Headcount, a non-partisan organization that strives to get people registered to vote through music, has announced a new effort to legalize cannabis on a federal level and clear the records of thousands of people who have been convicted of cannabis-related crimes. On November 9, Headcount and the U.S. Cannabis... Read more
Eligible patients in South Dakota can officially file applications to receive a medical cannabis card under a new law that has had a clumsy rollout. A notice posted Monday on a state government website dedicated to the new medical cannabis program said that physicians “can now access the medical... Read more
A Texas judge has issued a temporary injunction blocking the state’s prohibition on Delta-8 THC, ruling that regulators may have acted improperly when they banned products containing the controversial cannabinoid. The ruling temporarily removes Delta-8 THC from Schedule I of the state’s list of controlled substances and allows retailers... Read more
urban-gro, Inc. Reports Record Third Quarter 2021 Financial Results and Raises Full Year 2021 Revenue Guidance Record third quarter revenue of $18.3 million, representing growth of 119% compared to the prior year period; organic revenue growth was 106%, excluding contribution from the 2WR+ acquisition Quarterly net income of $0.1... Read more
MedMen Reports 13% Year-over-Year Quarterly Revenue Growth and Fifth Consecutive Quarter of Positive Retail Adjusted EBITDA Q1 2022 Highlights First quarter revenue from continuing operations increased 13.4% year-over-year Total Retail Revenue including New York increased 17.6% year-over-year During the quarter, Company announced transformative capital raise and restructuring of senior... Read more
Aurora Cannabis Announces Fiscal 2022 First Quarter Results Transformation Plan On Track; Actions Taken-to-Date Have Driven Over $33 Million in Annualized Run-Rate Cost Savings Total Cannabis Net Revenue, Net of Provisions, Grew ~10% to $60.1 million Compared to $54.8 Million in Q4 2021 Adjusted EBITDA Excluding Restructuring Costs Improved... Read more
Curaleaf Reports Third Quarter 2021 Results Third quarter 2021 Revenue of $317 million, an increase of 2% sequentially and 74% YoY Third quarter 2021 Adjusted EBITDA(1) of $71 million, an increase of 69% YoY Third quarter cash flow from operations of $52 million or 16% of revenue Completed on... Read more
iAnthus Reports Third Quarter 2021 Financial Results and Provides Update on U.S. Class Action Complaint and Complaint Filed by Hi-Med, LLC NEW YORK, NY and TORONTO, ON – November 8, 2021 – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN, OTCPK: ITHUF), which owns, operates, and partners... Read more
Village Farms International Reports Third Quarter 2021 Financial Results: Adjusted EBITDA Up 49% Year-Over-Year /Another Record Quarter for Pure Sunfarms’ Sales and Adjusted EBITDA Consolidated EPS of $0.01 per share and Consolidated Adjusted EBITDA of $6.8 Million, Driven by 12th  Consecutive Quarter of Pure Sunfarms’ Positive Adjusted EBITDA Pure Sunfarms... Read more
For those watching the European cannabis discussion develop, one of the most interesting places to be right now is the island of Guernsey. Located between France and the UK, the island has been going gangbusters on the medical reform question for several years now. Now, there is a call... Read more
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