Conception Nurseries Launches ‘Generation Zero’ Hardened Tissue Clones
SACRAMENTO, Calif. -- Conception Nurseries, a cannabis micropropagation company that provides performance-tested tissue culture launched TrueClones™ X. The new line of Generation Zero hardened tissue culture clones are larger and stronger, requiring less time acclimating, allowing cannabis cultivators to speed up their growing process, reduce production costs and increase revenue. Expertly grown and vigorously tested to deliver pest-free and virus-free...
Parkway Named People’s Choice Award Winner for Best Dispensary Central Illinois
TILTON, Ill. -- On September 28, Parkway Dispensary, a local retail cannabis dispensary operated by Illinois social equity pioneers, The 1937 Group, will celebrate its 1st anniversary along with recently being awarded the 1st Place People's Choice Award for Best Dispensary Central Illinois by The News-Gazette.
Attendees will be able to enjoy live music, games/prizes, food and drinks, as well as on-site...
LeafLink Launches Payment Option for Cannabis to Address Delinquent Payments
NEW YORK -- LeafLink, a leading cannabis wholesale platform, launched Payment on Sell Through (PoST), a first-of-its-kind payment option for cannabis wholesale that guarantees payments to brands as retailers pay for what they sell. After Direct Pay and FlexPay, PoST marks the 3rd payment option offered in the LeafLink platform. In July, LeafLink acquired Dama Financial to offer customers access to...
Ispire Reports Fiscal Year-End 2024 Financial Results
LOS ANGELES – Ispire Technology Inc., an innovator in vaping technology and precision dosing, reported results for the fiscal year 2024, which ended on June 30, 2024, and filed its annual report on Form 10-K with the U.S. Securities
and Exchange Commission.
Fiscal Year 2024 Financial Results
Revenue increased 31.4% to $151.9 million as compared to $115.6 million in the 2023 fiscal year.
Gross profit increased 43.3% to $29.8 million compared to...
Documentary Plans to Go Inside Rise, Fall of Marijuana’s First Billion Dollar Brand, MedMen
NEW YORK -- Bungalow Media + Entertainment, a leading independent production company, and writer/producer Zach Goldbaum, are shopping a three-part limited series on Adam Bierman and the iconic brand he built, MedMen, the first billion-dollar cannabis company in the U.S. The series will be based on Bierman's forthcoming tell-all book, Weed Empire: How I Battled Gangsters, Investment Banks, and the Department...
C3 Industries Expands Missouri Cannabis Cultivation Facility by 50,000 Square Feet
ANN ARBOR, Mich. -- C3 Industries, a leading multistate cannabis company, expanded its cultivation facility in O'Fallon, Missouri, through an ongoing partnership with NewLake Capital Partners. The 50,000 square foot addition features cutting-edge automation and environmental control systems, significantly increasing the Company's production capacity in the state.
"This expansion is a major milestone for C3 Industries in Missouri and our partnership...
Pelorus Fund REIT Files Complaint to Place StateHouse Holdings into Receivership
NEWPORT BEACH, Calif. -- Pelorus Fund REIT LLC., a private mortgage real estate investment trust and significant owner of debt issued to StateHouse Holdings Inc., a California-focused, vertically integrated cannabis company, filed a complaint requesting the immediate appointment of a Receivership over the Company in the Superior Court of The State of California.
This action follows the Company's default on four...
4Front Ventures Retains Canaccord Genuity to Optimize Capital Structure
PHOENIX - 4Front Ventures Corp., a vertically integrated, multi-state cannabis operator and retailer, has retained Canaccord Genuity Corp. to lead its ongoing efforts to consolidate and streamline its capital structure. The immediate focus will be on exploring opportunities for refinancing existing debt and raising fresh growth capital, while also considering a full range of operational and strategic alternatives, with the ultimate...
Simply Solventless Acquires ANC Inc.
CALGARY, AB - Simply Solventless Concentrates Ltd. ("SSC") has entered into a definitive share purchase agreement to acquire all of the shares of ANC Inc.. In addition, SSC will exercise of its right to accelerate the expiry of approximately 15,000,000 of SSC's outstanding common share purchase warrants that have an exercise price of $0.20 per warrant, which are currently set to expire on...
5 Ways to Grow a Small Business
Growing a business is a massive challenge, even on the best of days, but it’s absolutely a manageable task. You just have to know the fundamentals and how to find what you need.
There isn’t any real secret to growing a business: It’s about understanding the customers you serve and improving your products and services to fit their needs. To...