When Nancy Whiteman co-founded Wana Brands in 2010, the Colorado cannabis industry was still in its infancy. The passage of Colorado Amendment 64 significantly expanded the market just a few years later. Now nearly fifteen years into her entrepreneurial journey, Whiteman has built one of the largest edibles companies in the world. Wana produces nearly 100 million gummies a year through extensive licensing agreements. That’s not too shabby for someone who bootstrapped the company and created some of the first recipes in her home kitchen. In the company’s early days, Wana produced a wide array o ..read more

Despite a modern commercial landscape dominated by men in leadership roles, history reminds us women have always been integral to cannabis culture. Long before there was a legal industry, women employed the plant in medicinal remedies and cultivated hemp to support the nascent economy of a new nation. More recently, activists like Mary Jane “Brownie Mary” Rathbun, Debbie Goldsberry, and Valerie Corral risked their liberty to deliver relief to patients in need, and advocates including Madeline Martinez, Amanda Reiman, and Paige Figi brought attention to a cause worth fighting for. Embracing thi ..read more

WASHINGTON – Rumors of an imminent drug policy announcement swept through the industry Tuesday morning after the Associated Press reported the Drug Enforcement Administration (DEA) plans to reschedule cannabis. Citing five anonymous sources with knowledge of the decision, the AP reported the agency in charge of United States drug policy will change the plant’s classification under the Controlled Substances Act from Schedule I — the most restrictive category, reserved for substances with high addiction potential and no known medical uses — to Schedule III. The potential new classification would ..read more

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TORONTO – RIV Capital Inc., an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, today released its financial results for the three months and nine-month transition period ended December 31, 2023. As previously announced, due to a change in the Company’s fiscal year end from March 31st to December 31st, the Company’s most recent fiscal year was comprised of three quarters for a total of nine months, which began on April 1, 2023, and ended on December 31, 2023. Further details rega ..read more

MEDFORD, Ore. – Grown Rogue International Inc., a craft cannabis company born from the amazing terroir of Oregon’s Rogue Valley, is pleased to report its audited financial results for the two months ending December 31, 2023. The Company is reporting this two-month period as part of its earlier announced transition to a financial year end of December 31, so the Company’s financial quarters align with peers on calendar quarters going forward and the Company’s annual harvest cycle. All financial information is provided in U.S. dollars unless otherwise indicated. Management Commentary “We are ..read more

CALGARY, AB – Decibel Cannabis Company Inc, a market leader in premium cannabis and extract manufactured products, is pleased to announce its audited financial results for the three and twelve month periods ending December 31, 2023. “The Company’s fourth quarter financial results delivered another year of growth across all metrics and I look forward to working with the team to continue to build on this success” said Benjamin Sze, Decibel’s new Chief Executive Officer. Fiscal Year 2023 Financial Highlights Record Net Revenue of $116 million in 2023, an increase of 46% over 2022. Record Ad ..read more

LOS ANGELES – Five years after its market valuation peaked at about $3 billion, MedMen Enterprises Inc. is bankrupt. The company filed insolvency proceedings in Canada and was placed in receivership in the United States on April 24. The company intends to liquidate, signaling extinction for the one-time “cannabis unicorn.” Documents filed with the Canadian and American courts list assets of C$1 and liabilities totaling more than C$561.5 million (US$411 million), of which more than C$359 million is secured debt held by Superhero Acquisition Corp., a holding company two-thirds owned by Tilray In ..read more

BALTIMORE — Evermore Cannabis Company secured four awards at the first-ever Maryland Leaf Bowl, held on April 13th, underscoring its commitment to quality and innovation. The company’s Dark Chocolate Peppermint Discos clinched the trophy for Best Chocolate Edibles. The Sour Peel variety was awarded Best Tropical/Floral Indoor Flower. Additionally, the GS CBD strain won the title of Best CBD-Rich Indoor Flower. Evermore’s Midnight Circus was named the Best Exotic Indoor Flower, solidifying its status as a crowd favorite. “We are incredibly honored and excited to have been recognized i ..read more

KINGSVILLE, ON – Greenway Greenhouse Cannabis Corporation, a cultivator of greenhouse cannabis for the Canadian market, announced its cultivation facility located in Leamington, Ontario, has received CUMS-GAP and GACP certification. This demonstrates the facility meets strict international standards, providing the Company a way to distribute its product internationally. The Company has entered into conversation with multiple different international cannabis purchasers, including current wholesale customers who already have established international sales rout ..read more