Author: admin

My house smells terrific. I’ve spent several days sampling Seth Rogen’s new line of Houseplant cannabis, and the air in my place is spicy and fragrant. This weed is loud. The beloved comedic actor and stoner icon, along with his creative partner Evan Goldberg, launched Houseplant in California last week. They promptly broke the weed […] The post Seth Rogen’s new Houseplant cannabis unboxed and reviewed appeared first on Leafly.

Read More

Over the last couple of years, the stance on marijuana in the United States has shifted, which can be observed by the number of states that have decriminalized and/or legalized the medical and recreational use of marijuana. According to BDS Analytics, marijuana sales in the United States are expected to be $16.2 billion this year, with marijuana beverage sales making up $1 billion of that amount. According to the National Cannabis Industry Association, only three states in the country lack some form of legal marijuana; those states are Nebraska, Kansas and Idaho. During the November 2020 elections, Arizona and New…

Read More

Ayr Wellness Closes Acquisition for Parma Wellness Center, LLC Management TORONTO, Ontario, March 30, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr,” “Ayr Wellness,” “we,” “us,” “our,” or the “Company”), a vertically-integrated cannabis multi-state operator (MSO), today announced it has closed on the purchase of 100% of the membership interests of […] READ MORE: https://www.newcannabisventures.com/ayr-wellness-closes-17-million-ohio-cultivation-acquisition/ The post Ayr Wellness Closes $17 Million Ohio Cultivation Acquisition appeared first on Cannabis Daily.

Read More

Harvest Health & Recreation Inc. Reports Fourth Quarter and Full Year 2020 Financial Results Total revenue increased 98% to $231.5 million in 2020 from $116.8 million in 2019 Fourth quarter revenue was $69.9 million, up 85% from the fourth quarter 2019 and 13% sequentially Net loss before non-controlling interest for the full year was $59.6 […] READ MORE: https://www.newcannabisventures.com/harvest-health-and-recreation-q4-revenue-increases-85-to-69-9-million/ The post Harvest Health and Recreation Q4 Revenue Increases 85% to $69.9 Million appeared first on Cannabis Daily.

Read More

Hydrofarm Holdings Group Announces Fourth Quarter and Full Year 2020 Results Company Provides Full Year 2021 Outlook FAIRLESS HILLS, Pa., March 30, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture (“CEA”), today announced financial […] READ MORE: https://www.newcannabisventures.com/hydrofarm-q4-revenue-increases-63-to-87-4-million/ The post Hydrofarm Q4 Revenue Increases 63% to $87.4 Million appeared first on Cannabis Daily.

Read More

Namaste Technologies Inc. (TSXV:N) (OTCQB: NXTTF), a cannabis-focused e-commerce company, reported Tuesday it has generated CA$8 million ($6.79 million) in gross revenue over the last three months of 2020, representing a year-over-year increase of 100%. The Toronto-based company wrapped up the year ended November 30 with CA$27.1 million in gross revenue, compared to CA$16.4 million in 2019. Net revenue for the fourth quarter amounted to CA$7.2 million. Full fiscal year revenue hit …Full story available on Benzinga.com

Read More

GAINERS: CANADA HOUSE WELLNESS GRP (OTC: SARSF) shares closed up 45.41% at $0.03 ReneSola (NYSE: SOL) shares closed up 20.61% at $11.82 Wize Pharma (OTC: WIZP) shares closed up 14.83% at $0.89 Nine Energy Service (NYSE: NINE) shares closed up 13.15% at $2.41 Zelira Therapeutics (OTC: ZLDAF) shares closed up 11.84% at $0.05 Bloom Energy (NYSE: BE) shares closed up 8.09% at $25.25 Zynerba Pharmaceuticals (NASDAQ: ZYNE) shares closed up 7.06% at $4.70 GrowGeneration (NASDAQ: GRWG) shares closed up 6.46% at $44.34 Full story available on Benzinga.com

Read More

Cannabis stocks have been the talk lately as recreational legalization advances in New York. Three stocks that look to be nearing support are Tilray Inc. (NASDAQ: TLRY), Canopy Growth Corp. (NASDAQ: CGC) and Aurora Cannabis Inc. (NYSE: ACB). Tilray Daily Chart Analysis: The stock looks to be in a channel between the price levels of $20 and $35. The $20 level was a previous resistance that held as support; $35 is a place the stock struggled to break above.  $35 would have to break and hold before the stock may move higher. The red line and the lows show what technical…

Read More