Sales of adult-use cannabis in Arizona hit a record $72 million in March, while purchases of medical cannabis dropped for the fifth month in a row. Regulated sales of recreational pot began in Arizona in January 2021, less than three months after the state’s voters approved a cannabis legalization... Read more
Last Saturday, the 18th Annual Emerald Cup Awards was held at The Montalbán Theatre near Hollywood and Vine in Hollywood in Los Angeles, California—and it was truly a spectacle to behold. As people shuffled in, creating a continuous stream of advocates, patients, breeders, and growers, the venue filled quickly.... Read more
A research study published in Drug and Alcohol Review found that cannabis consumption is mainly depicted as positive on TikTok. However, lead author on the study, Brienna Rutherford, explained the thought behind the study. “Social media is a big part of the modern world, with adolescents reporting that they... Read more
Sundial Reports First Quarter 2022 Financial and Operational Results CALGARY, AB, May 16, 2022 /PRNewswire/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) reported its financial and operational results for the first quarter ended March 31, 2022. All financial information in this press release is reported in millions of Canadian dollars... Read more
InterCure Begins 2022 with Record Breaking First Quarter Financial Results Record revenue of $341 million in the first quarter of 2022 Adjusted EBITDA2 increased almost 110% year-over-year to $8 million Net income of $6 million for the Q1 of 2022 compared to $2 million in Q1 of 2021 Seventh consecutive quarter of positive cash flow from operations $91 million cash on March 31, 2022 Revenue growth expected... Read more
iPower Reports Fiscal Third Quarter 2022 Results – Fiscal Q3 Revenue up 74% to a Record $22.8 Million – – iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time – DUARTE, Calif., May 16, 2022 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq:IPW) (“iPower” or the “Company”), a... Read more
Company on Track to Achieve Positive Adjusted EBITDA by Q3 2022 BOCA RATON, FL / ACCESSWIRE / May 17, 2022 / Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results... Read more
There was a lucky vibe for Friday the 13th, at the grand opening for cannabis consumption lounge The Woods, co-owned by actor and cannabis entrepreneur Woody Harrelson. Located in West Hollywood, California, the newly remodeled storefront is one of the first of a slew of consumption facilities slated to... Read more
An international drug network shipping cocaine from Latin America, ketamine from Lithuania into the Netherlands, and cannabis smuggled from North Africa through Spain has just been busted by an operation conducted under the jurisdiction of Europol called Eurojust. Italy’s interior ministry said that they had issued warrants against 31... Read more
The number of patients registered to use medical cannabis in South Dakota has jumped in recent weeks following a mass registration event held in April. South Dakota voters legalized the medicinal use of cannabis with the approval of a ballot measure in 2020 that passed with nearly 70% of... Read more
