Cronos Group Reports 2022 Third Quarter Results Reported consolidated net revenue increased 3% year-over-year to $20.9 million; on a constant currency basis, consolidated net revenue increased 7% year-over-year to $21.8 million Reported net revenue in Israel increased 88% year-over-year to $7.0 million; on a constant currency basis, net revenue... 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, We... Read more
Entertainment mogul Sean “Diddy” Combs announced on Friday that he is launching what is billed as the world’s largest Black-owned cannabis brand with the $185 million purchase of existing licensed marijuana operations in three states. Combs is purchasing the business operations from Cresco Labs and Columbia Care, two multistate... Read more
Sen. John Hickenlooper on Thursday introduced a bill that would set up the regulatory framework in the event that the federal government legalizes marijuana. Hickenlooper, a Democrat from Colorado, said the Preparing Regulators Effectively for a Post-Prohibition Adult Use Regulated Environment (PREPARE) Act would help the government ready itself... Read more
Cresco Labs & Columbia Care Announce Planned Divestiture in Three Markets to Sean “Diddy” Combs, Creating the First Minority-Owned, Vertically Integrated Multi-State Cannabis Operator Combs’ Proposed Acquisition Will Create the Largest Black Owned Cannabis Company in The World and Affirms His Commitment to Economic Inclusion of Underrepresented Groups in... Read more
A major British railway station was evacuated earlier this week amid reports of a suspicious package. The item that set off the panic? A weed grinder. OK, it wasn’t just any grinder, but one that was “in the shape of a grenade,” according to BBC. The evacuation occurred on... Read more
Extracting cannabinoids from smoke is now a reality, using a patented extraction method, activating compounds at levels only achieved via smoking. Why? Imagine edibles made with an oil that provides more of the impact you normally only get from smoking. Boston, Massachusetts-based Real Isolates announced on October 24 that... Read more
The group behind a 2020 medical marijuana proposal in South Dakota is accusing several officials of engaging in illegal campaigning against pro-cannabis measures in the state. New Approach South Dakota said on Tuesday that it has filed information requests in an effort to find out whether the officials violated... Read more
A new legislative report delivered to Maryland lawmakers this week projects that the nationwide market for legal cannabis could climb to $72 billion per year by 2030, more than double the current market estimation of $32 billion annually. But the report also shows that some states that have legalized... Read more
High Times will bring together buds, business, and bowling at this year’s Biz Bash 4.0, an official after-party for MJBizCon to be held at the Brooklyn Bowl in Las Vegas later this month. With a special performance by Redman & Method Man, this year’s event promises a night of... Read more
