Written by Antonia Di Lorenzo || 10th November 2023 || News analysis |
A British American Tobacco (BAT) subsidiary is investing a further CAD124.6m (USD90.2m) in its strategic partnership with Canadian licensed cannabis producer Organigram ...
Written by Antonia Di Lorenzo || 12th May 2023 || News analysis |
US-based 22nd Century reported record cannabinoid ingredient volumes delivered in the first quarter of 2023 and expects those to increase further throughout the year ...
Written by Antonia Di Lorenzo || 27th April 2023 || News analysis |
Producer Rubicon Organics delivered net revenue of CAD35.5m (USD26.1m) for the year ending 31st December 2022, which represents significant net revenue growth of 57% compared to 2021 ...
Written by Antonia Di Lorenzo || 26th April 2023 || News analysis |
Avicanna in Toronto reported total fiscal 2022 revenue up 24% from fiscal 2021, while in Pennsylvania, Zynerba Pharmaceuticals reduced its net loss last year by over $2m ...
Written by Antonia Di Lorenzo || 24th April 2023 || News analysis |
Verano Holdings reported revenue up 19% to $879m in 2022 from $738m in 2021 and said it will continue to strengthen its business portfolio by focusing on targeted expansion and new product launches ...
Written by Antonia Di Lorenzo || 12th April 2023 || News analysis |
US cannabis company Medicine Man Technologies, operating as Schwazze, saw an increase in revenue last year, helped by acquisitions, new store openings, entrance into the New Mexico market, and that state's adult-use legalisation taking effect ...
Written by Antonia Di Lorenzo || 11th April 2023 || News analysis |
International cannabis company IM Cannabis (IMC) reported a significant rise in its revenue for the whole of 2022 as well as the last quarter of the year ...
Written by Antonia Di Lorenzo || 11th April 2023 || News analysis |
US cannabis company Columbia Care recorded a positive performance in 2022, despite macroeconomic headwinds that impacted consumers as well as wholesale market pricing ...
Written by Antonia Di Lorenzo || 6th April 2023 || News analysis |
A claim by Smoore Technology that 38 cannabis companies infringed the Chinese firm’s patents had very little chance of success with the US International Trade Commission, according to legal experts ...
Written by Antonia Di Lorenzo || 6th April 2023 || News analysis |
Biotechnology company 22nd Century Group has announced a new three-year exclusive licence and distribution agreement with the US cannabis company Cookies ...
Written by Antonia Di Lorenzo || 3rd April 2023 || News analysis |
New markets and new products helped US cannabis operator Ascend Wellness Holdings (AWH) to its best year yet in 2022, the company said when presenting its full year results ...
Written by Antonia Di Lorenzo || 31st March 2023 || News analysis |
US company Cresco Labs has called again for federal reform of cannabis legislation after recording a positive performance last year “despite the headwinds” and the uncertainties of the existing regulatory framework ...
Written by Antonia Di Lorenzo || 30th March 2023 || News analysis |
Arizona-based cannabis company Vext Science blamed rising inflation putting pressure on consumer spending for a slight drop in its revenue last year ...
Written by Antonia Di Lorenzo || 28th March 2023 || News analysis |
Charlotte’s Web managed to reduce its losses last year, despite “a challenging sales environment” caused by regulatory inaction, which has created uncertainty throughout the US cannabis and CBD industry ...
Written by Antonia Di Lorenzo || 15th March 2023 || News analysis |
US cannabis operator Ayr Wellness saw good numbers last year helped by cost-saving measures, stepping back from markets that did not align with its business goals, and investing in other different markets ...
Written by Antonia Di Lorenzo || 9th March 2023 || News analysis |
Canadian cannabis producer Cronos Group saw overall reduced losses for the year, with results helped by sales growth in Canada and Israel but hindered by lower sales in the US ...
Written by Antonia Di Lorenzo || 7th March 2023 || News analysis |
“The lack of progress regarding cannabis regulation from our elected officials in Congress is mind-numbing,” Green Thumb founder, chairman and CEO Ben Kovler said when reporting the company’s results for 2022 ...
Written by Antonia Di Lorenzo || 3rd March 2023 || News analysis |
US cannabis company Unrivaled Brands recorded a positive performance in 2022 and plans to expand its cannabis retail footprint across its home state of California ...
Written by Antonia Di Lorenzo || 30th January 2023 || News analysis |
US company 22nd Century Group has acquired privately held UK cannabinoid distributor RX Pharmatech for an up-front payment of $650,000 in cash and stock ...
Written by Antonia Di Lorenzo || 21st November 2022 || News analysis |
A cannabis regulation lawyer believes the UK Food Standards Agency (FSA) and the CBD sector have invested so much time, effort and money in the novel food process that it cannot be allowed to fail ...
Written by Antonia Di Lorenzo || 12th October 2022 || News analysis |
Canadian company Aurora Cannabis has seen continued growth in its international business thanks to an increasing presence in emerging medical cannabis markets, notably Germany, the UK, Australia and Poland ...
Written by Antonia Di Lorenzo || 10th August 2022 || News analysis |
US firm 22nd Century expects to double its total annual revenue following the acquisition of GVB Biopharma, which it describes as one of the largest global CBD suppliers ...
Written by Antonia Di Lorenzo || 12th July 2022 || News analysis |
The British Standards Institution (BSI) has developed a fast-track informal standard, PAS 13956, to address quality, performance and safety issues of CBD vape products ...
Written by Antonia Di Lorenzo || 29th June 2022 || News analysis |
UK-based medical cannabis company Kanabo will look to focus on “last mile assets” such as dispensing and prescribing as it responds to changing market conditions ...
Written by Antonia Di Lorenzo || 10th June 2022 || News analysis |
US firm 22nd Century has begun integration with GVB Biopharma, one of the largest CBD suppliers globally, as part of a plan to grow its hemp/cannabis franchise rapidly ...
Written by Antonia Di Lorenzo || 31st March 2022 || News analysis |
The UK Food Standards Agency (FSA) has published a list of around 3,500 CBD food products whose applications for novel food status have been validated or still await validation ...
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