Cronos Group Q2 Revenue Decreases 8% Sequentially to $23.1 Million
FeaturedTrending Stories August 9, 2022 0
Cronos Group Reports 2022 Second Quarter Results Consolidated net revenue increased by 48% year-over-year to $23.1 million in Q2 2022 Israel net revenue increased by 212% year-over-year to $7.2 million in Q2 2022 Announced achievement of THCV equity milestone TORONTO, Aug. 09, 2022 (GLOBE NEWSWIRE) — Cronos Group Inc.... Read more
Hydrofarm Q2 Revenue Slips Sequentially 12% to $97.5 Million
FeaturedTrending Stories August 9, 2022 0
Hydrofarm Holdings Group Announces Second Quarter 2022 Results Company Reiterates Updated Full Year 2022 Outlook SHOEMAKERSVILLE, Pa., Aug. 09, 2022 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture... Read more
WM Technology Q2 Revenue Increases 1% Sequentially to $58.3 Million
FeaturedTrending Stories August 9, 2022 0
WM Technology, Inc. Reports Second Quarter 2022 Financial Results Second Quarter Revenue increased to $58.3 million representing growth of 24% year-over-year Co-Founder Douglas Francis appointed Executive Chair IRVINE, Calif., August 09, 2022–(BUSINESS WIRE)–WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading technology and software infrastructure provider... Read more
Wisconsin Governor Pardons Several for Cannabis Offenses
FeaturedTrending StoriesWisconsin August 8, 2022 0
Wisconsin Gov. Tony Evers issued another round of pardons last week, including 11 for individuals previously convicted of cannabis-related offenses. Clemency has been a defining part of Evers’ gubernatorial tenure. In May, Evers issued dozens to bring his total number of pardons to 498, with his office saying at... Read more
Biden: U.S. To ‘Pursue Every Possible Avenue’ To Bring Griner Home
FeaturedTrending Stories August 8, 2022 0
President Joe Biden has called on Moscow to release Brittney Griner and said the United States will continue to secure the freedom of the WNBA star, who was sentenced to nine years in prison by a Russian judge last week. “It’s unacceptable, and I call on Russia to release... Read more
Oregon Law Enforcement Seizes Illegal Cannabis Plants, Leaves Four Plants Behind
FeaturedOregonTrending Stories August 8, 2022 0
The Josephine Marijuana Enforcement Team (JMET) worked with Josephine County Code Enforcement to raid the grow on Aug. 4 in Selma, located in the southwestern region of Oregon. In addition to seizing over 140 plants, 200 pounds of illegal cannabis were also seized and destroyed. According to the Josephine... Read more
New Jersey Opens Public Comment Period for Proposed Cannabis Rule Amendments
FeaturedNew JerseyTrending Stories August 8, 2022 0
New Jersey residents have the opportunity to provide input on upcoming adult-use cannabis rule updates—input that officials say can have a real impact on the outcome of the final rules. Public comment on proposed updates to the rules for New Jersey’s adult-use cannabis marketplace is now open from the... Read more
Agrify Reschedules Second Quarter 2022 Results Conference Call BILLERICA, Mass., Aug. 08, 2022 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of advanced cultivation and extraction solutions for the cannabis industry, today announced certain preliminary financial results for the second quarter ended June... Read more
Curaleaf Q2 Revenue Increases 8% Sequentially to $338 Million
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Curaleaf Reports Second Quarter 2022 Results Second Quarter 2022 Revenue of $338 Million, an increase of 8% sequentially and YoY Second Quarter 2022 Adjusted EBITDA(1) of $86 Million, an increase of 18% sequentially and 2% YoY Generated $12 Million of Positive Operating Cash Flow for the First Half of... Read more
MariMed Q2 Revenue Increases 5% Sequentially to $33 Million and Company Lowers 2022 Outlook
FeaturedTrending Stories August 8, 2022 0
MariMed Reports Second Quarter 2022 Earnings NORWOOD, Mass., Aug. 08, 2022 (GLOBE NEWSWIRE) —MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the second quarter ended June 30, 2022. We executed... Read more