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Psychedelics, the Next Frontier in Drug Research
Ryan Allway February 28th, 2020 App, Exclusive, News, Top Story A big factor in the recent rise of cannabis legalization is the emergence of legitimate scientific research into the potential health benefits of the plant’s active ingredients, called cannabinoids. Medicines are often derived from naturally occurring compounds, from aspirin... Read more
Yield Growth to Enter Booming Market with Immunity-Boosting Mushroom Products
Vancouver, British Columbia–(Newsfile Corp. – February 27, 2020) – The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE:YG3) (“Yield Growth”) subsidiary Flourish Mushroom Labs is pleased to announce that the company has completed product development for Ayurvedic mushroom coffees and Ayurvedic mushroom botanical shots for smoothies. Flourish Mushroom Labs Ayurvedic mushroom coffee... Read more
CannaTrac Provides Cannabis Banking Access (with or without the SAFE Banking Act)
Ryan Allway February 19th, 2020 App, Exclusive, News, Top Story Many cannabis businesses struggle to access even basic banking services. While it’s possible to secure a bank account, it requires a massive amount of paperwork that has forced many small businesses to deal in cash only. Most banks and... Read more
Supreme Cannabis Announces Q2 2020 Financial Results and Updated Plan for Accelerated Revenue Growth
Ryan Allway February 13th, 2020 App, News, Top News Focuses business on accelerated, near-term revenue growth with enhanced, coast-to-coast sales partnership with humble+fume Enhanced cost structure and near-term revenue generating opportunities expected to drive profitable growth Reports 17% year-over-year net revenue growth and maintains a strong liquidity position with... Read more
Supreme Cannabis Focuses Organization and Reduces Cost Structure to Accelerate Profitable Growth
Ryan Allway February 11th, 2020 App, News, Top News Corporate positions decreased by approximately 33% and operational positions decreased by approximately 13% Total number of positions decreased by approximately 15% across the Company New structure focuses the business on accelerating revenue growth in the Canadian market TORONTO, February 11,... Read more
The Future of Cannabis Retail Is Here
Robin Lefferts February 11th, 2020 App, Exclusive, Top Story Cannabis has been grown and sold illicitly for generations in California. But legal sales of cannabis through retail stores is still relatively new. With black- and gray-market sellers as precursors, most cannabis dispensaries today don’t stray far from the old-school... Read more
General Cannabis’ SevenFive Farms Acquisition Provides In-Roads to Colorado
Ryan Allway February 7th, 2020 App, Exclusive, News, Top News Colorado cannabis sales hit $1 billion in total cannabis-related revenue in 2019, becoming the first state in the country to hit that milestone five years after legalization. In addition, Colorado has the highest per-person spending on cannabis at $280... Read more
Why ‘Second-Mover Advantage’ is Key to Cannabis 3.0
Ryan Allway January 23rd, 2020 App, Exclusive, Top Story Legal cannabis has become one of the fastest growing industries in history. In less than a decade, it has grown from zero to upwards of $15 billion in global sales, driven by the liberalization of laws around the world. These... Read more
CannaTrac Aims to Become the Go-To Payment Solution for Cannabis
Ryan Allway January 23rd, 2020 App, Exclusive, News, Top News The legal cannabis industry is projected to grow from $12.4 billion in 2019 to $23 billion by 2025, according to New Frontier Data, driven by the liberalization of medical and adult-use laws around the country. While federal regulations have... Read more
Supreme Cannabis 2020, A Simple Approach On The Path To Profitability
Ryan Allway January 22nd, 2020 App, Exclusive, News, Top Story Many expect 2020 to go down as the shakeout year for the Canadian cannabis industry; the year where winners will make their way to the top and companies with weak fundamentals will be ruled out. Of the potential winners, The... Read more
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