Fire & Flower Announces Fiscal Third Quarter 2021 Financial and Operational Results Quarterly revenue increased 37% year-over-year to $45.4 million Sixth Consecutive Quarter of Positive Adjusted EBITDA of $2.1 million Hifyre™ Digital Retail and Analytics Platform generated $3.8 million in revenue for the quarter, an increase of 160% year-over-year Completed the acquisiton of... Read more
A legalization bill for Rhode Island is expected to be ready sometime during quarter one of 2022. Last week, Rhode Island Representative and House Speaker Joe Shekarchi mentioned the progress of a cannabis legalization bill for his state, which is almost ready to be introduced. Shekarchi was featured in... Read more
Visa recently issued a memo detailing a common scheme being used by businesses in the cannabis industry—“cashless ATM” point-of-sale (POS) transactions. Cashless ATM transactions take place when a merchant takes an order, rounds up the total to an even number, and then runs a transaction, miscoded as an ATM... Read more
Glass House Brands Secures US$100 Million Senior Secured Term Loan Non-Dilutive Capital to Fund Phased Retrofit of 5.5 Million Square Foot Cultivation Facility LONG BEACH, Calif. and TORONTO, Dec. 13, 2021 /CNW/ – Glass House Brands Inc. (“Glass House” or the “Company”) (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest- growing, vertically-integrated... Read more
Fire & Flower Announces $30 Million Secured Debt Facility with Circle K Owner Alimentation Couche-Tard Financing demonstrates further alignment with strategic partner and enables execution of the consumer digital platform TORONTO, Dec. 13, 2021 /CNW/ – Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSX: FAF)... Read more
Curaleaf Announces $425 Million Private Placement Of 8% Senior Secured Notes Due 2026 WAKEFIELD, Mass., Dec. 13, 2021 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer products in cannabis, today announced that it has received commitments for a... Read more
A toke before sleep is the key to shut-eye for many, but new research published this week suggests that may not be the case. The study, published Monday in The BMJ, sought to “determine the relationship between cannabis use and nightly sleep duration in a nationally representative dataset,” which... Read more
Often the best inventions and innovations are born out of necessity—which is exactly what sparked the creation and development of the Grasshopper. Grasshopper Co-founders Luke Daly and Jesse Bloomfield shared why they had to build the tool they needed—because it didn’t exist yet. The Grasshopper is an all-in-one tool... Read more
Cannabis growers deserve a little love, too, and anyone who has dabbled in the art of growing cannabis knows the gear can be pricey, so a little love goes a long way. From products that control Ph levels to butter-making devices, High Times picked out some of the best gear... Read more
FOX’s free streaming service Tubi hosted the premiere of a pop-up experience on December 6 at Fred Segal’s flagship Sunset location in Los Angeles, California to honor the platform’s animated ode to smokers new and old—The Freak Brothers. Most members of the epic voice cast attended, including Pete Davidson... Read more
