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Colorado Lawmakers Pass Cannabis Pardons Bill

ColoradoFeaturedTrending Stories June 17, 2020 0

Colorado lawmakers passed a bill on Monday that would allow the governor to issue pardons for low-level marijuana convictions without input from the judges and prosecutors involved in the original court cases. The measure, House Bill 1424, now heads to the office of Democratic Gov. Jared Polis for his... Read more

Louisiana Governor Passes Medical Cannabis Expansion

FeaturedLouisianaTrending Stories June 17, 2020 0

Medical cannabis is currently legal in Louisiana, but the program is limited to only serve those with extreme medical conditions. Advocates and patients wanted to see it expanded, and now, thanks to a bill just signed into law by Governor John Bel Edwards, this expansion is a reality for... Read more

High Tide Nearly Triples Revenue in Q2 to $19.6 Million

FeaturedTrending Stories June 17, 2020 0

High Tide Reports Second Quarter 2020 Financial Results Becomes the first Canadian cannabis retailer in its peer group to report positive adjusted EBITDA of $1.9M CALGARY, AB, June 17, 2020 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (CSE: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis... Read more

Canadian Cannabis Retailer Fire & Flower Quarterly Revenue Increases 142% to $23.1 Million

FeaturedTrending Stories June 16, 2020 0

Fire & Flower Announces First Quarter 2020 Financial Results – Revenue up 142% to $23.1 million, improved operational performance and strengthened balance sheet DMONTON, AB, June 16, 2020 /CNW/ – Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSX: FAF) (OTCQX: FFLWF), today announced its financial... Read more

Charlotte’s Web Prices C$67.5 Million Unit Offering at C$6.75

FeaturedTrending Stories June 16, 2020 0

Charlotte’s Web Announces C$67,500,000 Underwritten Public Offering BOULDER, Colo., June 16, 2020 /CNW/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s Web”, or the “Company”) (TSX: CWEB) (OTCQX: CWBHF), the market leader in hemp CBD extract products, announces today that it has entered into an agreement with Canaccord Genuity Corp. (the... Read more

Vireo Health Q1 Revenue Increases 110% to $12.1 Million

FeaturedMinnesotaNew YorkTrending Stories June 16, 2020 0

Vireo Health Announces First Quarter 2020 Financial Results First-quarter revenue of $12.1 million increased 34% sequentially and 110% year-over-year  Minimal capex requirements position Company for stronger second half compared to 2019  Recent cost reduction initiatives to begin materializing in results during the second quarter  MINNEAPOLIS, June 16, 2020 /PRNewswire/... Read more

Recent Research Suggests Hemp Oil May Improve Cholesterol Levels

FeaturedHempTrending Stories June 15, 2020 0

Fresh research is out that suggests oil extract derived from hemp may bolster your levels of the so-called “good cholesterol.”  The study comes courtesy from researchers at The Center for Applied Health Sciences in Ohio and Lindenwood University in Missouri who sought to determine “the effects of a commercially... Read more

Study Finds No Association Between Cannabis Use And Risk Of Stroke

FeaturedTrending Stories June 15, 2020 0

Researchers who analyzed the medical records of hospital patients found no association between recent cannabis use and stroke risk, according to a recent study. A report on the research, “Association Between Recent Cannabinoid Use and Acute Ischemic Stroke,” was published earlier this month in the peer-reviewed journal Neurology: Clinical... Read more

Will President Trump’s Retreat From The WHO Make Any Difference To Cannabis Reform?

FeaturedTrending Stories June 15, 2020 0

At the end of May, President Donald Trump announced that the U.S. would withdraw from the World Health Organization (WHO). The announcement came on the heels of a Trump threat to permanently cut off all U.S. funding for the organization (the U.S. is the largest individual national contributor) because... Read more

4Front Q4 Revenue Increases 109% Sequentially to $15.7 Million

FeaturedTrending Stories June 15, 2020 0

4Front Announces Fiscal Year 2019 Fourth Quarter and Year End Financial Results, Preliminary First Quarter 2020 Results and Business Update Q4 2019 Systemwide Pro Forma Sales of $17.5m, an increase of 525% over Q4 2018. 2019 Full Year Systemwide Pro Forma Sales for 2019 of $63.5m, an increase of... Read more
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