Flora Growth Establishes On-the-Ground Presence in UK and EU
Ryan Allway May 12th, 2022 News, Top News Flora wellness brand, JustCBD has opened a new office in London to service the United Kingdom and EU distribution of Flora’s branded portfolio products Flora will expand its footprint in the European market through a brick-and-mortar JustCBD outpost in Prague and... Read more
BioHarvest Sciences Unveils Profile of Unique Cannabis Composition
Ryan Allway May 12th, 2022 News, Top News Full spectrum profile to include major and minor Cannabinoids as well as Terpenes Unique trichome structure provides for potentially higher solubility and bio-availability With Trichomes representing 93% of the Cannabis biomass produced using the proprietary Bio-Plant CELLicitation™ technology, taste bitterness is... Read more
MJ Harvest, Inc. Announces a Letter of Intent to Merge with Cannabis Sativa Inc.
Ryan Allway May 11th, 2022 News, Top News LAS VEGAS, NV / ACCESSWIRE / May 11, 2022 / MJ Harvest, Inc. (“MJHI”) (OTCQB:MJHI) announced that it has signed a Letter of Intent (“LOI”) to merge with and into Cannabis Sativa, Inc. The LOI provides for MJHI shareholders to receive 2.7... Read more
Heritage Cannabis Reports 2021 Year-End Financial Results
Ryan Allway May 11th, 2022 News, Top News TORONTO, May 11, 2022–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company“), today announced its financial results as at and for the twelve months ended October 31, 2021 (“FY 2021“). All figures are in Canadian dollars unless otherwise noted.... Read more
MariMed Reports First Quarter 2022 Earnings
Ryan Allway May 10th, 2022 News, Top News Revenue Grew 27% Year Over YearNon-GAAP Adjusted EBITDA Grew 29% Year Over YearCompany Maintains Full Year 2022 Guidance NORWOOD, Mass., May 10, 2022 (GLOBE NEWSWIRE) — MariMed, Inc. (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator focused on... Read more
Flora Growth Reports Fiscal Year End 2021 Results
FORT LAUDERDALE, Fla. & TORONTO–(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today reported its financial and operating results for the fiscal year ended December 31, 2021. All financial information is provided in U.S.... Read more
Village Farms International Reports First Quarter 2022 Financial Results
Ryan Allway May 10th, 2022 News, Top News Consolidated Revenue Increased 34% Year-Over-Year to $70.2 Million; Net Loss of $6.5 Million Primarily Due to Inflationary Pressures on Produce Business Canadian Cannabis Business Contributes Record 14th Consecutive Quarter of Positive Adjusted EBITDA Pure Sunfarms Remains Top-Selling Dried Flower Brand in Ontario, Alberta and British Columbia Integrations of Balanced Health Botanicals... Read more
AFC Gamma, Inc. Announces Financial Results for First Quarter 2022
Ryan Allway May 10th, 2022 News, Top News WEST PALM BEACH, Fla., May 10, 2022 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFCG” or “AFC Gamma”) today announced its results for the first quarter of 2022. First Quarter 2022 Highlights Net income of $10.2 million in Q1 2022, or... Read more
FSD Pharma Closes CAD$16.4 Million Sale of Non-Core Assets
Ryan Allway May 10th, 2022 Psychedelics, Top News Nets CAD$15,480,780 cash in non-dilutive capital Current cash position of approximately CAD$50 million or approximately CAD $1.30 per share with only 38.4 million shares issued Profit realized on the sale of the non-core asset which was acquired by FSD Pharma in... Read more
Curaleaf Reports First Quarter 2022 Results
Ryan Allway May 9th, 2022 News, Top News First Quarter 2022 Revenue of $313 Million, up 20% YoY First Quarter 2022 Adjusted EBITDA(1) of $73 Million, up 16% YoY First Quarter 2022 Cash Flow from Operations of $57.4 Million or 18% of Revenue WAKEFIELD, Mass., May 9, 2022 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or... Read more
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