Jushi Holdings Inc. Reports Second Quarter 2021 Financial Results Second Quarter 2021 Revenue Increases 14.6% to $47.7 million as Compared to the First Quarter 2021 Net Income of $4.8 million, a $31.6 million Improvement as Compared to the First Quarter 2021 Reports Adjusted EBITDA(A) of $4.6 million Updates Full Year 2021... Read more
The online marijuana marketplace Weedmaps is teaming up with NBA star Kevin Durant for a multi-year partnership that’s aimed at destigmatizing cannabis and showcasing the plant’s potential value for “athlete wellness and recovery.” Together with Thirty Five Ventures, a philanthropic organization founded by Durant, they plan to elevate the... Read more
The vast majority of New Jersey voters approved a referendum last year to legalize marijuana. So why have more than 70 percent of municipalities in the state opted to ban cannabis businesses from operating in their area? The answer isn’t simple NIMBY-ism as some prohibitionists would have it. First... Read more
SOL Global Jumps Into Michigan Cannabis Market with $20 Million Investment In Common C Holdings LP TORONTO, August 24, 2021–(BUSINESS WIRE)–SOL Global Investments Corp. (“SOL Global” or the “Company”) (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) is pleased to announce that it has completed an investment in Common C Holdings... Read more
TILT Holdings Reports Record Second Quarter 2021 Financial Results Record Q2 Revenue up 33% YoY to $48.5 Million Record Q2 Adjusted EBITDA up 2.7x to $6.5 Million Reiterates 2021 Guidance of Revenue Between $205 – $210 Million and Adjusted EBITDA Between $30 -$32 Million PHOENIX, Aug. 24, 2021 (GLOBE... Read more
Cansortium Reports Second Quarter 2021 Financial Results Q2 Revenue up 24% YoY to $16.5 Million; Adjusted EBITDA up ~2x to $5.2 Million Management to Host Conference Call Tomorrow at 8:30 A.M. Eastern Time MIAMI, Aug. 24, 2021 /PRNewswire/ – Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated cannabis company operating... Read more