Vext sells off Kentucky medical marijuana processing permit
1 1
The company said it plans to focus on operations in Arizona and Ohio.
#cannabis #marijuana #thecannaclubvs
1h ago
Tilt Holdings details defaults over unpaid rent in Massachusetts, Pennsylvania
1 1
Tilt could face eviction, legal action if it fails to negotiate a deal with Innovative Industrial Properties.
#cannabis #marijuana #thecannaclubvs
2h ago
Filament Health to raise nearly C$1M, plans Cboe Canada delisting
1 1
Net proceeds from the financing will now provide "additional financial flexibility" as the firm continues clinical development efforts.
#cannabis #marijuana #thecannaclubvs
3h ago
New York cannabis chief outlines plan for New York cannabis
1 1
Felicia Reid acknowledged the emotional nature of the industry, noting it's 'personal' for her.
#cannabis #marijuana #thecannaclubvs
5h ago
Jones Soda keys in on three-prong strategy, with cannabis playing a critical role
1 1
The company reported 15% revenue growth for 2024 as new leadership recalibrates its approach in crowded hemp and cannabis sectors.
#cannabis #marijuana #thecannaclubvs
12h ago
Proposed Ohio cannabis tax increase tabled by lawmakers
1 1
Lawmakers said they wouldn't include any tax hikes in the budget this year.
#cannabis #marijuana #thecannaclubvs
20h ago
Standard Wellness received $14M facility from AFC, retires other debt
0 1
The company plans to use the funds to refinance existing debt and expand with a new Missouri dispensary license.
on Thu, 6PM
City View Green decides to officially ditch cannabis for tech
0 1
The company said it has a target acquisition to make the move, but nothing is definite.
on Thu, 5PM
Southern lawmakers float tighter controls on consumable hemp
0 1
As legislative sessions near their annual end, debates in Alabama and Georgia try to balance industry concerns and public safety.
on Thu, 4PM
Innovative Industrial faces few good options with bankrupt tenants
0 1
Alliance Global Partners lowered its price target to $55 from $70 as the company tries to clean house.
on Thu, 3PM
Delota continues on path to profitability with positive fourth-quarter results
0 1
Cannabis sales during the fourth quarter increased 10% from the previous year.
on Wed, 5PM
Colorado gets its first psychedelic treatment center
0 1
The Center Origin is licensed to provide psychedelic treatments for patients with mental health challenges.
on Wed, 5PM
Innocan Pharma 2024 earnings benefit from its beauty products
0 1
While beauty is bringing in the sales, the company continues to pursue its pain management products.
on Wed, 4PM
Rubicon Organics revenue rises in 2024 with successful vape launch
0 1
The company is moving ahead with an acquisition that will expand flower production by 40%.
on Wed, 2PM
Cannabis signals from Trump growing increasingly murky
0 1
Cannabis advocates are taking aim at the lack of clarity with ads airing in Washington, D.C., and West Palm Beach.
on Wed, 5AM
New Hampshire Senate committee kills marijuana bills, including rec legalization
0 1
Advocates were disappointed in the broad-reaching rejection of cannabis expansion.
on Wed, 1AM
Safe Harbor Financial lending income soars in 2024, but company still lands in the red
0 1
The cannabis financier saw loan interest income surge while reporting significant net loss amid restructuring efforts.
on Tue, 11PM
FBI tells Delaware must revise background check request, putting rec market launch on hold
0 1
The FBI told lawmakers that failed to "explicitly identify" the background check categories in the law.
on Tue, 10PM
Illinois sales fall again in February
0 1
Sales across all categories of cannabis declined during the month.
on Tue, 10PM
Filament Health posts $5M loss in 2024, faces liquidity concerns
0 1
The clinical-stage natural psychedelic company showed progress in its drug development pipeline while dealing with a shrinking runway.
on Tue, 10PM
Grown Rogue’s 2024 sales climb 16%, but losses widen
0 1
The Oregon-based craft cannabis company saw a 16% revenue rise while annual net loss ballooned to $10.7 million.
on Tue, 10PM
HOPE Therapeutics to buy clinic company Dura Medical
0 1
The goal of the acquisition is to expand Hope's network in Florida and the therapies available to patients.
on Tue, 7PM
1933 sees uptick in revenue in Nevada
0 1
1933 said its AMA brand remains a top seller in Nevada, while its Infused Mfg subsidiary was reclassed as discontinued.
on Tue, 5PM
CBD of Denver ‘repositioning’ into tech sector, AI
0 1
The company said it was shifting its focus to tech, but gave no additional details on that strategy.
on Tue, 4PM
Jones Soda posts mixed 2024 results, wades deeper into the red
0 1
The drink maker's revenue rose 15% for the year despite a fourth-quarter downturn, as company repositions its strategy under new leadership.
