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NYC’s Film Hub Welcomes Freshly Baked NYC Weed Delivery, Now Serving Manhattan & Brooklyn

By Nicolas Jose Rodriguez
February 7, 6:45 PM
Long Island City (LIC), home to the legendary Silvercup Studios and known as a bustling hub for film and television production in New York City, is now entering a new era with the introduction of Freshly Baked NYC's legal weed delivery service.

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Canadian CBD-Focused Pharma Co. Gets Green Light To Produce Medical Marijuana In Brazil

By Jelena Martinovic
February 7, 12:05 PM
Canada's MediPharm Labs has received a GMP certification from the Brazilian governing body, ANVISA. The approval allows for the production of active pharmaceutical ingredients (APIs) and end products for the Brazilian medical cannabis market. MediPharm has already received GMP certifications from the US FDA, the European Union, and Australia's TGA, and holds a drug establishment license from Health Canada. The Brazilian medical cannabis market is projected to reach CAD380m (USD282m) by 2025, according to industry forecasts. MediPharm Labs, which already produces two medical cannabis products with full ANVISA authorization for the Brazilian market, is potentially set for further product authorizations through the regulatory body, according to reports.

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6 minute read

Interview – Why Snoop Dogg Loves Weed Beverages: ‘Not Everyone Wants To Smoke To Get High… Drinking Is Familiar’

By Javier Hasse
February 6, 12:08 PM
"Healthy living and self-care is in," says Snoop Dogg, the renowned rapper and entrepreneur, in an exclusive interview as he discusses the launch of the hemp-infused Do It Fluid product line in partnership with Hill Beverage Co. "As the science and knowledge around

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2 minute read

California Cannabis Co. Blum Reports $33M In 2023 Revenue After Wrapping Up Restructuring

By Jelena Martinovic
February 6, 11:59 AM
Unrivaled Brands, Inc. has released unaudited financial results for its fiscal year and quarter ended December 31, 2023. The company reported revenue of $33 million from continuing operations for fiscal year 2023. In 2023, the company underwent a restructuring and strategic reorganization, culminating in the formation of a new holding company, Blum Holdings, Inc. The process was completed in early January, along with a reverse stock split of its common stock. The company reported that quarter-over-quarter retail revenue remained consistent with the previous quarter, decreasing slightly from $8.4 million to $8 million. The gross profit margin for the quarter was 53%. Total transactions in 2023 increased by 5% compared to the previous year. The CEO of Blum Holdings, Sabas Carrillo, stated that the company is focused on strategic growth initiatives, retail opportunities, margin growth through in-house brands, debt reduction, and operational efficiency in 2024.

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Cannabis Giant Curaleaf Expands In This European Country Via New Acquisition

By Jelena Martinovic
February 6, 11:51 AM
Curaleaf International has acquired Can4Med, a pharmaceutical wholesaler specialising in cannabinoid medications, to expand its operations in Poland. The deal will also improve patient access to medical cannabis products across Europe. Poland's National Agricultural Support Center implemented rules last year that increased the THC level permitted in industrial hemp from 0.2% to 0.3%, facilitating a more streamlined permitting process for farmers and buyers. In August 2022, Curaleaf International registered its extract-based medicines in Poland through a partnership with local firm CanPoland. Last year, Poland saw a significant increase in the adoption of medical cannabis, with over 3,000 kg distributed. Curaleaf CEO Matt Darin called the acquisition a "significant step forward" for his company, as Poland's medical cannabis market expands rapidly.

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