93% Of Smokable Hemp Exceeds Legal THC Limit, Government-Funded Study Finds
Uncover startling findings: Smokable hemp products breach legal THC limits. Dive into the study challenging hemp's legal status.
Marijuana Stock Movers For April 8, 2024
GAINERS: GreenGro Technologies (OTC:GRNH) shares closed up 9900.00% at $0.0001 AusCann Group Holdings (OTC:ACNNF) shares closed up 387.78%…
154 Pounds Of Weed Found In French Mayor’s Home, Denmark Closes Pot Street In Christiania After Multiple Shootings & More Cannabis Euro News
Over the last several years, Europe has become more open-minded about medical and recreational marijuana. Here are some…
Israeli ‘Cannabis Sticks’ Maker Reports Financial Results For 2023 Following Reverse Takeover
Israeli technology and cannabinoid company StickIt Technologies announced on Monday its financial results for the year ended Dec. 31, 2023. Revenue for the fiscal 2023 amounted to CA$203 000 ($149,300), compared to CA$564 000, in the prior year. The company called 2023 a "notable year" following the "completion of a reverse takeover on Oct. 23, 2023, positioning StickIt for accelerated growth and market expansion." Simultaneously the company completed a financing of CA$441,000, consisting of 1,024,628 subscription receipts for CA$0.4304 each, which were converted on a 1:1 basis into the company's common shares.StickIt, the developer exclusivity and patent protected of "Cannabis Sticks," debuted on the Canadian Securities Exchange (CSE), in the same month.
German Lawmakers Eager To See Phase 2 Of Cannabis Legalization, Weed Giant Curaleaf Considers Listing In Frankfurt
It was no April’s Fool joke when cannabis legalization in Germany took effect a week ago. Even though…
Bullish Sentiment Across The Cannabis Space – Check Full Movers For April 5, 2024
GAINERS: MPX International (OTC:MPXOF) shares closed up 199900.00% at $0.00 22nd Century Group (NASDAQ:XXII) shares closed up 110.81%…
How To Secure Dividends And Returns In Marijuana Real Estate: Analysis Reveals Stock With Potential
New Lake Capital Partners (OTC: NLCP) has emerged as a key player, capitalizing on the industry's expansion and the increasing need for capital among multi-state operators (MSOs).
Las Vegas Cannabis Weddings To Launch ‘Puff, Puff, Part Ways’ Weed Divorce Party Package On 4/20
Las Vegas Cannabis Weddings encourages couples to "tie the knot with pot." Founder says, "We're really excited to show a one-of-a-kind Sin City experience."
Female-Led California Weed Co. Gold Flora’s Net Loss Grows In Q4, Reports YoY Increase In Revenue & Gross Profit
Vertically-integrated California cannabis company Gold Flora Corporation announced on Friday its financial results for the three-month and twelve-month period ended Dec. 31, 2023. "We have strategically built a solid foundation consisting of premier indoor cultivation, and full vertical operations with deep consumer insights that have enabled our business to continue to expand its leadership position in California," Laurie Holcomb, CEO of Gold Flora, said. "This platform, combined with our focus on high-quality, profitable revenue streams has allowed us to capture more margin across every step of the supply chain and, as a result, we achieved positive adjusted EBITDA in the quarter, and improved our adjusted gross margin to approximately 66%, ahead of some of the leading multi-state operators in the industry.
Flora Growth’s Stock Trading Higher On Pricing $3.2M Public Offering Of Common Shares
Flora Growth Corp. announced on Thursday the pricing of its underwritten public offering of 1.7 million common shares for aggregate gross proceeds of roughly $3.23 million. Clifford Starke, the company's CEO, and an existing investor have agreed to purchase, and have been allocated by Aegis Capital Corp., Common Shares in the offering. Flora said it will use the net proceeds from the transaction that is expected to close on or about Monday, April 8 for general corporate and working capital needs. The move came on the heels of the company's latest move to further cement its global footprint via acquisition in Germany.