What’s New With Cannabis Stocks for the Week Ending 05/07/21

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 adult-use sales grew 209% in April. BDSA data for March showed a rebound in most states. Health Canada added 5 licenses, leaving the total now at 670. 420 Investor model portfolios […]

Cronos Q1 Revenue Slips 26% Sequentially

Cronos Group Reports 2021 First Quarter Results Receives processing license for the commercial production and sale of cannabinoids using biosynthesis Announces plans to launch Spinach™ branded edibles to the Canadian adult-use market Launches transformative Lord Jones™ brand campaign entitled, “A Higher Order” Cronos Israel expands PEACE NATURALS™ brand into the pre-roll category in the Israeli […]

TerrAscend Opens Second New Jersey Medical Dispensary in Maplewood

TerrAscend Opens Largest Apothecarium on the East Coast New Maplewood Dispensary Marks Second Apothecarium in New Jersey and Thirteenth Nationwide NEW YORK and TORONTO, May 7, 2021 /CNW/ – TerrAscend Corp. (“TerrAscend” or “the Company”) (CSE:TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced the grand opening of its second New Jersey medical cannabis dispensary. The 6,500 square foot dispensary, located […]

California Cannabis Operator GABY Is Focused On Retail Store Expansion to Fuel Growth

Exclusive Interview with GABY Founder, President and CEO Margot Micallef Vertically integrated cannabis company GABY (CSE: GABY) (OTCQB: GABLF) has ambitious growth plans for the California market. The company has been built through the strength of cannabis and CPG experience, and now, it is ready to expand its retail platform. Founder, President and CEO Margot […]

AFC Gamma Provides Justice Cannabis Co. With $22 Million Senior Secured Credit Facility to Fund its New Jersey Expansion

Represents AFC Gamma’s First Transaction in Expanding New Jersey Medical and Adult Use Marijuana Market WEST PALM BEACH, Fla., May 06, 2021 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC”) today announced it has provided a credit facility of $22 million to Justice Cannabis Co., a Chicago-based multi-state operator with licenses in eight states. The […]

Body and Mind Completes Ohio Construction

Cultivation Progressing at Arkansas Cultivation Facility VANCOUVER, BC, May 6, 2021 /CNW/ – Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) (the “Company” or “BaM”), a multi-state operator, is pleased to provide an update on construction in Ohio and cultivation operations in Arkansas. BaM and NMG Ohio LLC have completed construction of the Ohio production facility and are in the final stages of obtaining local […]

Valens Boosts Management Team With the Addition of Two New Executives

The Valens Company Announces Appointments to Management Team and Nominations to Board of Directors Sunil Gandhi appointed to Chief Financial Officer and Adam Shea appointed to Chief Commercial Officer Independent nominees Dr. Guy Beaudin, executive leadership advisor, and Drew Wolff, former Starbucks executive, to stand for election to Board of Directors Independent Director Nitin Kaushal […]

Cannabis REIT Revenue Increases 103% to $42.9 Million

Innovative Industrial Properties Reports First Quarter 2021 Results Acquisitions and Portfolio Performance Drive Q1 Y-O-Y Growth of 103% in Total Revenues, 122% in Net Income and 116% in AFFO SAN DIEGO, May 05, 2021–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused […]

Lab Shopping: Highlighting the Need for Checks and Balances in Cannabis

Josh Swider, Co-Founder of InfiniteCAL, shares his concerns regarding labs working more like profit centers than public safety agents.

The post Lab Shopping: Highlighting the Need for Checks and Balances in Cannabis appeared first on Cannabis Industry Journal.