This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
HerbalGram, the acclaimed quarterly journal of the American Botanical Council, recently published its 2021 “Herb Market Report,” which included data on sales of CBD as an herbal ingredient in mainstream and natural retail channels in the United States. E-commerce sales of CBD in the U.S. increase in annual sales.
Wood released this statement to the media: “It is no secret that cannabis businesses throughout the state are struggling, whether it’s taxes, compliance cost, competing with the illicit market or other challenges. For small-scale producers to have direct marketing and sales opportunities with consumers is really critical.”
THC edibles, cosmeceuticals and CBD for animal health. By Teri Buhl. A wholesale CBD oil company, called Folium Biosciences, is being accused of siphoning off cash to its founder Kashif Shan and another top executive in a lawsuit filed this week in Colorado state court. Kashif Shan. THC oil, CBD water-soluble technology, CBD 0.0%
A new law criminalizing the possession, use, and sale of cannabidiol (CBD) in Hong Kong has been in full force since its effectuation across the concrete jungle on Wednesday, February 1. It has also been shown to harbor neurological protective effects.
One of the trends driving sales is consumer preference for edibles and concentrates. During the first six months of 2018, cannabis concentrate unit sales rose by a whopping 94.6 per cent, while edibles unit sales have rose more than 13 per cent. per cent rise in sales of dried bud.
PurpleBee’s is Colorado’s largest supplier of wholesale distillate for the CPG market, providing quality distillate to leading vaporizer, concentrates and edibles companies. Schwazze is the parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale. OTCQX: SHWZ. About Schwazze.
Concurrent with closing, the Company’s Fall River retail location has transitioned to medical sales only. Concurrent with closing, the Company’s Fall River retail location has transitioned to medical sales only. The Transaction also includes space available to further expand cultivation capacity. About Cresco Labs Inc.
Sunnyside Philadelphia will feature 10 points of sale with more than 5,500 square feet of space and an array of medical cannabis products displayed by form and function. We’re delighted to begin bringing the Sunnyside retail experience to medical patients in downtown Philadelphia.”. Friday and Saturday. About Cresco Labs Inc.
The sale of cannabis products with THC, CBD or a combination thereof that exceeds the limit authorized by the IMC is prohibited – it is not clear what the criteria will be in this regard. Industrial : covers the sale, import and export, and must be compliant with the laws of the destination or origin foreign country. General Purpose.
Consumers can expect a curated, seed-to-table-like experience. City ordinance allows any products sold in the Cookies Coalinga dispensary, including flower, concentrates and edibles, to be consumed in the lounge. Customers can also purchase cannabis-infused beverages and have them poured over ice. Durian Ave. with Berner in attendance.
This sale marks Cresco Labs’ first sale-leaseback transaction with Aventine. This sale marks Cresco Labs’ first sale-leaseback transaction with Aventine. CHICAGO–(BUSINESS WIRE)– Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), a vertically integrated multistate operator and the number one U.S.
wholesaler of branded cannabis products, today announced flower and pre-rolls from Khalifa Kush are available for sale at Cookies stores throughout California. wholesaler of branded cannabis products, today announced flower and pre-rolls from Khalifa Kush are available for sale at Cookies stores throughout California.
It will feature unique product activations, 21 points of sale and plenty of space to serve patients and customers on high-traffic days when baseball games, concerts and large-scale events are taking place next door,” said Charlie Bachtell, Cresco Labs’ CEO & Co-founder. “To the former site of Chicago’s celebrated John Barleycorn bar.
With the flexibility to continue to leverage non-dilutive funding options like sale-lease-back agreements, we are well-positioned to continue executing on our strategy to build the most important, enduring company in U.S. Sale-and-Leaseback. cannabis.”.
CHICAGO–( BUSINESS WIRE )– Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. The Transaction is expected to close in Q4 of 2021. “As Laurel Harvest Operational Highlights. Approximately 52,000 sq. of indoor grow/processing space.
