4Front Ventures Reports Second Quarter 2024 Results

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PHOENIX - 4Front Ventures Corp., a vertically integrated multi-state cannabis operator and retailer, reported its results for the quarter ended June 30, 2024. All financial information is presented in U.S. dollars unless otherwise indicated. Q2 2024 Financial Highlights GAAP revenue from continuing operations of $18.7 million Adjusted EBITDA of $2.6 million Management Commentary "As I look back on our second quarter, I am incredibly proud of our...

Khalifa Kush to Launch in Germany with Sanity Group

Khalifa Kush
LOS ANGELES -- Khalifa Kush, the premium cannabis brand founded by multi-platinum-selling, GRAMMY- and Golden Globe-nominated recording artist Wiz Khalifa, will enter the German medical cannabis market in early 2025 through a strategic multi-year partnership with Berlin-based Sanity Group and its leading medical cannabis brand, avaay Medical. Beginning in January 2025, avaay will introduce two exclusive Khalifa Kush strains in the...

Study: FlackTek Technology Preserves Terpenes

FlackTek
LANDRUM, S.C. -- In a new study titled "Preserving Terpenes in Cannabis Concentrates During Solvent Purging: The Gentle Approach of FlackTek," researchers at Cambium Analytica, a leader in analytical testing, product development and contract research and development for the food, dietary supplement and botanical industries, have demonstrated how FlackTek's advanced technology significantly conserves terpenes during solvent purging. Terpenes, known for their...

A Solid Foundation for Vape Industry Safety Standards

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The federal government most likely will reschedule cannabis sometime this year. This reform makes it more pressing than ever for the vaporizer sector to proactively develop and promote scientific testing and research to establish the proper foundation for industry standardization and potential federal regulations. If we, as an industry, do not allocate the necessary resources for comprehensive research and advocacy,...

Why Dispensaries and Brands Need Effective Secret Shopper Programs

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Traditional consumer packaged goods companies have relied on “secret shopper” programs since the 1970s to collect valuable feedback on brands and services in real retail settings. According to the U.S. Bureau of Labor Statistics, thousands of people are employed across the country as mystery shoppers in what’s grown into a multibillion-dollar industry. But in the highly regulated cannabis industry,...

Curio Wellness, Ascend Sign Manufacturing and Distribution Partnership

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TIMONIUM, Md. -- Curio Wellness, a cGMP-certified, vertically integrated manufacturer and retailer of health and wellness products, and Ascend Wellness Holdings, a multi-state, vertically integrated cannabis operator, sealed a strategic manufacturing and distribution partnership. Under the partnership, Ascend will manufacture and distribute Curio Wellness' industry-leading products in Illinois, New Jersey, and Massachusetts, and Curio will manufacture and distribute Ascend's Ozone products in...

Greentank Reveals First-of-its-Kind Aerosolization Chip

Greentank aerolization chip
TORONTO - Greentank revealed its new Heating Chip, a first of its kind heating element that redefines atomization technology and liquid delivery systems. The Heating Chip utilizes a proprietary nanofabricated microchip design and advanced microfluidics to vaporize liquids. Constructed from 100% biocompatible materials, the Heating Chip™ sets a new standard for safety and efficacy in heated atomization technology. Greentank's Heating Chip marks a...

Canopy Growth Reports First Quarter Fiscal Year 2025 Financial Results

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SMITHS FALLS, ON - Canopy Growth Corporation released its financial results for the first quarter ended June 30, 2024 ("Q1 FY2025"). All financial information is reported in Canadian dollars unless otherwise indicated. Highlights Achieved Gross profit of $23MM in Q1 FY2025 representing a 67% increase over the first quarter ended June 30, 2023 ("Q1 FY2024"), despite a decline in consolidated net revenue. Delivered consolidated...

Sensory Adventure on the High Seas

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Historically, the country has looked to California for clues about cannabis. After all, the Golden State was the first to legalize medicinal use and among the first to go recreational. California also gave us advocacy legends Brownie Mary and Denis Peron and cultivation mecca the Emerald Triangle. But despite all the plant progressiveness, one region in the southern part...

GrowGeneration Reports Second Quarter 2024 Financial Results

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DENVER -- GrowGeneration Corp., one of the largest retailers and distributors of specialty hydroponic and organic gardening products in the United States, today announced financial results for the second quarter ended June, 30, 2024. Second Quarter 2024 Summary Net sales increased 11.8% quarter-over-quarter to $53.5 million; Proprietary brand sales as a percentage of Cultivation and Gardening net sales increased to 21.5% as...