on Tue, 3PM
Organigram joins beverage race with U.S. acquisition
0 1
Organigram is paying C$6.2 million for U.S. based Collective Project to get a footprint in the country.
on Tue, 1PM
Pennsylvania’s medical market fears a state-store model for adult-use
0 1
Advocates from several organizations expressed concern that such a model would cost the industry up to 25,000 jobs.
on Tue, 6AM
Enveric posts $9.5M loss for 2024, but revenue could be on horizon with licensing deals
0 1
The company signed three different multimillion-dollar licensing deals for its molecules.
on Tue, 1AM
CanadaBis Capital posts sales growth ahead of Simply Solventless deal
0 1
The vertical company increased revenue by $2 million year-over-year as it cut costs ahead of a potential merger.
on Mon, 10PM
Grown Rogue nabs $7M credit line from FDIC-insured bank
0 1
The company says loan will support growth initiatives while refinancing existing debt at competitive rate.
on Mon, 9PM
Chicago Atlantic BDC posts fourth-quarter profit jump, triples assets
0 1
The cannabis financier saw its quarterly income jump after a major portfolio deal, despite a slight net asset value decline.
on Mon, 8PM
Trio of cannabis pubcos in default to Innovative Industrial over lease payments
0 1
The cannabis real estate investment trust also noted that a fourth company defaulted on a loan from IIPR.
on Mon, 6PM
IM Cannabis 2024 net loss ticks up despite successful cost-cutting initiatives
0 1
The company still saw operational improvements in 2024, seeing positive adjusted EBITDA and sales growth in its German operations.
on Mon, 5PM
France unveils long-awaited medical cannabis framework after years of delays
0 1
Three regulatory documents submitted to EU outline path forward for what could become one of Europe's largest medical cannabis markets.
on Mon, 4PM
Vext posts higher revenue but goes deeper into the red after Ohio entrance
0 1
The company posted strong fourth quarter results despite market challenges and new market ramp up costs, as it stays focused on Ohio.
on Mon, 4PM
MediPharm gets boost from international sales
0 1
MediPharm is making progress to improve the company's future based on its international business.
on Mon, 3PM
Planet 13 pumps the brakes on expansion, keys in on Florida
0 1
The Nevada-based company joined other MSOs in filing amended tax returns to nullify 280E's effect.
on Mon, 5AM
Chief medical marijuana regulator in Virginia steps down
0 1
Chief Administrative Officer Jamie Patten will take over the role.
on Fri, 10PM
CEA Industries records more losses for fourth quarter, reveals strategic shift in operations
0 1
The equipment biz confirmed the Canadian vape retailer as a strategic pivot while losses continue amid cannabis downturn.
on Fri, 9PM
Mercanto Holdings posts second-quarter loss as Quebec cannabis market lulls
0 1
The recently rebranded Canadian firm is looking at national expansion amid industry consolidation and stagnant Quebec sales.
on Fri, 9PM
Michigan cannabis company calls regulators ‘ruthless’ as it agrees to shut down, exit industry
0 1
The CRA alleges that Flavor Galaxy employees added marijuana product to pre-rolls after they had been tested.
on Fri, 9PM
Gold Flora files for court receivership, preps for sale
0 1
CEO Laurie Holcomb said the move was "a difficult but correct decision to make for all stakeholders."
on Fri, 8PM
Quantum BioPharma pushes clinical pipeline after rebranding
0 1
The company shed its FSD Pharma identity last year as it positions its alcohol metabolism and multiple sclerosis treatments for commercial viability.
on Fri, 7PM
New York City cannabis czar resigns to prep for next advocacy role
0 1
Dasheeda Dawson said that the move had been in the works for a while, and the split was amicable.
on Fri, 7PM
Relmada Therapeutics pivots from psilocybin to cancer, neurological disorders
0 0
After abandoning depression drug development last year, biotech firm reported fourth quarter results and outlined new focus areas.
on Mar 28
Greenlane presses forward despite restructuring challenges
0 0
Revenue dropped dramatically in 2024 due to the restructuring.
on Mar 28
Massachusetts cannabis regulators lay groundwork for social consumption
0 0
The commission lowered fees, mandated some safety measures and tackled thorny ownership issues for cannabis lounges and events.
on Mar 28
Minnesota cannabis regulators inundated with thousands of license applications
0 1
Lotteries for capped license categories will be held in May and June.
on Mar 27
Hawaii lawmakers pivot from recreational legalization to medical marijuana expansion
0 0
Proposals include eliminating the qualified conditions list and expanding the number of dispensary licenses.
on Mar 27
Planet 13 posts $47.8 million loss for 2024 despite increased revenue
0 0
The company attributed much of the loss to a one-time impairment charge in the fourth quarter.
on Mar 27