M4MM
Ascend Wellness Reports Revenue Growth in Q2 2024
LOS ANGELES- Ascend Wellness Holdings, Inc. delivered a mixed performance for Q2 2024, reflecting both revenue gains and profitability pressures. The company reported a 15% year-over-year increase in revenue, reaching $141.5 million. Despite this growth, ...
MindMed Launches $75 Million Public Offering to Fund Psychedelic Research
LOS ANGELES- Mind Medicine (MindMed) Inc. announced a public offering aimed at raising $75 million through the sale of approximately 9.2 million shares at $7 each. The company is also offering around 1.4 million shares ...
Green Thumb Industries Reports Strong Q2 2024 Performance
LOS ANGELES- Green Thumb Industries Inc. a Chicago-based cannabis company, posted solid second-quarter results for 2024, with revenue climbing 11% year-over-year to $280 million, exceeding analyst forecasts of $277.36 million. The company’s net income rose ...
New Jersey Navigates Legal Waters on Off-Duty Cannabis Use by Police
LOS ANGELES- In a groundbreaking legal case in New Jersey, the debate over off-duty cannabis use by law enforcement officers brings to light the complex interplay between state legalization and federal restrictions. Jersey City has ...
New York Supreme Court Overturns Cannabis Marketing Restrictions
LOS ANGELES- In a significant legal development for New York's cannabis industry, the Supreme Court in Albany County invalidated several marketing restrictions on Monday, marking a pivotal moment for licensed cannabis businesses in the state. ...
New Mexico Sets Record in Cannabis Sales for March
LOS ANGELES- In a significant development within the cannabis industry, New Mexico reported a record-breaking total of over $52 million in combined recreational and medical cannabis sales for March. This figure surpasses previous records, marking ...
Petalfast Acquires Flow Distribution to Enhance National Cannabis Sales and Distribution Network
LOS ANGELES- Petalfast, a national sales and distribution platform in the cannabis industry, has finalized the acquisition of Flow Distribution's sales and distribution subsidiary, marking a significant expansion of its operations and brand portfolio in ...
Ascend Wellness Reports Revenue Growth in Q2 2024
LOS ANGELES- Ascend Wellness Holdings, Inc. delivered a mixed performance for Q2 2024, reflecting both revenue gains and profitability pressures. The company reported a 15% year-over-year increase in revenue, reaching $141.5 million. Despite this growth, ...
MindMed Launches $75 Million Public Offering to Fund Psychedelic Research
LOS ANGELES- Mind Medicine (MindMed) Inc. announced a public offering aimed at raising $75 million through the sale of approximately 9.2 million shares at $7 each. The company is also offering around 1.4 million shares ...
Green Thumb Industries Reports Strong Q2 2024 Performance
LOS ANGELES- Green Thumb Industries Inc. a Chicago-based cannabis company, posted solid second-quarter results for 2024, with revenue climbing 11% year-over-year to $280 million, exceeding analyst forecasts of $277.36 million. The company’s net income rose ...
GreenGro Technologies Announce Plans To Uplist to OTCQB Market
ANAHEIM–GreenGro Technologies, Inc. (OTC PINK: GRNH), a provider of eco-friendly green technologies for the industrial hemp and cannabis industries, today announced that it has initiated its plan to upgrade its position in the public markets ...
New Study Finds People Turned to Cannabis During the Pandemic to Feel Happier
DENVER–Did the stressors of COVID-19 drive more Americans to use medical cannabis as an alternative tool for managing their mental health? A new national study exploring this question found a positive correlation between national demand ...
New Consumer Poll Reveals Sustained Surge in Cannabis Delivery Over A Year into Pandemic
LOS ANGELES– Ganja Goddess, a California-based premium online shopping, delivery and lifestyle brand that caters to cannabis consumers statewide in California, released its third consumer trend poll conducted during the pandemic, revealing a lasting change ...
BREAKING: Sundial Growers Acquires Inner Spirit Holdings & Spiritleaf Retail Cannabis Network
CALGARY, A.B.–Sundial Growers Inc. (NASDAQ: SNDL) and Inner Spirit Holdings Ltd. (CSE: ISH) (OTCQB: INSHF) announced they've entered into an agreement in which Sundial will acquire all of the issued and outstanding common shares of ...
Gold Flora Releases Newly Developed Limited Edition Strain in California
COSTA MESA, Calif.,–Gold Flora, a vertically-integrated cannabis company in California, announced it is releasing a newly developed, limited edition strain, Lion's Cake. This balanced hybrid strain is a proprietary cross that combines Zkittlez Cake, Lava Cake, and ...
Ascend Wellness Shares Surges 22% On Canadian Stock Market IPO
TORONTO– Ascend Wellness Holdings (AWH) Inc surged about 22% in its Canadian stock market debut on Tuesday to fetch a market value of $1.6 billion, as the green rush gains momentum following a sustained surge ...
A LIFE IN A DAY: Charlie Weiss: Cannabis Industry Personalities
CHARLIE WEISS is a Sales and Marketing Director in the successful California cannabis industry. He came to cannabis in 2018 from a successful, twenty-year career in the alcoholic-beverages category. After doing it all, supplier, distributor, ...
East Coast CommCan Announces Partnership With West-Coast Based Cookies
MILLIS, Mass., – CommCan - The Commonwealth Cannabis Co. announced a partnership with Cookies, the iconic and market leading Cannabis Brand. CommCan will become the cultivation, manufacturing and distribution partner for Cookies throughout the Commonwealth ...
Full Spectrum Cannabis Extracts Market Expected To Remain Dominant for Next Few Years
LOS ANGELES – Cannabis extracts have gained wide recognition in recent years and are expected to provide added momentum to cannabis market growth. Based on product type, cannabis extracts are classified into oils and tinctures. ...
Cansortium Reports Fourth Quarter And Full Year 2020 Financial Results
MIAMI–Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) Company a vertically-integrated cannabis company operating under the Fluent brand, is reporting financial results for the fourth quarter and full year ended December 31, 2020 and is providing an ...
Kiaro Reports 230% Increase in Revenue in Fiscal Year 2021
VANCOUVER, BC–Kiaro Holdings Corp. (TSXV: KO) today announced its fourth quarter and year end financial results for fiscal year 2021 ended January 31, 2021. All amounts, unless specified otherwise, are expressed in Canadian dollars. "Fiscal ...
Tilray-Aphria Officially Complete Joint Merger
TORONTO–Tilray Inc. and Aphria Inc. say their merger deal has now closed after receiving approval from shareholders of both companies. Tilray shareholders voted April 30 in favour of issuing stock to Aphria’s shareholders, but the ...
Greg Engel Steps Down As CEO of Organigram
Organigram Holdings Inc. announced that CEO George Engel is stepping down effective immediately, with Peter Amirault the board chairman, assuming Mr. Engel's responsibilities immediately. The move comes only a month after the announcement of British ...
How to Get More Out of Your Cannabis by Making Edibles
OAKLAND– Have you ever re-upped on some fire cannabis bud on a Friday only to smoke through the whole batch by Sunday? The whole situation could leave you feeling burned. Why not get more out ...
Tryp Therapeutics Partners with Fluence for Psychotherapy Design
SAN DIEGO –Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF) (FSE: 8FW) a pharmaceutical company focused on developing clinical-stage compounds for diseases with unmet medical needs, announced today a master service agreement with Fluence to provide design and ...
