HEXO Reports Second Quarter 2022 Results, Embarks on Transformative Plan Company makes significant progress on capital structure and strengthening balance sheet. This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dates May 11, 2021, to its short form base shelf prospectus dated... Read more
Glass House Brands Reports Fourth Quarter and Full Year 2021 Financial Results 2021 Net Revenue Increased 44% Year-over-Year All Licenses for Phase I Retrofit of SoCal Cultivation Facility Received, with First Harvest Expected During Q3 2022 Conference Call to be Held March 17, 2022 at 8:00 a.m. ET LONG... Read more
Ayr Wellness Reports Fourth Quarter and Full Year 2021 Results Q4 2021 Revenue of $111.8 Million, up 16% sequentially Q4 2021 Adjusted EBITDA of $26.1 Million, flat sequentially FY 2021 Revenue and Adjusted EBITDA of $357.6 Million and $98.0 Million, up 131% and 84% Year-over-Year, respectively US GAAP Operating... Read more
High Tide Reports Q1 2022 Financial Results Featuring Record Revenue of $72 Million, Increasing 34% Sequentially, and Adjusted EBITDA of $3 Million, Representing an 80% Sequential Increase Company Reports Second-Highest Quarterly Revenue Figure Ever by a Cannabis Company Reporting in Canadian Dollars CALGARY, Alberta, March 17, 2022–(BUSINESS WIRE)–High Tide... Read more
California activists on Wednesday announced that they have come up short on collecting enough signatures to qualify a measure to legalize psilocybin mushrooms for the state’s November ballot, though they aren’t giving up on a future election cycle bid. Decriminalize California was first cleared by the state’s attorney general’s... Read more
The European Commission, the regional body tasked with establishing cannabis regulations across the vertical for all EU members, has finally created guidelines for the acceptable amount of THC that can be found in commercially available food products containing CBD. There are two of them. The first, approved by the... Read more
On March 13, a group of six individuals—donned in believable law enforcement gear—furnished a fake search warrant and attempted to raid a Hughes County, Oklahoma medical cannabis grow operation in a brazen attack. The next day, other locations were hit including a medical cannabis business in Seminole County. Over... Read more
On March 15, the cannabis brand owned by Seth Rogen, Houseplant, announced its plans to mentor local cannabis businesses. The brand recently sent out a wave of emails to subscribers advertising the opportunity. “Social responsibility is at the core of Houseplant’s mission, which is why we’re always looking for... Read more
The Montana Supreme Court on Tuesday issued temporary rules related to expungement procedures for individuals previously convicted for a pot-related offense. As reported by local television station KPAX, the new adult-use recreational cannabis law in Montana “says anyone convicted of an offense that would now be legal in the... Read more
WNBA basketball star Brittney Griner will be held in a Russian prison on charges of possessing cannabis vape cartridges until May, according to information provided by the state media outlet on Thursday. Griner was taken into custody last month at an airport near Moscow after customs officials reportedly found... Read more
