TILT Holdings Announces Closing of Additional US$10.2M, as Previously Announced Shareholder Backed Financing is Oversubscribed Additional Capital Will Drive Growth of Core Assets CAMBRIDGE, Mass., Nov. 21, 2019 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a foundational technology cannabis platform comprised of... Read more
TerrAscend Announces Strong Revenue Growth and Margin Improvement for the Third Quarter of 2019 Third quarter revenue of $26.8 million, an increase of 53% from $17.6 million in the second quarter and compared with $1.8 million in the third quarter of 2018 Improved gross profit margin to 26.1% from... Read more
Green Thumb Industries (GTI) Reports Increased Third Quarter Revenue of $68 Million and Adjusted Operating EBITDA of $14.1 Million Third quarter revenue increased 296% year-over-year Expect to generate over $200 million in total revenue for fiscal year 2019 Retail expansion on pace with four new Rise™ stores opened during... Read more
TILT Holdings Reports Third Quarter Revenue of US$46.1M, Positive Adjusted EBITDA of US$2.7M Third Quarter Revenue Increased 18% Over the Second Quarter of 2019 Positive Third Quarter Adjusted EBITDA of US$2.7M Marks Turning Point for Company CAMBRIDGE, Mass., Nov. 20, 2019 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or... Read more
Harvest Health & Recreation Inc. Reports Third Quarter 2019 Financial Results — Total revenue for the third quarter was $33.2 million, up 197% from the third quarter 2018 and 25% sequentially (all dollars are U.S. dollars unless otherwise noted) — Revenue growth was driven by new and acquired retail... Read more
Coloradans on probation can continue to use medical marijuana, the state’s Supreme Court ruled Monday, rebuking a district court judge’s decision from two years ago. In a unanimous decision, Colorado’s highest court ruled that defendants with cannabis prescriptions are free to do so unless it could be proved that... Read more
West Virginia regulators have announced that the Office of Medical Cannabis will begin accepting applications next month for permits to operate in the state’s coming legal medical marijuana industry. The West Virginia Department of Health and Human Resources’ Bureau for Public Health said in a press release on Tuesday... Read more
The internet exploded in derision this week over South Dakota’s anti-methamphetamine campaign, which features photos representing South Dakotans and some variation of the phrase “Meth: We’re On It.” But the state’s governor wants us to know that the entire endeavor is meant to get us talking. “Hey Twitter, the... Read more
This week, the United States House of Representatives could be voting on the federal legalization of cannabis. Representative Jerry Nadler announced on Monday that the house judiciary committee had posted a markup for HR 3884 a.k.a. the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act — which means a vote... Read more
Lab testing is a key factor in most legal cannabis markets. Most immediately, this is what helps ensure that the products consumers purchase are not contaminated with harmful substances such as mold, yeast, pesticides, or other chemicals. It’s also one of the ways that weed-legal states try to ensure... Read more
