cannabis sales

Health and wellness CBD company HempFusion Wellness Inc. (TSX: CBD.U) is expanding to Europe through a deal with an undisclosed consumer goods distributor in Ireland. Under the deal, which has been approved by the Food Safety Authority of Ireland (FSAI), select HempFusion CBD and Probulin...

Women-centric cannabis brand Her Highness is expanding into Nevada through a production licensing partnership with MSO Body and Mind Inc. (CSE: BAMM). Her Highness products are now available across Nevada dispensaries. The partnership with BaM allows Her Highness to offer a series of indoor-grown...

Cannabis stocks have been extremely volatile since Election Day, and that volatility continued for Green Thumb Industries Inc. (OTCQX: GTBIF) on Thursday. The Numbers: Green Thumb reported third-quarter earnings on Wednesday afternoon. The company confirmed Adjusted Operating EBITDA of $53.2...

Green Thumb Industries Inc. (CSE:GTII) (OTCQX: GTBIF) reported a boost in revenue for the third quarter of 2020. Revenue jumped 31.3% quarter-over-quarter and 131.1% year-over-year to $157.1 million, according to the Chicago-based cannabis company's earnings report Wednesday....

After the five-state ballot initiative sweep, marijuana's momentum kipped up after receiving a minor gut check in September when the House of Representatives punted a vote on the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act to the lame duck session. The lingering questions...

Last week, marijuana legalization initiatives passed in five states: Arizona, Mississippi, New Jersey, Montana, and South Dakota. Stocks such as Aurora Cannabis (NYSE: ACB) and Tilray (NASDAQ: TLRY) absolutely surged in the days that followed. Many cannabis pros also...

Denver-based Dixie Brands is close to wrapping up a $43-million reverse takeover with BR Brands. Meet BellRock Brands: The two companies announced the deal in March, just before many of the shelter-in-place and quarantine provisions were put in place as a precautionary measure...

Precision Extraction Solutions is hoping to raise at least $10 million in venture capital.  That's according to the Troy, Michigan-based company's founder and CTO Nick Tennant. "We as an organization are levering up," Tennant said on this week's edition of the Benzinga...

Actors Dan Aykroyd and the late John Belushi first paired up on NBCs' "Saturday Night Live" in 1976, when they formed the musical comedy duo "The Blues Brothers." Later this month, their iconic mugshots — with fedoras and black sunglasses — will be...

Trulieve Cannabis Corp. (OTCQX: TCNNF) shares traded lower by 3% on Thursday after the company announced a roughly $75 million offering after the close on Wednesday. On Thursday, one Wall Street analyst said he is disappointed with the offering but bullish on Trulieve’s entry into the...

Data from the Hyfire retail platform suggests OrganiGram Holdings Inc.’s (NASDAQ: OGI) sales trends improved during the fiscal fourth quarter, with a significant acceleration last month. The OrganiGram Analyst: Cantor Fitzgerald's Pablo Zuanic maintained an overweight rating for...

Cannabis legalization advocates often tout the plant's potential to boost state coffers. Among the case studies they cite are Illinois, which reported $52 million in marijuana tax revenue for the first half of 2020; Colorado, which collected more than $244 million from January to...

Charlotte's Web Holdings’ (OTC: CWBHF) second-quarter results highlighted the lack of EBITDA growth and improvement in free cash flow, according to Cantor Fitzgerald. The Charlotte's Web Holdings Analyst: Pablo Zuanic maintained a neutral rating for Charlotte's Web Holdings, while...

Florida may have legalized medical cannabis in 2016, but it wasn't until the end of August when the Sunshine State finally — and somewhat discreetly — published guidelines for companies to bring edibles to the state. Wana Brands, a Boulder, Colo.-based edibles company...

CbdMD Inc. (NYSE: YCBD) has signed a multi-year retail distribution agreement with health club chain Life Time Inc. (LT).  CbdMD’s cannabidiol products will be available for sale in Life Time's physical locations as well as its online store. The original idea was to wait a few...