When the calendar flips to 2022 in a little more than a month, patients in Colorado will face more stringent rules for acquiring medical cannabis. In an announcement spanning nearly 500 pages that was handed down last Tuesday, the state’s Department of Revenue outlined new rules and restrictions that... Read more
In the English Channel separating the United Kingdom (UK) and France, the Channel Islands are far ahead of the game, when it comes to medical cannabis—issuing over 2,000 prescriptions. The Channel Islands are paving a way for a new economic sector, thanks to a looser approach than the mainland. ... Read more
Republican U.S. Representative Nancy Mace of South Carolina unveiled a bill to regulate and tax marijuana on Monday, offering a new path to reach the goal of federal cannabis policy reform. According to a press release, under the legislation, known as the States Reform Act, marijuana would be decriminalized... Read more
Verano Announces Third Quarter 2021 Financial Results Company reports topline sequential growth and industry-leading EBITDA while expanding national footprint1 to over 1,000,000 square feet of active cultivation and 89 operating dispensaries during another acquisitive quarter. CHICAGO, Nov. 16, 2021 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF)... Read more
TerrAscend Reports Third Quarter Net Sales of $49.1 Million and Adjusted EBITDA(1) of $10.5 Million NEW YORK and TORONTO, Nov. 16, 2021 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today reported its financial results for the third quarter... Read more
SLANG Worldwide Announces $17.3 Million USD Financing from Trulieve Cannabis Corp., Pura Vida Investments, and Seventh Avenue Investments and Executive Leadership Transition $17.3 Million USD Financing Plus $14.2 Million USD in an Uncommitted Accordion to Enable Growth Strategy by Accelerating Execution of Vermont Operations Drew McManigle Appointed interim Chief... Read more
MariMed Reports Third Quarter 2021 Earnings Revenue of $33.2 million, a 147% Increase Year Over Year Adjusted EBITDA of $12.9 million, a 213% Increase Year Over Year NORWOOD, Mass., Nov. 15, 2021 (GLOBE NEWSWIRE) — MariMed, Inc. (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator focused... Read more
InterCure Announces Record Third Quarter Financial Results with 3 Times YoY Revenue Growth and 36% QoQ Growth Seventh consecutive quarter of high double-digit, sequential revenue growth Annualized revenues run rate of $100 million Adjusted EBITDA¹ run rate of $23 million $85 million in cash Revenue growth expected to continue... Read more
Mexico’s Senate president says the influence of the U.S. is to blame for failed marijuana criminalization laws in her country. Lawmakers there are now working to reverse those policies, however, with the legislature expected to vote on a bill to regulate cannabis within weeks, another top senator said. Senate... Read more
