EDMONTON, AB, May 26, 2022 /CNW/ – Aurora Cannabis Inc. (“Aurora” or the “Company”) (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today has announced today that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity and BMO... Read more
– Year over Year Net Revenues increased 38.8% to $17.2 million, including one month contribution from Urbn Leaf and no contribution from Loudpack – – Felicia Snyder appointed to board of directors – OAKLAND, Calif. and TORONTO, May 26, 2022 /PRNewswire/ – Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically integrated cannabis enterprise,... Read more
Company Advances Premium Brand Driven Strategy, Laying a Foundation for Long-Term Sustainable Growth and Profitability SMITHS FALLS, ON, May 27, 2022 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the fourth quarter and fiscal year ended March... Read more
On May 11, the Mexican Supreme Court ruled in favor of “Édgar,” a young man facing prosecution for the last four years for cannabis possession. While he was absolved of his “crime,” the court failed to completely eliminate the criminalization of simple possession, ruling that it was not the... Read more
As Belgian cannabis advocates pointed out in spades this year on 4/20, the country is hopelessly behind the times when it comes to reform. This is true not only compared to other countries across Europe, but also to its neighbors who exist in a tripartite political and economic union... Read more
The South Dakota Secretary of State announced on Wednesday that a ballot measure to legalize cannabis for adults has received enough verified signatures to qualify for the November election, giving the state’s voters another chance to legalize recreational pot at the ballot box. Secretary of State Steve Barnett also... Read more
The perpetual myth that dispensaries are selling weed to minors refuses to die, but evidence shows this isn’t the case in California. Instead, adult-use dispensaries in the state are proving the system works by checking IDs as required by state law. A new study disproves the theory that dispensaries... Read more
Ground Game Texas held a press event on May 25, announcing that the group has collected enough signatures to qualify for the November 2022 ballot. Only 1,000 valid signatures were necessary, but the group collected over 2,400 signatures for submission. Ground Game Texas was founded in 2021 and seeks... Read more
Q1 2022 Revenue of $111.2 Million, up 90% YoY Q1 2022 Adjusted EBITDA of $19.5 Million, up 6% YoY US GAAP Operating Loss of $21.1 Million and $8.4 Million for Q1 2022 and Q1 2021, Respectively Recently Received Final Approval for Adult Use Sales in New Jersey and Boston... Read more
The Company is on schedule to execute its aggressive strategy to become the leading North American distributor for cannabis and cannabis accessories. Optimizing the business and driving toward profitability remains a priority. Stabilizing quarterly consolidated net revenue for the quarter of $16 million (-4% vs. Q2) while driving optimization and with... Read more
