Democratic Gov. Steve Sisolak of Nevada announced on Thursday that he would seek a resolution that would pardon thousands of convictions for marijuana possession, making good on a proposal he made in March. Sisolak placed the resolution on the agenda for next week’s meeting of the Nevada Board of... Read more
Planet 13 Announces First Quarter 2020 Financial Results Q1 2020 Revenue of $16.8 million; EBITDA of $2.5 million SuperStore accounted for 10.1% of all Nevada cannabis dispensary revenue in Q1 2020¹ All figures are reported in United States dollars ($) unless otherwise indicated LAS VEGAS, June 1, 2020 /PRNewswire/... Read more
Cresco Labs Announces Mutual Agreement to Terminate Purchase Agreement With Tryke – Frees-Up $55 Million in Capital to Further Invest in Organic Growth Pipeline CHICAGO, April 27, 2020–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States,... Read more
The coronavirus pandemic has brought mixed results to the marijuana industry. While some markets have seen a surge in deliveries, many dispensaries have seen a sharp dip in sales over the last month with would-be customers confined to their homes due to stay-at-home orders. The latter tells the story... Read more
Larry Scheffler (Left) and Dennis Logan (Right) Exclusive Interview with Planet 13 Co-CEO Larry Scheffler and CFO Dennis Logan In 2018, Planet 13 Holdings (CSE: PLTH) (OTCQB: PLNHF) was just launching its Nevada superstore. Now, the Las Vegas store has become an entertainment complex, and the company is preparing... Read more
Authorities in Las Vegas this week seized thousands of marijuana plants valued at millions of dollars in what was a record bust for the jurisdiction. The city’s metropolitan police said that officers found 5,700 plants worth an estimated $8.6 million in a raid on Wednesday of an old warehouse.... Read more
Planet 13 Announces Full Year 2019 Financial Results and Q1 2020 Revenue 2019 Revenue of $63.6 million SuperStore accounted for 9.1% of all Nevada cannabis dispensary revenue in 2019¹ 2019 EBITDA of $9.9 million Q1 2020 Revenue of $16.6 million All figures are reported in United States dollars ($)... Read more
Michael Mills (Left) and Trip Hoffman (Right) Exclusive Interview with Body and Mind President and Interim CEO Michael Mills and Body and Mind COO Trip Hoffman Multi-state operator Body and Mind (CSE: BAMM) (OTCQB: BMMJ) started as a private company serving the Nevada medical market five years ago. Now,... Read more
Acreage Announces Operational Updates, Executive Resignation, Suspension of Guidance and Termination of Proposed Deep Roots Acquisition NEW YORK, April 03, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced a series of operational updates and strategic business decisions related... Read more
The U.S. Food and Drug Administration is warning the company of former NFL player Kyle Turley to stop claiming that CBD is an effective treatment for coronavirus. In a letter dated Tuesday, the FDA ordered Turley’s company, Las Vegas-based NeuroXPF, to stop “misleadingly representing your products as safe and... Read more
