You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Subscribe to receive our free weekly newsletter in […] READ MORE: https://www.newcannabisventures.com/cannabis-stocks-are-primed-after-four-months-of-consolidation/
LAS VEGAS & TORONTO–(BUSINESS WIRE)–Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, today reported its financial and operating results for the fourth quarter and fiscal year ended December 31, 2020. All amounts are in U.S. dollars unless indicated otherwise. “2020 was a transformational year during…
Long before America had a growing state-legal cannabis sector, regular users claimed the controversial drug was a great pain relief option. With more than 30 states now allowing the use of medical marijuana, thousands of patients have been able to get a taste of cannabis’ alleged pain-relief abilities. However, due to marijuana’s controlled status at the federal level, researchers have…
Navigate the fast-moving cannabis sector with 420 Investor, a premium service that sends real-time alerts and explanations of the news below and much more. Summary Connecticut came close but failed to finalize legislation for adult-use. Health Canada added 12 licenses, leaving the total now at 692. 420 Investor model portfolios have gained 56.2-90.2% year-to-date, while the Global […] READ MORE: https://www.newcannabisventures.com/whats-new-with-cannabis-stocks-for-the-week-ending-06-11-21/
Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, can now offer both U.S. and international customers a convenient, one-stop shop to purchase its THC-free, hemp-derived CBD Hourglass-powered products. This is after the launch of its worldwide e-commerce website, www.HourglassOnlineStore.com, in May. A recent article quoted Grapefruit CEO Bradley Yourist as saying, “Grapefruit’s…
Chalice Brands (CSE: CHAL) (OTCQB: CHALF), a consumer-driven cannabis company in medicinal and recreational marijuana market segments, recently completed the acquisition of a chain of five Oregon-based retail dispensaries, known as Homegrown, for a total consideration of about $9.75 million. “This transaction increases Chalice Brands’ retail store footprint from 7 to 12 locations in the state of Oregon,” reads an…
Green Hygienics Holdings (OTCQB: GRYN) and Cinvestav, the Center for Research and Advanced Studies of the National Polytechnic Institute of Mexico, have recently entered a scientific research agreement and are collaborating to develop cannabinoid-based products targeting endocannabinoid system (“ECS”) deficiencies in animals and humans. Green Hygienics intends to leverage the collaboration in addition to its newly launched company, TruLife Biotech…
Exclusive Interview with Jushi Holdings CEO, Chairman and Founder Jim Cacioppo Multi-state operator Jushi Holdings (CSE: JUSH) (OTCMKTS: JUSHF) has built its footprint with a concentration on profitability, and the company continues to actively expand its operations. Jushi Co-Founder and President Erich Mauff spoke with New Cannabis Ventures about the company’s progress in November 2020. […] READ MORE: https://www.newcannabisventures.com/cannabis-operator-jushi-ramps-up-in-these-three-big-states-to-drive-strong-projected-revenue/
Curio Wellness Announces Sizeable Expansion Plans, Beginning With 100,000sq/ft Addition to Timonium Headquarters Plans backed by newly secured $26 million mortgage and $22 million capital raise TIMONIUM, MD, June 11, 2021 – Curio Wellness announces the company’s closing on a $26,000,000 mortgage, with Severn Bank serving as the lead finance partner. The first of its […] READ MORE: https://www.newcannabisventures.com/curio-wellness-inks-26-million-mortgage-with-publicly-traded-severn-bank-leading-financing/
Marijuana sales in Michigan hit record $115.4 million in March, more than twofold increase over March 2020 U.S. marijuana markets forecasted to reach an estimated $45.9 billion in annual sales by 2025 HENC focused on developing “largest vertically integrated cannabis company the world has ever known” The numbers being reported in Michigan’s cannabis space are impressive, and companies operating in…
It is no secret that Amazon is one of the largest companies on earth. In fact, it’s the third largest company worldwide according to available data. Estimates put Amazon’s total online net sales in 2020 at roughly $386 billion dollars. That figure does not appear to include revenue from other products and services that Amazon sells. Amazon has literally revolutionized the way that…
Over the past couple years, farmers have been looking to branch out their growing opportunities. As the prices of row crops fall, agronomists are desperate to improve their financial bottom line. Ever since the 2018 Farm Bill was passed, a number of growers have looked into the hemp industry to make a bang for their buck. Of course, growing hemp…