Curaleaf’s Boris Jordan: No Capital Raises Planned, Company Has $50M In Revolving Credit
Price pressure has been a common theme in this past week's round of cannabis earnings.
How Canopy Growth Reduced Debt By $1B And Is Headed Toward Profitability With An ‘Asset-Light Model’: CEO Tells All
As cannabis earnings rolled in all week, Canopy Growth Corp (NASDAQ: CGC) held its own, reporting quarterly sales of CA$109 million ($81.2 million), which beat the analyst consensus estimate of CA$67.98 million, a 26.32% increase over sales of CA$86.29 million the same period last year.
Springbig Reports Q2 2023 Financial Results: $7.2M Revenue Up 12% YoY, CEO Pleased With ‘Measured Growth’
SpringBig Holdings, Inc. (NASDAQ: SBIG), a provider of vertical SaaS-based marketing solutions, announced its financial results on Thursday afternoon for the second quarter ended June 30, 2023.
Elon Musk Is Getting A Charge Out Of Cheech And Chong’s Hilarious Cannabis Ads On Twitter/X
Cheech and Chong's ads for their cannabis gummies have been all over Twitter, in case you haven't noticed. They are so prevalent that they’ve become a punchline for fans, critics and even Twitter and Tesla (NASDAQ: TSLA) CEO Elon Musk.
Acreage Holdings: Q2 Revenue $58.1M, Boasts Record Revenue In NJ And CT, Positive Adjusted EBITDA
Acreage Holdings, Inc. (CSE: ACRG, ACRG.B.U) (OTCQX: ACRHF, ACRDF) reported its financial results Wednesday afternoon for the second quarter ended June 30, 2023.
Sell Much Weed? Illinois Cannabis Sales Top $140M In July, Setting New Record
Illinois' cannabis retailers sold $140 million in weed products in July, breaking a record for 2023 and marking the second highest monthly total since legal sales launched in 2020.
Florida Attorney General Implies Voters Are Not Too Bright, Deceived By ‘Monopolistic’ Weed Giant To Legalize Cannabis
Florida's Attorney General Ashley Moody is trying her best to keep a constitutional amendment to legalize adult-use cannabis off the state's 2024 ballot.
Cannabis Sales In Maryland Top $87M In First Month Of Adult-Use Sales, Shattering Expectations
Maryland’s cannabis users collectively spent a whopping $87.43 million on weed during the state’s first full month of recreational sales. Those who are keeping score sat that comes out to some $2.8 million per day.
Huge Marijuana And Moonshine Bust In Former Walmart Building, Biggest Haul In Tennessee’s History
Over 25 law enforcement officers from nine different agencies raided a former Walmart (NYSE: WMT) building in West Tennessee this week in a massive drug bust that turned up nearly 200 pounds of various narcotics including a 35-pound shipment of psilocybin edibles that had been deliv
Story Cannabis Company To Acquire 4 Vertically Integrated Nature’s Medicines Dispensaries In Phoenix
Story Cannabis Company, an emerging player in the fast-growing cannabis industry, announced the acquisition of four vertically integrated cannabis licenses, currently branded under the name Nature’s Medicines, located in Arizona.