American Cannabis News

Investors Drop MedMen Lawsuit

Litigious Investors Dismiss Faulty Court Action Against MedMen LOS ANGELES, June 06, 2019–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) announced today that Brent Cox,...
- June 6th, 2019 at 7:16 am

GTI Closes $290 Million Essence Acquisition

Green Thumb Industries Inc. (GTI) Closes on Acquisition of Integral Associates; Scales Brand Distribution in Nevada and Enters the California Retail Market Acquisition Includes Two Award-Winning Cultivation Facilities, 12...
- June 5th, 2019 at 8:27 am

Cannabis Stocks Retreat in May

After a 57.4% rebound in Q1 followed by a narrow decline in April, Cannabis stocks, as measured by the Global Cannabis Stock Index, gave up substantial ground in May, declining...
- June 3rd, 2019 at 8:39 am

American Cannabis Stocks Drop 13.1% in May

The American Cannabis Operator Index extended its post-March weakness this month, declining over 13% to 95.27: The index, which launched at the end of October with a value of 100, traded...
- June 2nd, 2019 at 12:07 pm

DionyMed Reports Q1 Revenue of $14.4 Million

DionyMed Brands Inc. Announces First Quarter 2019 Financial Results and Provides Financial Outlook for the Second Quarter of 2019 Expansion of operational footprint and brand portfolio strengthens Company’s position...
- May 31st, 2019 at 8:17 am

Vireo Health Q1 Revenue Increases 57% to $5.8 Million

Vireo Health Announces First Quarter 2019 Financial Results Pro forma Q1 revenue of approximately $7.0 million Total revenue of $5.8 million increased approximately 57 percent year-over-year Minnesota passes law...
- May 31st, 2019 at 7:54 am

TILT Holdings Generates Q1 Revenue of $34.4 Million

TILT Reports Record First Quarter 2019 Revenue Executed acquisitions and business integration to create one of the industry’s leading end-to-end provider of products and services in support of the...
- May 30th, 2019 at 11:45 pm

Harvest Q1 Revenue Increases 131% to $19.2 Million

Harvest Health & Recreation, Inc. Reports First Quarter 2019 Financial Results Total revenue for the three months ended March 31, 2019 increased 131% from prior year. Total revenue for...
- May 30th, 2019 at 11:35 pm

Planet 13 Q1 Revenue Grows 286% to $13.8 Million

Planet 13 Announces First Quarter 2019 Financial Results Q1 Revenue of $13.8 million with the SuperStore now generating over $5 million per month in revenue. SuperStore accounted for ~8.2%...
- May 30th, 2019 at 9:10 pm

Curaleaf Q1 Revenue Increases 288% to $35.3 Million

Curaleaf Reports First Quarter 2019 Financial and Operational Results Reported Pro Forma Revenue(¹)(²) of $75.1 million in First Quarter 2019 Delivered Managed Revenue(¹) of $40.7 Million in First Quarter...
- May 30th, 2019 at 5:06 pm

MJardin Q1 Revenue Increases 59% to $10.8 Million

MJardin Group Announces First Quarter 2019 Financial Results and Conference Call DENVER and TORONTO, May 30, 2019 (GLOBE NEWSWIRE) — MJardin Group, Inc. (“MJardin” or “the Company”) (CSE: MJAR)...
- May 30th, 2019 at 8:34 am

Indus Holdings Q1 Revenue Increases 180% to $6.4 Million

Indus Holdings, Inc. Reports Record Revenue in the First Quarter 2019 Financial Results Indus reports revenue of $6.4 million, representing 180% revenue growth year over year SALINAS, Calif., May...
- May 29th, 2019 at 7:31 pm

Cresco Labs Q1 Revenue Grows 313% to $21.1 Million

Cresco Labs Announces Profitable First Quarter 2019 Financial Results with Revenue Growth of 313% Year-over-Year and 24% Quarter-over-Quarter Conference Call with Investors and Analysts to be Held at 6:00...
- May 29th, 2019 at 5:22 pm

Charlotte’s Web to Commence Trading on the TSX on 5/31

Charlotte’s Web Announces TSX Listing BOULDER, CO, May 29, 2019 /CNW/ – Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”) (CSE:CWEB, OTCQX:CWBHF), the market leader in hemp CBD extract products, is...
- May 29th, 2019 at 7:08 am