Columbia Care Reports Record Fourth Quarter and Full Year 2021 Results; Issues 2022 Guidance Under U.S. GAAP Company Now Reporting in U.S. GAAP; Also Presenting Results This Quarter with Reference to 2021 IFRS Guidance Full Year 2021 U.S. GAAP Results Include Record Revenue of $460 Million and Record Adjusted... Read more
Aurora Cannabis Advances Premiumization Strategy by Acquiring Thrive Cannabis, and its Award-Winning Greybeard Brand, in a Margin Accretive Transaction Thrive’s highly experienced and trusted cannabis team in craft cultivation, product innovation, and operational execution will lead Aurora’s Canadian recreational business Expands Aurora’s brand offering with Greybeard, an award-winning, super-premium,... Read more
Cresco Labs to Become the New Leader in Cannabis with the Acquisition of Columbia Care Transformational deal will combine best-in-class wholesale, retail and operations with an expanded strategic footprint in the largest and fastest growing markets in cannabis CHICAGO, March 23, 2022–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or... Read more
Agrify Announces Record Fourth Quarter and Fiscal Year 2021 Results 2021 Revenue Increased 395% Year-Over-Year to $59.9 Million Fourth Quarter Revenue Increased 481% Year-Over-Year to $25.3 Million BILLERICA, Mass., March 23, 2022 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), the most innovative provider of advanced cultivation and extraction... Read more
Cresco Labs Announces Fourth Quarter & Full Year 2021 Results with Record Revenue, Adjusted EBITDA1 and Operating Cash Flow Company reports 73% year-over-year revenue growth and 219% adjusted EBITDA growth in 2021 CHICAGO-March 23, 2022-(BUSINESS WIRE)–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”),... Read more
Data and market intelligence company Headset released a report on March 15, entitled “Understanding 4/20 cannabis holiday & consumer purchasing trends,” which projects that 2022 will be one of the biggest holidays yet for cannabis sales. The data is collected by Headset’s own software, which examines real-time sales from... Read more
A decade after Colorado made history and legalized recreational cannabis, the state’s second largest city may be ready to get in on the action. For years, Colorado Springs has blocked adult-use cannabis sales within its jurisdiction. Last week, organizers of a campaign that seeks to end that prohibition officially... Read more
South Dakota Gov. Kristi Noem last week signed a number of bills dealing with the state’s fledgling medical cannabis program that voters approved at the ballot in 2020. Noem’s office said Friday that the first-term Republican had “signed six medical cannabis and hemp bills into law,” and that implementing... Read more
The Republic of Rwanda has quite a few interesting features. It is located just a few degrees south of the equator. Bordered by Uganda, Tanzania, Burundi, and the Democratic Republic of the Congo, it is a highly elevated piece of sovereign real estate, picturesquely located where the Great African... Read more
U.S. House Reps. Nancy Mace, a Republican from South Carolina, and Barbara Lee, a Democrat from California, introduced a resolution on Friday “instructing the United Nations to deschedule cannabis from Schedule 1 of the Single Convention on Narcotic Drugs of 1961, and treat cannabis as a commodity similar to... Read more
