Auxly FY22 Net Revenue Grows 13%, What About Adjusted EBITDA? – Auxly Cannabis Group (OTC:CBWTF)
[ad_1] Auxly Cannabis Group Inc. XLY CBWTF 2022 total net revenue was CA$94.4 million, an increase of CA$10.6 million or 13% compared to 2021. FY 2022 Financial Highlights …
Sweet Leaf Madison Capital Secures $100M Financing Facility, ‘A Strong Show Of Confidence In Cannabis Debt Financing’
[ad_1] Sweet Leaf Madison Capital announced the closing of a new $100 million debt facility. A New York-based global institutional special situations asset manager will be providing $100 million of…
CV Sciences FY22 Revenue Declines 19% To $16.2M – CV Sciences (OTC:CVSI)
[ad_1] CV Sciences, Inc. CVSI FY 2022 revenue was $16.2 million, a 19% decrease compared to $20.0 million for 2021. Q4 2022 Financial Highlights Revenue of $3.9 million…
IM Cannabis FY22 Revenue From Continuing Operations Grows 60% To $54.3M – IM Cannabis (NASDAQ:IMCC)
[ad_1] IM Cannabis Corp. IMCC IMCC FY 2022 revenues from continuing operations were CA$54.3 million, an increase of 60% compared to CA$34.1 million in 2021. Q4 Financial Highlights …
Massachusetts Cannabis Company Declares 4/20 An Employee Holiday
[ad_1] Temescal Wellness has designated April 20 as a paid holiday for team members at its dispensary locations in Massachusetts, production facilities and corporate office. By giving employees the day…
Clinical Trial Exploring Psilocybin Therapy As A Treatment For Alcohol Use Disorder Achieves New Milestone
[ad_1] Clairvoyant Therapeutics announced that the first clinical trial participant in Finland enrolled in CLA-PSY-201 has received their first dose of the drug along with motivational enhancement therapy. CLA-PSY-201 is…
Cannabis Infused Beverage Brand Drippy Teams Up With UnderCurrent Entertainment
[ad_1] Drippy Enterprises announced a strategic alliance and investment from UnderCurrent Entertainment. With offices in both California and New York, UnderCurrent Entertainment serves as a dynamic company that has ventures…
Lifeist Secures $100K Via Private Placement – Lifeist Wellness (OTC:NXTTF)
[ad_1] Lifeist Wellness Inc. NXTTF LFST M has closed a non-brokered private placement of secured convertible debentures for aggregate gross proceeds to the company of $100,000. The company intends to…
Acreage’s Floating Shareholders Approve U.S. Strategic Arrangement With Canopy And Canopy USA – Acreage Holdings (OTC:ACRHF), Canopy Gwth (NASDAQ:CGC)
[ad_1] Acreage Holdings, Inc. ACRHF ACRDF ACRG ACRG, announced that, at a special meeting of holders (the “floating shareholders”) of Acreage’s class D subordinate voting shares (the “floating shares”) held…
Ethics Committee Approves Starting Multiple Ascending Dose Arm Of Phase 1 Study Of Cannabinoid Based Drug For Treatment Of Glaucoma – Skye Bioscience (OTC:SKYE)
[ad_1] Skye Bioscience, Inc. SKYE, a pharmaceutical company developing a proprietary, synthetic cannabinoid derivative to treat glaucoma, reported that the human research ethics committee in Australia has approved the initiation…
Glass House Brands FY22 Revenue Grows 31%, What About Adjusted EBITDA? – Glass House Brands (OTC:GHBWF), Glass House Brands (OTC:GLASF)
[ad_1] Glass House Brands Inc. GLASF GHBWF GLAS GLAS released financial results for its fourth quarter ending December 31, 2022, revealing Q4 net sales of $32.2 million increased 75% from…
TerrAscend Applies To List Common Shares On The Toronto Stock Exchange – TerrAscend (OTC:TRSSF)
[ad_1] TerrAscend Corp. TRSSF has applied to list the company’s common shares on the Toronto Stock Exchange. In connection with the company’s proposed listing on the TSX, and in order…
Cannabis Payment Company Enters FinTech Space, Offers An Ecosystem Of Financial Solutions For The Industry
