A long-running dispute between a slate of California cities and the state itself landed in trial Aug. 6, with a Superior Court judge seeming to underscore that state law will prevail over local rule. At issue: whether cannabis delivery services may operate in jurisdictions that have otherwise banned commercial... Read more
A long-running dispute between a slate of California cities and the state itself landed in trial Aug. 6, with a Superior Court judge seeming to underscore that state law will prevail over local rule. At issue: whether cannabis delivery services may operate in jurisdictions that have otherwise banned commercial... Read more
Two Canadian marijuana companies have made processing and distribution agreements with CBD businesses, including one in the U.S. WeedMD Inc., a producer and distributor of medical marijuana in Ontario, said Tuesday it signed a commercial arrangement to manufacture, package and ship Revity CBD, a product line from Canadian retailer... Read more
Vireo Health Completes Sale of Equity in Pennsylvania Medical Solutions to Jushi Holdings Inc. for Total Consideration of $37 Million Transaction secures Vireo’s financial future without dilutive impacts to shareholders Vireo to reinvest a portion of the proceeds to increase scale in key markets Completed transaction is significant step... Read more
Harvest Health & Recreation Inc. Reports Second Quarter 2020 Financial Results Second quarter revenue was $55.7 million, up 109% from the second quarter 2019 and 26% sequentially Second quarter adjusted EBITDA was $4.1 million compared to ($3.6) million in the first quarter of 2020 2020 Revenue target increased to... Read more
Acreage Holdings Reports Second Quarter 2020 Results NEW YORK, Aug. 11, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today reported financial results for the second quarter of 2020. SECOND QUARTER FINANCIAL HIGHLIGHTS (UNAUDITED) Second quarter reported revenue was $27.1 million, a 53%... Read more
For the past eighteen months, hemp stakeholders have been begging the federal government to regulate the hemp-derived cannabidiol (“Hemp CBD”) industry. As of date, the Food and Drug Administration (the “FDA”) has received over 4,000 comments from shareholders on the safety, manufacturing, product quality, marketing, labeling, and sale of Hemp CBD products. There is no doubt that a […]
Ryan Allway August 11th, 2020 NORWOOD, Mass., Aug. 11, 2020 (GLOBE NEWSWIRE) — MariMed Inc. (MRMD:OTCQX) (the “Company” or “MariMed”), a leading multi-state cannabis and hemp operator focused on health and wellness, today reported financial and operating results for the three and six months ended June 30, 2020. Second Quarter 2020... Read more
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, BC, Aug. 10, 2020 /CNW/ – Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) (the “Company“, “Hollister Cannabis Co.” or “Hollister“) a diversified cannabis branding company with products in over 230 dispensaries throughout California and over 80 dispensaries throughout Arizona, is... Read more
It is anticipated that Revity CBD will be available in Fire & Flower stores in the province of Saskatchewan starting on August 14, 2020. Fire & Flower has chosen to focus on this market because of its favorable supply chain that allows for private wholesale distribution through the Company’s wholly-owned distribution business,... Read more
