A whirlwind of conspiracy stretching across several states indicates a plot to alter elections and illegally obtain cannabis licenses in Nevada and other locations. According to an indictment, which was unsealed for the public by the United States Attorney for the Southern District of New York on March 14,... Read more
New Jersey began accepting applications on Tuesday from individuals hoping to get in on the ground floor of the state’s coming recreational cannabis industry. By day’s end, state regulators had attracted plenty of interest. NJ.com reported that the New Jersey Cannabis Regulatory Commission said that by 4 p.m. on... Read more
A policy paper entitled, “Addressing Youth and Cannabis: Solutions to combat and prevent youth misuse through a federal regulatory system” was released by CPEAR on March 16, and reviews data regarding how youth cannabis consumption hasn’t increased since legalization began. The report was also presented during CPEAR’s roundtable event... Read more
The Kentucky House of Representatives on Thursday passed a bill to legalize medical cannabis, only one week after the proposal was advanced by a key legislative committee. The measure, House Bill 136, was passed by the House with a vote of 59-34 and will now head to the state... Read more
iAnthus Reports Fiscal Fourth Quarter, Full Year 2021 Financial Results and Provides Update on Annual General Meeting NEW YORK, NY and TORONTO, ON – March 18, 2022 – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN, OTCPK: ITHUF), which owns, operates, and partners with regulated cannabis operations... Read more
HEXO Reports Second Quarter 2022 Results, Embarks on Transformative Plan Company makes significant progress on capital structure and strengthening balance sheet. This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dates May 11, 2021, to its short form base shelf prospectus dated... Read more
Glass House Brands Reports Fourth Quarter and Full Year 2021 Financial Results 2021 Net Revenue Increased 44% Year-over-Year All Licenses for Phase I Retrofit of SoCal Cultivation Facility Received, with First Harvest Expected During Q3 2022 Conference Call to be Held March 17, 2022 at 8:00 a.m. ET LONG... Read more
Ayr Wellness Reports Fourth Quarter and Full Year 2021 Results Q4 2021 Revenue of $111.8 Million, up 16% sequentially Q4 2021 Adjusted EBITDA of $26.1 Million, flat sequentially FY 2021 Revenue and Adjusted EBITDA of $357.6 Million and $98.0 Million, up 131% and 84% Year-over-Year, respectively US GAAP Operating... Read more
High Tide Reports Q1 2022 Financial Results Featuring Record Revenue of $72 Million, Increasing 34% Sequentially, and Adjusted EBITDA of $3 Million, Representing an 80% Sequential Increase Company Reports Second-Highest Quarterly Revenue Figure Ever by a Cannabis Company Reporting in Canadian Dollars CALGARY, Alberta, March 17, 2022–(BUSINESS WIRE)–High Tide... Read more
The European Commission, the regional body tasked with establishing cannabis regulations across the vertical for all EU members, has finally created guidelines for the acceptable amount of THC that can be found in commercially available food products containing CBD. There are two of them. The first, approved by the... Read more
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