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Revolving Door Of CEOs And Other Exec Positions At High Times: Who's The Latest New Face?
Friday, August 25, 2023 - 3:47pm | 507The iconic cannabis media brand has undergone yet another leadership change, reported Green Market Report’s Debra Borchardt, a leading authoritative voice in the marijuana investment space who will speak at the upcoming Benzinga event in Chicago. As the Sept. 30 deadline for High...
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High Times Loses Another High Profile CEO As Peter Horvath Resigns
Tuesday, February 1, 2022 - 3:38pm | 518Hightimes Holding Corp. recently said goodbye to another CEO. Peter Horvath resigned after less than two years on the job, for "personal reasons." The company posted a filing with the SEC announcing that Horvath had resigned on January 25, both as CEO and director,...
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After 47 Years Of Publishing High Times Rolls Out Its First Cannabis Offering
Friday, May 14, 2021 - 12:37pm | 339The publishing company behind High Times Magazine, Hightimes Holding Corp., will launch its first cannabis offering dubbed High Times Black Label. Initially, the label will roll out in California and Michigan with their first branded flower and pre-rolls in Indica, Sativa, and Hybrid...
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High Times To Buy California Dispensary Desert's Finest For $6.2M
Monday, March 8, 2021 - 1:57pm | 355Hightimes Holding Corp., the media and events company known for its cannabis publication High Times, will buy a cannabis dispensary Desert’s Finest in a $6.2 million deal. Out of those $6.2 million, around $5.35 million will be in the form of convertible debt, projected to close in the...
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3 Cannabis Leadership Changes Amid COVID-19 Pandemic
Friday, March 20, 2020 - 3:25pm | 540Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter. Several companies in the cannabis market are making some leadership shifts in response to the ongoing COVID-19 Pandemic. Green Growth Brands Inc. Green...
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Green Growth Brands Posts 77% Quarter-Over-Quarter Revenue Increase, Higher Loss
Tuesday, November 26, 2019 - 1:46pm | 355Green Growth Brands Inc. (CSE: GGB) (OTC: GGBXF) reported first-quarter revenue of $12.7 million Monday, a 77% quarter-over-quarter increase. The company posted pro forma revenue for the quarter of $15.3 million, counting a full quarter of revenue from The+Source Henderson, a...
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Green Growth Brands Reports 271% Higher Quarterly CBD Revenue
Thursday, October 24, 2019 - 12:10pm | 337Green Growth Brands Inc. (CSE: GGB) (OTC: GGBXF) reported total fiscal 2019 revenue of $15.7 million on Wednesday. For the fourth quarter ended June 30, Green Growth posted revenue of $7.2 million, representing a 29% quarter-over-quarter increase. Quarterly CBD revenue of $1.7 million was up...
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Green Growth Brands Completes $37.7M Bought Deal Financing
Thursday, August 22, 2019 - 1:42pm | 332Green Growth Brands Inc. (OTC: GGBXF) reported Thursday the closing of a bought deal short-form prospectus offering of units of the company for aggregate gross proceeds of CA$50.23 million ($37.7 million). The company reported selling 20.5 million units at a price of CA$2.45 each,...
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Green Growth Brands, American Eagle Agree On CBD Product Distribution Deal
Thursday, July 11, 2019 - 7:03am | 350Green Growth Brands Inc (OTC: GGBXF) and American Eagle Outfitters (NYSE: AEO) have entered into a deal to distribute CBD-infused personal care products. American Eagle Outfitters will sell the CBD products in almost 500 of its stores, as well as online. The purchase order from American Eagle...
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Green Growth Brands To Purchase Moxie For $310M, Create '360 Degree' Cannabis Company
Tuesday, July 9, 2019 - 10:33am | 260Green Growth Brands (OTCQB: GGBXF)(CSE:GGB) announced Tuesday it entered into an agreement with MXY Holdings to acquire the company for $310 million, which will be met through the delivery of either Exchangeable LP Units or GGB Common Shares. MXY Holdings is commonly known as Moxie. This...
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Abercrombie & Fitch To Sell CBD Products At 160 Stores
Thursday, June 27, 2019 - 10:16am | 294Abercrombie & Fitch Co. (NYSE: ANF) will begin selling CBD products at more than 160 stores, the company said in a press release. What Happened Abercrombie initially tested CBD products made by Green Growth Brands Inc (OTC: GGBXF) at 10 stores in May and is ready to expand the relationship...
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Green Growth Brands Enters Florida Medical Marijuana Market
Tuesday, June 4, 2019 - 3:01pm | 282Green Growth Brands, Inc. (OTC: GGBXF) will enter the medical marijuana market in Florida through the acquisition of Spring Oaks Greenhouses. Green Growth Brands will pay a consideration of around $54.65 million for all outstanding shares of Spring Oaks. The transaction will involve $26.15 million...
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Green Growth Reports Q3 Earnings Growth
Thursday, May 30, 2019 - 8:58am | 253Green Growth Brands Inc. (OTCQB: GGBXF) released fiscal third-quarter 2019 results, with revenue at its Nevada cannabis operations growing to $5.1 million. Green Growth reported total revenue, including both of its MSO and CBD operations, was $5.6 million. The company’s Nevada gross...
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How Topicals Are Bringing CBD To Mass Retail Customers
Tuesday, March 5, 2019 - 6:00pm | 1301Even before the vote on the 2018 Farm Bill, the industry was swirling with talk of the implications of the legalization of hemp and hemp-derived cannabidiol — CBD. Many conversations focused on CBD-infused edibles and their mass availability, not only online or in dispensaries, but also in...
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The Latest On Green Growth's Proposed Takeover Of Aphria
Thursday, January 31, 2019 - 3:44pm | 391Shares of Canada-based Aphria Inc (NYSE: APHA) moved higher Thursday after Green Growth Brands Inc (OTC: GGBXF) CEO Peter Horvath told Bloomberg his company is open to negotiating its unsolicited takeover offer. As part of the merger offer, U.S.-based Green Growth offered 1.5714 shares for each...