Business Halo reports slumping sales as Q1 revenue dips to US$7.6M The American company has recently shifted its strategy to incubate and spin out cannabis-related companies Ryan GarnerMay 18, 2022
Business Trulieve posts record first quarter revenue of US$318.3M The firm had an adjusted EBITDA of US$105.5 million, up 4.5 per cent from US$100.9 million during the fourth quarter of 2021 Ryan GarnerMay 13, 2022
CBD Curaleaf expands CBD edibles portfolio aimed for relaxation and sleeping Curaleaf currently operates in 23 states and has 130 dispensaries Rheanna NeilMay 3, 2022
Business Humble signs sales agreement with California-based LEUNE The brand is led by women and known to be committed to social advocacy Rheanna NeilApril 28, 2022
Business Valens to bring medical pot ‘smart kiosks’ to US shopping centers The first smart machine is expected to pop up in June 2022 Rheanna NeilApril 26, 2022
Business Humble & Fume forms joint venture, expands cannabis distribution to California Humble & Fume invested US$8 million into the joint venture, with Green Acre Capital Distribution Corp. making a US$2 million investment Ryan GarnerApril 26, 2022
Business Australis launches ‘RSO’ product under its Mr. Natural brand The oil is now available at the Jardin, Vegas Tree House, and Exhale pot shops in Las Vegas Rheanna NeilApril 26, 2022
Cannabis Legal recreational cannabis sales start in New Jersey New Jersey becomes the 18th U.S. state to legalize recreational cannabis, serving a market projected to reach US$2.4 billion by 2025 Ryan GarnerApril 21, 2022
Analysis U.S. legal and illicit cannabis sales totalled US$97 billion in 2021: report A new report by New Frontier Data estimated that U.S. cannabis sales exceeded spirits (US$86 billion) last year, while matching spending on beer Ryan GarnerApril 20, 2022
Legalization New Jersey adult-use cannabis sales expected to start within weeks Seven multistate cannabis operators have been approved to start adult-use sales Natalia Buendia CalvilloApril 11, 2022