Sanity Group

High Tide Inc. (NASDAQ: HITI) released its 2022 financial results in January for the year ended October 31, 2022. Here's a breakdown: Revenue increased by 97% year-over-year to CA$356.9 million ($265.4 million). Gross profit rose by 58% year-over-year to CA$101.0 million. Adjusted EBITDA...

High Tide Inc. (NASDAQ: HITI) (TSXV:HITI) (FSE:2LYA) released its year-end audited 2022 financial results, revealing revenue increased by 97% to CA$356.9 million ($265.4 million) for the year ended October 31, 2022, and increased sequentially by 14% to CA$108.2 million in the fourth quarter of 2022...

British American Tobacco (BAT) (NYSE: BTI) is investing in German cannabis company Sanity Group GmbH along with Snoop Dogg’s Casa Verde Capital as part of the tobacco giant’s bid to diversify beyond nicotine. On Monday, Bloomberg reported that Sanity secured $37.6...

Germany decriminalized medical cannabis some four years ago, and now analysts at the Institute for Competition Economics (DICE) suggest that the decision to fully legal cannabis could bring the country some 3.4 billion euros ($3.85 billion) in tax revenue. What’s more, it...

Berlin-based cannabis pharmaceutical and consumer health company Sanity Group has managed to attract big-name financial backers like Scooter Braun and Black Eyed Peas frontman Will.I.Am.  Now, the celeb favorite is adding another big investor to its roster: Snoop Dogg’s...

Here is a summary of the latest company shakeups within the cannabis industry. Renee Merrifield Steps Down from Valens Board  Renee Merrifield has opted to resign from the board of directors at The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF). The move comes on the heels of her...

Four high-profile celebrities became the new endorsers of Sanity Group, a Berlin-based CBD and medical cannabis company, by investing in the firm’s latest funding round of $4.8 million. The company, which owns German CBD brand VAAY, received investments from Black Eyed Peas founding member,...

Berlin-based cannabis startup Sanity Group announced Monday the closing of a $22 million Series A funding round, with investments from entertainment mogul Scooter Braun, Berlin’s Cherry Ventures, and a personal investment from Snoop Dogg’s money man, Karan Wadhera of Casa Verde Capital...