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Saturday, May 28, 2022
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Exclusive renowned cannabis trade show makes its way to Toronto

Business

Hall of Flowers set to make September debut in eastern Canada metropolis

Optimi Health enters supply agreement with Halucenex Life Sciences Optimi Health enters supply agreement with Halucenex Life Sciences

Business

The shrooms will be supplied to Halucenex in the form of whole, dried mushroom fruiting bodies

TGOD ends fiscal year with revenue up 149% to $39.2M TGOD ends fiscal year with revenue up 149% to $39.2M

Business

The launch of new products such as Cherry Mints, Maple Kush, pre-rolls boosted revenue this quarter

Vapor pens gain popularity, particularly among young people: Headset Vapor pens gain popularity, particularly among young people: Headset

Analysis

Gen Z consumers are spending double what baby boomers are, and market shares in the U.S. and Canada reach all-time high

Indiva reports Q1 revenue dip 5.4% to $8.9M

Business

Edible product sales represent 95% of net revenue in Q1 2022

Fire & Flower launches same day within the hour delivery Fire & Flower launches same day within the hour delivery

Business

Firebird Delivery will launch first in Ontario but will launch soon in Alberta, Manitoba, Saskatchewan and other provinces

canopy to acquire jetty extracts canopy to acquire jetty extracts

Business

Jetty is one of the top 10 brands and top five in the vape category in California

ShinyBud to acquire a pharmacy and broaden focus on health and wellness ShinyBud to acquire a pharmacy and broaden focus on health and wellness

Business

The company is set to buy Cornwell, Ontario's Cotton Mill Pharmacy for a total purchase price of $900,000

Sundial stock jumps on Q3 earnings of $11M Sundial stock jumps on Q3 earnings of $11M

Business

Sundial's EBITDA plummeted to a $0.7 million loss during Q1 2022 after $18.4 million during the previous quarter

Auxly reports $22.6M revenue, $39.8M loss in Q1 Auxly reports $22.6M revenue, $39.8M loss in Q1

Business

Q1 revenue was comprised of approximately 61 per cent in cannabis 2.0 product sales

Ayurcann Holdings Corp.

Business

While revenue increased, Ayurcann reported gross margins of $580,000 in the first quarter, a 68 per cent decline from $1.8 million during Q1 2021

Inadequate testing for CBD contamination raises industry concerns Inadequate testing for CBD contamination raises industry concerns

Analysis

Many distributors are choosing not to test their products for microbes, pesticides, and heavy metals

Illegal Cannabis Market Illegal Cannabis Market

Analysis

Price is the main reason consumers purchase illegal cannabis, according to a recent report in the Journal of Studies on Alcohol and Drugs

Entourage debuts THC-infused drinks in partnership with popular U.S. brewery Entourage debuts THC-infused drinks in partnership with popular U.S. brewery

Business

Cannabis beverages continue to gain popularity and approval in Canada, according to industry analysts