Newsfeeds Archive - Page 34 of 107

2 minute read

Chicago Atlantic Q1 FY23 Net Income Grows 46.3% Sequentially, Here Are The Details

May 9, 9:51 AM

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial real estate finance company, released its results for the first quarter ended March 31, 2023, revealing net interest income of approximately $14.9 million, representing a sequential

REFI

2 minute read

Cronos Q1 2023 Revenue Declines 19.5% YoY, Provides Outlook

By Vuk Zdinjak

May 9, 9:24 AM

Cronos Group Inc. (NASDAQ: CRON) (TSX:CRON), released its 2023 first quarter business results, revealing net revenue of $20.1 million, a decrease of 19.5% compared to $25 million in Q1 2022.

CRON

2 minute read

22nd Century Group Q1 2023 Revenue Grows 142% YoY, What About Adjusted EBITDA?

By Vuk Zdinjak

May 9, 8:03 AM

22nd Century Group, Inc. (NASDAQ: XXII) released results for the first quarter ended March 31, 2023, revealing net revenues of $22.0 million, an increase of 142.8% from the same period in 2022.

XXII

2 minute read

Indoor Harvest Acquires Majority Control In Metabiogenix USA

By Vuk Zdinjak

May 8, 10:52 AM

Indoor Harvest Corp. (OTCPK:INQD) announced the acquisition of a 60% controlling interest in Metabiogenix USA for $2.5 million in a combination of cash and common stock. During the close of the acquisition, Metabiogenix USA received a valuation of $8.9 million from the Japanese Medical Institute.

INQD

2 minute read

Core One In Talks With Multiple Companies To Supply Psilocybin

By Vuk Zdinjak

May 8, 10:37 AM

Core One Labs Inc. (OTCQB: CLABF) (CSE:COOL)(Frankfurt:LD6), (WKN:A3CSSU) announced that it is in discussions with several pharmaceutical laboratories and research organizations to supply them with active pharmaceutical ingredient psilocybin to meet their p

CLABF

2 minute read

Marc Lustig Increases Ownership In IM Cannabis Via L5 Capital Debt Settlement

By Vuk Zdinjak

May 8, 10:05 AM

IM Cannabis Corp. (NASDAQ: IMCC) (CSE:IMCC), has closed the securities for debt settlement transaction with L5 Capital Inc., a company wholly-owned and controlled by Marc Lustig, the executive chairman and a director of the company.

CSE:IMCC

2 minute read

HEMP BioSciences Receives Hemp Cultivation License For Arizona

By Vuk Zdinjak

May 8, 9:02 AM

HEMP Biosciences Inc., a wholly-owned subsidiary of WEED Inc. (OTCQB: BUDZ), received its hemp cultivation license from the state of Arizona.

BUDZ

2 minute read

Nova Cannabis Shareholders Vote In Favor Of Strategic Partnership With SNDL

By Vuk Zdinjak

May 8, 8:49 AM

SNDL Inc. (NASDAQ: SNDL) announced that the shareholders of Nova Cannabis Inc. (OTCQB: NVACF) (TSX:NOVC), excluding the company and its associates and affiliates in accordance with Multilateral Instrument 61-101 –

NVACF

3 minute read

4Front Ventures Signs Non-Binding Term Sheet For Extension Of Senior Secured Debt

By Vuk Zdinjak

May 8, 8:03 AM

4Front Ventures Corp. (CSE:FFNT) (OTCQX: FFNTF) has entered into a non-binding term sheet with its senior secured lender, LI Lending, LLC to extend the maturity date, reduce the interest payable, and expand the third-party financings available under the December 17, 2020 am

CSE:FFNT

1 minute read

Allied Corp Teams Up With Switzerland Based Company To Offer GMP Certified Medical Cannabis

By Vuk Zdinjak

May 5, 10:52 AM

Allied Corp. (OTCQB: ALID) has signed an agreement with a GMP certified partner in Switzerland that will enable Allied to be able to offer products with the good manufacturing practices approved certifications.

ALID