Police have linked a rash of burglaries targeting New England cannabis dispensaries to a trio of suspects in Massachusetts, according to a report from the Portland Press Herald. Law enforcement officers say that a man from New Bedford, Massachusetts and two brothers from Boston are suspected in the string... Read more
Charlotte’s Web Reports 2021 Fourth Quarter and Year-End Financial Results 2021 Revenue grew 1% to $96.1M Adjusted EBITDA¹ Loss improved $5M to ($18.6M) $19.5M cash at December 31, 2021 DENVER, March 24, 2022 /PRNewswire/ – (TSX: CWEB) (OTCQX: CWBHF), Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”), the... Read more
Jushi Holdings Inc. Reports Fourth Quarter and Full Year 2021 Financial Results Fourth Quarter 2021 Revenue of $65.9 million and Full Year 2021 Revenue of $209.3 million, Reflecting 22% Quarterly and 159% Annual Growth Expanded Cannabis Footprint to Seven States, Including Three Vertically Integrated Markets BOCA RATON, Fla., March... Read more
Columbia Care Reports Record Fourth Quarter and Full Year 2021 Results; Issues 2022 Guidance Under U.S. GAAP Company Now Reporting in U.S. GAAP; Also Presenting Results This Quarter with Reference to 2021 IFRS Guidance Full Year 2021 U.S. GAAP Results Include Record Revenue of $460 Million and Record Adjusted... Read more
Aurora Cannabis Advances Premiumization Strategy by Acquiring Thrive Cannabis, and its Award-Winning Greybeard Brand, in a Margin Accretive Transaction Thrive’s highly experienced and trusted cannabis team in craft cultivation, product innovation, and operational execution will lead Aurora’s Canadian recreational business Expands Aurora’s brand offering with Greybeard, an award-winning, super-premium,... Read more
Cresco Labs to Become the New Leader in Cannabis with the Acquisition of Columbia Care Transformational deal will combine best-in-class wholesale, retail and operations with an expanded strategic footprint in the largest and fastest growing markets in cannabis CHICAGO, March 23, 2022–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or... Read more
Agrify Announces Record Fourth Quarter and Fiscal Year 2021 Results 2021 Revenue Increased 395% Year-Over-Year to $59.9 Million Fourth Quarter Revenue Increased 481% Year-Over-Year to $25.3 Million BILLERICA, Mass., March 23, 2022 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of advanced cultivation and extraction... Read more
Cresco Labs Announces Fourth Quarter & Full Year 2021 Results with Record Revenue, Adjusted EBITDA1 and Operating Cash Flow Company reports 73% year-over-year revenue growth and 219% adjusted EBITDA growth in 2021 CHICAGO-March 23, 2022-(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”),... Read more
Data and market intelligence company Headset released a report on March 15, entitled “Understanding 4/20 cannabis holiday & consumer purchasing trends,” which projects that 2022 will be one of the biggest holidays yet for cannabis sales. The data is collected by Headset’s own software, which examines real-time sales from... Read more
A decade after Colorado made history and legalized recreational cannabis, the state’s second largest city may be ready to get in on the action. For years, Colorado Springs has blocked adult-use cannabis sales within its jurisdiction. Last week, organizers of a campaign that seeks to end that prohibition officially... Read more
