InterCure Announces Record Third Quarter Financial Results with 3 Times YoY Revenue Growth and 36% QoQ Growth Seventh consecutive quarter of high double-digit, sequential revenue growth Annualized revenues run rate of $100 million Adjusted EBITDA¹ run rate of $23 million $85 million in cash Revenue growth expected to continue... Read more
Today is Veterans Day—a powerful, annual observation of those who are serving, or have served, in any branch of the United States Armed Forces. Originally named “Armistice Day” to note the first anniversary of the end of World War I, it wasn’t until 1954 that President Dwight D. Eisenhower... Read more
The top cannabis official in Maine sounded the alarm this week on illicit conduct tied to the state’s medical marijuana industry and illegal cannabis. Erik Gundersen, director of the Maine Office of Marijuana Policy, made the comments to the Maine Legislature’s Marijuana Advisory Commission, which held a meeting on... Read more
Tubi recently announced its first-ever star-studded original animated series, The Freak Brothers, based on the cult classic underground comic series that documented counterculture lifestyle since the ’60s. The first two episodes are set to debut on Tubi this weekend on Sunday, November 14. Tubi shared an uncensored version of... Read more
Ayr Wellness Adds US$150 Million to Balance Sheet with Sale of Additional Senior Secured Notes MIAMI, Nov. 12, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a vertically-integrated cannabis multi-state operator (MSO), today announced the addition of approximately US$150 million to its... Read more
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary No one was talking about the biggest story of the week: massive inflows into a cannabis ETF. Michigan adult-use sales set a record in October. Health... Read more
Highlighting the death of a state trooper who was killed by a motorist who had THC detected in their blood, Massachusetts Governor Charlie Baker is renewing his effort to combat stoned driving. Baker, a Republican serving his second term as governor of the Commonwealth, announced Wednesday that his administration... Read more
Decrying “over a century of failed and racist cannabis policies,” Elizabeth Warren and a pair of other Democratic senators are urging President Joe Biden to use his executive authority to “pardon all individuals convicted of nonviolent cannabis offenses, whether formerly or currently incarcerated.” Warren, the senior senator from Massachusetts,... Read more
Cannabis regulators in New Jersey announced this week that the state would begin accepting applications for marijuana business licenses next month, more than a year after voters in the state legalized recreational pot in the 2020 general election. At a meeting of the New Jersey Cannabis Regulatory Commission (CRC)... Read more
Hemp could be the building material that accelerates the sustainable industry. The year 2020 marked a devastating time period for myriad reasons. Among the pantheon of pain was the immense damage brought on by natural disasters. In early 2021, the National Oceanic and Atmospheric Administration (NOAA) released its billion-dollar... Read more
