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MedMen Reports 55% Year-Over-Year Quarterly Revenue Growth and Second Consecutive Quarter of Growth in Both Revenue and Retail Adjusted EBITDA

LOS ANGELES–(BUSINESS WIRE)–Fiscal Q4 and Full Year 2021 Earnings READ MORE: http://www.businesswire.com/news/home/20210923005896/en/MedMen-Reports-55-Year-Over-Year-Quarterly-Revenue-Growth-and-Second-Consecutive-Quarter-of-Growth-in-Both-Revenue-and-Retail-Adjusted-EBITDA/?feedref=JjAwJuNHiystnCoBq_hl-W8j9Oi60kFTomUxRDB8jhB7TDOU5CqE9t5WwBA1inzlrCOi9QzgjCezTS3Nw_X6kJUrpSBm-Hav1w-UkdSlG3kCXJZE-1b1nXn968wYfofVIbE9ZC1pD3bt6lQgRU5j6g==

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Announces Final Regulatory Approval for Prior Acquisition of Four California Cannabis Licenses

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced the long-awaited completion of the transfer of cannabis licenses related to strategic activity from 2019 by the state of California and the city of Los Angeles. According to the update, the company, on June 9, 2019, entered into a material definitive agreement with LW Ventures…

The Good Shroom wins approval to sell its cannabis beverages and hash products in Quebec

The Good Shroom Co Inc has announced that its wholly-owned subsidiary and licensed cannabis processor, operating as Seul CBD, has been approved by the Société Quebecoise du Cannabis to sell the company’s Velada wellness beverage brand and Nordique Royale hash brand in the Canadian province of Quebec.   Good Shroom said its cannabis products are expected to be available for purchase by consumers in…

Simply Sonoma Inc. Establishing Organic Presence in Multibillion-Dollar CBD Industry

Statista report notes that the global cannabidiol market size is expected to expand at a compound annual growth rate of 21.2% from 2021 to 2028 Increasing awareness of CBD’s therapeutic benefits have influenced buyers to buy cannabidiol products, regardless of their cost Simply Sonoma, a CBD company focused on building a reputation as a leader in plant-based medicinal health and…

Hempsana Receives Amended Sales License Allowing Sale of Cannabis 2.0 Products

September 23, 2021 08:00 AM Eastern Daylight Time TORONTO–(BUSINESS WIRE)–Hempsana Holdings Ltd. (the “Company” or “Hempsana”) is excited to announce that the Company has received approval from Health Canada to amend their cannabis licence to authorize the activity of sale of cannabis extracts, beverages, edibles, and topical products. The amended licence will allow Hempsana to supply and sell finished cannabis…

Crain Communications Enters Cannabis WIth Acquisition of Green Market Report

By Exec Edge Editorial Staff New York based Green Market Report, launched in 2017, has been acquired by one of the world’s largest and most respected global business media conglomerates, Crain Communications. Since its inception, Green Market Report has worked to remain the most trusted business news source in cannabis media. Co-founders Debra Borchardt, Cynthia […] READ MORE: https://finance.yahoo.com/news/crain-communications-enters-cannabis-acquisition-154821272.html?.tsrc=rss

Tilray to Announce First Quarter Fiscal 2022 Financial Results on October 7, 2021

NEW YORK & LEAMINGTON, Ontario–(BUSINESS WIRE)–Tilray, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY; TSX: TLRY) announced that the Company will release financial results for its first quarter fiscal 2022 ended August 31, 2021 before financial markets open on Thursday, October 7, 2021. Tilray executives will host a conference call and live audio webcast to discuss these results at 8:30 am…

Sugarmade Inc. (SGMD) Signs Agreement to Gain Key Licenses for Planned Cannabis Delivery Expansion

SGMD anticipates using the licenses for three new vertically integrated Nug Avenue cannabis delivery hubs Each of the licenses can be used for up to three of five categories of licensed cannabis-related business activities Definitive agreement aligns with announcement that Sugarmade has acquired LA property for first of new Nug Avenue cannabis delivery hubs In its continued focus on building…

Canadian Cannabis Sales Increased 46% in July to Record $339 Million

Statistics Canada released July retail sales for the country this morning, with cannabis sales increasing from June, which had one less day. Sales of C$338.9 million, a record high, rose 6% from June, an acceleration in the sequential gains experienced over the prior three months. The record sales were up 45.6% from a year ago, the lowest […] READ MORE: https://www.newcannabisventures.com/canadian-cannabis-sales-increased-46-in-july-to-record-339-million/

SOL Global to Repurchase Up to $30 Million in Shares Between $4.05 and $4.25

SOL Global Investments Corp. Announces Substantial Issuer Bid Price Range Set Between $4.05 to $4.25 TORONTO, September 23, 2021–(BUSINESS WIRE)–SOL Global Investments Corp. (the “Company” or “SOL Global”) (CSE: SOL) (OTCQ: SOLCF) (Frankfurt: 9SB) is pleased to announce that further to its press release dated September 7, 2021, its board of directors (the “Board”) has […] READ MORE: https://www.newcannabisventures.com/sol-global-to-repurchase-up-to-30-million-in-shares-between-4-05-and-4-25/

Cresco Labs to Acquire Three Pennsylvania Medical Cannabis Dispensaries for $90 Million

Cresco Labs to Acquire Three High-Performing Pennsylvania Dispensaries CHICAGO–(BUSINESS WIRE)–Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today the execution of a definitive agreement to acquire 100% of the outstanding equity interests in Bay, LLC d/b/a Cure […] READ MORE: https://www.newcannabisventures.com/cresco-labs-to-acquire-three-pennsylvania-medical-cannabis-dispensaries-for-90-million/

Cresco Labs to Acquire Three High-Performing Pennsylvania Dispensaries

CHICAGO–(BUSINESS WIRE)–Cresco Labs to Acquire Three High-Performing Pennsylvania Dispensaries READ MORE: http://www.businesswire.com/news/home/20210923005274/en/Cresco-Labs-to-Acquire-Three-High-Performing-Pennsylvania-Dispensaries/?feedref=JjAwJuNHiystnCoBq_hl-W8j9Oi60kFTomUxRDB8jhB7TDOU5CqE9t5WwBA1inzlrCOi9QzgjCezTS3Nw_X6kJUrpSBm-Hav1w-UkdSlG3kCXJZE-1b1nXn968wYfofVIbE9ZC1pD3bt6lQgRU5j6g==