Curaleaf Prepares for New Opportunities in American and European Cannabis
FeaturedTrending Stories November 10, 2022 0
Exclusive Interview with Curaleaf CEO Matt Darin Curaleaf (CSE: CURA) (OTCQX: CURLF) is looking to its near-term and long-term growth opportunities. It just opened a third-adult use store in New Jersey, and it is planning ahead for expansion in Europe. CEO Matt Darin checked in with New Cannabis Ventures... Read more
Hydrofarm Q3 Revenue Decreases 24% Sequentially to $74 Million
FeaturedTrending Stories November 10, 2022 0
Hydrofarm Holdings Group Announces Third Quarter 2022 Results Company Reiterates Full Year 2022 Outlook SHOEMAKERSVILLE, Pa., Nov. 09, 2022 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture (“CEA”),... Read more
Trulieve Q3 Revenue Decreases 5% Sequentially to $301 Million
FeaturedTrending Stories November 10, 2022 0
Trulieve Reports Third Quarter 2022 Results and Drives Forward Progress on Strategic Vision Revenue increased 34% year over year to $301 million with GAAP gross margin of 56% Industry leading U.S. retail network of 176 dispensaries, supported by over 4 million square feet of cultivation and processing capacity Capital, data, distribution... Read more
Schwazze Q3 Revenue Declines 2% to $43 Million
ColoradoFeaturedTrending Stories November 10, 2022 0
Schwazze Announces Third Quarter Results Record Quarterly Revenue and Adjusted EBITDA Revenue Increased 36% to $43.2 Million Compared to $31.8 Million in Q3 2021 Nine Month Revenue Increased 46% to $119.2 Million Compared to $81.9 Million Adjusted EBITDA of $15.9 Million, 36.7% of Revenue Nine Month Adjusted EBITDA of... Read more
Five Cities in Texas Approve Decriminalization Initiatives on Ballot
FeaturedTexasTrending Stories November 9, 2022 0
This effort was passed with the help of Ground Game Texas, a local advocacy group that targeted those five cities specifically for the ballot. The organization has also been involved in other campaigns in Austin, El Paso, and San Antonio. “Big night for Ground Game! All five of our... Read more
Los Angeles County Voters Approve Cannabis Tax
CaliforniaFeaturedTrending Stories November 9, 2022 0
Los Angeles County voters in California approved Measure C on Tuesday, which will impose a tax structure on businesses in unincorporated areas of the county once they receive permits, Los Angeles Daily News reports. At the time of writing, nearly 60% of the votes were in favor of Measure... Read more
National Park Service Asks Visitors To Stop Licking Toads
FeaturedTrending Stories November 9, 2022 0
The National Park Service is asking visitors to its facilities to refrain from licking toads, cautioning them that the practice can make a person sick. The warning included a night vision photograph of a toad with glowing eyes and the declaration, “ALL GLORY TO THE HYPNOTOAD!!!,” a reference to... Read more
The Canadian cannabis company Tilray Brands announced on Tuesday that it is expanding its beverage portfolio with the acquisition of popular New York-based craft brewer, Montauk Brewing. “Tilray Brands continues to strengthen our U.S. footprint and operations through investments in and growing our portfolio of leading lifestyle CPG brands... Read more
Legalization Initiative Passes in Maryland with Question 4
FeaturedMarylandTrending Stories November 9, 2022 0
Voters approved Question 4, also called the Marijuana Legalization Amendment, in Maryland on Nov. 8. The passage of this initiative amends the Maryland Constitution with Article XX which allows cannabis possession and consumption for adults 21 and older, starting on or after July 1, 2023. The amendment also instructs... Read more
Voters Tuesday rejected Issue 4, a measure that would have legalized adult-use cannabis, to the dismay of Arkansas cannabis advocates who worked hard to push the bill forward. Led by Responsible Growth Arkansas, advocates promoted the approval of an amendment to the Arkansas Constitution which would have authorized the... Read more