Acreage Holdings Reports Second Quarter 2022 Financial Results Marked 6th consecutive quarter of positive Adjusted EBITDA* with sequential improvement of 20% quarter-over-quarter Continued solid revenue growth with a 39% increase year-over-year and an 8% increase quarter-over-quarter to $61.4 million for Q2 2022 NEW YORK, Aug. 08, 2022 (GLOBE NEWSWIRE)... 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, Earnings... Read more
Former NBA athlete Iman Shumpert, known for playing on teams such as the New York Knicks, Cleveland Cavaliers, Sacramento Kings, Houston Rockets, and Brooklyn Nets, and also the Dancing With the Stars Season 30 champion was arrested for cannabis possession last week while traveling. Shumpert was in possession of... Read more
A bill that would add protections to employees in California who consume cannabis off the clock is advancing and could head to the Senate floor shortly. The bill would disallow job discrimination from employers, in most cases, based on urine or hair tests that detect only inactive metabolites of... Read more
State officials in New Mexico announced this week that sales of regulated cannabis topped $40 million in July, setting a new record since legal sales of recreational pot began in the state earlier this year. The Cannabis Control Division of the Regulation and Licensing Department noted the figure tops... Read more
GrowGeneration Reports Second Quarter 2022 Financial Results DENVER, August 04, 2022–(BUSINESS WIRE)–GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), the largest chain of specialty hydroponic and organic garden centers with 62 locations across 14 states, today reported financial results for the second quarter ended June 30, 2022. Second Quarter... Read more
Continued progress of premiumization strategy and record quarter from BioSteel accelerating path to profitability SMITHS FALLS, ON, August 5, 2022 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the first quarter ended June 30, 2022. All financial... Read more
The California Senate took new strides in the effort to control the steep increase in drug overdose deaths this week with the passage of legislation to authorize safe consumption sites in the state. The measure, Senate Bill 57 from Democratic Senator Scott Wiener, was passed by the Senate on... Read more
A Russian court on Thursday found American basketball star Brittney Griner guilty of drug charges and sentenced her to nine years in prison, the culmination of a trial that has stirred tensions between Moscow and the United States. Griner, who has been detained since February, appeared in the courtroom... Read more
NFL star quarterback Aaron Rodgers revealed this week that he traveled to South America to take ayahuasca before being selected as the league’s most valuable player two seasons in a row, saying the potent psychedelic concoction changed his mindset and markedly improved his mental health. Rodgers made the revelations... Read more
