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Illinois' Cannabis Sales Surpass $1B By July, Setting New Record
Friday, July 12, 2024 - 10:10am | 656Illinois’ retail cannabis market reached a major milestone earlier than anticipated, with sales surpassing $1 billion by July, as announced by Governor JB Pritzker‘s office. This early achievement includes over $850 million in adult-use cannabis sales and nearly $150 million in medical...
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Touchdown In Las Vegas: Exploring Nevada's Cannabis Field, Market And Companies Ahead Of Super Bowl LVIII
Friday, February 9, 2024 - 4:58pm | 718As Super Bowl LVIII readies to get underway at Allegiant Stadium in Las Vegas this Sunday, Nevada's cannabis industry, underpinned by recent legislative reforms and strategic positioning, is set to capitalize on the influx of visitors. The state has notably increased legal possession...
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Curaleaf Holdings Reports Q3 2023 Cannabis Revenue Of $333M, 23% EBITDA Margin
Thursday, November 9, 2023 - 6:26pm | 415Curaleaf Holdings, Inc., (OTC: CURLF) a prominent global cannabis consumer product provider disclosed its financial results late Thursday for Q3 2023. Boris Jordan, Curaleaf's executive chairman highlighted Q3 achievements with $333 million in revenue. CEO ...
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Discover Wellness: The Latest In Cannabis-Infused Beverages & Gummies Redefining Tomorrow
Thursday, September 7, 2023 - 12:24pm | 1268The cannabis market is rapidly diversifying with infused beverages and gummies taking center stage. As innovative products cater to both wellness and recreation, the blending of flavor, technology and holistic health stands out. Elevate your cannabis brand by joining us at the...
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Weed Stocks Skyrocket, Could There Be More Upside? Analyst Draws Scenarios
Friday, September 1, 2023 - 3:49pm | 961The Department of Health and Human Services (HHS) suggested the DEA reclassify cannabis as a Schedule III controlled substance under federal law. Assistant Secretary for Health Rachel Levine's letter triggered a much-needed rally in cannabis stocks. In a recent analyst note, a...
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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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Second Round: New York MSO Coalition Targets Gov. Kathy Hochul Over Lax Cannabis Enforcement
Friday, March 31, 2023 - 4:18pm | 475The Coalition for Access to Regulated and Safe Cannabis (CARSC) recently sued New York's Office of Cannabis Management (OCM) for allegedly violating the Marijuana Regulation and Tax Act (MRTA). The Claim Continues… In response to recent events, the New York MSO Coalition released a...
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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 Public Cannabis-Related Finance Company Is Benefitting From Capital Imbalance, Says Analyst
Sunday, January 8, 2023 - 2:23pm | 589Specialty finance company, Silver Spike Investment Corp. (NASDAQ: SSIC) was formed to invest across the cannabis ecosystem through investments such as direct loans to and equity ownership of privately held marijuana companies. An Analyst’s View With an overweight rating...
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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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Whoa, How Much? CA's Canabis Industry Owes A Quarter-Billion Dollars In Back Taxes
Friday, December 9, 2022 - 3:54pm | 658California's marijuana industry owes the state a quarter-billion dollars in unpaid taxes. According to Green Market Report, the cannabis sector "as a whole was carrying $250,410,890 in unpaid sales and cannabis taxes, out of a $4.4 billion total in taxes due.” The report cited data...
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Curaleaf Reports Second Quarter 2022 Results, Chairman Boris Jordan Says Fundamentals Are Strong
Monday, August 8, 2022 - 7:32pm | 882Recently, Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) reported its financial and operating results for the second quarter, ended June 30, 2022. "Our record-breaking second quarter got off to a great start with the launch of adult use in New Jersey and a historic 4/20," said...
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EXCLUSIVE: Curaleaf Celebrates Opening Of New Dispensary In Lancaster, PA, Marking 134 Nationwide
Thursday, June 16, 2022 - 7:31am | 395Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) announced it is opening a new dispensary in Pennsylvania at 1440 Manheim Pike, Lancaster, PA 17601. Curaleaf Lancaster is the Company’s fifth new location to open within the Keystone State this year, expanding its...
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From Carlos Santana To Nicole Kidman: Why Celebrities Keep Jumping Into The Cannabis Industry And Why We Love It
Tuesday, August 17, 2021 - 10:33am | 2335Cannabis and celebrities seem to go hand in hand. Some celebs have decided to become part of the industry as brand ambassadors, while others have launched their own brands. Musicians, actors and athletes have expressed their love for the plant. But why now? Is it because the stigma around...