Canada’s Liberal Party government launched a review of the country’s legalization of cannabis on Thursday, four years after the country became the world’s second to legalize marijuana for adults. Canada legalized marijuana with the passage of the Cannabis Act in 2018, five years after Uruguay became the first country... Read more
The U.S. House Judiciary Committee on Wednesday advanced two pieces of legislation aimed at providing relief to individuals with marijuana convictions on their records. NORML reported that the Democratic-led committee “voted in a bipartisan manner to advance the Clean Slate Act and the Fresh Start Act,” both of which... Read more
Superette Announces Court-approved Sale And Investment Solicitation Process TORONTO, Sept. 9, 2022 /CNW/ – Superette Inc., together with its subsidiaries, Superette Ontario Inc., 2659198 Ontario Inc., 2662133 Ontario Inc., 2662134 Ontario Inc., and 2662135 Ontario Inc. (collectively, “Superette”), announce that on September 9, 2022, the Ontario Superior Court of... 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, This... Read more
Fire & Flower Announces Second Quarter Fiscal 2022 Financial and Operational Results Second Quarter Fiscal 2022 and Recent Highlights: Consolidated revenue for the second quarter of 2022 of $40.7 million, consistent with the previous quarter despite a reduction of nine retail stores during the current quarter, and a decrease... Read more
High Tide Reports Third Quarter 2022 Financial Results Featuring a 98% Increase in Revenue and Tenth Straight Quarter of Positive Adjusted EBITDA This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated December 3, 2021, to its short form base shelf prospectus... 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, Florida,... Read more
High Tide Closes $19 Million Non-Dilutive Credit Facility with connectFirst Credit Union This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated December 3, 2021, to its short form base shelf prospectus dated April 22, 2021 CALGARY, AB, Sept. 19, 2022 /PRNewswire/... Read more
Red White & Bloom Announces Restructuring of Over CDN $110 Million of Debentures and Management Changes Appointment of Colby De Zen as President and Director of Red White & Bloom Brands Inc. effective immediately; Gabriel Bianchi to Join the Board of Directors upon completion of regulatory requirements; An Aggregate... Read more
Aurora Cannabis Announces Fiscal 2022 Fourth Quarter and Full Year Results Remains #1 Canadian LP in High Margin Global Medical Cannabis Revenues; International Medical Cannabis Net Revenue Increased 35.4% from Q4 2021 and 70.3% from Fiscal 2021 Reiterates Adjusted EBITDA Profitability Run Rate by December 31, 2022 Reaffirms $150 to $170 Million in Annualized... Read more
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