4Front Ventures Reports Second Quarter 2022 Financial Results Q2 2022 Systemwide Pro Forma Revenue of $34.5 million, an increase of 6% from Q1 2022 Q2 2022 Adjusted EBITDA of $9.2 million, an increase of 2% from Q1 2022 Conference call to be held today, August 15, 2022 at 5:00 p.m. ET PHOENIX, Ariz., Aug. 15,... Read more
Greenlane Reports Q2 2022 Revenue of $39.9 Million, Up 15% Year-over-Year Company Announces Strategic Decision to Sell Packaging Business, Make Final Transition to a Consumer House of Brands BOCA RATON, FL / ACCESSWIRE / August 16, 2022 / Greenlane Holdings, Inc. (“Greenlane” or the “Company”) (NASDAQ:GNLN), one of the... Read more
Verano Announces Second Quarter 2022 Financial Results CHICAGO, Aug. 16, 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 second quarter ended June 30, 2022 (“Q2 2022″), which were prepared in... Read more
A paper written by the Cannabis Regulators of Color Coalition (CRCC) was published by the Ohio State University Moritz College of Law on Aug. 12. The paper, entitled “Not a SAFE Bet: Equitable Access to Cannabis Banking, An Analysis of the SAFE Banking Act,” analyzes the Safe and Fair Enforcement... Read more
urban-gro, Inc. Reports Second Quarter 2022 Financial Results Second quarter revenue of $16.3 million, representing growth of 27% compared to the prior year period Second quarter net loss of $(1.7) million Second quarter Adjusted EBITDA1 of $(0.5) million Strong balance sheet with $22.8 million in cash and no debt Project... Read more
Planet 13 Announces Q2 2022 Financial Results Q2 2022 revenue of $28.4 million, up 10.6% compared to Q1 2022 Q2 2022 net loss of $2.0 million, compared to net loss of $2.1 million in Q1 2022 Q2 2022 Adjusted EBITDA of $3.0 million All results are reported in United States... Read more
The Parent Company Reports Second Quarter 2022 Financial Results Reports net sales of $27.4 million as the Company focuses on higher quality revenue streams Increases omni-channel retail revenue 60% from prior year to $19 million, or 69% of net sales in the quarter Sales of Company-owned brands increased to an average of... Read more
iAnthus Reports Second Quarter 2022 Financial Results NEW YORK and TORONTO, Aug. 15, 2022 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCPK: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, today reported its financial results for the three and six months ended June 30, 2022.... Read more
The psychedelic renaissance is upon us, with myriad research showing how substances like psilocybin, LSD, and more aid in mental health conditions like treatment-resistant depression and PTSD. More and more, the curiosity around psychedelics is increasing, with individuals seeing the potential of these mind-bending medicines to overcome perceived limits... Read more
Regulators in Alabama last week signed off on rules for the state’s new medical cannabis law. The Montgomery Advertiser reported that the Alabama Medical Cannabis Commission approved 171 pages worth of rules, which pertain to licensing and regulation of the industry. The approval of the rules came “after months... Read more
