The Mississippi Supreme Court on Friday struck down a medical marijuana initiative, Initiative 65, that succeeded at the polls in the November election, overturning the will of nearly 70% of the state’s electorate in the process. The Supreme Court justices ruled in a 6 to 3 decision that Mississippi’s... Read more
Republican Gov. Kay Ivey of Alabama signed a bill on Monday that legalizes the medicinal use of cannabis in the state. The measure, Senate Bill 46, was passed by the Alabama House of Representatives earlier this month after being approved by the state Senate in February. The Alabama medical... Read more
MariMed Q1 2021 Results Reflect Highest Core Cannabis Revenue and Profitability Core Cannabis Revenue Increased 230% to $24.6m, EBITDA Increased 764% to $7.6m Q1 2021 vs. Q1 2020 Significantly Strengthened Balance Sheet and Improved Liquidity to Support Future Growth Conference Call to be Held on May 18th at 9:00... Read more
Greenlane Accelerates Acquisition Strategy and Achieves Second Consecutive Quarter of Record Greenlane Brands Revenue in Q1 2021 A strong start to 2021 with the pending transformational merger with KushCo and acquisition of Eyce Greenlane Brand sales sets back-to-back quarterly sales records now accounting for 25% of total revenue for Q1... Read more
Verano Holdings Announces First Quarter 2021 Results First quarter 2021 revenue of $143 million, growth of approximately 117% year-over-year Gross profit margin of over 62% for first quarter 2021 First quarter 2021 net income of $126 million, including the impact of biological assets, and $8 million excluding the impact... Read more
A bill to legalize marijuana in Minnesota that recently passed the House isn’t advancing in the Republican controlled Senate this session—but advocates scored a different kind of victory on Monday when it comes to expanding the state’s medical cannabis program. That includes legalizing smokable forms of marijuana for registered... Read more
A bill to legalize marijuana in Minnesota that recently passed the House isn’t advancing in the Republican controlled Senate this session—but advocates scored a different kind of victory on Monday when it comes to expanding the state’s medical cannabis program. That includes legalizing smokable forms of marijuana for registered... Read more
A bill to legalize marijuana in Minnesota that recently passed the House isn’t advancing in the Republican controlled Senate this session—but advocates scored a different kind of victory on Monday when it comes to expanding the state’s medical cannabis program. That includes legalizing smokable forms of marijuana for registered... Read more
The worldwide cannabis community will have the opportunity to explore trends in sustainable production and other issues vital to the industry during the Cannabis Sustainability Symposium, which will be presented to a global audience this week. The event, founded by the City of Denver Cannabis Sustainability Working Group and... Read more
