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
The Colorado cannabis landscape is shifting, and unionization is coming to the industry. Nature’s Root Labs in Longmont, Colorado just unionized employees through United Food and Commercial Workers (UFCW). Nature’s Root Labs sells CBD to Union Harvest in Florida, a company that then uses the raw product to make... Read more
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
