LATEST ARTICLES

Update: Cannabis Event Changes and Cancellations Due to Coronavirus

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As the Coronavirus (COVID-19) outbreak continues to spread across the globe, there have been over 118,000 cases and more than 4,000 deaths attributed to the virus. Of the nearly 1,000 confirmed cases in the United States, thirty have thus far been fatal. In response to the pandemic, many governments and companies have been closing tourist attractions and cancelling events...

Social Media Marketing: How Cannabis Companies Reach the Masses

div.td-post-featured-image {display: none !important} The late, great screenwriter and novelist William Goldman famously quipped, “Nobody knows anything... Not one person in the entire motion picture field knows for a certainty what’s going to work. Every time out it’s a guess and, if you’re lucky, an educated one.” Much the same is true with social media marketing: Nobody knows anything, and...

Rolling Loud California 2024 Photo Gallery

Post Malone Live Rolling Loud California 2024 by Knawledge
Tens of thousands of music fans toured STIIIZY’s 40-foot indoor cultivation grow replica at Rolling Loud California 2024, a three-day international hip hop music festival held March 14-17 in Inglewood, California. Estimated attendance for the event was about 45,000 per day, drawn by major music headliners ¥$, Nicki Minaj, Post Malone, Future, and Metro Boomin. The immersive cannabis cultivation experience...

7 Pre-Roll Machines Designed for Profitable Production

Sorting Robotics Stardust joint rolling machine for infused pre-rolls
Pre-rolled joints are among the most popular products in the cannabis market today, gaining ground year after year. According to Headset data, pre-rolls are the third largest category in cannabis retail, accounting for fifteen percent of dispensary sales in 2023. The convenience and cost have consumers elated, offering brands an easy way to introduce their bud to new audiences...

AFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit Facilities

Sunburn Cannabis logo
WEST PALM BEACH, Fla. -- AFC Gamma, Inc. today announced that it has provided a total of $34.0 million in debt capital across two senior secured credit facilities to High End Holdings, LLC and Green Sentry Holdings, LLC d/b/a Sunburn Cannabis, a private, vertically integrated, single-state Florida operator. Sunburn intends to use the proceeds from the credit facilities to...

Organigram Invests in U.S.-Based Open Book Extracts

Jupiter Open Book Extracts Organigram
TORONTO -- Organigram Holdings Inc. is pleased to announce a US $2 million minority investment in Steady State LLC (d/b/a Open Book Extracts) (“OBX”) in the form of a convertible note. Based in Roxboro within North Carolina’s “Research Triangle,” OBX specializes in legal cannabinoid ingredient production and serves as a one-stop formulation and finished goods manufacturer, simplifying its clients’ supply...

Dispensary-Agnostic Rewards Program Launches

Jane Gold
SANTA CRUZ, Calif. -- Jane Technologies, Inc. ("Jane"), a leading e-commerce provider, today announced Jane Gold, a first-of-its-kind consumer rewards program built to benefit the entire industry ecosystem. This patented technology allows cannabis brands that cannot ship direct-to-consumer the ability to provide exclusive cash-back rewards to consumers across Jane's dispensary partner network. Jane Gold makes getting cash back on cannabis purchases...

MediPharm Labs Reports Fourth Quarter and Full Year 2023 Results

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TORONTO - MediPharm Labs Corp., a pharmaceutical company specialized in precision-based cannabinoids, today announced its financial results for the full year and three months ended December 31, 2023. Select Highlights 2023 full year revenue increased approximately 50% to $33M versus prior year of $22M. 2023 full year Adjusted EBITDA(1) improved 50% to negative $10M in 2023 from negative $21M in 2022. Q4 2023 gross...

Organigram Seeks C$25M in Public Offering

Organigram-Holdings-logo-mg-magazine-mgretailer
TORONTO -- Organigram Holdings Inc. has entered into an underwriting agreement with ATB Securities Inc., as lead underwriter, on behalf of itself and a syndicate of underwriters to sell 7,740,000 Units at a price of C$3.23 per Unit for total gross proceeds of approximately C$25 million. The Company has granted the underwriters an over-allotment option exercisable, in whole or in...

GOOD SHROOM REPORTS Q2 FY-2024 FINANCIAL RESULTS

The Good Shroom Co. logo
MONTREAL - The Good Shroom Co Inc., an emerging player in the Canadian cannabis industry which owns and operates a portfolio of brands that include cannabis products and wellness beverages, announces its financial results for the quarter ended January 31, 2024. Readers are encouraged to review the financial statements and the accompanying Management's Discussion and Analysis available at www.sedar.com. FINANCIAL HIGHLIGHTS The Company...

ILGM Cannabis Seed Bank Appoints Ernst Rustenhoven Chief Executive Officer

ILGM logo
MODESTO, Calif. — California-based cannabis seed bank I Love Growing Marijuana (ILGM) today announced the appointment of Ernst Rustenhoven as Chief Executive Officer (CEO). Rustenhoven, formerly a consumer-focused venture capital investor, initiated his career in investment banking, honing his expertise in strategy and deal advisory for fast-growing e-commerce businesses. With over 15 years of experience, he brings a wealth of business acumen and...

PAX Becomes first Cannabis Brand to Achieve Plastic Negative Certification Across All Product Lines

rePurpose Global Impact Project Buenaventura 8
SAN FRANCISCO — PAX, a leading global cannabis brand, today announced a new program to reduce plastic waste. Through a partnership with rePurpose Global, the world’s leading Plastic Action Platform, PAX has become the first brand in the cannabis space to achieve Plastic Negative certification across all existing product lines. This certification includes PAX Mini and Plus, PAX Era...