Featured | MJ Shareholders

Planet 13 Q3 Revenue Rebounds 111% from Q2 to Record $22.8 Million

Featured Nevada Trending Stories November 25, 2020 0

Planet 13 Announces Record Third Quarter 2020 Financial Results Q3 2020 Revenue of $22.8 million; Adjusted EBITDA of $6.2 million All figures are reported in United States dollars ($) unless otherwise indicated LAS VEGAS, NV / ACCESSWIRE / November 24, 2020 / Planet 13 Holdings Inc. (CSE:PLTH) (OTCQB:PLNHF) (“Planet... Read more

Number Of Banks Working With Marijuana Industry Continues To Drop Amid COVID, Federal Report Shows

Featured Marijuana Industry Marijuana Industry News November 24, 2020 0

Two law enforcement officials in South Dakota are asking a judge to throw out a marijuana legalization measure that state voters approved this month, filing a court challenge that appears to have the backing of Gov. Kristi Noem (R) and is being paid for at least partially with state... Read more

Assembly Committees in New Jersey Senate Advance Cannabis Bill

Featured New Jersey Trending Stories November 24, 2020 0

New Jersey made its way back in headlines when legislative Assembly committees in the state Senate advanced a bill to regulate legal cannabis within state lines and bring the new state industry to life. Of course, the last time New Jersey was being lauded for their recreational cannabis progress... Read more

Maine’s First Month Of Legal Marijuana Sales Total $1.4M

Featured Maine Trending Stories November 24, 2020 0

Licensed cannabis retailers in Maine sold more than $1.4 million worth of marijuana products during the first month of legal recreational pot sales, according to data released by state regulators on Monday. Legal sales of adult-use cannabis began on October 9, nearly four years after voters approved recreational marijuana... Read more

Making a better towel with hemp: Q&A with Anact’s Brianna Kilcullen

Featured Industrial Hemp News Marijuana Laws, Regulations, & Politics November 23, 2020 0

Brianna Kilcullen found the remedy to mildewy towels in hemp fiber. Turns out, the plant has a molecular structure that reduces the growth of bacteria and smell of mildew in a hemp-based towel, said Kilcullen, founder and CEO of Jacksonville, Florida-based Anact. Kilcullen got the idea to make towels... Read more

Cann Group Secures A$50 Million Loan for Facility Completion

Featured Trending Stories November 23, 2020 0

Cann Group Limited (ASX: CANN) (OTC: CNGGF) announced today that it has lined up a A$50 million secured debt facility from National Australia Bank (NAB). The funds will allow the company to complete the construction of the A$112 million first stage of its project near Mildura, which will enable it... Read more

Tilray Trims $124 Million of Its Convertible Debt with 10.9 Million Share Issuance

Featured Trending Stories November 23, 2020 0

Tilray, Inc. Announces Agreement to Exchange Approximately $124.3 Million in Principal Amount of Its 5.00% Convertible Senior Notes Due 2023 for Common Stock NANAIMO, British Columbia-November 23, 2020-(BUSINESS WIRE)–Tilray, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY), a global pioneer in cannabis research, cultivation, production and distribution, today announced that... Read more

Cansortium Q3 Revenue Increases 8% Sequentially to $14.3 Million

Featured Florida Trending Stories November 23, 2020 0

Cansortium Inc. Reports 2020 Third Quarter Financial Results Another strong quarter highlighted by $3.6M of Adjusted EBITDA on $14.3M of revenue MIAMI, Nov. 23, 2020 /PRNewswire/ – Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated provider of premium-quality medical cannabis, today announced financial results for... Read more