CBD Company Kadenwood Raises $50 Million

Kadenwood Raises $50M to Accelerate Leadership Position in Shaping CBD Into Mainstream Wellness Category The Craftory, Arcadian Capital and Existing Investors Led the Series B Round as Kadenwood Expands...
- June 29th, 2021 at 1:39 pm

California Operator Truth Enterprises Raises $11.5 Million

Truth Enterprises Oversubscribed $10M Round Investors Include Seasoned Cannabis Industry Pioneers SACRAMENTO, Calif., June 29, 2021–(BUSINESS WIRE)–Truth Enterprises, the parent corporation behind Sacramento-based lbs. Distribution, today announced the oversubscription...
- June 29th, 2021 at 9:46 am

High Tide Q2 Revenue Increases 99% to $40.9 Million

High Tide Reports Second Quarter 2021 Financial Results Featuring a 99% Increase in Revenue and Another Record Adjusted EBITDA of $4.7 Million CALGARY, AB, June 28, 2021 /PRNewswire/ –...
- June 28th, 2021 at 6:08 pm

Flower One Q1 Revenue Increases 53% to $13.9 Million

Flower One Reports First Quarter 2021 Results and Provides Preliminary Revenue Guidance for Its Second Quarter Second Quarter Revenue Guidance of $16-$18m Reflects Its Second Consecutive Record Revenue Quarter...
- June 28th, 2021 at 9:26 am

This Cannabis Sub-Sector Has Become Even More Popular

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- June 27th, 2021 at 10:50 am

Michigan Cannabis Sales Dip 3% in May as Prices Plunge

During May, Michigan cannabis sales increased 76% from a year ago to $148.9 million, a 3% decrease from April despite having an additional day: The Michigan Marijuana Regulatory Agency breaks out sales by...
- June 23rd, 2021 at 9:53 am