It doesn’t feature any supersonic jets or red carpets and Tom Cruise is nowhere to be found. Despite this, a new film, The Doctor has been racking up accolades on the international film festival circuit. That said, if there was a person in the European cannabis industry who has... Read more
A bill in North Carolina would ensure that hemp and CBD remain legal in the state beyond this month. Members of the state Senate approved the legislation on Tuesday, which would permanently remove hemp from North Carolina’s list of controlled substances. According to local television station WGHP, the bill... Read more
British Columbia will decriminalize personal possession of small amounts of drugs for three years in an attempt to address the province’s crisis of overdose deaths. The Canadian federal government announced on Wednesday that it had approved a request from provincial officials to enact the plan, which will decriminalize possession... Read more
Over-Allotment Option Exercised in Full Strengthened Balance Sheet Eliminates Need to Access the ATM Facility in the Near Future EDMONTON, AB, June 1, 2022 /PRNewswire/ – Aurora Cannabis Inc. (“Aurora” or the “Company”) (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, has announced today the closing of its previously announced bought deal offering of... Read more
Targeting 500bp gross margin improvements at both the wholesale and retail levels OAKLAND, Calif. and TORONTO, May 31, 2022 /CNW/ – Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically integrated cannabis enterprise, today provided details of the integration of its operations with those of the three... Read more
– Q1 Revenue up 30% YoY to a Record $19.7 Million; Preliminary April Revenue of $7.5 Million – – Q1 Adjusted EBITDA up 42% YoY to a Record $6.2 million – – Cansortium Reaffirms 2022 Guidance of $90-$95 Million of Revenue and $25-$28 Million of Adjusted EBITDA – MIAMI,... Read more
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. Tracker Rules This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date. Companies must file with the SEC or... Read more
Generation Z has been shaped by a variety of dynamics that have dominated their young lives: technology and social media, social justice movements and, according to fresh research, abundant access to cannabis. That is perhaps the chief takeaway from a study conducted by New Frontier Data, a firm that... Read more
The Peruvian Ministry of Health (MINSA) has decided to do something radical. Namely, obtain public comments on their next version of pending cannabis legislation before they actually pass it. This legislation amends the law passed last year which allows patient groups or collectives in Peru to legally grow their... Read more
An Illinois judge last week lifted an injunction that barred the state from issuing licenses for recreational pot retailers after a delay that claimed the better part of a year. The ruling from Cook County Circuit Judge Michael Mullen potentially clears the way for state regulators to issue 185... Read more
