounts are ...
The Green Organic Dutchman Reports Second Quarter 2021 Results
TORONTO - The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF), a producer of certified organically grown cannabis, reports its unaudited interim financial results for the quarter ended June 30, 2021. These filings are ...
Canbud To Enter U.S. Analytical Testing Services Market Via LOI To Acquire Steep Hill Labs
TORONTO–Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) announced that, on August 7, 2021, it entered into a non-binding Letter of Intent with Steep Hill Inc. in respect of a proposed transaction, whereby the Corporation would ...
New Urbn Leaf Dispensary CEO Ed Schmults Bolsters Leadership Team
SAN DIEGO– Urbn Leaf, a cannabis retailer led by CEO Ed Schmults (main picture), announced a bolstered leadership team ''accelerating the underlying business, sharpening consumer experiences, and positioning the company for future growth.'' Schmults, a ...
The Valens Company & Verse Launch New Vape Carts and Infused Beverages
KELOWNA, BC–The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, today announced the launch of three new products in partnership with Verse Cannabis, including two new vape cartridges and the brand's ...
Sundial Reports Second Quarter 2021 Financial and Operational Results
CALGARY, AB–Sundial Growers Inc. (NASDAQ: SNDL) reported its financial and operational results for the second quarter ended June 30, 2021. All financial information in this press release is reported in millions of Canadian dollars and ...
Psychedelics As Medicine: Right To Try Case Versus DEA
DENVER– In what could be a groundbreaking case for psychedelic medicine, Vicente Sederberg's, Shane Pennington, is working as part of a wider team on an exciting and very important United States Court of Appeals for ...
Chill Pill Nominated as Best Edible in Arizona
PHOENIX–Desert Medical Campus in Payson, Arizona, is proud to announce that its Chill Pill brand of cannabis gel caps has been nominated as one of the best edibles in Arizona. The brand was selected by Phoenix New Times, and voting is now ...
Nova Announces Second Quarter 2021 Results
EDMONTON, AB–Nova Cannabis Inc. (TSX: NOVC) today released its unaudited condensed interim consolidated financial statements and management's discussion and analysis for the three and six months ended June 30, 2021. "During the second quarter we ...
