Responsibly Scaling Your Cannabis Business Is A Win-Win for the Whole Industry

As the cannabis industry continues rapidly growing, we’re continually learning how to scale cannabis businesses the right way. As cannabis executive recruiters, we have a front row seat to how this is playing out. The reality of the cannabis industry is there’s an ever-changing long list of to-do’s. Cannabis businesses are doing their best to prioritize their battles, but they often don’t have the resources to ensure they’re operating compliantly and profitably. Forget time management…

New Jersey finally legalizes

This week was dominated by the news that New Jersey finally legalized cannabis, months after over two-thirds of New Jerseyans voted to legalize. The state’s difficulty in passing overwhelmingly popular legislation offers a cautionary tale to other states that are hoping to legalize to pave over budget deficits and spur criminal justice reform. It’s a lot easier said than done. And it may take years to actually see the promised tax revenue from a fully…

What’s New With Cannabis Stocks for the Week Ending 02/26/21

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 NJ legalized and Virginia will add flower to its medical program. Health Canada added 6 licenses and revoked 3. 420 Investor model portfolios have gained 76.7-90.9% year-to-date, while the Global Cannabis Stock […]

Ayr Wellness and Liberty Health Sciences Announce Closing of Arrangement

Florida Becomes Fourth State in Ayr’s Expanding Footprint TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF, “Ayr” or “the Company”) and Liberty Health Sciences Inc. (CSE: LHS, OTCQX: LHSIF, “Liberty”) are pleased to announce that they have completed the previously announced arrangement (the “Arrangement”) under the provisions of the […]

Cannabis Companies Kick Off Earnings Season with Strong Reports

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$12.5 million per quarter (C$15.9 million). This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date. Companies must file […]

Charlotte’s Web’s CW Labs Announce New Scientific Collaboration Researching Hemp CBD Efficacy

Harvard Medical School’s Dr. Staci Gruber, Ph.D. is lead investigator BOULDER, Colo., Feb. 24, 2021 /PRNewswire/ – (TSX: CWEB) (OTCQX: CWBHF) Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”), the market leader in hemp CBD wellness products, today announced a long-term scientific collaboration between McLean Hospital, a Harvard Medical School affiliate, and the Company. […]

Rubicon Organics Closes Upsized $23 Million Capital Raise

Rubicon Organics Announces Closing of $23 Million Bought Deal Offering of Units VANCOUVER, British Columbia, Feb. 26, 2021 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”) is pleased to announce that it has closed its previously announced bought deal public offering (the “Offering”) of 6,052,631 units of the […]

Cronos Group Q4 Revenue Increases 133% to $17 Million with Adjusted EBITDA Loss of $53 million

Cronos Group Reports 2020 Fourth Quarter and Full-Year Results Announces plans to launch Happy Dance™ in ULTA Beauty™ Cronos Israel continues to grow the PEACE NATURALS™ brand in the Israeli medical cannabis market Preserves robust balance sheet with approximately USD$1.3 billion in cash and short-term investments TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — Cronos Group […]

Cronos Group Revenue Increases 133% to $17 Million with Adjusted EBITDA Loss of $53 million

Cronos Group Reports 2020 Fourth Quarter and Full-Year Results Announces plans to launch Happy Dance™ in ULTA Beauty™ Cronos Israel continues to grow the PEACE NATURALS™ brand in the Israeli medical cannabis market Preserves robust balance sheet with approximately USD$1.3 billion in cash and short-term investments TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — Cronos Group […]

Vireo Health Completes Capacity Expansion Projects in Maryland and Receives Approval to Open First Retail Dispensary in the State

Operations now include 110,000 sq. ft. of cultivation and 22,500 sq. ft. of processing capacity Green Goods™ retail dispensary approved in Frederick, MD expected to open March 12 MINNEAPOLIS, Feb. 26, 2021 /PRNewswire/ — Vireo Health International, Inc. (“Vireo” or the “Company”) (CNSX: VREO; OTCQX: VREOF), the science-focused, multi-state cannabis company, today announced that its subsidiary company, MaryMed, LLC, […]