TILT Holdings Reports Record First Quarter 2021 Financial Results Record Q1 Revenue of $46.8 Million up 15% YoY and 11% QoQ Record Adjusted EBITDA of $6.2 Million up 28% YoY and 36% QoQ Reiterates 2021 Guidance of Revenue Between $205 – $210 Million and Adjusted EBITDA Between $30 -$32... Read more
The Valens Company Announces CDN$40 Million Bought Deal Offering of Units KELOWNA, BC, May 25, 2021 /CNW/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company”, “The Valens Company” or “Valens”), a leading manufacturer of cannabis products, is pleased to announce that it has entered into an... Read more
A bipartisan group of attorneys general from eight U.S. states and the District of Columbia has sided with cancer patients in a lawsuit against the federal Drug Enforcement Administration (DEA) that seeks legal access to psilocybin, a compound found in psychedelic mushrooms, for end-of-life care. The patients and Seattle-based... Read more
The Drug Enforcement Administration made a milestone announcement earlier this month with the news that the DEA will begin granting marijuana cultivation licenses to various third-party applicants, significantly expanding medical and scientific cannabis research in the United States. The announcement came on May 14, with the Administration saying it... Read more
4Front Ventures Reports First Quarter 2021 Financial Results and Provides Business Update Q1 2021 Systemwide Pro Forma Revenue of $31.4 million, an increase of 26% over Q4 2020 Q1 2021 Adjusted EBITDA of $5.9 million, representing an Adjusted EBITDA Margin of 19% Reiterated FY2021 guidance for Systemwide Pro Forma... Read more
Hydrofarm Enters into Agreement to Acquire House & Garden Manufacturer and Supplier of Hydroponic Nutrients and Equipment to Expand Hydrofarm’s Product Line and Market Position as Company Accelerates Strategic Acquisition Strategy FAIRLESS HILLS, Pa., May 24, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading... Read more
Bright Green Corporation to build $300M high-tech cannabis manufacturing and research facility in New Mexico Santa Fe, NM, May 24, 2021 (GLOBE NEWSWIRE) — Rural New Mexico will soon be the home to one of the nation’s largest cannabis manufacturing and research facilities, New Mexico Gov. Michelle Lujan Grisham... Read more
A bipartisan group of attorneys general from eight U.S. states and the District of Columbia has sided with cancer patients in a lawsuit against the federal Drug Enforcement Administration (DEA) that seeks legal access to psilocybin, a compound found in psychedelic mushrooms, for end-of-life care. The patients and Seattle-based... Read more
A bipartisan group of attorneys general from eight U.S. states and the District of Columbia has sided with cancer patients in a lawsuit against the federal Drug Enforcement Administration (DEA) that seeks legal access to psilocybin, a compound found in psychedelic mushrooms, for end-of-life care. The patients and Seattle-based... Read more