In fact, the seed-to-sale producer doesn’t even make edibles. If you see a product for sale with our logo outside a licensed Arizona dispensary, it ain’t us.” . The sticker bearing the Delta 8 Oils logo was placed on several edibles being sold at the Southern California smoke shop 500 miles away. . Not so much.
The companies are advertising it as a legal way to get high, touting medical benefits and generally making big promises about what they can deliver, but an investigation from the US Cannabis Council has found illegal levels of delta-9 THC in products for sale around the country. But it can’t really be as bad as it sounds, can it?
And even those who don’t consume have probably run into a cannabis headline in their mainstream media. Reported cannabis sales increased 46% in 2020 alone , and as legalization continues nationwide more and more opportunities to invest are sprouting up. This article is the sixth in a series called, “So you want to start a canna biz?”
In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Ryan Fleming, account executive, and Paul Clifford, senior solution consultant, at Sage Intacct , a cloud accounting and financial management solution for the cannabis industry. Press the Play button below to listen to the podcast. ? Welcome to the podcast.
Cookies debuted this line in time for “Croptober,” the season during which a vast majority of sun-grown cannabis is ready to harvest. With a history dating back to 1960s counterculture, the Emerald Triangle has long been considered the top cannabis growing region in America.
From the moment a cannabis seed is planted to the point it reaches the hands of a patient, a complex and highly regulated process unfolds. Cultivators play a crucial role in nurturing the plant from seed to maturity. Medical marijuana in the United States has undergone a significant transformation.
CHICAGO–(BUSINESS WIRE)– Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. The Transaction is expected to close in Q4 of 2021. “As Laurel Harvest Operational Highlights. Approximately 52,000 sq. of indoor grow/processing space.
This article is the first in a series called, “So you want to start a canna biz?” created in partnership with Good Tree Capital. The first topic we’ll cover is how to start a cannabis business, including tips on location, cost, and long-term success in cannabis. The real opportunity lies in both physical location and local enthusiasm.
Listen & Subscribe: In light of Black History Month, we feel it is important and relevant to talk about how minorities in the United States and around the world have been disproportionately affected by drug policy and the war on drugs. Tuning in, you’ll hear more about what these trichomes are and why they’re important. CP: It’s a celebration.
While most of us consume our media on our phones, there is something deeply satisfying when reading a story on paper accompanied by beautiful photographs. While most of us consume our media on our phones, there is something deeply satisfying when reading a story on paper accompanied by beautiful photographs. Edibles Magazine.
Ecowellness, LLC’s Chief Executive Officer, Elena Orque, expanded its operations to include retail sales at Prevail Marketplace LLC, a farmers market serving Henderson, Nevada (on the outskirts of Las Vegas). According to Jim Hancock, President of Hemp, Inc., Both Ecowellness, LLC and Hemp, Inc. Both Ecowellness, LLC and Hemp, Inc.
The King of Hemp® product line includes: King of Hemp® Gummies – These CBD edibles come in a variety of flavors and potencies of 25 gm, 20 gm and 10 gm. Las Vegas, NV, Dec. 13, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp, Inc. (OTC According to Jim Hancock, President of Hemp, Inc., Both Circle K and Hemp, Inc.
Las Vegas, NV, Nov. 24, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Bold moves, strategic partnerships and expanded capabilities, Hemp, Inc. (OTC OTC PINK: HEMP) is on a mission to be a powerhouse of social change and economic revival and sustainability. The acquisition will enable Hemp, Inc. This is Hemp, Inc.’s
High product quality relies on a true understanding of the entire supply chain, from seed to sale with sanitized processes and quality checks including the creation of well-detailed preventative control plans that are in place to avoid instances of hazards like contamination or other public safety risks.
The dispensary boasts seven points of sale and a drive-through service window. Columbia Care will also open a manufacturing facility in nearby Columbia, which will produce vapes, edibles, tinctures, tablets and pre-rolls. Missouri’s medical marijuana sales reached more than $113 million in September, since launching in October 2020.
