IRVINE, Calif. -- WM Technology, Inc., a leading technology and software infrastructure provider to the cannabis industry, today announced its financial results for the second quarter ended June 30, 2024. “We are extremely pleased with our accomplishments this quarter, which reflect the hard work and dedication of our entire team,” said Doug Francis, Executive Chair of WM Technology. “Through our...

TORONTO and GLIL YAM, Israel -- IM Cannabis Corp., an international medical cannabis company, announced its financial results today for the second quarter ended June 30, 2024. All amounts are reported in Canadian dollars and compared to the quarter ended June 30, 2023, unless otherwise stated. Q2 2024 Financial Highlights 12% Revenue increase to $14.8M vs. $13.2M in Q2 2023 129% increase in IMC Germany sales vs....

CALGARY, AB - Decibel Cannabis Company Inc., a market leader in premium cannabis and extract manufactured products, reported its unaudited interim financial results for the three and six month period ending June 30, 2024. "Decibel has shown good discipline reducing our current liabilities by ~5mm this quarter. Market share has been challenged but early indications from Qwest relaunch suggest we will regain market...

SAN DIEGO -- CV Sciences, Inc., a consumer wellness company specializing in hemp extracts and other proven science-backed, natural ingredients and products, reported its financial results for the quarter ended June 30, 2024. Second Quarter 2024 and Recent Financial and Operating Highlights Generated revenue of $4.0 million for second quarter 2024, consistent with $4.0 million for the second quarter 2023 and the...

HERZLIYA, Israel, and CALGARY, AB -- Innocan Pharma Corporation, a pharmaceutical technology company focusing on developing drug delivery platform technologies, released its consolidated financial results for the three and six-month periods ended June 30, 2024. Second Quarter 2024 Financial Highlights Revenues increased 177% to US$8.6 million, compared to US$3.1 million in the second quarter of 2023, and increased 28% compared to US$6.8 million...

HAVERILL, Mass. — Massachusetts cannabis retailer Stem in Haverhill hosted more than 200 guests on August 5 for a day of golf and charity celebrating women shaping the nation’s cannabis industry. The Blast in the Grass event, held at the stunning Renaissance Golf Club in Haverhill, MA, raised $10,000 for the YWCA Northeastern Massachusetts, a non-profit organization dedicated to combating...

LOUISVILLE, Ky. -- Cornbread Hemp proudly announces its ranking as the fastest growing hemp company in America via the prestigious Inc. 5000 list for 2024. Having grown nearly 3,000% over the past three years, this recognition highlights Cornbread Hemp's rapid growth and innovation in the hemp industry, marking a significant milestone in the company's journey to become a market leader...

CALGARY, AB - SNDL Inc. will acquire all of the issued and outstanding common shares in the capital of Nova Cannabisnot already owned by SNDL, representing approximately 34.8% of Nova Shares, by way of a statutory plan of arrangement for aggregate consideration of approximately $40 million. All financial information is reported in Canadian dollars unless otherwise indicated. "Today's announcement by our Alberta-based...

TORONTO - MediPharm Labs Corp., a pharmaceutical company specialized in precision-based cannabinoids reported its financial results for the three and six months ended June 30, 2024 ("Q2 2024"). Key Highlights Adjusted EBITDA: Negative $124K in Q2 2024, significantly improved from negative $949K during the three months ended March 31, 2024 ("Q1 2024"), and representing 96% growth versus Adjusted EBITDA for the same quarter...

LAS VEGAS -- Planet 13 Holdings Inc., a leading vertically-integrated multi-state cannabis company, today announced its financial results for the three-month period ended June 30, 2024. Planet 13’s financial statements are prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”). “Q2 was an exciting period for Planet 13, marked by strong financial performance and execution of our growth initiatives. We closed...