PharmaCielo Ltd. (TSXV: PCLO) (OTC Pink: PCLOF) more than tripled its sales in its latest quarter, compared with the same period a year ago, but filings show liquidity concerns that could threaten the company. The Canada-based international cannabis company reported revenue of C$1.13 million in in the fourth quarter ending …
Calgary-based Simply Solventless Concentrates Ltd. (TSXV: HASH) (OTC: SSCLCF) on Friday announced that its purchase of cannabis grower Delta 9 Bio-Tech Ltd. has formally closed for C$3 million in cash. Simply Solventless in January made a C$750,000 down payment towards the total purchase price and paid the remainder this week, …
The Canadian company expanded its exports overseas with its top-selling Pink Kush cultivar. …
MTL Cannabis Corp. (CSE: MTLC) reported third-quarter revenue of $25.6 million, an 8% rise versus the same period last year, while posting a net loss of $1.2 million, driven largely by higher finance expenses and operational costs. The net loss was a 369% decline from the $453,004 profit reported in …
The slow-walking of federal cannabis legalization has some of the biggest multistate operators looking for new ways to give their sales and profits a boost. Lately, a lot of that attention has turned toward hemp beverages. But the paths they’re taking are anything but uniform. Just this week, Florida-based Trulieve …
The unlicensed side of the marijuana market in New York state is still a major hurdle for both lawmakers who want to replace them with licensed businesses and for licensees trying to stand up legal companies, a range of legislators said during a budget hearing on Wednesday. And it’s not… …
“Our results suggest that treatment with purified CBD is effective and safe” in autistic patients, investigators concluded. The post Study: Adjunctive Use of CBD Mitigates Severe Behavioral Symptoms in Children With Autism appeared first on […]
Cannabinoid supplementation was associated with “clinically significant weight loss, decreases in abdominal girth, systolic blood pressure, and total and LDL cholesterol.” The post Clinical Trial: Concomitant Administration of THCV and CBD Promotes Weight Loss, Improves […]
“Participants exhibited no significant changes in performance” following cannabis dosing. The post Study: Medical Cannabis Dosing Doesn’t Negatively Impact Driving Performance in Experienced Patients appeared first on NORML.
Under the law, which takes effect on July 1, 2025, those convicted of minor marijuana possession offenses must pay a mandatory fine of at least $300. The post Idaho: Governor Signs Law Imposing Mandatory Minimum […]
All three bills are likely to face opposition from Republican Gov. Kelly Ayotte, who has historically opposed any liberalization of the state’s marijuana laws. The post New Hampshire: Marijuana Bills Advanced to Senate, Where Their […]
Ayurcann Holdings Corp. (CSE: AYUR) (OTCQB: AYURF) reported record sales for its fiscal second quarter, as it tries to narrow its losses after cancelling a merger in November. The Canadian cannabis manufacturer posted C$13.4 million in gross revenue for the three months that ended Dec. 31, a 25% rise from …
Ontario-based Greenway Greenhouse Cannabis Corp. (CSE: GWAY) (OTCQB: GWAYF) on Thursday reported ongoing losses, with a C$675,076 net loss in its third fiscal quarter of 2025, which ended Dec. 31. That builds on earlier losses last year, including a C$1 million net loss in the second fiscal quarter, bringing its …
Toronto-based Cronos Group (NASDAQ: CRON) (TSX: CRON) ended 2024 well in the black, with $43.9 million in net income for the fourth quarter and $40 million for the full calendar year, the international cannabis company reported this week. That’s a dramatic turnaround from 2023, when Cronos posted a $70.4 million …
The cannabis company also reported a record cash flow from operations of $271 million and a free cash flow of $150 million for the year. …
The cannabis company also reported a gross profit of $444 million but a net loss of $342 million for the year. …
Even those who use medical marijuana in jurisdictions that have legalized medical marijuana are at risk of federal prosecution. …
Massachusetts’ legal cannabis market has topped $6 billion in adult-use sales since its 2018 launch, but signs point to slower growth and steep price drops in the maturing market. A report from the state’s Cannabis Control Commission released this week showed adult-use cannabis prices have fallen 62% since the market …
The Ohio state Senate took the first major step towards rolling back the voter-approved adult-use marijuana law that won at the ballot box in 2023, with the approval this week of Senate Bill 56, which now heads to the GOP-controlled House of Representatives for consideration. According to The Columbus Dispatch, …
The cannabis company’s new offering is available online and will soon be sold in select Total Wine locations in Florida. …