Aphria Inc. Announces Record Adult-Use Cannabis Gross Revenue in First Quarter Fiscal Year 2021 and Sixth Consecutive Quarter of Positive Adjusted EBITDA Net Cannabis Revenue Increased 103% from Prior Year Quarter Adjusted EBITDA from Cannabis Business of $10.4 Million Increased 11% from Prior Quarter Cash Cost Per Gram Remained... Read more
CBD Retailer cbdMD Pre-Announces Fiscal Q4 Revenue at $11.5-11.7 Million
FeaturedTrending Stories October 14, 2020 0
cbdMD Reports Preliminary Fourth Quarter and Fiscal 2020 Results Year Over Year Net Sales Expected to Increase Between 76% and 77% Year Over Year Quarterly Net Sales Expected to Increase Between 21% and 23% Company Reaffirms Commitment To Reaching Positive Adjusted Operating Income In Calendar 2020 CHARLOTTE, N.C.–(BUSINESS WIRE)–cbdMD,... Read more
Trulieve Is Expanding Within and Beyond the Florida Medical Cannabis Market
ConnecticutFeaturedFloridaMassachusettsPennsylvaniaTrending Stories October 14, 2020 0
Exclusive Interview with Trulieve CEO Kim Rivers COVID-19 was just beginning to spread across the United States when Trulieve (CSE: TRUL) (OTCQX: TCNNF) CEO Kim Rivers last spoke with New Cannabis Ventures in March. Months later, the cannabis industry and the rest of the world is still navigating the... Read more
Valens Q3 Revenue Increases 2% Sequentially to $18.1 Million
FeaturedTrending Stories October 14, 2020 0
The Valens Company Reports Financial Results for the Third Quarter of Fiscal 2020 KELOWNA, BC, Oct. 14, 2020 /PRNewswire/ – The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company,” “The Valens Company” or “Valens”), a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products, is... Read more
Voters in New Zealand will vote on Saturday on a nationwide referendum that would legalize the use and possession of cannabis by those 20 years of age and older. If passed, the vote would make New Zealand only the third country worldwide to legalize cannabis at the national level,... Read more
Pennsylvania Governor Continues Push For Cannabis Legalization
FeaturedPennsylvaniaTrending Stories October 13, 2020 0
Legalizing marijuana could help Pennsylvania weather the economic turbulence brought on by the COVID-19 pandemic. That was the argument put forth on Tuesday by the state’s governor, Tom Wolf, who continued to urge Keystone State lawmakers to take up the issue. “This year, I again went to the General... Read more
Flower One Pre-Announces Q3 Revenue at $11.5 Million
FeaturedNevadaTrending Stories October 13, 2020 0
LAS VEGAS and TORONTO, Oct. 13, 2020 /CNW/ – Flower One Holdings Inc. (the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), a leading cannabis cultivator, producer and innovator in Nevada, today announced preliminary third quarter revenue of $11.5 million surpassing its Q3 2020 revenue guidance range of between $9.8 million and $10.8 million. The Company continues to expect its Q3... Read more
California Cannabis Operator Indus Holdings Pre-Announces Q3 Revenue Above $14 Million
CaliforniaFeaturedTrending Stories October 13, 2020 0
Indus Holdings, Inc. Pre-Announces Record Q3 2020 Revenues in Excess of $14 Million, ~15% EBITDA Margins, and Positive Operating Income SALINAS, Calif., Oct. 13, 2020 (GLOBE NEWSWIRE) — Indus Holdings, Inc. (“Indus” or the “Company”) (CSE:INDS; OTCQX: INDXF), a leading, vertically-integrated, California-focused cannabis company, announced preliminary unaudited revenue and... Read more
Michigan Governor Signs ‘Clean Slate’ Bills
FeaturedMichiganTrending Stories October 13, 2020 0
Michigan Gov. Gretchen Whitmer on Monday signed a package of bills designed to reform the state’s process for expunging past criminal convictions. The ‘Clean Slate’ bills, as the legislative package of six measures is known, was passed by Michigan lawmakers last month. “This is a historic day in Michigan.... Read more
France to Give Out Free Cannabis in 2021
FeaturedTrending Stories October 13, 2020 0
Yep, you read that right. And unless you’re French, I bet you’re really jealous right now. But it’s true; in 2021, the French government will begin a medical cannabis experiment that involves giving out free cannabis. Last week, the French government published a decree that announces the experiment, which... Read more