The University of California, Davis announced Tuesday its plans for a partnership with a federally approved pharmaceutical company “to analyze the chemical and biological profiles of cannabis for the benefit of law enforcement, health care providers and scientific professionals.” Researchers at the school will collaborate with Biopharmaceutical Research Company,... Read more
California cannabis edibles manufacturer Plus Products has donated more than $60,000 to the San Francisco LGBT Center, according to a statement from the company. The donation comes from Plus Products’ sales of its Rainbow Sorbet limited edition gummies. The company’s donation totaled $60,937, which represents a $1 contribution to... Read more
Charlotte’s Web Holdings Reports 2019 Q2 Earnings Q2 revenue increases 45% YoY to US$25.0 million Adjusted EBITDA of $3.9 million and US$0.02 EPS BOULDER, CO, Aug. 14, 2019 /PRNewswire/ Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”) (TSX: CWEB,OTCQX: CWBHF), the market share leader in whole-plant CBD hemp... Read more
Sundial Reports Second Quarter Results as Operations Ramp Up CALGARY, Aug. 14, 2019 /PRNewswire/ – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) today reported its financial results for the second quarter ended June 30, 2019. Sundial is an international cannabis company with state-of-the-art facilities in Canada and the United Kingdom, providing quality and consistent... Read more
Zenabis Global Announces Second Quarter 2019 Financial Results VANCOUVER, Aug. 14, 2019 /CNW/ – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) today announced its financial results for the second quarter ended June 30, 2019. All amounts, unless specified otherwise, are expressed in Canadian dollars. Key Production Metrics During the three months ended June 30, 2019,... Read more
Supreme Cannabis Provides Guidance for Positive Fourth Quarter 2019 and Fiscal 2020 Anticipates net revenue of approximately $19 million and positive Adjusted EBITDA¹ for Q4 2019. Forecasts net revenue for fiscal 2020 to be between $150 million and $180 million, and positive Adjusted EBITDA¹ for fiscal 2020. The Company... Read more
Tilray, Inc. Reports Second Quarter 2019 Financial Results Revenue Rises 371.1% to $45.9 (C$60.9) Million in the Second Quarter Compared to the Prior Year Period Canadian Adult-Use Revenue Nearly Doubles to $15.0 (C$20.0) Million Compared to Prior Quarter Key Investments Made in Europe and the U.S. as Part of... Read more
Acreage Holdings Reports Second Quarter 2019 Results Announces Strategy Leveraging Canopy Growth IP, Brands and Technologies NEW YORK, Aug. 13, 2019 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) reported financial results for the quarter ended June 30th, 2019. SECOND QUARTER FINANCIAL HIGHLIGHTS Reported... Read more
A Pennsylvania judge has ruled that a search of a medical marijuana patient’s car based on the scent of cannabis is illegal. In an opinion filed earlier this month, Lehigh County Judge Maria Dantos excluded evidence in a drugs and weapons case, dealing a blow to prosecutors. The ruling... Read more
In a decision that attorneys say could open the door to other class-action lawsuits, a petition has been approved to seal the criminal records of 350 people with marijuana misdemeanors in Manhattan. Manhattan District Attorney Cyrus Vance Jr. worked with nonprofit and pro-bono lawyers from groups like the Legal... Read more
