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South Korean Company Bringing Delivery Drones To Phoenix
Wednesday, August 4, 2021 - 11:09am | 727Drone delivery bulls took a hit after news of Amazon's (NASDAQ: AMZN) floundering U.K. drone operations broke on Tuesday, but plenty of smaller players are still working to bring drones to U.S. cities. The latest locale? Phoenix. South Korea-based Pablo Air announced Wednesday the expansion of its...
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Harvest Health Reports Q4 Revenue Of $69.9M, Success Of Rec Sales In Arizona
Wednesday, March 31, 2021 - 12:42pm | 377Vertically integrated cannabis company Harvest Health & Recreation Inc. (CSE:HARV) (OTCQX: HRVSF) revealed Tuesday afternoon its total revenue spiked 98%, reaching $231.5 million in 2020. Total revenue in the fourth quarter amounted to $69.9 million, representing a year-over-year increase of 85...
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Verano Purchases 'Local Joint' In Phoenix For $17M
Monday, March 22, 2021 - 10:51am | 448Verano Holdings Corp. (CSE:VRNO) is poised to acquire another dispensary in Arizona. The Chicago-based company announced Monday it’s purchasing Patient Alternative Relief Center Inc. in Phoenix — doing business as Local Joint — for $17 million. The move comes on the...
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Cannabis Regulatory Update: New York, Oregon, Arizona, Nebraska
Wednesday, March 17, 2021 - 12:28pm | 841Survey: Most New Yorkers Support Legal Weed But Not Near Their Home As marijuana legalization in New York continues to be on the fast track, with Gov. Andrew Cuomo expressing his support, an issue of cannabis retail locations arises. According to the Consensus Strategies' study, 52%...
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Fortnite Row Aftermath: Arizona House Passes Bill That Will Require Apple, Google To Let App Developers Chose Outside Payments Systems
Thursday, March 4, 2021 - 12:09am | 519The Arizona House of Representatives has voted to pass landmark legislation that will prevent operators of app stores from forcing app developers to use a particular in-app payment system as the exclusive mode of payment. The bill could have far-reaching consequences for app store operators such as...
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Verano Expands In Arizona, Secures $80M In Financing
Wednesday, February 24, 2021 - 6:40pm | 426Verano Holdings Corp. (CSE: VRNO) is expanding its footprint in Arizona. The Chicago-based cannabis company confirmed Wednesday it’s purchasing three dispensaries located in Mesa, Chandler and Gilbert. The deal also includes a Winslow-based cultivation and production facility, including...
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RWB's Platinum Vape Products To Launch In Arizona And, Later This Year, Illinois
Friday, February 19, 2021 - 10:05am | 357Platinum Vape products are poised to launch in Arizona. Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF), PV's parent company, confirmed Friday the receipt of regulatory approval for the brand's expansion in the Copper State. The initial offering will include Platinum's vape...
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Sol Flower To Launch Recreational Cannabis Sales In Arizona
Wednesday, January 27, 2021 - 1:40pm | 351Sol Flower is kicking off recreational cannabis sales in Arizona on Thursday, Jan. 28. The Phoenix-based dispensary brand received approval from the Arizona Department of Health Services to operate a recreational facility last week. Sol Flower will continue to serve medical marijuana...
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RWB Completes Cash Payments For $35M Platinum Vape Acquisition
Wednesday, January 13, 2021 - 1:38pm | 261Red White & Bloom Brands Inc. (CSE: RWB) (OTC: RWBYF) has wrapped up its purchase of Platinum Vape. The Toronto-based company made a final cash payment of $13 million to the sell-side of the $35 million deal. RWB said that the Platinum branded products' sales surpassed $2.8...
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Verano Merges With AltMed in Florida and Arizona
Wednesday, November 11, 2020 - 12:23pm | 412Verano Holdings LLC is merging with Alternative Medical Enterprises LLC, Plants of Ruskin LLC and other affiliated entities. The Chicago-based cannabis company opted to acquire combining operations with AltMed in Florida and Arizona. The new entity will operate under the Verano...
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Benzinga Cannabis Hour Recap: NJ, Arizona Markets Are Exciting, But Tightly Regulated — And Expensive
Friday, November 6, 2020 - 5:35pm | 643As expected, the Election Day results were top of mind on this week's edition of the Benzinga Cannabis Hour. After cannabis ballot initiatives passed in five states — New Jersey, Montana, South Dakota, Mississippi and Arizona — Benzinga...
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GTI, Curaleaf Execs Discuss What The Election Means For The Cannabis Industry
Thursday, November 5, 2020 - 11:31am | 647Despite the veil of uncertainty surrounding the U.S. Presidential election, the cannabis industry remains upbeat with the votes it received in five key states. "People have spoken on cannabis" by taking a "green way last night," Dina Rollman, SVP Government and Regulations...
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Ayr Strategies Makes An Arizona Play On Heels Of Adult-Use Vote
Wednesday, November 4, 2020 - 12:35pm | 401Ayr Strategies (OTCQX: AYRSF) has recognized Arizona’s marijuana market potential. The Toronto-based cannabis company purchased a vertically integrated operation in the Copper State that includes both growing and processing facilities as well as three licensed dispensaries. The transaction...
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GrowGeneration Enters Arizona Cannabis Market Via Hydroponics Depot Deal
Monday, October 12, 2020 - 2:35pm | 242GrowGeneration Corp. (NASDAQ: GRWG) is entering the state of Arizona via the acquisition of Phoenix-based Hydroponics Depot. The Denver-based company, a large hydroponics retail chain serving the cannabis industry in the U.S., expands to the Arizona market at an opportune time....
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Google Sister Waymo Rolls Out Self-Driving Taxi Service To The Public
Thursday, October 8, 2020 - 10:59pm | 487Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo said Thursday it is opening its driverless service to the general public. What Happened: The driverless offering of Waymo would be available beginning Thursday — initially available to those part of Waymo One, the...