High Tide Reports Third Consecutive Quarter of Record Revenue and Adjusted EBITDA of $118.1 Million and $6.6 Million, Respectively
Ryan Allway June 14th, 2023 News, Top News, Top Story The Company Achieved Significant Sequential Improvement in Cost Reduction in Line With Its Goal to Achieve Positive Free Cash Flow by the End of This Calendar Year This news release constitutes a “designated news release” for the purposes of... Read more
CBD of Denver to Expand into German Cannabis Market and Provide Updates During Shareholder Call
Ryan Allway June 13th, 2023 News, Top News, Top Story Denver, Colorado–(Newsfile Corp. – June 13, 2023) – CBD of Denver (OTC Pink: CBDD) today announced that it intends to expand the scope of its CBD business in conjunction with letters of intent executed in March 2023 and will... Read more
PAX Expands Cannabis Portfolio with Launch of Brand’s First Edible Product
SAN FRANCISCO–(BUSINESS WIRE)–PAX, a leading global cannabis brand, today announced the expansion of its cannabis portfolio to include the brand’s first edible THC product. An established leader in the vaporization category for more than a decade, PAX’s entry into cannabis-infused gummies provides consumers with an extended set of offerings... Read more
THC Beverage Uncle Arnie’s Raises Strategic Funding Round
Ryan Allway June 13th, 2023 News, Top News, Top Story Investors include founding partners of Boston Beer Company and distinguished business leaders LOS ANGELES, CALIFORNIA, UNITED STATES, June 13, 2023/EINPresswire.com/ — Uncle Arnie’s, the top-selling cannabis-infused beverage brand in California, raised a strategic investment from two founding partners of Samuel... Read more
Verano to Introduce Best-in-Class Operations in Alabama Market after Winning Coveted Vertical License
Ryan Allway June 12th, 2023 News, Top News Organic Vertical License Win Will Expand Company’s National Footprint and Strengthen Strategic Presence in the Southeast The Alabama vertical license will allow Verano to operate a cultivation and processing facility and five retail cannabis dispensaries throughout the state The addition of Alabama, a state with... Read more
Endexx Announces 10K/A Audited Consolidated Fiscal 2022 Financial Results
Ryan Allway June 12th, 2023 News, Top News Endexx Year Over Year Annual Revenues Grew 229% CAVE CREEK, AZ, June 12, 2023 (GLOBE NEWSWIRE) — via NewMediaWire â€” Endexx® Corporation (OTC: EDXC), a provider of innovative plant-based wellness and nutritional products, today announced the filing of its amended, consolidated, audited fiscal... Read more
Sunderstorm Acquires Nevada’s Abide Brands
Ryan Allway June 8th, 2023 News, Top News The company’s first-ever acquisition adds a new category to its Nevada portfolio, signaling a new phase of growth and expansion LOS ANGELES, June 08, 2023 (GLOBE NEWSWIRE) — Sunderstorm, an award-winning company in the consumer cannabis space, has acquired Nevada-based Abide... Read more
TerrAscend Expands Retail Footprint in Maryland with Agreement to Acquire One of the Top Performing Dispensaries in the State
Ryan Allway June 8th, 2023 News, Top News US$22 million transaction, including minimal US$1.5 million cash component, expected to be immediately accretive on an EBITDA and cashflow basis 8,500 square foot dispensary located in close proximity to Delaware, with no other dispensaries within a 25-mile radius TORONTO, June 08,... Read more
Azuca Introduces Breakthrough Beverage Innovation: RTD ACTiVATOR®
Ryan Allway June 8th, 2023 News, Top News, Top Story Cannabis Drinks Manufacturers Now Have Access to Most Scalable and Stable Beverage Solution; TiME INFUSION® Outperforms “Nano” Again with RTD ACTiVATOR® NEW YORK (June 8, 2023)—Azuca, known for leading the advanced formulations category, delivering fast-acting and D9 effects, is revolutionizing the industry... Read more
Red White & Bloom and Aleafia Health Execute Binding Letter Agreement for Business Combination
Ryan Allway June 7th, 2023 News, Top News The Combined Company (as defined below) is expected to represent C$138 million in trailing distribution and retail revenue from the Canadian, United States and European cannabis end-markets and combined Gross Profit before fair value adjustments of $39 million.(1)(2)(3)(4) On a combined basis,... Read more
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