Exclusive: US retail marijuana sales on pace to rise 35% in 2019 and near $30 billion by 2023
Retail sales of medical and recreational cannabis in the United States are on pace to eclipse $12 billion…
News May 30
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Former US Rep. Rohrabacher joins cannabis firm BudTrader’s advisory board
Former U.S. Rep. Dana Rohrabacher, a Republican from California who lost his House seat to Democrat Harley Rouda in…
News May 29
Marijuana retailer Green Growth Brands logs quarterly net loss of $15.4 million
Green Growth Brands, an Ohio-based cannabis company, reported quarterly revenue of $5.6 million for the three months ended…
News May 29
Cannabis group Cresco Labs sees revenue increase, loss in first quarter
Cresco Labs, a Chicago-based, vertically integrated cannabis company, reported quarterly revenue of almost $21.1 million for the three…
News May 29
Marijuana firm MedMen records $63.1 million loss in 3Q, slashes executive salaries
Los Angeles-based MedMen reported revenue of $36.6 million and a net loss of $63.1 million for its fiscal third…
News May 29
Trulieve continues to buck cannabis earnings trend with increased Q1 profit
Florida-based Trulieve Cannabis Corp. reported revenue for the first quarter of $44.5 million, nearly triple the $15.2 million…
News May 29
CBD maker Charlotte’s Web to start trading on Canada’s top stock exchange
Charlotte’s Web, a Boulder, Colorado-based CBD manufacturer, said Wednesday it received approval to uplist to the Toronto Stock…
News May 29
Marijuana investing, hedge funds and building a multistate MJ company: Q&A with Ascend CEO Abner Kurtin
Abner Kurtin spent almost his entire professional career in the hedge fund and investment industries before founding Boston-based…
News May 29
Multistate cannabis firm Acreage reports first-quarter net loss of $31.2 million
Acreage Holdings, a New York-based multistate cannabis operator, reported quarterly revenues of $12.9 million for the three months…
News May 28
Is Massachusetts adult-use marijuana market being propped up by New Yorkers?
Customers making the trek from nearby New York are responsible for as much as 50% of recreational marijuana sales…
News May 28
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