Ispire Reports Fiscal First Quarter 2025 Earnings Results

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LOS ANGELES -- Ispire Technology Inc., an innovator in vaping technology and precision dosing, reported results for the fiscal first quarter 2025, which ended on September 30, 2024, and anticipates filing its annual report on Form 10-Q with the U.S. Securities and Exchange Commission on November 12, 2024. Fiscal First Quarter 2025 Financial Results Revenue was $39.3 million as compared to $42.9...

Innocan Shifts Focus to Pet Products

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HERZLIYA, Israel, and CALGARY, Canada -- Innocan Pharma Corporation, a pioneer in the pharmaceutical and biotechnology industries, has taken the strategic decision to focus its development resources on advancing its groundbreaking Liposome Platform Technology-Cannabidiol (LPT-CBD), a monthly injectable treatment for chronic pain in both animals and humans. This decision follows encouraging progress with the U.S. Food and Drug Administration (FDA). Innocan...

AWH Reports Q3 2024 Financial Results

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MORRISTOWN, N.J. - Ascend Wellness Holdings Inc., a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for the three months ended September 30, 2024 ("Q3 2024"). Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and all currency is in U.S. dollars. Business Highlights Commenced adult-use sales at five dispensaries in...

Eaze Inc. Secures $10 Million to Reorganize, Reopen

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LOS ANGELES – Like a Phoenix rising from the ashes, now-defunct Eaze Technologies Inc. will be reborn as Eaze Inc. following a capital injection of $10 million in Series B funding. Once known as “the Uber of Weed” and valued at $700 million, delivery-service-cum-multistate-retailer Eaze Technologies was acquired at auction by holding company FoundersJT after the latter's owner, Netscape co-founder...

Deep Roots Harvest Supports Veterans with 2nd Annual Donations

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LAS VEGAS — In grateful recognition of the sacrifices made by U.S. military veterans and their families, Deep Roots Harvest is commemorating Veterans Day by providing financial support to veterans organizations across Nevada. “We are honored to serve the needs of our veteran customers and their families, and we look forward every year to honoring them even more on Veterans Day,”...

Sanctuary Cannabis Launches Holiday Donation Drive for Strengthen Our Sisters Shelter

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SCOTCH PLAINS, N.J. -- Sanctuary Cannabis, a community-centered dispensary in Scotch Plains, NJ, will host a special holiday donation drive benefiting Strengthen Our Sisters, a local shelter dedicated to supporting battered women and children. As the holiday season approaches, Sanctuary Cannabis is inviting the community to help bring warmth, joy, and comfort to families in need. From now through December, Sanctuary...

Auxly Reports Q3 Results

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TORONTO - Auxly Cannabis Group Inc. a leading consumer packaged goods company in the cannabis products market, released its financial results for the three and nine months ended September 30, 2024. Q3 2024 Highlights and Subsequent Events Net revenues of $33.3 million, an increase of 18% year-over-year and 14% quarter-over-quarter; Gross Margin on Finished Cannabis Inventory Sold of 47% in the quarter, an improvement of...

Canopy Growth Reports Second Quarter Fiscal Year 2025 Financial Results

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SMITHS FALLS, ON - Canopy Growth Corporation reported its financial results for the second quarter ended September 30, 2024 ("Q2 FY2025"). All financial information is reported in Canadian dollars, unless otherwise indicated. "We delivered a solid second quarter led by strong growth across our Storz & Bickel, Canadian medical, and European cannabis businesses and we are well positioned to accelerate momentum...

Illinois Hemp Business Owners Urge Lawmakers to Reject Proposed Agriculture Rule

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CHICAGO -- Hemp businesses advocating for responsible industrywide regulations urge members of the Joint Committee on Administrative Rules to reject an Illinois Department of Agriculture proposed rule regulating hemp. The proposed regulations would criminalize the sale and transport of hemp products not purchased through a licensed cannabis dispensary, fueling a renewed "War on Drugs" and eliminating paths to social equity while harming...

Indigenous Opportunities in Cannabis

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The Eastern Band of Cherokee in the territorial boundaries of North Carolina recently opened a dispensary, despite marijuana being illegal in the state. Likewise, the White Earth Band of Ojibwe opened a cultivation facility and dispensary on its tribal lands as the State of Minnesota legalized marijuana possession. The White Earth Nation, along with the other ten federally recognized...