Mugglehead · Page 16

High Tide reports second consecutive quarter record revenue in Q1 2023
Mar 21, 2023, 7:57 pm By Natalia Buendia Calvillo
High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) is reconsidering expanding its store footprint and instead, it aims to achieve free cash flow generation by the end of this year. On Tuesday, the company announced its financial results for the first…

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Inaccurate THC levels in Canadian cannabis sparks concerns across industry
Mar 14, 2023, 11:22 pm By Rowan Dunne
A recent study conducted by Supra Research and Development found many cannabis flower packages being sold in British Columbia had inaccurately high THC percentages on their labels. On March 4, the company’s CEO Rob O’Brien revealed that 93 per cent of the…

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Xebra gets permit from Mexican health authority COFEPRIS to grow and commercialize low-THC cannabis
Mar 10, 2023, 6:58 pm By Natalia Buendia Calvillo
Xebra Brands Ltd. (XBRA: CSE) (XBRAF: OTCQB) (9YC: FSE)’s Mexican subsidiary has been granted a permit from a federal agency to cultivate, process and commercialize cannabis under 1 per cent of THC. Xebra announced on Friday that the Federal Commission for…

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IM Cannabis to reduce workforce by 20%, restructures leadership team
Mar 8, 2023, 6:48 pm By Natalia Buendia Calvillo
Multinational cannabis company IM Cannabis Corp. (NASDAQ: IMCC) (CSE: IMCC) is laying off around 20-25 per cent of its workforce to focus on core activities and drive a sustainable profit. The company announced the reorganization of management and workforce…

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SciSparc conducts CBD oil clinical trial for children with autism
Mar 1, 2023, 7:25 pm By Rowan Dunne
SciSparc Ltd. (Nasdaq: SPRC) will be conducting a clinical trial in Israel examining the effects of CBD oil on children with autism spectrum disorder (ASD). The company announced the upcoming study on Monday which will be run at the Soroka University Medical…

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TerrAscend partners with New Jersey law firm to provide free expungement services
Feb 28, 2023, 6:23 pm By Rowan Dunne
Toronto’s TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) has partnered with a New Jersey law firm to help those convicted of cannabis related crimes clear their records. The cannabis company announced a partnership with The Hoffman Centers P.C. firm on Monday…

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Greenway receives Health Canada approval for its expanded cultivation space
Feb 16, 2023, 11:47 pm By Rowan Dunne
Ontario’s Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTC: GWAYF) has attained an expanded cultivation license from Health Canada for the three-acre addition to its growing space completed last year. The company announced the accomplishment on…

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Twitter allows ads for cannabis products in the U.S.
Feb 15, 2023, 10:23 pm By Natalia Buendia Calvillo
Twitter is now the most cannabis-friendly social media platform after recent updates in its policies that allow advertisers to promote cannabis content on its platform. The social media company run by Elon Musk announced Wednesday that advertisers have to be…

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Delta 9 Cannabis completes first international pot shipment to Australia
Feb 15, 2023, 12:05 am By Rowan Dunne
Delta 9 Cannabis Inc. (TSX: DN) (OTCQX: DLTNF) has successfully made its first international shipment consisting of dried cannabis flower to an unnamed Australian customer. The Winnipeg-based company announced the accomplishment on Monday and now also plans…

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SNDL cuts 85 jobs from Olds production facility to save $9M
Feb 14, 2023, 12:21 am By Natalia Buendia Calvillo
SNDL Inc. (NASDAQ: SNDL) has cut off approximately 85 jobs from its Olds facility as part of a cost-saving strategy that will save the company around $9 million from labour and operational costs. On Monday, the company said the transaction with The Valens…

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Inspired Cannabis opens Vancouver flagship store and cannabis gallery on popular Robson street
Feb 13, 2023, 9:42 pm By Natalia Buendia Calvillo
Inspired Cannabis, one of the largest family-owned retail cannabis businesses in Canada, has opened its flagship store in the popular tourist shopping district of Robson street in Vancouver. The retailer announced Monday the new store is already open and will…

