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Cannabist, COAST Team Up To Launch Premium Edibles In Two States
Wednesday, November 13, 2024 - 2:09pm | 517The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX:CBSTF) (FSE: 3LP), a U.S. cannabis cultivator and retailer, announced Wednesday a new partnership with COAST Cannabis Co., a woman-owned cannabis edibles company. This collaboration will introduce COAST's award-winning infused chocolates...
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Evolving Cannabis Retail: The Cannabist Company's Rebranding Strategy Unveiled
Monday, March 4, 2024 - 6:44pm | 706Jesse Channon, the president of The Cannabist Company Holdings Inc (OTC:CCHWF) and upcoming speaker at the Benzinga Cannabis Capital Conference, is leading the charge in establishing partnerships and initiatives that broaden the company’s product lineup and enhance its market presence...
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XS Financial Touts 140% YoY Increase In Revenue Despite Cannabis Industry Slowdown
Tuesday, April 25, 2023 - 5:53pm | 553XS Financial Inc. (CSE: XSF) (OTCQB: XSHLF) released earnings for the fourth quarter and fiscal year ended December 31, 2022. The specialty finance company, which is dedicated to U.S.-based cannabis companies, had "a transformational year," according to CEO David Kivitz. "We had...
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Despite Industry Headwinds, Some Cannabis MSOs Deepened Their Benches In 2022
Thursday, April 20, 2023 - 4:48pm | 369Some of America's largest multi-state operators (MSOs) experienced growth in employee headcounts in 2022, despite reports of layoffs across the cannabis industry. Companies such as Ascend Wellness Holdings (OTCQX: AAWH), TerrAscend Corp. (OTCQX: TRSSF), Ayr Wellness (OTCQX: AYRWF), and...
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Oregon Rep. Reintroduces Small Biz Bill To Amend Tax Code For Cannabis Companies
Monday, April 17, 2023 - 5:33pm | 751Oregon Congressman Earl Blumenauer is taking another shot at passing the Small Business Tax Equity Act, a bill that aims to amend an IRS code to allow state-legal cannabis businesses to take federal tax deductions. Blumenauer, a House member who founded the Congressional Cannabis Caucus,...
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Marjorie Taylor Greene Makes Unsubstantiated Claims Of Marijuana 'Zombies' In NYC
Monday, April 17, 2023 - 2:44pm | 595Marjorie Taylor Greene, a controversial MAGA lawmaker and Georgia Congresswoman, has once again made headlines with her recent comments on the legalization of marijuana in New York City. Greene claims that during her recent trip to Manhattan — which she made to support former U.S....
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Build The Future Of Cannabis Wholesale With An Industry-Leading Tech Company
Tuesday, March 7, 2023 - 10:00pm | 757Michael Piermont is the president and chief revenue officer of Leaf Trade, a privately held cannabis tech company revolutionizing the B2B side of the value chain. Piermont, who will speak at the upcoming Benzinga Cannabis Capital Conference in Miami will talk about how Leaf Trade technology enables...
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This Cannabis Multi-State Operator Was The Only One With Solid Profits In The Last Quarter
Wednesday, December 21, 2022 - 9:05am | 568Most U.S. cannabis multistate operators reported modest to significant year-over-year revenue gains. Among the companies with the highest revenue in the third quarter were Curaleaf Holdings (OTC: CURLF) with $339 million followed by Trulieve Cannabis (OTC: TCNNF) with $300 million. In a...
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Cresco Labs Gains 'Firm Visibility' With Recent Asset Sales To Sean Diddy Combs
Friday, November 4, 2022 - 5:57pm | 874Cresco Labs Inc (OTCMKTS: CRLBF) and Columbia Care Inc (OTCMKTS: CCHWF) announced the signing of definitive agreements to divest certain New York, Illinois, and Massachusetts assets to an entity owned and controlled by Sean “Diddy” Combs. Cantor Fitzgerald's Pablo Zuanic...
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EXCLUSIVE: Sean 'Diddy' Combs' Right-Hand Man Tarik Brooks Tells All, Why Combs Enterprises Is Getting Into Cannabis
Friday, November 4, 2022 - 4:55pm | 1958This week, an entity owned and controlled by Sean “Diddy” Combs known as Combs Enterprises announced the signing of definitive agreements to acquire certain cannabis assets in New York, Illinois and Massachusetts from Cresco Labs (OTCQX: CRLBF) (CSE:CL) and Columbia Care (OTCQX:...
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New York's Medical Cannabis Companies Seek A Less Pricey Route To Go Recreational
Friday, August 26, 2022 - 4:27pm | 407Medical cannabis operators in New York are worried about having to pay an exorbitant fee in order to go recreational. According to the New York Times, in order to sell marijuana outside of a medical program, multi-state operators (MSOs) must pay a fee of $20 million. Winning bidders of the state...
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Columbia Care Introduces National Cannabis Loyalty Mobile App Across 14 Markets
Tuesday, August 2, 2022 - 8:46am | 409Columbia Care Inc.’s (OTCQX: CCHWF) (NEO:CCHW) (CSE:CCHW) (FSE:3LP) national cannabis shopping and loyalty mobile app, Stash Cash, is now available on the Apple Store in 14 of its markets, and across its retail brands, including Cannabist, Columbia Care, The Green Solution and Project...
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New Jersey Cannabis Workers Unionize, Four More Big Companies Are Negotiating Contracts
Wednesday, July 13, 2022 - 3:52pm | 883Four major cannabis companies are negotiating contracts to unionize their workforce in New Jersey to bring the total to a half dozen multi-state operators, according to the head of UFCW - Local 360. Since recreational marijuana sales launched statewide this past April, two of eight major...
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Cresco Labs Acquisition Of Columbia Care Creates Huge Cannabis Conglomerate And Enormous Pay-Out For This CEO
Sunday, July 10, 2022 - 12:02pm | 659On Friday, Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE:3LP) announced the approval of the previously announced plan of arrangement under which Chicago-based Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) will acquire all of the issued and outstanding shares of Columbia...
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Columbia Care: Challenging 1Q, Stock Is Now Tied to Cresco Deal Analyst Says
Monday, May 16, 2022 - 6:46pm | 592The Analyst Pablo Zuanic, from Cantor Fitzgerald, rated Columbia Care Inc. (OTC: CCHWF) as Overweight with a price target of $5.10. The Thesis Columbia Care reported its unaudited financial and operating results for the first quarter ended March 31, 2022, on Monday. The firm reported revenue of $...