Schwazze Announces Third Quarter Results Record Quarterly Revenue and Adjusted EBITDA Revenue Increased 36% to $43.2 Million Compared to $31.8 Million in Q3 2021 Nine Month Revenue Increased 46% to $119.2 Million Compared to $81.9 Million Adjusted EBITDA of $15.9 Million, 36.7% of Revenue Nine Month Adjusted EBITDA of... Read more
This effort was passed with the help of Ground Game Texas, a local advocacy group that targeted those five cities specifically for the ballot. The organization has also been involved in other campaigns in Austin, El Paso, and San Antonio. “Big night for Ground Game! All five of our... Read more
Los Angeles County voters in California approved Measure C on Tuesday, which will impose a tax structure on businesses in unincorporated areas of the county once they receive permits, Los Angeles Daily News reports. At the time of writing, nearly 60% of the votes were in favor of Measure... Read more
The National Park Service is asking visitors to its facilities to refrain from licking toads, cautioning them that the practice can make a person sick. The warning included a night vision photograph of a toad with glowing eyes and the declaration, “ALL GLORY TO THE HYPNOTOAD!!!,” a reference to... Read more
The Canadian cannabis company Tilray Brands announced on Tuesday that it is expanding its beverage portfolio with the acquisition of popular New York-based craft brewer, Montauk Brewing. “Tilray Brands continues to strengthen our U.S. footprint and operations through investments in and growing our portfolio of leading lifestyle CPG brands... Read more
Voters approved Question 4, also called the Marijuana Legalization Amendment, in Maryland on Nov. 8. The passage of this initiative amends the Maryland Constitution with Article XX which allows cannabis possession and consumption for adults 21 and older, starting on or after July 1, 2023. The amendment also instructs... Read more
Voters Tuesday rejected Issue 4, a measure that would have legalized adult-use cannabis, to the dismay of Arkansas cannabis advocates who worked hard to push the bill forward. Led by Responsible Growth Arkansas, advocates promoted the approval of an amendment to the Arkansas Constitution which would have authorized the... Read more
Voters Tuesday rejected Statutory Measure 2, which would have created a new chapter of the North Dakota Century Code legalizing the production, processing, and sale of cannabis. It would have also legalized the possession and use of various forms of cannabis by anyone 21 years of age or older.... Read more
Residents of The Show Me State approved Amendment 3 to legalize recreational cannabis on Nov. 8. The Missouri Constitution will now be amended to allow for cannabis sales, possession, consumption, delivery, and manufacturing. Additionally, it automatically allows anyone convicted of a non-violent cannabis crime or offense to be release... Read more
Village Farms International Reports Third Quarter 2022 Financial Results Village Farms’ Canadian Cannabis Business Becomes #3 Producer in Canada Across All Product Categories for Third Quarter and #1 in October1 Canadian Cannabis Retail Branded Sales Increased 46% Year-Over-Year and 26% Sequentially Quebec Business, Rose LifeScience, Becomes #2 LP in Quebec in October2 Canadian Cannabis Launches Soar, Its Third... Read more
