Grown Rogue Reports Fiscal 2022 Results, Revenue Growth of 89% and Positive Free Cash Flow
Ryan Allway March 1st, 2023 News, Top News Revenue of $17.8M compared to $9.4M in 2021, an increase of 89% Operating Cash Flow (OCF), before changes in working capital (WC), of $3.2M compared to $1.9M in 2021, an increase of 68% Free Cash Flow1 (FCF) of $0.9M, after a $1.2M increase in WC and $1.1M in capital expenditures The Company anticipates an increase... Read more
Heritage Cannabis Reports Q4 2022 and Year-End Financial Results, Achieving Continued Growth in Top-Line Revenue and Gross Margin for the Quarter, and Year-Over-Year Revenue Growth of 125%
Ryan Allway February 28th, 2023 News, Top News TORONTO, February 28, 2023–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company“), today announced its financial results as at and for the three- and twelve-month periods ended October 31, 2022. All figures are in Canadian dollars unless otherwise noted.... Read more
AYURCANN Reports Q2 2023 Financial Results Featuring a 37% Increase In Year-Over-Year Gross Revenue
Ryan Allway February 27th, 2023 News, Top News Toronto, Ontario, Feb. 27, 2023 (GLOBE NEWSWIRE) — Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) (“Ayurcann” or the “Company”), a leading Canadian cannabis extraction company specializing in the processing and co-manufacturing of pharma grade cannabis and hemp to produce various derivative cannabis 2.0... Read more
Silo Wellness Converts Another $149K in Debt to Equity for Improved Financial Position; Announces Annual Filings Delay
Ryan Allway February 27th, 2023 News, Top News Springfield, Oregon–(Newsfile Corp. – February 27, 2023) – Silo Wellness Inc. (CSE: SILO) (OTCQB: SILFF) (FSE: 3K7A), announced that it has reached an agreement with an arm’s length creditor to convert CAD$149,235.91 of accounts payable (“AP”) debt for common shares at a conversion... Read more
Humble & Fume Inc. Announces Financial Results for Second Quarter Fiscal 2023
Ryan Allway February 23rd, 2023 News, Top News New Leadership Team is Focused on Accelerating Growth and Margin Enhancement Highlights include: A new leadership team has been introduced with a focus on the following: Q2 saw a decrease in operating expenses of $2 million or 30% year over year and $3.5 million or... Read more
Israel-Based Clearmind Medicine Files Patent Applications for Three Unique Combinations of Future Psychedelic-Based Compounds
Ryan Allway February 22nd, 2023 Psychedelics, Top News The company submitted three provisional patent applications with the United States Patent and Trademark Office to protect the novel combination compounds with SciSparc’s PEA Tel Aviv, Israel / Vancouver, Canada, Feb. 22, 2023 (GLOBE NEWSWIRE) —  Clearmind Medicine Inc. (NASDAQ: CMND) (CSE:... Read more
22nd Century Group (XXII) Accelerates Major Growing Program to Enable Implementation of New Zealand’s Reduced-Nicotine Content Tobacco Law
Ryan Allway February 22nd, 2023 News, Top News Seeding Program Will Produce Tobacco for Up To 2 Billion Sticks – The Entire Annual Cigarette Consumption of New Zealand – To Make Reduced Nicotine Content Cigarettes Readily Available at National Scale VLN® Poised to Serve as the Foundational Cigarette for Reduced Nicotine... Read more
Grown Rogue Increases Oregon Sungrown Capacity
Ryan Allway February 21st, 2023 News, Top News MEDFORD, Ore., Feb. 21, 2023 /CNW/ – Grown Rogue International Inc. (“Grown Rogue” or the “Company”) (CSE: GRIN) (OTC: GRUSF), a craft cannabis company operating in Oregon and Michigan, has announced the expansion of their Oregon craft sungrown capacity with a lease option (“Lease Option”) on a 35... Read more
REPEAT – Irwin Naturals Closes Acquisition of Leading Kentucky Clinic adding $3 Million in Projected EBITDA, Company delivering on ambitious strategy to build largest global network of mental health clinics
Ryan Allway February 21st, 2023 Psychedelics, Top News LOS ANGELES, Feb. 21, 2023 (GLOBE NEWSWIRE) — Irwin Naturals Inc. (CSE: IWIN) (OTC: IWINF) (FRA: 97X) (“Irwin” or the “Company”) is pleased to announce the Company has successfully completed the acquisition of Serenity Health, LLC, (“Serenity”) one of the leading ketamine clinics in... Read more
Flora Growth Begins Product Sales in Juan Valdez, Colombia’s Largest Coffeehouse Chain
Ryan Allway February 21st, 2023 News, Top News – Procafecol S.A., the parent company of Juan Valdez, one of the most well-known Colombian coffee brands, signed an agreement with Flora to supply Juan Valdez coffee shops with Flora’s consumer goods products. – The agreement allows Flora to distribute into 313 stores,... Read more
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