TORONTO and GLIL YAM, Israel -- IM Cannabis Corp., a leading medical cannabis company with operations in Israel and Germany, has closed its previously announced non-brokered private placement offering through the issuance of 742,517 Units for gross proceed of C$2,138,448.96. Each Unit was sold at a price of C$2.88 per Unit, calculated on the basis of the deemed price per Share equal...

DENVER -- GrowGeneration Corp., one of the largest retailers and distributors of specialty hydroponic and organic gardening products in the United States, reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Summary Net sales decreased 10.2% year over year to $50.0 million for the third quarter 2024, due to 25 less retail locations; Positive same-store sales of...

IRVINE, Calif. -- WM Technology Inc., a leading technology and software infrastructure provider to the cannabis industry, today announced its financial results for the third quarter ended September 30, 2024. "Our third quarter results mark yet another consecutive period of strong financial performance and positive cash flow, underscoring the solid foundation our team has built," said Doug Francis, CEO of...

NEW YORK and TORONTO - iAnthus Capital Holdings Inc., which owns, operates, and partners with regulated cannabis operations across the United States, reported its financial results for the third quarter ended September 30, 2024. The Company's Quarterly Report on Form 10-Q, which includes its unaudited interim condensed consolidated financial statements for the three and nine months ended September 30, 2024...

LOS ANGELES -- Elevate tapped former NBA champion Lamar Odom as its new ambassador. Odom's journey is inspiring, and through this partnership, Elevate hopes to promote wellness and encourage healthier lifestyles. This collaboration is more than a standard endorsement; it represents a joint goal of making wellness accessible to everyone. Odom's life experiences align with Elevate's focus on quality products that support well-being,...

LAKE ELSINORE, Calif. – Gelato Canna Co., one of the most recognized cannabis brands in California and Michigan, will host its third-annual giveaway of 700 Thanksgiving turkeys at its eponymous Lake Elsinore dispensary. The giveaway will start Saturday, November 23, and continue while supplies last. Similar to previous years’ giveaway, there is no purchase necessary to receive a turkey, and...

LINTHICUM HEIGHTS, Md. - The Maryland Office of Social Equity (OSE) has mounted a groundbreaking initiative to gather essential community input that will shape the future allocation of millions in cannabis tax revenue. Through a comprehensive statewide survey, open through November 25, 2024, OSE aims to raise community awareness, understanding, and priorities for the Community Reinvestment and Repair Fund...

Attracting investment is crucial for growth and expansion. Whether your company is a startup looking for seed funding or an established brand wanting to scale, positioning your retail business effectively can make all the difference in catching the eye of potential investors. Let’s explore some key strategies to maximize your potential. Develop a unique value proposition  At the heart of any...

COSTA MESA, Calif. - Gold Flora Corporation closed an additional $2 million draw on its previously announced $13.15 million Senior Loan Facility with J.J. Astor & Co.. To date, the Company has closed on a total of $9.15 million from the Loan Facility, with a further two additional $2.0 million draws available. "This additional draw will further strengthen our balance sheet and support the...

CAMPERDOWN, NSW -- Research by scientists at the University of Sydney has identified a constituent in the cannabis plant that improves sleep. Their report is the first to use objective measures to show the component, known as cannabinol (CBN), increases sleep in rats. The study has been published in the leading journal Neuropsychopharmacology. “For decades, cannabis folklore has suggested that aged cannabis makes...