Ryan Allway April 10th, 2023 News, Top Story The CBD industry could be worth more than $22 billion by 2030, according to Grand View Research, representing a blistering 16.8% compound annual growth rate. While many companies struggle to set themselves apart, one business recently made waves by partnering with... Read more
Software Effective Solutions “MEDCANA” (OTC: SFWJ) Provides Corporate Update for Shareholders
April 5, 2023
New Orleans, Louisiana | April 05, 2023 – McapMediaWire — Software Effective Solutions (OTC: SFWJ) (“The Company”, “SFWJ”) dba MedCana is a global holding company focused on acquiring and developing companies in the cannabis industry with initial focus in Central and South America. In late 2021, Software Effective Solutions Corp. dba MedCana acquired five... Read more
Ryan Allway April 3rd, 2023 News, Top News, Top Story Fiscal 2022 Highlights Revenue up 177% to $10.1M from $3.6M in Fiscal 2021 Gross margin of $4.1M or 41.1% before fair value adjustments. Decreased G&A expenses by $729k or 14% Increased total harvested dried biomass to 42,000 kg, from... Read more
Flora Growth Reports 2022 Year-End Financial Results: $37.2M in Revenue, 314% Growth Year-Over-Year
March 31, 2023
Ryan Allway March 31st, 2023 News, Top News, Top Story Flora generated $37.2 million in revenue in FY2022, a 314% increase YoY Record Q4 2022 revenue increased to $11.5 million, a 7% sequential increase from Q3 2022 Gross profit for FY2022 increased by 494%, from $2.4 million to $14.4... Read more
This first-of-its-kind formulation is the latest in Wana’s cannabinoid-powered “Optimals” line. BOULDER, Colo. (March 28, 2023) – A staggering 40 million Americans suffer from anxiety, with only 37% pursuing treatment. Of the 42% of Americans who use cannabis for medicinal purposes, approximately 41% report using it to address anxiety.... Read more
Ryan Allway March 23rd, 2023 News, Top Story The 2018 Farm Bill removed hemp from the definition of marijuana in the Controlled Substances Act, resulting in a massive uptake in hemp-derived CBD products. But the FDA’s lack of clear guidance kept many health and wellness giants out of the... Read more
Item 9 Labs Continues Dominating the Arizona Market With a 30% YOY Unit Sales Increase in February
March 22, 2023
Ryan Allway March 22nd, 2023 News, Top News, Top Story Award-winning cannabis brand maintains consistent unit sales growth; Affirms continued success with Spring 2023 Errl Cup podium finish for Dosi Whoa flower PHOENIX, March 22, 2023–(BUSINESS WIRE)–Item 9 Labs—an award-winning, premium cannabis brand from Item 9 Labs Corp. (OTCQX: INLB)—clipped a 30%... Read more
Ryan Allway March 22nd, 2023 News, Top Story CBD Supply MD, a Leading Maryland-Based CBD Retailer, to Introduce PBIO’s UltraShear Processed, Best-in-Class Nanoemulsified CBD Products Across the Multi-State Mid-Atlantic Region SOUTH EASTON, MA / ACCESSWIRE / March 22, 2023 / Pressure BioSciences, Inc. (OTCQB:PBIO) (“PBI” or the “Company”), a global... Read more
Ryan Allway March 16th, 2023 News, Top News, Top Story Provides Additional Capital to Fuel Expansion of Lifeist’s Cannabis and Nutraceuticals Businesses THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED... Read more
1606 Corp. Signs LOI to Acquire Nutraceutical Business
March 9, 2023
Ryan Allway March 9th, 2023 News, Top Story Fresh off its acquisition of Brio Nutrition earlier this week, 1606 Corp. (OTC: CBDW) signed a letter of intent to acquire 51% of Sanctum Herbal on Wednesday. The $7.2 million potential acquisition would provide investors with a unique nutraceutical product supporting... Read more