[ad_1] Paybotic Financial, a newest venture from Paybotic, working in partnership with Regent Bank, member FDIC, announced the waitlist is open for our full program launch offering FDIC-insured checking accounts,…
Haymarket Media Acquires The American Journal Of Endocannabinoid Medicine
[ad_1] Haymarket Media, Inc. has acquired the American Journal of Endocannabinoid Medicine. Haymarket is making an additional investment in AJEM to increase its engagement with healthcare professionals and fulfill its…
Curaleaf And Fab 5 Freddy Launch B Noble Cannabis Brand In Florida – Curaleaf Holdings (OTC:CURLF)
[ad_1] Curaleaf Holdings, Inc. CURLF CURA announced the expansion of its B NOBLE partnership across Florida. B NOBLE is a for-profit, cause-based cannabis brand founded by hip-hop pioneer, filmmaker, visual…
Treez And NY CAURD Coalition Team Up To Provide Training Program To Retail License Applicants
[ad_1] Treez, an enterprise commerce technology platform that streamlines retail and supply chain operations within the cannabis industry, entered into a strategic partnership with the New York CAURD Coalition, a…
Livewire To Acquire Majority Equity Stake In LA Cannabis Direct-To-Consumer Delivery Company – Livewire Ergogenics (OTC:LVVV)
[ad_1] LiveWire Ergogenics Inc. LVVV has entered into an agreement to acquire a majority equity stake in the Green Eagle Cannabis Delivery company in Los Angeles, California. Bill Hodson, CEO…
Bhang To Acquire Patents And IP For Canabinoid And Psychedelics-Infused Musocal Strips And Biphasic Edibles – Bhang (OTC:BHNGF)
[ad_1] Bhang Inc. BHNGF BHNG has signed a letter of intent to acquire 1352135 B.C. Ltd. (“BC Corp“) to obtain access to minor-cannabinoid, cannabis, THC, and psychedelic-related patents and intellectual…
CENTR Brands Secures $5M Via Private Placement – CENTR Brands (OTC:CNTRF)
[ad_1] CENTR Brands Corp. CNTRF CNTR (FSE:303) completed non-brokered private placement financing pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 on March 3, 2023. Pursuant…
Indivior Acquires Opiant Pharmaceuticals Strengthening Its Addiction Treatment And Science Portfolio – Indivior (OTC:INVVY)
[ad_1] Indivior PLC INVVY INDV has completed the acquisition of Opiant Pharmaceuticals, Inc. OPNT The transaction strengthens Indivior’s addiction treatment and science portfolio by adding Opiant’s late-stage assets, notably OPNT003,…
Heritage Cannabis 2022 Revenue Grows 110% To $21.7M – Heritage Cannabis Holding (OTC:HERTF)
[ad_1] Heritage Cannabis Holdings Corp. HERTF CANN net revenue in FY 2022 was CA$29.6 million, ($21.7 million) a 110% increase compared to CA$14 million in FY 2021. FY 2022 Financial…
Atlas Global To Acquire GreenSeal, Scaling The Production And Sale Of Cannabis Flower For International Markets
[ad_1] Atlas Global Brands Inc. ATL signed a definitive agreement to acquire GreenSeal Cannabis Company, Ltd. and GreenSeal Nursery, Ltd., a privately-owned Ontario-based licensed cannabis producer. GreenSeal is expected to…
Ayurcann Q2 FY23 Revenue Grows 4% YoY To $2.27M – Ayurcann Hldgs (OTC:AYURF)
[ad_1] Ayurcann Holdings Corp. AYURF AYUR (FSE:3ZQ0) released its financial results for the three-months ended December 31, 2022, revealing net revenue of CA$3.09 million ($2.27 million), a 4% increase compared…
EnWave Q1 FY23 Revenue Declines 25% YoY, What About Adjusted EBITDA? – EnWave (OTC:NWVCF)
[ad_1] EnWave Corporation NWVCF ENW E released financial results for the first quarter ended December 31, 2022, revealing revenue of CA$4.71 million ($3.48 million), a 5% decrease compared to CA$4.97…
Canonic Launches Six Second-Generation Cannabis Products With Higher THC And Rich Terpene Profiles – Evogene (NASDAQ:EVGN)
[ad_1] Canonic Ltd., a wholly owned subsidiary of Evogene Ltd. EVGN EVGN launched six second-generation hybrid cannabis products in Israel. The design and development of these new cannabis products leveraged…