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Amsterdam may ban cannabis smoking around popular tourist areas
Feb 10, 2023, 12:27 am By Natalia Buendia Calvillo
The decades-long acceptance of cannabis that Amsterdam once had may come to an end after its government is considering placing a ban on the public consumption of cannabis and other soft drugs around popular tourist areas. On Thursday, Amsterdam Mayor Femke…

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Canopy Growth lays off 800 workers to reduce costs by $160M this year
Feb 9, 2023, 9:08 pm By Natalia Buendia Calvillo
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) will lay off 800 workers due to the company’s new business model and shutting down more of its production operations. On Thursday, the cannabis company announced that it will close its Hershey Drive…

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SQDC launches pilot 90-minute cannabis delivery service
Feb 8, 2023, 11:58 pm By Natalia Buendia Calvillo
Quebecois will be able to receive their cannabis in less than two hours after the province’s exclusive cannabis retail enterprise launched its test phase service in certain regions of the province. This week, the Société Québécoise du Cannabis announced…

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Lift Vancouver kicks off 2023 with upbeat post-pandemic cannabis industry gathering
Jan 27, 2023, 9:32 pm By Rowan Dunne
The Vancouver Convention Centre hosted a major cannabis community event last weekend, bringing influential industry figures together in the city for the first time in years. The Lift Vancouver 2023 cannabis conference and expo ran between Jan. 12-14 and…

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Doctor Everton Flemmings talks about synergies between blockchain and cannabis at Lift and Co
Jan 26, 2023, 1:29 am By Joseph Morton
Doctor Everton Flemmings spoke about the need for cannabis businesses to adopt blockchain technology at the Lift and Co business conference in Vancouver, BC on Thursday, January 12. Flemmings is the founder and president of iValley nutraceuticals and the head…

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Trulieve launches cannabis brand founded by NFL star Ricky Williams
Jan 20, 2023, 11:10 pm By Natalia Buendia Calvillo
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) and the United States National Football League star Ricky Williams launched a new cannabis brand in all retail locations around Arizona. This Friday, the cannabis company announced that its new Highsman brand…

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U.S. Virgin Islands governor legalizes adult-use cannabis
Jan 19, 2023, 11:17 pm By Rowan Dunne
Adult-use cannabis is now legal in the Virgin Islands after its governor signed a new bill legalizing the plant. On Wednesday, Governor Albert Bryan Jr. signed the Virgin Islands Cannabis Use Act into law, permitting adult-use of the plant while regulating its…

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SNDL completes acquisition of The Valens Company
Tue 8:57pm By Natalia Buendia Calvillo
SNDL Inc. (Nasdaq: SNDL) has finished acquiring the cannabis concentrate company The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) for approximately $138 million in shares and assumption of Valens’ $60 million non-revolving term loan facility. On Tuesday,…

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Connecticut kicks off adult-use cannabis sales
Jan 11, 2023, 10:01 pm By Rowan Dunne
Adult-use pot sales commenced in Connecticut on Tuesday morning, signifying another milestone for cannabis reform in the state made possible through a bill signed by Governor Ned Lamont in 2021. Governor Lamont and Lieutenant Governor Susan Bysiewicz both…

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High Times makes a blazing comeback with new owners
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Michigan dispensary has free doobie for anyone with legit photo of Bigfoot
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Village Farms largely abandons produce ambitions to focus on cannabis
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Burnaby will soon get its first pair of private dispensaries
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Decibel Cannabis stock is a worthwhile purchase, Haywood says
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Bill Maher and Woody Harrelson’s California dispensary gets ransacked
May 20, 2025, 8:46 pm By Rowan Dunne
Ontario joins BC and Alberta by getting rid of dispensary window coverings
May 16, 2025, 2:05 pm By Rowan Dunne
Curaleaf’s vaporizer receives medical device designation in the European Union
May 12, 2025, 9:02 pm By Rowan Dunne

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