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  • Supreme Cannabis Reports 90% Increase in Revenue

    9:17am By Debra Borchardt
    The Supreme Cannabis Company, Inc. (FIRE.TO) (SPRWF) reported net revenue of $19 million for the fourth quarter ending June 30, 2019, a 90% increase sequentially. The net loss for the quarter was $421,000. Supreme Cannabis’ core recreational flower…
  • Overcoming Canada’s Cannabis Shortage

    8:42am By Stella Lincoln
    Shortages of Canadian marijuana appeared immediately after recreational sales of cannabis starting from October 2018.  Hence, there is a typical Canadian refrain almost lately.  Because of little inventory remaining, many stores are closed three days a week,…
  • The Daily Hit: September 17, 2019

    Tue 4:17pm By Staff
    It’s time for your Daily Hit of cannabis financial news for September 17, 2019. On The Site CBD & FDA According to the U.S. Hemp Roundtable,  Majority Leader Mitch McConnell (R-KY) introduced language on the Agriculture Appropriations bill that would…
  • McConnell Pushes FDA To Act On CBD Guidance

    Tue 2:44pm By Debra Borchardt
    According to the U.S. Hemp Roundtable,  Majority Leader Mitch McConnell (R-KY) introduced language on the Agriculture Appropriations bill that would require the FDA to issue formal “enforcement discretion” on the sale of hemp CBD products.  The FDA had…
  • Singer John Legend Teams Up With PLUS Products For CBD Launch

    Tue 9:27am By Debra Borchardt
    Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) is kicking off a nationwide launch of its 100% hemp-derived CBD line and entertainer John Legend is partnering with the company. The celebrities joining the cannabis industry are getting bigger and brighter by the…
  • Shopify Agrees To Hemp-Derived CBD Sales

    Tue 9:01am By Debra Borchardt
    Leading e-commerce platform Shopify Inc. (NYSE:SHOP)(TSX:SHOP) has finally opened its internet doors to hemp-derived Cannabidiol or CBD. The company announced new features on its platform to help U.S. merchants sell these products online or in brick-and-mortar…
  • TerrAscend Closes Ilera Deal, Reaffirms 2019 Revenue Estimate of C$141 Million

    Tue 8:46am By Debra Borchardt
    TerrAscend Corp. (CSE: TER)(OTCQX: TRSSF)  has closed on its previously announced acquisition of Pennsylvania-based Ilera Healthcare, one of five permitted vertically-integrated cannabis cultivator, processor, and dispensary operators in the state. The…
  • The Daily Hit: September 16, 2019

    Mon 6:45pm By Staff
    It’s time for your Daily Hit of cannabis financial news for September 16, 2019. On The Site Cresco Labs Cresco Labs Inc.  (CSE: CL) (OTCQX: CRLBF) has announced a plan to acquire Tryke Companies including six prime Reef Dispensary locations…
  • Green Market Summit Celebrates First Los Angeles Event

    Mon 10:32am By Video Staff
    The Green Market Summit held its first event titled “The Economics of Branding” in Los Angeles, California last week. Sponsors and attendees were both thrilled with the networking and business opportunities the event afforded. Many described the keynote…
  • Cresco Labs Buys Tryke For $282 Million, Picks Up Reef Dispensaries

    Mon 8:30am By Debra Borchardt
    Cresco Labs Inc.  (CSE: CL) (OTCQX: CRLBF) has announced a plan to acquire Tryke Companies including six prime Reef Dispensary locations in Nevada and Arizona, expanded licensed cultivation and process capacity in Las Vegas and Phoenix and entry into…

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