Jones Soda Co. (OTCQB: JSDA), a Seattle-based craft soda maker known for its quirky flavors and customer-submitted label photos, has been aggressively expanding past its traditional soda roots since entering the cannabis market in 2021 with its Mary Jones brand. And after a challenging 2024, alternative adult beverages will be…
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A tax hike on marijuana products requested by Ohio Gov. Mike DeWine was not included in a state budget plan released this week, possibly saving state cannabis companies from having to raise prices at dispensaries.
Republican leaders at the state capitol insisted this week they would avoid raising taxes whenever possible,…
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Standard Wellness Holdings LLC secured a $14 million senior secured credit facility from Advanced Flower Capital (NASDAQ: AFCG), the companies announced Thursday.
The vertically integrated cannabis company will use the funding to refinance existing debt, including full repayment of its debt facility with Focus Growth Capital Partners and early repayment of…
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City View Green Holdings (CSE: CVGR) (OTC Pink: CVGRF) recently warned investors it was considering a pivot out of cannabis and becoming an investment issuer. Now it’s making that official.
The company has proposed to spin out its wholly owned subsidiary, 2590672 Ontario Inc. Following the spin-out transaction, the company said…
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Delota Corp. (CSE: NIC) reported year-over-year revenue growth of 18% for the 12-month period that ended Jan. 31, primarily driven by direct-to-consumer sales through its 180 Smoke stores and online platform.
The company announced in January that it was shifting the end of its fiscal year to March 31 from Jan….
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Cannabis industry insiders may have grown weary of peering into their crystal balls to determine whether federal reform of any kind is on the horizon during the new Trump administration, but it doesn’t appear that the murkiness will lift anytime soon.
That’s in spite of the president nominating a cannabis champion…
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A New Hampshire state Senate committee dealt a likely death blow to a trio of pro-marijuana bills, voting down each of them during a hearing this week, although technically each measure could still pass the full Senate when they’re delivered to the chamber floor later in the legislative session.
According to…
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Illinois marijuana sales took a 7% month-over-month dip in February, falling to $150.3 million from January’s tally of $161.7 million, according to statistics from the state Cannabis Regulation Oversight Officer.
Recreational sales – the lion’s share of the market – pulled in $130.6 million for the month, down from $140.2 million…
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HOPE Therapeutics, an interventional psychiatry network wholly owned by NRx Pharmaceuticals (Nasdaq: NRXP), today announced it was buying Dura Medical per the previously announced non-binding letter of intent.
Financial terms of the transaction were not disclosed. Dura Medical Founder Stephen Durand will be named director of Florida clinic operations.
Hope stressed that Dura…
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It’s no secret that Pennsylvania Gov. Josh Shapiro wants his state to legalize adult-use cannabis, after the medical marijuana industry has already put up big sales numbers. The state reported $1.7 billion in MMJ sales for 2024 and $7 billion since the program was initiated in 2020, according to the…
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