Organigram Holdings Inc. (NASDAQ: OGI) (TSX:OGI) net revenue in Q2 fiscal 2023 increased 24% to CA$39.5 million ($29.3 million), from CA$31.8 million in Q2 fiscal 2022.
Agrify Corporation (NADAQ:AGFY) announced that Denver Greens is anticipated to become the new operating partner of Agrify through the acquisition of the total turnkey (TTK) project Greenstone, pending execution of documentation and final approval from the Colorado Marijuana Enforcement Division
In partnership with legendary chef Roy Choi, TSUMo Snacks, released two new chef-driven flavors—Spaghetti & Meatballs and Spicy Cheesy Ramen. The flavors come in shareable snack bags infused with 100mg of THC.
Clever Leaves Holdings Inc. (NASDAQ: CLVR) (NASDAQ: CLVRW) announced its commercial agreement with US-based Praetorian Global Inc., to produce cannabis flower and downstream products from Clever Leaves
BellRock Brands Inc. (OTCEM:DXBRF) (CSE:BRCK.U) has entered into a secured promissory note in the amount of $861,757 and the related security agreement with High Street Capital Partners, LLC, which carries an interest rate of 25% and a maturity date of November 17, 2023.
NextEvo Naturals recently released results from a third-party study on 16 CBD products that were allegedly randomly selected for the research. The brand commissioned Coral Reef Labs to conduct this study and test label claims including the potency of each product.
Vangst, a cannabis industry jobs platform, released the annual 2023 cannabis industry jobs report. This year's report found there are now 417,493 full-time equivalent jobs supported by the legal cannabis industry in the U.S. That's a surprising result—a 2% drop in employment.
The Scotts Miracle-Gro Company (NYSE: SMG) announced that it anticipates achieving a net leverage ratio comfortably below the credit facility covenant of 6.5 times for its fiscal 2023 second quarter.