Newsfeeds - Spark Newswire

3 minute read

Cresco-Columbia Deal Expected To Be Finalized By End Of Q1, Analyst Looks At The Details

Today, 3:46 AM

Cantor Fitzgerald's Pablo Zuanic took a close look at the scenarios and permutations of the Cresco/Columbia Care deal. Cresco announced it was acquiring its rival Columbia Care for $2.1 billion in March 2022.

CCHWF

2 minute read

Cannabis Industry’s Workforce Trimming Trend Continues: Columbia Care Announces Dozens Of Layoffs

By Vuk Zdinjak

Today, 3:46 AM

Multi-state cannabis operator, Columbia Care Inc (OTCQX: CCHWF), which owns Green Leaf Medical LLC, is laying off numerous workers at its Saxton facility,

ACB

2 minute read

Illinois’ Recreational Cannabis Sales Hit Record-Setting $1.5B In 2022

By Maureen Meehan

Today, 3:46 AM

The Illinois Department of Financial and Professional Regulation (IDFPR) announced that 2022 set adult-use cannabis sales records in all categories it tracks, including the number of items sold, sales totals to Illinois and out-of-state residents, and sales total by month, reported NewsChannel20.

CCHWF

2 minute read

Floridians Want Weed Legalized Sooner Rather Than Later, According To Signature Campaign

By Nina Zdinjak

Today, 3:46 AM

Support for adult-use cannabis legalization is growing rapidly in Florida. According to data from the Florida Division of Elections, the initiative to legalize recreational marijuana obtained 148,418 signatures as of Tuesday evening.

CCHWF

3 minute read

The Good, The Bad And The Frustrating: Five Events That Moved Cannabis In 2022

By Maureen Meehan

Today, 3:46 AM

Like everything else in 2022, the cannabis industry had its ups and downs. Legalization efforts and reform were up (sort of) and cannabis stocks were down (definitively). Let’s look at what moved the needle for the cannabis industry this year and how things ended up for a plant so many love yet remains on a federal hit list.

ACRDF

3 minute read

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

By Jelena Martinovic

Today, 3:46 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

2 minute read

Whoa, How Much? CA’s Canabis Industry Owes A Quarter-Billion Dollars In Back Taxes

By Joana Scopel

Today, 3:46 AM

California's marijuana industry owes the state a quarter-billion dollars in unpaid taxes.

AAWH

2 minute read

Exclusive: Fyllo Rolls Out Interactive Retail Media Network For Cannabis, Columbia Care First To Use It

By Nina Zdinjak

Today, 3:46 AM

Cannabis compliance technology platform Fyllo unveiled Tuesday Fyllo Connect - a new interactive retail media network built for retailers and brands that want to reach cannabis consumers.

CCHWF

3 minute read

Top Marijuana MSOs Amid Earnings Season: Analyst Shares Key Takeaways From Q3 Reports & What They Mean

By Jelena Martinovic

Today, 3:46 AM

Cantor Fitzgerald's Pablo Zuanic has crunched Q3 earnings numbers for two cannabis MSOs following Auxly Cannabis Group Inc.

CBWTF

2 minute read

Which Cannabis Stock Is A Better Buy? Analyst’s Thoughts Post Q3 Earnings

By Jelena Martinovic

Today, 3:46 AM

Third quarter earnings season is slowly wrapping up and analysts are tweaking their ratings accordingly. Cantor Fitzgerald analyst Pablo Zuanic kicked off the week by taking a closer look at two cannabis stocks.

CBWTF