MedMen Reports First Quarter Fiscal Year 2021 Financial Results First quarter revenue of $35.6 million, up 31% from the previous quarter Gross margin improved from 40% to 47% sequentially and retail gross margin improved from 49% to 54% sequentially Reduced total SG&A expenses by 21% sequentially and corporate SG&A... Read more
Last week, the European Commission (the “Commission”) retracted its preliminary position on treating hemp-derived cannabidiol (“CBD”) and other extracts derived from the flowering tops of the Cannabis sativa L. plant as narcotics under the U.N. Single Convention on Narcotic Drugs of 1961 (the “Single Convention”). We were relieved to see this development; faithful readers of
Ryan Allway December 8th, 2020 CALGARY, AB, Dec. 8, 2020 /CNW/ – High Tide Inc. (“High Tide” or the “Company“) (TSXV: HITI) (OTCQB: HITIF) (Frankfurt:2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that Omar Khan has agreed to join the Company as Senior Vice... Read more
Ryan Allway December 8th, 2020 Psychedelics Mydecine completes harvest and is preparing to export 20 kilograms of psilocybin mushrooms from Jamaica to Canada for increased global supply scale of cGMP nature-sourced psilocybin DENVER, Dec. 08, 2020 (GLOBE NEWSWIRE) — Mydecine Innovations Group (CSE: MYCO) (OTC: MYCOF) (“Mydecine” or the “Company’), an emerging... Read more
Ryan Allway December 8th, 2020 BellRock’s Iconic Flagship Brands, Mary’s and Dixie, will consolidate under the Matrix NV roof and expand offerings to Nevada residents and visitors DENVER, Dec. 8, 2020 /CNW/ – BellRock Brands Inc. (“BellRock” or “the Company”) (CSE: BRCK.U), an industry-leading cannabis consumer packaged goods (“CPG”) multi-state operator (“MSO”), announced... Read more
December 07, 2020 08:45 ET | Source: FluroTech Ltd. CALGARY, Alberta, Dec. 07, 2020 (GLOBE NEWSWIRE) — FluroTech Ltd. (TSXV: TEST) (OTCQB: FLURF), (“FluroTech” or “the Company”) is pleased to announce a non-brokered private placement of units (“Units”) for gross proceeds of up to $2,500,000 (the “Offering”), subject to TSX Venture Exchange (the “Exchange”) approval. The... Read more
For the second time this month, the U.S. House of Representatives will vote on a federal marijuana reform bill—this one promoting research into the plant and allowing scientists to study cannabis from state-legal businesses for the first time. After the chamber approved a comprehensive bill to federally legalize marijuana... Read more
For the second time this month, the U.S. House of Representatives will vote on a federal marijuana reform bill—this one promoting research into the plant and allowing scientists to study cannabis from state-legal businesses for the first time. After the chamber approved a comprehensive bill to federally legalize marijuana... Read more
For the second time this month, the U.S. House of Representatives will vote on a federal marijuana reform bill—this one promoting research into the plant and allowing scientists to study cannabis from state-legal businesses for the first time. After the chamber approved a comprehensive bill to federally legalize marijuana... Read more
Etsy Stock Up 234% Year-Over-Year, Still Undervalued Etsy Inc (NASDAQ:ETSY), continues to be one of the best buy-and-hold e-commerce stocks on the planet. While Etsy stock has provided investors with exceptional growth for years, it has done exceptionally well since the stock market crumbled in March, climbing 417%. Etsy stock has soared... Read more
