Cannabis Business

The Supreme Cannabis Company, Inc. (CNW Group/The Supreme Cannabis Company, Inc.)

Supreme Cannabis Announces Financial Results for Q4 and Full-year 2020

Established a platform for strong revenue growth and operational efficiency with a strengthened balance sheet 2020 Fourth Quarter Highlights: Increased recreational sales net revenue by 27% quarter-over-quarter and 373% year-over-year, supported by brand expansion and the introduction of Cannabis 2.0 products 36 active retail SKUs listed, with presence in all 10 provinces Completed the first

logo black and white

New Aurora Cannabis CEO Seeks Return to Premium Flower on Cheddar

Aurora Cannabis plunged close to 30 percent on Wednesday after reporting $2.5 billion in losses in 2020, and weak revenue outlook for the start of the next fiscal year. Thursday morning it opened down at $5.08. The report closes the door on a challenging year for Aurora Cannabis ($ACB), which lost more than 90 percent

Cannabis

When will cannabis companies be able to come in from the cold? : CityAM

How does the UK’s legal and financial establishment feel about the cannabis industry? The answer to that has changed significantly over the last few years, to the point that the Financial Conduct Authority (FCA) now contemplates their listing on the London Stock Exchange. But the legal rules around how to do that are far from

Abaca CEO Dan Roda named to cannabis trade association subcommittee

Abaca CEO Dan Roda named to cannabis trade association subcommittee

The National Cannabis Industry Association (NCIA) named Dan Roda, CEO of North Little Rock-based cannabis financial technology firm Abaca, to its Hemp Committee. The mission of the committee is to promote, advocate and educate on the specific concerns and issues surrounding hemp, according to a news release. NCIA committees are an opportunity for individuals to

Congressional Research Service Analyzes Marijuana Expungements And Cannabis Immigration Issues

Congressional Research Service Analyzes Marijuana Expungements And Cannabis Immigration Issues

The Congressional Research Service (CRS) released new two reports on marijuana policy—one dealing with the immigration implications of federal prohibition and the other looking at expungements provisions in pending legislation to deschedule cannabis. For the immigration-focused report published last week, CRS outlined how being convicted of a marijuana crime, admitting to using cannabis (even in

Born out of protest: Social Justice Bermuda, inspired by the global Black Lives Matter movement is shown here protesting outside of the United States Consulate this summer

SJB platform dominated by equity, health

Published Sep 24, 2020 at 8:00 am (Updated Sep 24, 2020 at 7:25 am) Born out of protest: Social Justice Bermuda, inspired by the global Black Lives Matter movement is shown here protesting outside of the United States Consulate this summer A civil rights campaign group has

Executive Spotlight: Scott Sundvor

Executive Spotlight: Scott Sundvor

Scott Sundvor is President and Co-founder of Space Coyote. A serial entrepreneur and accomplished inventor, Scott is the logistical and financial mastermind behind Space Coyote. He’s a highly driven business leader who developed the systems for product development and inner workings of the company. Scott’s also a true stoner, cultivator, and contest-winning joint roller in

Cannabis wood post sign with directions to dispensary near me

BC won't compel private cannabis stores to carry Indigenous products

The LDB operates a network of public BC Cannabis Stores in a mixed public/private retail model in British Columbia. Matt Lamers is Marijuana Business … Source link

FDA announces public meeting to discuss gender differences in use and responses to CBD

FDA announces public meeting to discuss gender differences in use and responses to CBD

The meeting, which will take place on November 19, 2020, from 9 am to 4 pm Eastern Time, will feature presentations from patient and healthcare provider perspectives on CBD and other cannabinoid use, sex differences in the effects of CBD and other cannabinoids, use of CBD and other cannabinoids in pregnancy, and government agency perspectives

Cannabis M&A to accelerate as valuations bounce back from 2019 drop – experts

Cannabis M&A to accelerate as valuations bounce back from 2019 drop – experts

A drop in company valuations complicated by the coronavirus-triggered capital squeeze hindered cannabis deal-making during the first half of 2020. However, experts say mergers and acquisitions in the fledgling industry will pick up heading into the new year. Cannabis-related companies completed or announced 124 deals in the U.S. or Canada during the first seven months