DENVER -- Matthew Melander has been appointed President of Sun Theory, bringing a wealth of experience and a proven track record of leadership to his new role. Melander will continue to propel the company's expansion initiatives, focusing on mergers and acquisitions and serving as a key liaison with the investor community. Melander reports to Connor Oman, CEO and Co-Founder, Sun Theory Holding...

SAUKVILLE, Wis. – Pope Scientific, a leader in precision distillation and separation technologies, debuted its new CE-Certified WFC-200 2” Wiped Film Still. The latest addition to Pope’s equipment lineup marks a significant step forward in safe, portable, high-performance distillation systems tailored to the global cannabis sector’s evolving needs. Going beyond simply incorporating CE components, Pope has created the WFC series...

TROY, Mich. -- Agrify Corporation, a provider of branded solutions for the cannabis and hemp industries, reported financial results for the quarter ended September 30, 2024. Third Quarter 2024 Financial Results Summary Revenue was $1.9 million for the third quarter of 2024 Gross profit was $0.2 million for the third quarter of 2024  Net loss for the third quarter of 2024 was $18.6 million, primarily attributed to...

COSTA MESA, Calif. - Gold Flora Corporation, a leading vertically integrated California cannabis company, announced its financial results for the three month period ("Q3 2024"). All amounts are expressed in U.S. dollars. Q3 2024 Financial Highlights Total revenue of $32.6 million; Q3 2024 gross profit of $13.5 Million, representing a 41% gross margin; Q3 2024 adjusted gross profit of $21.1 million, representing a 65% adjusted...

LOS ANGELES -- In a pivotal ruling, the Los Angeles Superior Court has cleared the way for Genius Fund I ABC LLC to proceed with its mismanagement lawsuit against former co-CEOs Ari Stiegler and Gabriel Borden. The lawsuit alleges gross mismanagement that led to the rapid downfall of Genius Fund, a cannabis venture once poised to be a leader in California's...

CALGARY, AB - SNDL Inc.'s board of directors has approved the renewal of its share repurchase program upon the expiry of its current share repurchase program on November 20, 2024. The Share Repurchase Program authorizes the Company to repurchase up to C$100 million of its outstanding common shares from time to time at prevailing market prices, enabling SNDL to opportunistically return value to shareholders. Pursuant to the Share Repurchase...

TORONTO - Nova Net Lease REIT, a real estate investment trust with investments in cannabis-related properties in the U.S., entered into a unit purchase agreement with Bluebird Real Estate Holdings LLC, an affiliate of DRN Holdings LLC, pursuant to which Bluebird will acquire all of the Class A units of Nova Net Lease Operating LLC from Verdant Growth Properties Corp., a...

PHOENIX - 4Front Ventures Corp., a vertically integrated multi-state cannabis operator and retailer, today announced its results for the quarter ended September 30, 2024. All financial information is presented in U.S. dollars unless otherwise indicated. Q3 2024 Financial Highlights GAAP revenue from continuing operations of $17.1 million Adjusted EBITDA of $1.0 million Management Commentary "I'm encouraged by the solid progress we've made this quarter, reflecting 4Front's...

WASHINGTON -- Lifetime cannabis use is not associated with cognitive decline, according to longitudinal data published in the journal Brain and Behavior. Danish investigators assessed the relationship between cannabis use and age-related cognitive decline in a cohort of 5,162 men. Subjects’ IQs were assessed during early adulthood (mean age: 22) and then again in late midlife (mean age: 62). Researchers determined...

COSTA MESA, Calif. - Mark Castaneda has ended his service as a member of Gold Flora Corporation's board of directors, effective November 30, 2024. Mr. Castaneda also served as the Chairman of the Audit Committee of the Board of Directors and a member of the Compensation Committee. "On behalf of the Board and everyone at Gold Flora, we would like to...