Ayr Wellness Reports Third Quarter 2021 Results Q3 Revenue up 111% Y/Y to $96.2 Million, up 5% sequentially Q3 Adjusted EBITDA of $26.0 million, up 40% Y/Y and down 5% sequentially as the Company Invests in Future Growth US GAAP Operating Loss of $8.9 Million Included Non-Cash, One-Time Expenses,... Read more
Gage Growth Corp. Announces US$55 Million Senior Secured Debt Financing Provides Maximum Flexibility to Execute on Gage’s Growth Strategy, Including Near-Term Retail Acquisition Opportunities DETROIT, and TORONTO, Nov. 22, 2021 /PRNewswire/ – Gage Growth Corp. (“Gage” or the “Company”) (CSE: GAGE) (OTCQX: GAEGF), a leading high-quality premium cannabis brand... Read more
Small-scale cannabis farms—the very pioneers of the industry—are being purged out of the legal market as the wholesale price per pound plummets, while at the same time, invaluable genetics are ripped off and renamed, often inaccurately. Anybody who has been in the game long enough knows that craft cannabis... Read more
Ads pertaining to cannabis or psychedelic mushrooms are now prohibited on New York transit vehicle services. The Metropolitan Transit Authority (MTA) of New York updated its advertising policies on November 17, noting that public transit services may not advertise cannabis or psychedelic mushrooms. “The revised policy includes certain provisions that were... Read more
The discussion about cannabis reform, generally, if not of the recreational kind, has been bubbling just south of the Rio Grande since 2015 when the Supreme Court ruled in favor of four individuals who had cultivated their own cannabis for personal use. The court was rather unambiguous about the... Read more
More than 100,000 people succumbed to overdose deaths in the United States in the span of a year, a record death toll that underscores the continuing failure of the War on Drugs to keep the nation safe. During the 12-month period ending April 2021, 100,306 Americans died of drug... Read more
A pair of Pennsylvania lawmakers—one a Democrat, the other a Republican—joined forces this week to put their support behind a bill that would permit medical cannabis patients in the state to cultivate their own cannabis plants at home. State Sens. Sharif Street, a Democrat, and Dan Laughlin, a Republican,... Read more
Acclaimed director Martin Scorsese plans to create a musical biopic about the Grateful Dead, and Jonah Hill has been cast as frontman Jerry Garcia. Deadline first broke the news that the epic biopic will become a reality. Hill posted the story on Instagram, with a hands up emoji and... Read more
Canopy Growth Announces Changes to Executive Management Team Changes are designed to drive execution against the Company’s strategic priorities SMITHS FALLS, ON, Nov. 19, 2021 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, today... Read more
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Representative Mace unveiled her cannabis legalization bill. Germany may move to legalize cannabis for adult-use. Canadian retail sales grew 38% in September. Health Canada added 3... Read more
