Newsfeeds - Spark Newswire

2 minute read

The Legacy Cannabis Company That Works With Biggest Brands In The Country And Can Help You Get A Job

Today, 2:46 AM

Loriel Alegrete is the CEO and co-founder of 40 Tons, a woman-owned cannabis company whose unique modus operandi unites the essential sectors of the industry from legacy to multi-state operators (MSOs) under a shared goal of furthering the booming industry while by including those who actually started it and kept it going stro

ACRDF

2 minute read

Analyst: How Do Virginia’s Delayed Cannabis Sales Impact Important Deals For These Three MSOs?

By Jelena Martinovic

Today, 2:46 AM

Virginia is approaching its second anniversary of legalizing recreational cannabis without a framework for legal sales as yet established.

CCHWF

3 minute read

Green Thumb Revenue Reaches $1B Despite What CEO Calls ‘Mind-Numbing Lack Of Progress’ In Weed Regulations

By Vuk Zdinjak

Today, 2:46 AM

Green Thumb Industries Inc. (OTCQX: GTBIF) (CSE:GTII) revenue in 2022 reached $1 billion, a 14% increase compared to $893.6 million in 2021. Q4 2022 Financial Highlights

CSE:GTII

3 minute read

New York On Track To Become Next Cannabis Capital, But State Sen. Warns Not To Imitate California

By Jelena Martinovic

Today, 2:46 AM

The first adult-use cannabis sales in New York began on Dec. 29, nearly 20 months after former Gov. Andrew Cuomo signed recreational marijuana into law.

ACRDF

3 minute read

Key Marijuana Executive Changes: Who Will Lead MariMed After CEO’s Passing? MJBiz CEO Steps Down

By Jelena Martinovic

Today, 2:46 AM

MJBiz CEO To Step Down Marijuana Business Daily's Chris Walsh will step down as CEO in January.

BAYRY

4 minute read

EXCLUSIVE: This Legacy Cannabis Company Has The Ear Of Major Weed Operators And Can Help You Get A Job In The Industry

By Maureen Meehan

Today, 2:46 AM

When 40 Tons started up in Dec. 2020, it took off like a bat out of hell due in part to the indomitable energy of its three co-founders, Loriel Alegrete, Anthony Alegrete and Corvain Cooper.

ACRDF

2 minute read

Green Thumb Industries Q3 Revenue Grows 11.8% YoY Driven By Retail Sales In New Jersey

By Vuk Zdinjak

Today, 2:46 AM

Green Thumb Industries Inc. (OTCQX: GTBIF) (CSE:GTII) total revenue for the third quarter of 2022 was $261.2 million, up 2.7% sequentially and up 11.8% from $233.7 million in the prior year period.

CSE:GTII

4 minute read

Ten Multistate Cannabis Companies Owe $500M To The IRS, Says A New Report

By Joana Scopel

Today, 2:46 AM

An analysis of financial filings by Green Market Report showed that ten publicly traded multistate cannabis companies are carrying over $500 million in federal tax debts.

AAWH

2 minute read

Medical Cannabis Producer Sues Minnesota Over New Edibles Law

By Jelena Martinovic

Today, 2:46 AM

Minnesota-based Vireo Health International, Inc. (CNSX: VREO) (OTCQX: VREOF) is suing the state, arguing that a law hemp law is discriminatory toward producers of medical cannabis edibles, reported FOX 9 Minneapolis-St. Paul.

CSE:GTII

2 minute read

Not A Bullish Start To Q2 Earnings Season Despite Sales Beat, Analyst Explains Why Green Thumb Remains Among His Top Cannabis Picks

By Jelena Martinovic

Today, 2:46 AM

As another earnings season heats up, Cantor Fitzgerald's analyst Pablo Zuanic shared some insights in his recent note after one of his top picks in the cannabis MSO group, Green Thumb Industries Inc.

CSE:GTII