Village Farms International Reports Fourth Quarter and Year End 2021 Financial Results: Fourth Quarter Consolidated EPS of $0.03 Per Share, Net Income of $2.1 Million and Consolidated Adjusted EBITDA(1) of $5.3 Million Canadian Cannabis Generates 13th Consecutive Quarter of Positive Adjusted EBITDA, Pure Sunfarms Remains Top-Selling Brand of Dried... Read more
Cronos Group Reports 2021 Fourth Quarter and Full-Year Results Consolidated net revenue increased 59% in Full Year 2021 compared to Full Year 2020 Announces the planned exit of its Peace Naturals Campus in Stayner, Ontario to streamline supply chain and improve profitability TORONTO, March 01, 2022 (GLOBE NEWSWIRE) —... Read more
A bill to legalize recreational pot for adults narrowly advanced in the South Dakota legislature last week, winning approval in the senate by just a single vote. The legislation would bring some redemption to advocates who have been in a tug-of-war battle with the state for the last two... Read more
Democratic Governor Phil Murphy of New Jersey announced the imminent launch of the state’s regulated recreational cannabis market, saying retail sales could begin “within weeks.” The announcement came after regulators missed last Tuesday’s self-imposed deadline for adult-use cannabis sales to start. “If I had to predict, we are within... Read more
When Russian tanks rolled into the Ukraine last Thursday, perhaps the last thing on anyone’s mind was how the largest ground war in Europe since WWII would affect the nascent cannabis industry. However, the reality has sunk in and it is clear to many within the cannabis space, in... Read more
First announced on “Twosday” February 22, or 2.22.22, Rohan Marley, son of the legendary Bob Marley, plans to launch Lion Order, a cannabis and CBD lifestyle brand that truly reflects the values of both the Marley family and cultivator Heavyweight Heads. Marley plans to launch the brand, fittingly, on... Read more
Flora Growth Completes Acquisition of Category Leading Wellness Brand JustCBD; Enhances U.S. Infrastructure and CPG Portfolio JustCBD is an established CPG brand with a portfolio of over 300 products and a seamless omnichannel approach that includes a direct-to-consumer business with over 300,000 customers and a network of over 14,000 stores across... Read more
MedMen Announces Sale of Florida Assets, New Trademark Licensing Agreement MedMen to receive $83 million in cash for Florida assets, including medical cannabis license, inventory and operations MedMen to launch its global trademark licensing program beginning in Florida LOS ANGELES-February 28, 2022-(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”)... Read more
Humble & Fume Inc. Announces Financial Results for Second Quarter Fiscal 2022 Consolidated net revenue for the quarter of $16.9 million. Canadian operations revenue increased 12% for the six months ended December 31, 2021. The Company continues to execute on its aggressive strategy to optimize the business and drive... Read more
The 2022 job report from Leafly explores the newest data on cannabis jobs, which provides an in-depth look at the cannabis industry’s most recent data, as well as predictions for the future. In conjunction with Whitney Economics, Leafly released its annual Jobs Report 2022 on February 23. The report... Read more
