Feel like taking your creativity level… a bit higher? Available for booking beginning this week, Seth Rogen partnered with Airbnb to unveil “A High-ly Creative Retreat,” providing a unique getaway in Los Angeles with ceramic activities. The retreat features a ceramic studio with Rogen’s own handmade pottery, a display... Read more
Officials in New Zealand announced this week that they have completed a massive seizure of cocaine at sea, calling it a “major financial blow” to producers and traffickers of the drug. Authorities there said on Wednesday that the seizure was a part of “Operation Hyrdros,” with New Zealand Police... Read more
Canopy Growth Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Canadian Business Transformation Plan Company takes firm actions to transform Canadian business to enable growth and profitability Announces cost reduction program of additional $140-$160 million to be realized over the next 12 months Restructuring includes significant reduction... Read more
Aurora Cannabis Announces Fiscal 2023 Second Quarter Results Cannabis Revenues Up ~20% from Fiscal Q1 2023, Net Revenue¹ of $61.7 Million Achieves Positive Adjusted EBITDA¹ in Line with Prior Guidance Delivers ~$340 Million in Annualized Cost Savings Since February 2020 Balance Sheet Remains in Net Cash Position, Among Strongest... Read more
Ayr Wellness Announces Agreement to Sell Arizona Assets and Option to Acquire Ohio Dispensary Licenses MIAMI, Feb. 09, 2023 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), has signed a Definitive Agreement to sell... Read more
New Hampshire lawmakers on Wednesday discussed a revised bill to legalize marijuana, with members sharing their perspectives on an amendment that they plan to take up for a vote next week. The original legislation that’s sponsored by House Majority Leader Jason Osborne (R) and Minority Leader Matt Wilhelm (D)... Read more
Kansas senators have filed a new bill to legalize medical marijuana in the state, though leadership has tempered expectations about the scope of what might be passable this session. The legislation is being carried by the Senate Federal and State Affairs Committee. An earlier medical cannabis reform measure cleared... Read more
A California lawmaker has introduced a bill that would allow the state’s licensed cannabis consumption lounges to sell freshly prepared foods and beverages and host live events. The measure, Assembly Bill 374 (AB 374), was introduced last week by Democratic Assembly Member Matt Haney. Under California law, cannabis consumption... Read more
