Acreage Holdings Reports Third Quarter 2020 Results NEW YORK, Nov. 11, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) today reported financial results for the third quarter of 2020. THIRD QUARTER FINANCIAL HIGHLIGHTS (UNAUDITED) Reported revenue was $31.7 million, a 42% increase compared... Read more
On the heels of a historic triumph for the legalization movement at the ballot box earlier this month, one Texas lawmaker is keen to get in on the action. Roland Gutierrez, a Democratic state House representative who was just elected to the Texas state senate, said this week that... Read more
Less than a week after voters in New Jersey resoundingly passed a measure to legalize adult use marijuana, lawmakers in the state moved forward on plans to implement the new law. A pair of related bills passed out of two separate legislative committees on Monday, the Senate Judiciary and... Read more
Advanced Flower Capital Provides $22 Million Secured Credit Facility to Organic Remedies, Inc. and Toigo Organic Farms, LLC to Fund Expansion Within Pennsylvania WEST PALM BEACH, Fla., Nov. 10, 2020 /PRNewswire/ — AFC Management, LLC (“AFC Management”) announced today that an affiliate, AFC Gamma, Inc. (“AFC”), has funded a... Read more
Harvest Health & Recreation Inc. Reports Third Quarter 2020 Financial Results Third quarter revenue was $61.6 million, up 86% from the third quarter 2019 and 11% sequentially Third quarter adjusted EBITDA was $10.5 million, compared to $4.1 million in the second quarter of 2020 2020 revenue target increased to... Read more
Aurora Cannabis Announces Proposed Public Offering EDMONTON, Alberta, Nov. 10, 2020 (GLOBE NEWSWIRE) — Aurora Cannabis Inc. (the “Company” or “Aurora”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today that it will be filing a preliminary prospectus supplement (the “Preliminary Supplement”) to... Read more
Former Vice President Joe Biden was deemed the winner of the presidential election on Saturday following news that he had prevailed in Pennsylvania and Nevada, carrying his campaign beyond the 270 electoral votes needed to win the presidency. Biden’s success makes Donald Trump the first incumbent president to fail... Read more
New Research in Canada reveals that many of those in a study who reportedly have used medical cannabis also claim that they’ve noticed a decrease in their drinking.  The research was conducted by the Canadian Institute for Substance Abuse Research and the University of Victoria, School of Public Health... Read more
Fully two-thirds of Americans now support the legalization of marijuana, according to data from a Gallup poll released on Monday. That figure is the highest level of support since Gallup first began polling about legalizing cannabis more than 50 years ago, although it is not a statistically significant increase... Read more
Aurora Cannabis Announces Fiscal First Quarter 2021 Results #1 Canadian Medical Position by Cannabis Net Revenue & Strong International Medical Growth Cannabis Net Revenue of $67.8 million, Adjusted Gross Margin of 48%, or 52% Excluding Nordic 1 Ramp Up Costs Achieved Targeted SG&A During Q1 2021 EDMONTON, AB, Nov. 9, 2020 /PRNewswire/ –... Read more
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