Columbia Care has also enhanced its brand portfolio with multiple launches across the country including Classix, Seed & Strain and Triple Seven, all of which were thoughtfully designed and created to serve the intersection of the medical and adult use markets.
Since the start of adult-use sales in the Company’s Boston location on August 10, the revenue mix has quickly evolved to roughly half medical and half adult-use. Since the start of adult-use sales in the Company’s Boston location on August 10, the revenue mix has quickly evolved to roughly half medical and half adult-use.
Embark is also equipped to produce a range of cannabis concentrates, liquid and powder beverage mixes, topicals and edible products. Embark is also equipped to produce a range of cannabis concentrates, liquid and powder beverage mixes, topicals and edible products. With four adult-use brands, across all three cannabis 2.0
Bolsters beverage portfolio with the addition of proprietary nanotechnology and rapid onset delivery technology for beverage, topical and edible products, allowing BevCanna to vertically integrate its supply for select in-house and white-label clients. The acquisition also bolsters BevCanna’s balance sheet,” noted Mr. Campbell.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful. In connection with the Offering, the Company has received binding commitments to exchange approximately US$31.75 About Columbia Care.
In the months leading up to – and after – marijuana legalization in Canada, the government and media were abundantly clear about keeping marijuana inside home borders. By comparison, between October 2018 when sales were legalized and May 2019, border officers made 717 seizures and took in 346 kilograms.”. Catherines Standard.
As New York gears up for whole flower in the medical program and future adult-use sales, we will be ready with our scaled and vertically-integrated operations,” said Nicholas Vita, CEO of Columbia Care. “As The first harvest is planned for Q4 2021. “As This is an incredible time for the state’s cannabis program.
cannabis edible brand. The company creates and produces a range of products including premium cannabis edibles, infused pre-rolls, flavoured and full melt vapes, oils and solventless products. which sells a range of cannabis edibles made with unique cannabinoids and flavors. TGOD to acquire Galaxie Brands Corporation.
Record Adjusted EBITDA of $31.0 Million, an increase of 634% YoY, 89% QoQ. Record Adjusted EBITDA Margin of 23%, an increase of 1,564bps YoY, 848bps QoQ. Revises 2021 Guidance to $470M – $485M Revenue, $85M – $95M Adjusted EBITDA and 46% Adjusted Gross Margin for Full Year 2021. NEW YORK–(BUSINESS WIRE)–Columbia Care Inc.
Adds Approximately 400,000 Square Feet of Cultivation and Production Capacity as well as Four Operational Dispensaries and Six In-Development Dispensaries in Key Markets. Immediately Accretive to Columbia Care Gross Margin, Adjusted EBITDA and Free Cash Flow with Acquisition Multiple of Approximately 4.8x 2021 Adjusted EBITDA. Additional Highlights.
Through its dispensary network, the company offers products spanning flower, edibles, oils, and tablets, and manufactures popular brands including Seed & Strain, Triple Seven, Classix, Plant Sugar, Press, Amber and Platinum Label CBD. Our ability to begin operations solidifies our position as a leader in the state. “Our
Ohio is a key state, currently a top-five market for Columbia Care, with year-to-date state sales up more than 110 percent year-over-year and annualized runrate sales of more than $370 million for 2021. We are grateful to the State of Ohio for its support and have enjoyed the last few years working with the CannAscend team.
The Notes were offered for sale on a private placement basis in certain provinces of Canada pursuant to applicable exemptions from the prospectus requirements of Canadian securities laws. NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. NEW YORK–(BUSINESS WIRE)–Columbia Care Inc.
Vertical integration allows a company to control all factors of production, from seed to sale in terms of the cannabis trade. If you wish to re-publish this story please do so with following accreditation. AUTHOR: Heather Allman. PUBLISHER: CANNABIS LAW REPORT. Florida’s marijuana future is showing promise.
We organize all of the trending information in your field so you don't have to. Join 14,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content