Molecule Holdings Inc. Amends and Converts Unsecured Debentures
DUNDAS, ON - Molecule Holdings Inc., a Canadian craft-focused cannabis beverage production company, on November 28, entered into amending and settlement agreements with certain holders of 8% unsecured convertible debentures issued on September 17, 2020, July 30, 2021, and August 11, 2021, that had previously matured, to amend the terms of the Unsecured Debentures, resulting in the settlement and conversion of the Unsecured Debentures.
Prior...
RIV Capital Reports Financial Results for Q3 2024
TORONTO - RIV Capital Inc., a firm dedicated to developing a multi-state platform of cannabis brands in the United States, released its financial results for the third quarter ended September 30, 2024 ("Q3 2024"). All financial information is reported in U.S. dollars unless otherwise indicated.
Management Commentary
"Since the launch of adult-use sales in New York this year, we have achieved significant...
Tokyo Smoke Completes Restructuring Process
TORONTO - Tokyo Smoke, an award-winning cannabis retailer, completed its restructuring process and exited from Companies' Creditors Arrangement Act ("CCAA") protection following final approval from the Ontario Superior Court of Justice.
The majority of Tokyo Smoke's retail locations were unaffected by the restructuring, and there will be no disruption or change to the Company's online business, or to The High Roller...
Cansortium Reports Third Quarter 2024 Results
TAMPA, Fla. - Cansortium Inc., a vertically-integrated, multi-state cannabis company operating under the FLUENT brand, reported its financial and operating results for the quarter ended September 30, 2024. Unless otherwise indicated, all financial results are presented in U.S. dollars.
"We completed the third quarter by delivering our 12th consecutive quarter of positive cash flow from operations as well as steady year over year...
MTL Cannabis Corp. Reports Second Quarter Results
PICKERING, ON - MTL Cannabis Corp. filed financial statements for the three-month and six-month periods ending September 30, 2024, and 2023.
Second Quarter 2025 Consolidated Financial Highlights for MTL
Income Statement
Revenue of $26,434,502, an improvement of $2,219,133, or 9%, compared to $24,215,369 in the same quarter of last year.
Net Revenue of $20,869,898, an improvement of $1,694,128, compared to $19,175,770 in the same quarter...
CanadaBis Capital Reports Financial Performance for Fiscal Year-End 2024
CALGARY, AB - CanadaBis Capital, a leader in the Canadian cannabis industry, reported its financial results for the year ending July 31, 2024. The company reported a positive net income of $600,285, marking a significant achievement as CanadaBis continues to grow and solidify its position in the market.
Key Financial Highlights for the Fiscal Year
Net Income: CanadaBis Capital achieved a positive net...
More Ontario Drivers Admit to Driving After Consuming Cannabis
THORNHILL, ON - A recent survey conducted by Canadian Automobile Association South Central Ontario (CAA SCO) found substance use, specifically cannabis, is on the rise for Ontarians. According to the study, over half (53 per cent) of Ontario drivers have ever tried cannabis, a 14 per cent increase from last year.
The issue here is that as more Ontarians are using cannabis,...
Canopy Expects to Finalize Acreage Deal Dec. 9
SMITHS FALLS, Ontario - Canopy Growth Corporation anticipates its subsidiary Canopy USA LLC will complete its acquisition of Acreage Holdings Inc. on or around December 9, subject to the satisfaction or waiver of closing conditions set out in the Arrangement Agreements.
Canopy Growth and Acreage are party to an arrangement agreement dated April 18, 2019, as amended, relating to the proposed acquisition of all issued...
Marketing Plans That Scale with Your Business
Over the seven years since it was launched, Massachusetts-based marketing agency Cannabis Creative Group has grown into a trusted industry partner, offering tailored services that help brands connect with both consumers and other businesses. A specialized division of Champ Digital, the agency is backed by a fifty-person team with sixteen years’ experience across diverse industries including food and beverage,...
Empowered Women: Breawna Lewis
Breawna Lewis is a budtender at the iconic Cookies Melrose dispensary in the heart of Los Angeles, where her passion for cannabis and its healing properties shine. For Lewis, working at a dispensary isn’t just about recommending products; it’s about fostering genuine connections with consumers, empowering other women, and helping everyone find the relief they deserve.
We spoke with Lewis...