COSTA MESA, Calif. - Gold Flora Corporation, a leading vertically-integrated California cannabis company, announced its  financial results for the three-month period ("Q4 2023") and twelve-month period ("FY 2023") ended December 31, 2023. All amounts are expressed in U.S. dollars. Q4 and FY 2023 Financial Highlights Total revenue was $28.4 million for Q4 2023 and $91.0 million for FY 2023. Q4 2023 gross profit of $13.2 million,...

In the cannabis industry, no day is more anticipated than April 20, or “4/20” in the vernacular. Often referred to as the industry’s “high holy day” or unofficial holiday, companies and individuals mark the day with product launches, promotional offers, and community events. Legal businesses seize opportunities to drive sales and create goodwill, making the period leading up to...

DENVER -- Veriheal is now accepting submissions for its “Cannabis Education and Research Collection.” This collection seeks to close the gap between cutting-edge research and public knowledge of the plant’s vast potential by highlighting the perspectives and expertise of the next generation of cannabis professionals. For this collection, the company welcomes research on a range of themes, including but not...

DENVER — Cannabis policy and public affairs firm VS Strategies has changed its name to Strategies 64. There will be no changes to its team, which will continue to be available to provide background and commentary on a broad range of cannabis- and psychedelics-related issues at the national, state, and local levels. The firm comprises some of the nation’s leading...

TORONTO; GLIL YAM, Israel; and KELOWNA, BC. -- IM Cannabis Corp., a leading medical cannabis company with operations in Israel and Germany, and Avant Brands Inc., a leading producer of cannabis products, signed an international trademark licensing agreement granting Adjupharm GmbH, IMC's German subsidiary the exclusive right to launch the BLK MKT™ brand in the German medical cannabis market. Under the terms of the Trademark...

LAS VEGAS – Las Vegas Cannabis Weddings, which allows couples to tie the knot with pot, in a grow house or inside a dispensary, is launching a “Puff, Puff, Part Ways” divorce party package, catering to those looking for a unique divorce celebration. The two-and-a-half-hour divorce party experience will include a guided visit to a dispensary, consumption lounge and strip...

SAN DIEGO, Calif. – StandardC, a leader in business identity solutions, named FundCanna its preferred lending partner. StandardC works with a network of banking and financial service providers to transform risk and compliance for cannabis banking, business banking, insurance, lending, payroll and more. In the capital-intensive sector, the partnership between StandardC and FundCanna empowers cannabis businesses by providing greater access to...

ROYAL OAK, Mich. – Baker College continues to expand its academic offerings for individuals interested in future-focused industries with the addition of three cannabis certificates designed to provide job skills training for those interested in a cannabis career. Michigan retailers sold more than $3 billion in adult-use and medical products in 2023–$305 worth of products per person in the state...

The cannabis industry’s rapid expansion continues to present both opportunities and challenges. As the market matures, companies must adapt and strategize to thrive in an increasingly competitive and regulated environment. The robust growth of the industry has led to market saturation, intensifying competition, and reduced investment, resulting in price declines and financial strain for many businesses. To compound these challenges, operational...

NEW YORK – The average price for a pound of cannabis flower fell 8.1 percent nationally in 2023 to around $995, but cultivators in Alaska, Ohio, and Missouri still enjoy the hefty wholesale prices from a largely bygone era. According to a new report from Leaflink, Alaska leads the country with an average wholesale flower price of $2,374.74 per pound,...