This purchase expanded Schwazze’s footprint in Colorado, is the Company’s first major move into cultivation, and will provide high-end, premium cannabis directly to its Star Buds dispensaries as well as significant production of biomass for its PurpleBee’s extraction and manufacturing facility. We have continued to see strong revenue growth over last year and are pleased with […]
Michigan generated $985 million in cannabis sales in 2020, and the program should continue to expand this year as supply becomes more available and as distribution expands. …Read the full story
Distribution is backed by a team with multigenerational cannabis experience and business acumen, according to President and CEO Ross Haley. He and Hendrickson have been friends since they were young, and both co-founders have an entrepreneurial spirit. The Truth Enterprises team came into the industry with the intention of focusing on the B2B supply chain, […]
The new store will service the Central Valley in conjunction with the brand’s existing operational delivery hub, which increased the Company’s consumer reach to 65% of the largest legal cannabis market in the country. The opening of the new DELI by Caliva location marks the Company’s retail entrance into the Hanford community, which was previously supplied by […]
BDSA data for June pointed to the second consecutive month of slowing cannabis sales. The model was launched in March 2017 targeting long-term investors seeking to invest in leading cannabis stocks with low portfolio turnover and has gained 321.1% since inception compared to the 30.9% decline in the index. After a strong rally to begin […]
The comparisons to a year ago, when demand surged during the pandemic, have created challenges, with two states, Colorado and Oregon, seeing sales decline compared to then. BDSA provides coverage for Arizona, California, Colorado, Nevada and Oregon. Arizona transitioned to adult-use in late January, but this is the third month that BDSA included adult-use sales. […]
As previously disclosed, SOL Global had commenced legal proceedings in New York against 1235 and another entity, and 1235 had commenced legal proceedings against SOL Global and others in Ontario. Pursuant to the settlement, a subsidiary of SOL Global will acquire all of 1235’s rights under the Debenture for CAD $120 million . SOL Global […]
The model was launched in March 2017 targeting long-term investors seeking to invest in leading cannabis stocks with low portfolio turnover and has gained 335.3% since inception compared to the 31.9% decrease in the index. After a strong rally to begin 2019, the cannabis sector experienced a sharp decline over the next year to unprecedented […]
. Summit 10 Raspberry Lemonade and Summit 10 Peach Lemonade will be available as part of the Summit product lineup of THC-forward beverages and edibles. Summit 10 was developed using SōRSE by Valens emulsion technology and is designed for consumers seeking a higher dosage product with faster-observed onset times and reduced offset times. Summit 10 […]
The net proceeds from the offering will primarily be used to acquire and develop licensed cannabis real estate assets, including both retail dispensaries and specialized industrial cultivation and production facilities, throughout the United States. Upon an initial public offering of the Company’s common stock, the Notes will mandatorily convert into common stock at the time […]
Please note that we have raised the minimum quarterly revenue several times as the industry has scaled up, including from US$10.0 million in November 2020, US$7.5 million in June 2020, US$5.0 million in October 2019 and US$2.5 million in May 2019. dollars and 8 in the Canadian currency, which is one more than when we […]
Health Canada added 2 licenses, leaving the total at 712, including 3 that are expired, revoked or suspended. The model was launched in March 2017 targeting long-term investors seeking to invest in leading cannabis stocks with low portfolio turnover and has gained 381.3% since inception compared to the 27.6% decrease in the index. After a […]
TORONTO, June 28, 2021 /CNW/ – Fire & Flower Holdings Corp. Customers will be able to shop online at www.fireandflower.com or place orders in-store with access to the newest humble + fume products and a wide breadth of the most popular cannabis accessories in the world. With ‘Spark Perks’ membership at the center of the offering, this agreement serves to […]
LAS VEGAS & TORONTO, June 28, 2021–, the leading cannabis cultivator and producer in Nevada, is pleased to announce its financial and operating results for the first quarter ended March 31, 2021, along with its unaudited preliminary revenue guidance for the second quarter of 2021. In the first quarter of 2021 we reported the best […]
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. We detailed several attributes that make the sub-sector attractive, including not being subject to 280E, the possibility to be traded on higher exchanges and the ability to scale across multiple states relative […]
Canadian cannabis sales accelerated in April, increasing 4% sequentially and 74% from a year ago to $310 million. The model was launched in March 2017 targeting long-term investors seeking to invest in leading cannabis stocks with low portfolio turnover and has gained 378.4% since inception compared to the 28.7% decrease in the index. After a […]
Co-Founder and CEO Anh Hatzopoulos spoke with New Cannabis Ventures about serving the cannabis space and growing the Dama Financial platform. When Colorado legalized recreational cannabis, she and her fellow co-founders Dan Henry and George Gresham recognized the lack of banking and financial solutions as a problem for the industry. The co-founders previously worked together […]
Previously operating as a production site, LGP hopes to broaden the facility’s service offering by building out a sales and marketing division and empowering the facility to engage with EU and global markets. The LGP Group plans to immediately focus on delivering products in Australia and Germany as it grows its portfolio of export destinations […]
It is in the former historic Cathay Tea Garden Restaurant building which is centrally located and steps away from the heart of downtown. Our Sunnyside retail platform continues to outpace industry averages on per store retail metrics thanks to our teams’ ability to open in the best locations, secure an array of products to serve […]
