Net Sales for Q1 2022 Zig-Zag and Stoker’s Products Increased 10.1 Percent Year-Over-Year LOUISVILLE, Ky.–(BUSINESS WIRE)– Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer...
Company delivers record 2021 U.S. GAAP and proforma revenue1 of $738 million and $760 million, respectively 2021 Adjusted EBITDA2 margin of 44% — in line with Company guidance Financial results presented in U.S. GAAP CHICAGO, April 27, 2022 (GLOBE NEWSWIRE) — Verano Holdings...
Lucid Green Raises $10M to Power the First Intelligent Cannabis UPC Platform Lucid Green is transforming the cannabis supply chain with its LucidIDs, the industry’s first intelligent QR code...
Texas Medical Marijuana Program Rules Open for Public Comment Guest post by Andrea Steel & Hannah Johannes of Frost Brown Todd The rules governing the Texas Compassionate Use Program (TCUP) are...
TORONTO, April 22, 2022 /PRNewswire/ – RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) (“RIV Capital” or the “Company”) today announced completion of the initial closing (the “Initial Closing”) of its previously...
Here are some of this week’s highlights for 420 Investor Focus List names: AAWH launched adult-use sales at Rochelle Park Dispensary in New Jersey. AYRWF announced the launch of Kynd...
AFC Gamma Provides Bloom Medicinals with $82.5 Million Senior Secured Credit Facility Funding will allow Bloom to Scale Operations and Acquire Cultivation License in Ohio WEST PALM BEACH, Fla.,...
Humble & Fume Inc. Provides Update on California Expansion and Signs Exclusive Distribution Agreement with leading California Brand, Canndescent Humble Cannabis Solutions has officially launched operations in California as a premier...
AWH Consolidates Ownership in Vertically Integrated Pennsylvania Operator – AWH Completes Roll-Up Transaction of Remaining Outstanding Interests of Story of PA CR, LLC – – Story Permitted to Open...
Treez Secures $51 million in Series C Funding, Now Valued at $260 Million, Driven by Rapid Growth Series C Comprised of Leading Fintech Investors Including: Long Ridge, Kayne Partners,...
West Town Bank & Trust Launches Dedicated Cannabis Banking Program The program aims to make financial services, such as banking and electronic payments, more accessible to cannabis businesses nationwide....
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary New Jersey approved more conditional adult-use...
TerrAscend Accelerates Michigan Retail Expansion Through Acquisition of Pinnacle Adds 5 operational dispensaries, expanding TerrAscend’s retail footprint to 17 in Michigan and 32 nationwide Immediately accretive to TerrAscend on...
Apple, NASA and Oracle Alums Launch Backbone: The ‘AWS of Supply Chain’ with $14M in Funding Emerges after four years in stealth with proven success in highly-regulated industries, hitting...
Exclusive Interview with Ayr Wellness Chairman and CEO Jonathan Sandelman Ayr Wellness (CSE: AYR.A) (OTCQX: AYRWF) had significant revenue and EBITDA growth in 2021. The company’s revenue was up...
After a 1.5% sequential gain in February, Michigan cannabis sales fell by 1% in March, growing 5.1% compared to a year ago to $153.2 million: The Michigan Marijuana Regulatory Agency...
Leaf Trade Closes $12.5M Series B Round, and names Brian Ward CFO The funding, which was led by Artemis Growth Partners with participation from others, will accelerate Western market...
TerrAscend Goes Vertical in Maryland Acquires High-Performing Medical Dispensary Located in Cumberland, MD Valuation Represents 5X 2021 EBITDA with Significant Projected Profitability Growth in 2022 TORONTO, April 11, 2022...
Pelorus Equity Group Closes Second and Final Tranche of US$77.3M Debt Financing with Harborside Completion of $35M Second Tranche Follows Close of StateHouse Holdings Transaction NEWPORT BEACH, Calif., April...
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Illinois Cannabis Sales grew 12.5% compared...
Exclusive Interview with Cann Co-Founder Jake Bullock Cann Co-Founder Jake Bullock last checked in with New Cannabis Ventures in 2021. Over the past year, the beverage company has expanded...
Jushi Holdings Inc. Completes NuLeaf, Inc. Acquisition and Expands Vertically Integrated Operations in Nevada Increases Jushi’s Retail Footprint to Four Dispensaries in Nevada’s Attractive Limited License Retail Market Strengthens...
NewLake Capital Partners Acquires Cultivation Property in Missouri for Total Investment of $34.0 Million C3 transaction adds to NewLake’s robust portfolio and strengthens pipeline for future growth NEW CANAAN,...
After rebounding in February from very weak January levels, Illinois adult-use cannabis sales advanced in March. Sales of $131 million rose 15% from February, stronger than the longer month alone would suggest. Compared...
Exclusive Interview with Safe Harbor Financial Founder and CEO Sundie Seefried Safe Harbor Financial has been providing banking services to the cannabis industry since 2015. Over the past seven...