Green Growth Brands (GGB.C) has agreed to sell their cannabidiol business to The BRN Group, proving that maybe hocking mall kiosk CBD to distracted customers is not the best business model.
Respect where it's due, I haven't been to an investor conference in a long time where I came away interested in most of what I saw, let alone *everything* I saw, but this year's Gravitas Securities Growth Conference lineup absolutely hit it out of the park. The GSGC isn't the biggest show around, but they know how to turn out the playahs, and the only way you keep big money showing up is to be a little bit picky with what you offer them. Don't waste anyone's time and they'll know it's cool to return.
You've gotta love it when a plan comes together: 1933 Industries (TGIF.C), which has been banging the same 'we're grownups, we're doing it right, hang tight' drum for several years now, dropped news this February 14 that will make any Valentine's heart swell with joy. "Following the completion of a combined 20,000-square-foot expanded cultivation, extraction, manufacturing and distribution facility in the Los Angeles area, the company began harvesting its first cannabis crop this week to be utilized for both its proprietary brand Alternative Medicine Association (AMA), as well as for its licensing partner luxury brand Blonde cannabis, with products earmarked for dispensaries for the first time outside of Nevada."
1933 Industries (TGIF.C) has kept their January 7th promise to get the first harvest of their California operation in full swing, while getting their Canna Hemp products to dispensaries across the state.
Your Monday morning cannabis market roundup with Flower One (FONE.C), Canada House Wellness (CHV.C), Pure Global Global (PURE.V) and C21 Investments (CXXI.C)
In 2017, the going logic of legalization was that everyone would be either smoking, vaping or ingesting cannabis in some way once it became legal, and that promise hasn’t been fulfilled. There’s been growth and retraction over the past year, but the same people you’d normally see with a joint between their lips on a Friday night remained and they mostly got it from the same sources they always did: the guy at work instead of the dispensary offering big name LP weed.
1933 Industries’ (TGIF.C) penned a two-year licensing agreement between their subsidiary Alternative Medicine Association (AMA) and Los Angeles-based The Pantry Company to produce edible products in Nevada.
Cannabis is a gateway drug and must remain tightly regulated, at least according to Democratic presidential hopeful, Joe Biden during a town hall discussion last Sunday.
US MSO Acreage Holdings’ (ACRG.U) latest acquisition gives them a toe-hold in the locked-down New Jersey cannabis market
Acreage Holdings (ACRG.U) hopes to leverage their newest acquisition, the medical cannabis non-profit Compassionate Care Foundation (CCF) to get access to the New Jersey cannabis market.
So the braintrusts over at MedMen (MMEN.C) have devised a new and novel way to staunch their company’s steady and consistent bleeding: they’re going to lay enough people off that they reduce their overhead to a sustainable rate.
Plus Products (PLUS.C) is a proponent of the hyper-specialization approach in a sector which, at least once upon a time, prided itself on vertical integration across a wide swathe of products.
Curaleaf Holdings (CURA.C) partnered with nonprofit cancer fighter Badges of Courage Foundation throughout the month of October to raise money for low-income women recently diagnosed with breast cancer, or presently undergoing treatment.