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High Times, Humboldt Heritage Cancel M&A Plans
Friday, May 22, 2020 - 3:19pm | 377Read More...High Times Holding Corp. is putting its cultivation and processing plans on hold. The company, known for publishing High Times Magazine, announced in March that it agreed to buy Humboldt Heritage. As of May 15, the deal has been canceled. Why It Matters High Times touted the deal as a key...
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Trulieve Hits Milestone, Opens 50th — And Largest — US Dispensary
Friday, May 22, 2020 - 1:49pm | 396Read More...Trulieve Cannabis Corp. (CSE:TRUL)(OTCQX:TCNNF) has cut the ribbon on its latest store, marking its 50th retail location. According to the Thursday press release, the newly opened dispensary is located in Daytona Beach, bringing the company's total stores in Florida to...
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HempNova Expands Footprint In Oregon, Buys Seven Oaks Hemp Center
Friday, May 22, 2020 - 1:38pm | 297Read More...HempNova Lifetech Corp. announced Thursday it has purchased Seven Oaks Hemp Center's assets in Southern Oregon through its subsidiary, HNL2 Holdings LLC. Tha Vancouver-based hemp grower paid just over $2 million to acquire five acres of farmland, along...
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Curaleaf To Reopen Adult-Use Dispensaries In Massachusetts
Thursday, May 21, 2020 - 2:45pm | 290Read More...Curaleaf Holdings Inc. (CSE: CURA) (OTCQX: CURLF) announced Thursday it will reopen its three dispensaries in Massachusetts for adult-use purchases on May 25. The date coincides with other reopenings that are expected to occur that same day. The retail space in Provincetown...
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Puration Posts Q1 Results, Touts 173% Revenue Spike
Thursday, May 21, 2020 - 2:28pm | 342Read More...Puration Inc. (OTCPK: PURA), an extraction cannabis company, announced Thursday its financial earnings for the first quarter of 2020. The report comes about three months after Puration made an offer to buy an undisclosed CBD pet product operation. That acquisition...
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Harvest Health Tallies 35 Retail Stores Nationwide, Posts 134% YoY Revenue Increase
Thursday, May 21, 2020 - 2:08pm | 411Read More...Harvest Health & Recreation Inc. (CSE: HARV) (OTC: HRVSF) released its first-quarter 2020 financial and operational results Wednesday. Harvest Health's Q1 Financial Update The medical company said that its quarterly net revenue of $45 million represents a 134% year...
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Planet 13 Debuts In California, Acquires Newtonian's Dispensary In Santa Ana
Thursday, May 21, 2020 - 12:07pm | 306Read More...Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF) announced Thursday it has acquired Newtonian Principles Inc, following months of negotiations. The Las Vegas, Nevada-based integrated cannabis company, obtained Newtonian's cannabis sales license, a leasehold of 30...
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Clear Cannabis Names Tom Brooksher As New CEO
Wednesday, May 20, 2020 - 1:30pm | 312Read More...The licenser of The Clear concentrates Clear Cannabis Inc. reported Tuesday it has appointed Tom Brooksher as its new CEO. Brooksher previously served as the company's interim CEO since February. Prior to this, Brooksher served in the Denver-based cannabis...
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The Alkaline Water Co. Launches New CBD Products Line
Wednesday, May 20, 2020 - 1:25pm | 297Read More...The Alkaline Water Company (NASDAQ: WTER) has launched a new ingestible CBD product line, including CBD-water, capsules, tinctures and gummies. Based on the company's success as a national water brand, Alkaline is looking to capitalize on its retail connections and supply chain efficiencies to...
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Trulieve Q1 Revenue Soars 116%, Celebrates 4/20 With Revenue Of $2M Per Day
Wednesday, May 20, 2020 - 1:20pm | 464Read More...Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX:TCNNF) disclosed Wednesday its first quarter of 2020 financial and operational update. Q1 Financial Highlights The Quincy, Florida-headquartered company, known as a vertically integrated seed to sale company licensed to provide medical cannabis, ...
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Benzinga Cannabis Capital Conference Presents: Al Harrington, NBA Star Turned Cannabis Impresario
Wednesday, May 20, 2020 - 12:02pm | 564Read More...Cannabis isn't a game for Al Harrington. The NBA veteran, who retired in 2015 after 16 seasons, takes the industry very seriously. He's also not one to mince words, which makes him an ideal speaker for the upcoming Virtual Benzinga Cannabis Capital Conference on June 1. For proof,...
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A Snapshot Of America's Medical Marijuana Markets: Rhode Island
Wednesday, May 20, 2020 - 11:31am | 1220Read More...Rhode Island’s medical marijuana industry has seen its share of milestones and setbacks as its market matures. The state’s legislative approach to cannabis has been conservative compared to nearby northeastern U.S. states. At the same time, lawmakers appear to be shifting...
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AWH Expands In New Jersey, Agrees To Buy Greenleaf Compassion Center
Wednesday, May 20, 2020 - 10:29am | 343Read More...Ascend Wellness Holdings said Wednesday it had inked the acquisition of Greenleaf Compassion Center, a medical cannabis company based in New Jersey. Boston-based AWH will rebrand the Greenleaf's dispensary in Montclair, and expand the cultivation space located in Franklin to roughly...
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How Cannabis Cultivator Grassroots Upped Its Digital Game When States Shut Down
Tuesday, May 19, 2020 - 3:57pm | 1344Read More...Lisa Hurwitz had only been with Grassroots for 18 months when the coronavirus pandemic rocked cannabis businesses nationwide. Like other pot professionals, she had to pivot almost overnight when shelter-in-place mandates were ordered. Shoppers were no longer able to stroll...
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Cansortium Revenue Spikes To $9.5M In Q4
Tuesday, May 19, 2020 - 3:35pm | 256Read More...Cansortium (OTC: CNTMF), which recently opened its 20th medical marijuana dispensary, reported fourth-quarter and full-year 2019 financial results, as well as its preliminary first-quarter 2020 results. Q4 Highlights Consolidated revenue increased 52% to $9.5 million, compared with...
