Jelena Martinovic - Spark Newswire

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Slang Worldwide: Escaping Runaway Costs & Finding Path To Profits

Today, 4:00 PM

Last month, Slang Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF), a leading global cannabis consumer packaged goods company, reported having earned CA$9.66 million ($7.7 million) in the fourth qua

CSE:SLNG

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Canadian Cannabis Producers Are Dependent On Value Flower: Analyst

By Jelena Martinovic

Today, 4:00 PM

Canadian licensed cannabis producers have been faced with challenges imposed by ongoing price deflation, COVID-19 lockdowns and uncertainty over whether and when U.S. federal legalization will occur. As a result, some Canadian cannabis companies have become dependent on value flower, according to a Cantor Fitzgerald analyst.

ACB

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Credit Suisse Halts US Cannabis Stock Transactions, Ends Custodial Service: Report

By Jelena Martinovic

Today, 4:00 PM

Credit Suisse Group AG (NYSE: CS) has stopped handling transactions in shares of cannabis companies with U.S.

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Cannabis Movers & Shakers: Phyto, HERBL, Treez, Fyllo, Auxly, AgraFlora, Viridis

By Jelena Martinovic

Today, 4:00 PM

Phyto Extractions Announces Departure Of Interim CEO Phyto Extractions Inc., formerly known as Adastra Labs Holdings Ltd., (CSE: XTRX) (FRA: D2EP), said last Friday it had parted ways with J. Scott Munro, the company’s interim CEO and director.

AGFAF

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Cannabis Fintech Company POSaBIT Reports Record Performance In 2020: What Investors Need To Know

By Jelena Martinovic

Today, 4:00 PM

Cannabis-focused financial technology company POSaBIT Systems Corporation (CSE:PBIT) (OTCQX: POSAF) reported Thursday that its total revenue increased by 327% year-over-year, hitting roughly $3.06 million in the fourth quarter of 2020.

CSE:PBIT

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Jazz Pharmaceuticals Closes On Acquisition Of GW Pharma, Adds CBD Drug Epidiolex To Portfolio

By Jelena Martinovic

Today, 4:00 PM

The biopharmaceutical company Jazz Pharmaceuticals (NASDAQ: JAZZ), has finalized the acquisition of the cannabinoid drug company GW Pharmaceuticals plc. (NASDAQ: GWPH).

GWPH

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Scotts Miracle-Gro Posts Q2 Results, Hawthorne Cannabis Subsidiary Sales Increase 66% YoY To $364M

By Jelena Martinovic

Today, 4:00 PM

Scotts Miracle-Gro (NYSE: SMG) reported Wednesday that company-wide sales grew by 32% year-over-year reaching $1.83 billion in the second quarter. For the first half of fiscal 2021, the company reported sales of $2.58 billion, up by 47% from $1.75 billion in sales posted a year ago.

SMG

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C3 Industries Launches 2 ‘High Profile’ Shops In Missouri And Poised For More

By Jelena Martinovic

Today, 4:00 PM

Vertically integrated cannabis company C3 Industries cut the ribbon on its first retail location in Missouri, making it the seventh store nationwide for the Michigan-based company. The new store, High Profile, kicked off sales of medical cannabis on Monday. Another High Profile location will be opened this week in St. Charles.

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Video: Tilray CEO Discusses Aphria Merger, US Market Ambitions, Cannabis As A CPG Business, And More

By Jelena Martinovic

Today, 4:00 PM

On Monday, the cannabis industry witnessed the creation of the world's largest cannabis company measured by revenue, as two Canadian giants, Tilray Inc. (NASDAQ: TLRY) and Aphria Inc.

APHA

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Cannabis Movers & Shakers: Fire & Flower, Acreage, cbdMD, Greenlane & KushCo, Digital Venture

By Jelena Martinovic

Today, 4:00 PM

Delic Holdings Appoints Dr. Eric Janusson As Lead Chemist Complex Biotech Discovery Ventures Ltd., a licensed cannabis and psilocybin research laboratory, has appointed Dr. Eric Janusson as its lead chemist.

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