Cansortium Reports First Quarter 2021 Financial Results Q1 Revenue up 49% YoY to $15.1 Million; Adjusted EBITDA up Significantly to $4.4 Million Management to Host Conference Call Today at 4:30 P.M. Eastern Time MIAMI, Fla., May 28, 2021 /PRNewswire/ – Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the... Read more
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary The Ohio medical cannabis program has seen growth accelerate. Health Canada added 3 licenses, leaving the total now at 677. 420 Investor model portfolios have gained... Read more
HEXO Corp Announces Public Offering of Senior Secured Convertible Notes OTTAWA, May 27, 2021 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) announced today it has closed an offering (the “Offering”) of US$360,000,000 aggregate principal amount of senior secured convertible notes (the “Notes”) directly... Read more
HEXO Corp announces acquisition of Redecan to create Canadian market leader in adult-use sales Combined company would hold number one market-share in Canadian recreational cannabis and hold number one positions in four of Canada’s largest markets: Alberta, British Columbia, Quebec and Ontario.1 Equips HEXO with one of the most... Read more
Jushi Holdings Inc. Reports First Quarter 2021 Financial Results and Delay in Filing of Annual and 2021 Q1 Filings First Quarter 2021 Highlights Total revenue of $41.7 million, an increase of 29.0% sequentially Gross profit of $20.1 million, an increase of 14.1% sequentially Net loss of $26.1 million, driven... Read more
Religious people are significantly less likely to support legalizing marijuana compared to those who identify as atheists and other religiously unaffiliated groups, a new polling analysis from the Pew Research Center found. While most surveys on the issue look at key demographics like political party affiliation, age and race,... Read more
Religious people are significantly less likely to support legalizing marijuana compared to those who identify as atheists and other religiously unaffiliated groups, a new polling analysis from the Pew Research Center found. While most surveys on the issue look at key demographics like political party affiliation, age and race,... Read more
Religious people are significantly less likely to support legalizing marijuana compared to those who identify as atheists and other religiously unaffiliated groups, a new polling analysis from the Pew Research Center found. While most surveys on the issue look at key demographics like political party affiliation, age and race,... Read more
New Hampshire will now be expanding the pool of patients eligible to receive medical cannabis, thanks to a newly signed bill, HB 89. This week, Republican Governor Chris Sununu signed HB 89, which will go into effect July 21. Under this new law, physicians will be allowed to authorize... Read more
States that have legalized adult-use marijuana sales have seen billions of dollars in fresh tax revenue from cannabis, according to a new study. The recently published research, which comes courtesy of the Marijuana Policy Project, found that, as of this month, “states reported a combined total of $7.9 billion... Read more
