Leaning on Tech for Successful Cannabis Advertising Strategies
Advertising in regulated markets requires more than creativity and compliance. As the industry’s footprint grows across the country, brands face the challenge of standing out in an increasingly crowded market while adapting to shifting sets of disparate regulations. To succeed in the quagmire, cannabis advertisers need strategic insight, innovative technology, and a clear understanding of what makes their brand...
James Bong: Cannabis Royale at MJBizCon 2024
LAS VEGAS – The countdown begins for the most highly anticipated MJBizCon after-party of the year: James Bong: Cannabis Royale. Hosted by Cova Software, this exclusive, cannabis-friendly event will take place on Wednesday, December 4, from 7 p.m. until midnight at a premier venue in Downtown Las Vegas.
Cova Software, a leading provider of cannabis retail point-of-sale (POS) solutions, is known...
Curaleaf Secures New $40 Million Revolving Credit Facility
STAMFORD, Conn. -- Curaleaf Holdings Inc., a leading international provider of consumer cannabis products, completed a new $40 million revolving credit facility with a major commercial regional bank. The credit line will be available to be drawn down as needed for general corporate purposes and working capital needs.
Boris Jordan, Curaleaf Chairman and Chief Executive Officer, commented, "In my first few months...
Ronald Dissinger Replaces Joe Culp as Jones Soda CFO
SEATTLE -- Joe Culp, Jones Soda Co.'s Director of Finance and Interim Chief Financial Officer, resigned from the Company effective November 4 to pursue other endeavors. Ronald Dissinger, a director on the Company's Board of Directors, will serve as Interim Chief Financial Officer until a permanent Chief Financial Officer is identified. Mr. Dissinger has extensive financial leadership experience with the Kellogg...
Innovative Industrial Properties Reports Third Quarter 2024 Results
SAN DIEGO -- Innovative Industrial Properties Inc. (IIP), the first real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, reported results for the third quarter ended September 30, 2024.
Financial Results, Dividend and Capital Raising Activity
Generated total revenues of $76.5 million and net income attributable to common stockholders of $39.7 million, or $1.37...
Curaleaf Reports Third Quarter 2024 Results
STAMFORD, Conn. -- Curaleaf Holdings Inc., a leading international provider of consumer products in cannabis, today reported its financial and operating results for the third quarter ended September 30, 2024. All financial information is reported in accordance with U.S. generally accepted accounting principles (GAAP) and is provided in U.S. dollars unless otherwise indicated.
Boris Jordan, Chairman and CEO of Curaleaf, stated, "Third...
Court Stays Gold Flora Limited-Purpose Receivership
COSTA MESA, Calif. - The Court of Chancery of the State of Delaware has granted a stipulation and order, and an interim report (the "Report") has been filed, staying the previously announced temporary appointment of a limited purpose receiver for Gold Flora Corporation. The appointment was made for the purpose of negotiating a payment plan for law firm fees relating to the matter between two...
NORML: Support for Legalization Remains Strong Despite Election Night Disappointments
WASHINGTON -- Public support for legalizing marijuana remains near its all-time high and momentum in favor of reforming America’s failed cannabis criminalization policies continues to grow despite mixed results on election night.
“Every movement suffers temporary difficulties and disappointments. But our consistent upward trajectory is undeniable,” said NORML’s Deputy Director Paul Armentano, “Public support for legalization has risen 20 percentage points...
HighBridge Premium Launches American Legion Initiative
SHERIDAN, Wyo. -- HighBridge Premium, a Multi-State Organization and maker of infused beverages, recently launched its "American Legion Initiative." The Initiative offers a variety of benefits and incentives to the 12K + Legion Posts and their 2M + members, including alcohol-free alternatives in a social environment. Information, education, and alternatives to traditional medical treatments or over the counter remedies are...
Aurora Cannabis Posts Fiscal 2025 Second Quarter Results
EDMONTON, AB - Aurora Cannabis Inc., a leading Canadian global medical cannabis company, today announced its financial and operational results for the second quarter fiscal 2025.
"Our strong quarterly results demonstrate Aurora's leadership in global medical cannabis and ability to capitalize on opportunities within rapidly growing markets such as Australia, Germany, Poland, and the UK. International revenue increased 93% to $35 million,...