The Parent Company Reports Third Quarter 2022 Financial Results Gross margin improved to 34%, compared to 26% in Q3 2021 Sales from 1st party brands increase to 32% up from 26% in Q1 2021 Implemented operations optimization initiatives to realize approximately $13.6 million in annualized savings Completes acquisition of Coastal following quarter-end... Read more
With Republicans projected to win a majority of the House of Representatives after last week’s midterm elections, Sen. Cory Booker (D-NJ) says Democrats who want to enact marijuana reform must either do it “now” during the lame duck session or wait until “many years from now” when his party... Read more
House Democrats and Republicans have co-published a joint memo ahead of a congressional subcommittee meeting on marijuana on Tuesday, laying out key background details on the issue that will likely inform the conversation at the meeting. The House Oversight Subcommittee on Civil Rights and Civil Liberties announced the meeting—titled... Read more
The governor of Colorado says he’s “excited” about the state’s historic vote last week to legalize psychedelics and create psilocybin healing centers, calling it a “promising” treatment option for certain mental health conditions. During an appearance on HBO’s “Real Time with Bill Maher” on Friday, Gov. Jared Polis (D)... Read more
A clinical trial was recently launched by the Cannabis Research Institute of South Africa (CRI), in partnership with Releaf Cannabis E-Clinics, with the goal of observing how medical cannabis can help treat opioid addiction. The duration of the trial will last for one year as it examines how cannabis... Read more
Evidently, so many cannabis users have embraced this strategy before their dental appointments that the American Dental Association (ADA) is speaking out, suggesting patients refrain from cannabis use before their visits. Additionally, a recent survey found that more than half of dentists (52%) reported patients arriving to appointments high... Read more
The Missouri Department of Health and Senior Services (DHSS) released proposed regulations to govern adult-use cannabis in the state on Thursday, only two days after voters approved a ballot measure to legalize recreational marijuana. Missouri voters ended the prohibition on cannabis with the adoption of Constitutional Amendment 3 on... Read more
A majority of the cannabis-related initiatives that were approved were located in Los Angeles and San Diego counties, green lighting the possibility of 70 additional cannabis retail licenses. In California, Los Angeles leads as the most populated county, followed by San Diego County, Orange County, Riverside County, and San... Read more
Within mere days after the Missouri voters approved Amendment 3 to legalize adult-use cannabis, an ambitious entertainment district project is unfolding. Gladstone, Missouri-based Besa Hospitality Group announced on Nov. 9 a new “cannabis entertainment district” to open along the Missouri River, serving people who live in the Kansas City... Read more
Zynerba Pharmaceuticals Reports Third Quarter 2022 Financial Results and Operational Highlights
Ryan Allway November 14th, 2022 News, Top News Enrollment continues in RECONNECT, a confirmatory pivotal Phase 3 trial of Zygel™ in patients with Fragile X syndrome (FXS); topline results expected second-half 2023 $55.9 million in cash and cash equivalents at September 30, 2022; Cash runway into first quarter 2024... Read more
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