Greenlane Reports Record Core Business Revenue in Q3 2020 Core Revenue Expands 36% to $32.3 million Compared to Q3 2019 Sales of Greenlane Brands Grew Approximately 65% to $5.6 million Compared to Q3 2019 Implements Further G&A Expense Reductions to Achieve Annualized Savings of Approximately $5.0 million Strong Balance... Read more
Harvest Health & Recreation Inc. Announces Divestiture of Arkansas Assets PHOENIX, Nov. 16, 2020 /PRNewswire/ — Harvest Health & Recreation Inc. (“Harvest”) (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., has completed the divestiture of its dispensary and cultivation assets in Arkansas.... Read more
Aurora Cannabis Closes Previously Announced Upsized Underwritten Public Offering Over-Allotment Option Exercised in Full EDMONTON, Alberta, Nov. 16, 2020 (GLOBE NEWSWIRE) — Aurora Cannabis Inc. (the “Company” or “Aurora”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today the closing of its previously... Read more
Vireo Health Announces Forced Redemption of Warrants Issued in Conjunction with March 2020 Private Placement — Successful financing helped drive improvements in operating performance —— Management expects redemptions to result in CAD $13.1 million of cash proceeds — MINNEAPOLIS, Nov. 16, 2020 /PRNewswire/ — Vireo Health International, Inc. (“Vireo”... Read more
Israel has just announced that the country will be drafting a memo for approval that would legalize and regulate cannabis nationwide, adding them to the ranks of countries with legal cannabis across the globe. The announcement comes from the inter-ministerial committee, who have been debating about the regulation of... Read more
Have you gotten swept up in the CBD craze? Careful. It may induce a positive drug test. That’s according to findings from a clinic trial published last month in the journal JAMA Psychiatry. The findings, which comes via researchers at Harvard, “suggest that patients consistently using full-spectrum, hemp-derived products... Read more
A New Jersey legislative committee voted on Thursday to advance a bill that would decriminalize the possession of marijuana and reduce the penalties for possessing small amounts of psilocybin mushrooms. The move by the Senate Budget and Appropriations Committee comes only days after New Jersey voters approved a constitutional... Read more
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$10 million per quarter (C$13.2 million). This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay... Read more
Medical Cannabis Processors Announced 11/13/2020 The West Virginia Department of Health and Human Resources, Bureau for Public Health, Office of Medical Cannabis (OMC) today announced the successful applicants for medical cannabis processor permits. These companies will process medical cannabis plant material into products allowed by law and sell them... Read more
Already the gambling hub of the Garden State, Atlantic City is angling to become the capital of New Jersey’s emerging legal weed market. Marty Small, the mayor of Atlantic City, said Wednesday that he wants the beach resort destination to be the lone place where marijuana can be sold... Read more
