Jushi Holdings Inc. Reports Second Quarter 2022 Financial Results and Announces Non-Reliance on Previously Issued First Quarter 2022 Financial Statements Second Quarter 2022 Revenue Growth of 52.4% YoY and 17.6% QoQ to $72.8 million Completed NuLeaf Acquisition and Expanded Vertically Integrated Footprint in Nevada Established Fifth Vertically Integrated State-Level... Read more
Cansortium Reports Second Quarter 2022 Financial Results Q2 Revenue up 14% QoQ and 36% YoY to a Record $22.4 Million Q2 Adjusted EBITDA up 64% QoQ and 95% YoY to a Record $10.2 Million, with $4.3 Million ofCash from Operations Reaffirms 2022 Guidance of $90-$95 Million of Revenue and... 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
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. August was an extremely heavy month for reporting. Tracker Rules This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date.... Read more
San Diego’s proposal to establish a social equity program would present eligibility criteria that would help participants find locations, get financing, and get critical mentorship from existing members of the cannabis industry. It would create a revolving loan fund that would begin with $5 million in city cannabis tax... Read more
Green Sentry Holdings Completes Acquisition of MedMen’s Florida MMTC License and Assets Closes on $63 million (plus the assumption of lease liabilities in Florida) purchase of MedMen’s Florida assets, including MMTC license, 14 Premium Retail Dispensaries, 30,000 square foot Cultivation Facility, inventory and other assets FORT LAUDERDALE, Fla., Aug.... Read more
StateHouse Holdings Inc. Reports Second Quarter 2022 Financial Results and Provides Additional Business Updates Company expects to be EBITDA positive in 2023 SAN DIEGO and TORONTO, Aug. 25, 2022 /PRNewswire/ – StateHouse Holdings Inc. (“StateHouse” or the “Company”) (CSE: STHZ) (OTCQX: STHZF), a California-focused, vertically integrated cannabis enterprise, today announced its financial results for the... Read more
Seasoned pro wrestler and NWO co-founder Kevin Nash is going full throttle into the cannabis industry by launching his own strain, with the expertise of the cultivators behind HYMAN Cannabis. Nash’s new strain and collaboration was first announced at the GCW Notorious show, E Wrestling News and Wrestling Headlines... Read more
A new study published in the journal Addiction on Aug. 24 analyzed cannabis consumption data across the nation, with a specific focus on adult identical twins. Called “Impacts of recreational cannabis legalization on cannabis use: a longitudinal discordant twin study,” the study used twins to explore the frequency of... Read more
Circa-Millions of Years Ago Talk about a long growing season, Cannabis has been growing wild on our planet provenly, for millions of years and cultivated for perhaps many thousands. Cannabis sativa belongs to a narrow group of flowering plants (cannabaceae) to include Hops and a handful of others. Originating... Read more
