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New York Governor Kathy Hochul Signs Bill To Bolster Local Hemp Industry
Wednesday, December 14, 2022 - 4:51pm | 628New York Legal Recreational Cannabis Sales are just around the corner. Following this movement, state regulators recently greenlighted the first 36 for conditional adult-use retail dispensary licenses. Separately, Governor Kathy Hochul recently signed a bill that aims to expand the state's hemp...
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Whoa, How Much? CA's Canabis Industry Owes A Quarter-Billion Dollars In Back Taxes
Friday, December 9, 2022 - 3:54pm | 658California's marijuana industry owes the state a quarter-billion dollars in unpaid taxes. According to Green Market Report, the cannabis sector "as a whole was carrying $250,410,890 in unpaid sales and cannabis taxes, out of a $4.4 billion total in taxes due.” The report cited data...
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Greenlane Holdings Reports Q3 2022 Earnings: Losses Widen, Revenue Drops 31%
Tuesday, November 15, 2022 - 6:11pm | 664Greenlane Holdings, Inc. (NASDAQ: GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vape products, reported financial results for its third quarter and nine months ended September 30th, 2022. "We expect to gain...
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Charlotte's Web Reports 2022 Third Quarter Financial Results
Monday, November 14, 2022 - 8:24pm | 730Charlotte’s Web Holdings, Inc., (TSX: CWEB) (OTCQX: CWBHF), producer of full-spectrum hemp extract wellness products, reported its financial results on Monday for the third quarter ended September 30, 2022. Q3-2022 Financial Review For the three-month period ended September 30, 2022, net...
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Goodness Growth Holdings Announces Third Quarter 2022 Results
Monday, November 14, 2022 - 7:20pm | 591Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator reported financial its results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial Summary Total revenue in the third quarter was $18...
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Acreage Holdings Q3 Financial Results, A "Highly Attractive Positioning"
Monday, November 7, 2022 - 7:28pm | 1364Acreage Holdings, Inc.(CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), reported its financial results late Monday for the third quarter ended September 30, 2022 (“Q3 2022”). Third Quarter 2022 Financial Highlights According to the company’s financial results, “...
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Cannabis Terpenes Reduce Inflammation, Says Gb Sciences Study
Tuesday, November 1, 2022 - 5:05pm | 735Gb Sciences, Inc. (OTCQB: GBLX), a leading plant-inspired, biopharmaceutical research and drug development company, co-published a study that demonstrates the potential of selected cannabinoids and terpenes to reduce inflammation. "The biopharmaceutical drug development firm's...
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Exclusive: Ascend Wellness Launches Medical Cannabis Operations in Pennsylvania
Friday, October 21, 2022 - 3:54pm | 302Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis, announced the opening of its Scranton, Pennsylvania dispensary for medical patients only. Ascend Scranton is located at 605 Davis Street....
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Argentina's 'Cannabis Conicet' Public Company Seeks To Strengthen The Industry In South America
Thursday, October 20, 2022 - 7:43pm | 829The government of Argentina created a technology company that aims to boost the medical cannabis and industrial hemp industry. The technology-based public company, the ‘Cannabis Conicet’, will operate under the direction of leading scientific researchers at the Arturo...
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Urban-gro To Acquire Texas-Based Engineering Firm, DVO, Inc.
Thursday, October 13, 2022 - 4:05pm | 465Urban-gro (NASDAQ: UGRO), has signed a binding letter of intent (LOI) to acquire Dawson Van Orden, Inc. (DVO), a world-class engineering firm with significant experience in indoor Controlled Environment Agriculture (CEA). Urban-gro is a services and design-build company that provides...
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4Front Ventures Launches Its Premier California Cannabis Brand In MA, Here Are The Details
Wednesday, September 28, 2022 - 12:42pm | 4674Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) announced the launch of its premier California cannabis brand, Island Cannabis Co., in Massachusetts. Following the company's acquisition of Island Global Holdings, Inc., a California-based producer of pre-rolls, flowers, and...
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Curio Wellness' Medical Cannabis Coming To Missouri Via New Partnership
Friday, September 23, 2022 - 8:13am | 399Curio Wellness, entered into partnership with VMO-Ops, Inc. (Village). Through the partnership, the Curio team will bring their industry expertise, operational model, and cGMP-certified products to Missouri and its over 200,000 patients statewide. “We are excited and eager to bring our award-...
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Resonate Blends To Acquire California-Based Cannabis Edibles Brand Kaneh
Tuesday, September 20, 2022 - 10:46am | 367Resonate Blends, Inc.’s (OTCQB: KOAN) board of directors has approved a plan to move forward on the acquisition of Iron Summit Distribution, Inc., a California corporation pending the execution of definitive agreements, obtaining the required corporate approvals and other matters. Iron Summit...
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Discontent Grows In Florida Over Delay Of Marijuana Licenses, Appeals Judge Weighs In
Friday, September 9, 2022 - 6:00pm | 762Recently, an appeals-court judge upbraided Florida health officials for not following up on promises to grant additional medical cannabis licenses as required by state law. District Court of Appeal Judge Ross Bilbrey said potential applicants are "understandably frustrated" and...
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First International Psilocybin Supply Agreement For Optimi Health: Here Are The Details
Tuesday, August 30, 2022 - 7:53pm | 647Optimi Health Corp. (CSE: OPTI) (OTCQX: OPTHF) (FRA: 8BN), a Canadian-based company licensed by Health Canada to produce and supply natural psilocybin and other psychedelic substances, announced that it has entered into its first international psilocybin supply agreement with Promises...