Futurola, Snoop Dogg Partner to Create International Accessories Brand

Snoop Dogg wearing Futurola jacket mg Magazine
LOS ANGELES – Rap legend, entrepreneur, and cannabis flower connoisseur Snoop Dogg and iconic smoking-accessories brand Futurola have sealed a partnership that will release a line of co-branded cannabis accessories. The first products are expected to launch worldwide later this year. “I’m excited about this collaboration,” Snoop said. “Futurola is the industry leader, and the products are innovative and of...

Sunburn Cannabis Secures New Investment from Poseidon

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FORT LAUDERDALE, Fla. -- Sunburn Cannabis, a Florida-based and vertically integrated cannabis operator, announced today their most recent capital investment from Poseidon, a leading venture capital fund focused on the cannabis industry. Sunburn also announced the appointment of Poseidon co-founder Emily Paxhia to the Company's Board of Managers. Poseidon is an early investor in Sunburn having made their initial investment...

C21 Investments Reports First Quarter Results

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VANCOUVER, BC - C21 Investments Inc., a vertically integrated cannabis company, today announced the filing of its unaudited financial statements and management discussion and analysis for its first quarter ending June 30, 2024, on SEDAR. The Company's financial statements are prepared in accordance with U.S. Generally Accepted Accounting Principles. All currency is reported in U.S. dollars. The Company recently changed its...

Teamsters Secure Two Wins at Zen Leaf Cannabis

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CHICAGO — Teamsters Local 777 won both a new collective bargaining agreement and an election at Zen Leaf in less than one week. Zen Leaf is a subsidiary of the multi-state operator Verano Holdings. On August 8, cannabis advisors and agents-in-charge at the Zen Leaf dispensary in Rogers Park, Ill., voted to ratify their first Teamsters contract. The following Tuesday,...

Cannabition, Music Producer Tom Rothrock Collaborate

Tom Rothrock x Cannabition
LAS VEGAS – CANNABITION: An Elevated Immersive Experience announced an innovative collaboration with renowned music producer, record label owner and composer Tom Rothrock. Known across the globe for his work with iconic artists such as Beck, Elliott Smith, Moby, the Foo Fighters, James Blunt and more, Rothrock will bring his passionate approach to music to CANNABITION, curating custom musical compositions...

Safe Harbor Financial Releases Q2 Earnings Report

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GOLDEN, Colo. -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial, a leader in facilitating financial services and credit facilities to the regulated cannabis industry, reported its financial results for the second quarter and six months ended June 30, 2024. Second Quarter 2024 Financial and Operational Summary Net Income increased to approximately $0.9 million, compared to a net loss of approximately $17.6 million in...

Canopy Growth CEO David Klein to Retire

David Klein Canopy Growth CEO mg Magazine
SMITHS FALLS, Ontario - David Klein, Canopy Growth's chief executive officer, will retire at the conclusion of the Company's current fiscal year ending March 31, 2025. Until this date or such time that a successor is named, Mr. Klein will continue in his role as CEO and as a member of the Company's Board of Directors to advance Canopy Growth's...

Auxly Reports Q2 2024 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 six months ended June 30, 2024. These filings and additional information regarding Auxly are available for review on SEDAR+ at www.sedarplus.ca. Q2 2024 Highlights and Subsequent Events The Company continues to achieve record-breaking financial results and establish new benchmarks...

Simply Solventless Reports Second Quarter Results

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CALGARY, AB - Simply Solventless Concentrates Ltd. reported its Q2 2024 results, including record gross revenue of $4,232,663, record EBITDA of $1,282,696 (adjusted EBITDA of $952,986), record net income of $1,220,708 (normalized net income of $890,725), and annualized net income of $0.096 per share. All Q2 2024 results exceed the Q2 2024 guidance provided by SSC in its news release dated May 27,...

iAnthus Reports Second Quarter 2024 Financial Results

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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 second quarter ended June 30, 2024. The Company's Quarterly Report on Form 10-Q, which includes its unaudited interim condensed consolidated financial statements for the three and six months ended June 30, 2024...