Cresco Labs Announces First Quarter 2021 Financial Results Under U.S. GAAP Company reports record revenue of $178 million and expects to reach annualized revenue run-rate of more than $1 billion by the end of 2021 CHICAGO-May 27, 2021-(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs”... Read more
It’s official: Minnesota has legal medical cannabis flower! Governor Tim Walz just signed legislation into law that allows medical patients to access flower instead of just extracts or non-smokables. Previously, Minnesota was only one of a few medically legal states that still did not allow patients to access flower... Read more
Ayr Wellness Reports First Quarter 2021 Results Q1 Revenue up 74% Y/Y to $58.4 Million Q1 Adjusted EBITDA of $20.0 million on an IFRS basis; $18.4 million on a US GAAP basis, up 136% Y/Y US GAAP Operating Loss of $8.4 Million Included Non-Cash and One-Time Expenses of $26.5... Read more
A congresswoman is asking the federal government to stop kicking people out of public housing for using marijuana in states where it is legal. Rep. Eleanor Holmes Norton (D-DC) on Tuesday sent a letter to the head of the Department of Housing and Urban Development (HUD), imploring her to... Read more
A congresswoman is asking the federal government to stop kicking people out of public housing for using marijuana in states where it is legal. Rep. Eleanor Holmes Norton (D-DC) on Tuesday sent a letter to the head of the Department of Housing and Urban Development (HUD), imploring her to... Read more
A congresswoman is asking the federal government to stop kicking people out of public housing for using marijuana in states where it is legal. Rep. Eleanor Holmes Norton (D-DC) on Tuesday sent a letter to the head of the Department of Housing and Urban Development (HUD), imploring her to... Read more
New York doesn’t look or smell different since the state legalized adult-use cannabis in April. New Yorkers are still puffing pot openly on the sidewalks, just like they were before. But big changes are coming. Legalization is projected to produce not just truckloads of legal weed, but tens of thousands... Read more
Saucey Farms & Extracts, a boutique weed brand, is coming together with a hip hop icon to form what the new company is trumpeting as “a cannabis industry leader for the post-prohibition era.” Under the deal announced on Tuesday, Saucey Farms & Extracts will enter into an agreement with... Read more
Lawmakers in the Show Me State just passed a bill that will help with an unfair Missouri cannabis tax law that medical cannabis businesses have been complaining about. If the governor signs off, this will be a huge step for the industry and the state. Missouri lawmakers passed this bill... Read more
Power REIT Signs Agreement to Acquire 522,530 Square Foot Greenhouse Cultivation and Processing Facility for $18.5 Million Greenhouse will be Operated as a Michigan Regulated Cannabis Cultivation and Processing Facility and will be the Largest of its kind in Michigan and one of the Largest in the United States... Read more
