A clinical trial was recently launched by the Cannabis Research Institute of South Africa (CRI), in partnership with Releaf Cannabis E-Clinics, with the goal of observing how medical cannabis can help treat opioid addiction. The duration of the trial will last for one year as it examines how cannabis... Read more
Evidently, so many cannabis users have embraced this strategy before their dental appointments that the American Dental Association (ADA) is speaking out, suggesting patients refrain from cannabis use before their visits. Additionally, a recent survey found that more than half of dentists (52%) reported patients arriving to appointments high... Read more
The Missouri Department of Health and Senior Services (DHSS) released proposed regulations to govern adult-use cannabis in the state on Thursday, only two days after voters approved a ballot measure to legalize recreational marijuana. Missouri voters ended the prohibition on cannabis with the adoption of Constitutional Amendment 3 on... Read more
A majority of the cannabis-related initiatives that were approved were located in Los Angeles and San Diego counties, green lighting the possibility of 70 additional cannabis retail licenses. In California, Los Angeles leads as the most populated county, followed by San Diego County, Orange County, Riverside County, and San... Read more
Within mere days after the Missouri voters approved Amendment 3 to legalize adult-use cannabis, an ambitious entertainment district project is unfolding. Gladstone, Missouri-based Besa Hospitality Group announced on Nov. 9 a new “cannabis entertainment district” to open along the Missouri River, serving people who live in the Kansas City... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, An... Read more
Verano Announces Third Quarter 2022 Financial Results CHICAGO, November 14, 2022 (GLOBE NEWSWIRE) – Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the third quarter ended September 30, 2022 (“Q3 2022″), which were prepared in... Read more
SNDL Reports Third Quarter 2022 Financial and Operational Results with Record Net Revenue and Cash Flow from Operations CALGARY, AB, Nov. 14, 2022 /PRNewswire/ – SNDL Inc. (NASDAQ: SNDL) (“SNDL” or the “Company”) reported its financial and operational results for the third quarter ended September 30, 2022. All financial... Read more
AWH Announces Q3 2022 Financial Results Reported Record Quarterly Revenue and Adjusted EBITDA Since Company Inception Achieved $111.2M Net Revenue in Q3 2022, a 14.1% Increase Compared to Prior Quarter Achieved Adjusted EBITDA of $27.8M, Representing a 25.0% Margin and 354 Basis Point Margin Expansion Compared to Prior Quarter... Read more
Aurora Cannabis Announces Fiscal 2023 First Quarter Results Reiterates Reaching Adjusted EBITDA Profitability by December 31, 2022 Reaffirms $150 to $170 Million in Annualized Cost Savings Achieved by December 31, 2022; $140 Million Realized to Date Strengthens Balance Sheet Through Accretive Debt Reduction of Approximately US$160 Million in 2022; Strong Cash Position of Approximately $393 million Remains #1 Canadian LP... Read more
