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LATEST CANNABIS CONSUMER BRANDS STOCK NEWS


High Tide to Acquire Premium Canadian Cannabis Brand, Queen of Bud

Last Trade: 1.72 -0.10 -5.49

CALGARY, AB, March 15, 2024 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, is pleased to announce that it is taking yet another step to expand its international brand portfolio by entering into a definitive agreement pursuant to which High Tide will acquire... Read more


High Tide Reports First Quarter 2024 Financial Results Featuring Record Revenue, Record Adjusted EBITDA, and Third Consecutive Quarter of Positive Free Cash...

Last Trade: 1.72 -0.10 -5.49

First Quarter Results Include Revenue of $128.1 Million, Adjusted EBITDA of $10.4 Million, and $3.6 Million of Free Cash Flow The Company is Now the Second-Largest Cannabis Retailer in North America by Store Count1 High Tide Remains the Highest Revenue Generating Cannabis Company Reporting in Canadian Dollars2 The Company Generated $3.6 Million of Positive Free Cash Flow3 in the Quarter, Despite a $5.4... Read more


Verano Holdings Announces Revised Fourth Quarter and Full Year 2023 Financial Results

Last Trade: 5.55 0.23 4.32

Record Revenue of $938 Million Increased 2023 Net Cash Provided by Operating Activities by 16% to $110 Million Generated $73 million in Free Cash Flow1 for 2023, Meeting Guidance CHICAGO, March 15, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced revised financial results for the fourth quarter... Read more


High Tide Opens New Canna Cabana Location in Toronto, Ontario

Last Trade: 1.72 -0.10 -5.49

CALGARY, AB, March 14, 2024 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 8 Wellesley Street East, Toronto, Ontario will begin selling recreational cannabis products and consumption... Read more


Bright Green Announces Its Expansion Continuation With A $100 Million Solar Powered Generation Field To Supply Heat And Electricity To Its Drug Production And...

Last Trade: 0.27 -0.001 -0.37

GRANTS, NEW MEXICO, March 14, 2024 (GLOBE NEWSWIRE) -- Bright Green Corporation (Nasdaq: BGXX) (“Bright Green” or the “Company”) Today announced that BGXX will install a 102-megawatt solar field to power the electricity and heating requirements for the new $250 million Dalsem expansion project and commits to switch the existing facility that currently burns natural gas and heavy oil to solar. This ensures that the... Read more


TILT Holdings Reports Fourth Quarter and Full Year 2023 Results

Last Trade: 0.03 -0.0042 -12.35

PHOENIX, March 14, 2024 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT" or the “Company”) (Cboe: TILT) (OTCQB: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, is reporting its financial and operating results for the three and twelve months ended December 31, 2023. All financial information is reported... Read more


Tilray Introduces New Naturally Flavoured CBG Infused Cannabis Beverages

Last Trade: 1.92 0.19 10.98

TORONTO, March 13, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced the expansion of its market-leading cannabis beverage portfolio with the latest release by its MOLLO® brand, introducing a lineup of new cannabis-infused non-alcoholic seltzers featuring the qualities of high... Read more


Ascend Wellness Expands Reach in Pennsylvania with Third Dispensary

Last Trade: 1.20 0.04 3.45

Ascend Monaca, located in a Pittsburgh suburb, is the Company's 36th location and 8th outlet across seven states NEW YORK, March 13, 2024 /CNW/ - Ascend Wellness Holdings, Inc. ("AWH," "Ascend" or the "Company") (CSE: AAWH-U.CN) (OTCQX: AAWH), a multi-state, vertically integrated marijuana operator, proudly announces the opening of its third medical dispensary in Pennsylvania with a location in Monaca,... Read more


TILT Holdings Announces New Brand Partnership with LEVEL to Bring Their Cannabis Tablets to Pennsylvania

Last Trade: 0.03 -0.0042 -12.35

PHOENIX, March 13, 2024 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQB: TLLTF), a global provider of cannabis business solutions including inhalation technologies, cultivation, manufacturing, processing, brand development and retail, today announced a new brand partnership to distribute LEVEL’s targeted, effects-based infused tablets to patients in Pennsylvania. “Partnering... Read more


Village Farms Reports Q4 and 2023 Financials: Record Consolidated Sales for Q4

Last Trade: 0.86 0.12 16.90

Fourth Quarter Highlights Canadian Cannabis Delivers 14% Year-Over-Year Sales Increase, Positive Adjusted EBITDA and Cash Flow Canadian Cannabis Reclaims #2 National Market Share Position1 U.S. Cannabis Delivers Positive Adjusted EBITDA and Cash Flow Fresh Produce Delivers Significant Year-over-Year Improvement, With Positive Adjusted EBITDA for the Year Annual Highlights Consolidated Net Loss Per Share... Read more


Cresco Labs Reports Fourth Quarter & Full Year 2023 Financial Results Demonstrating Significant Profitability and Cash Flow Improvements

Last Trade: 1.89 0.00 0.00

Continued execution of Year-of-the-Core strategy delivers strong gains to the bottom line and 3x improvement in full-year Operating Cash Flow CHICAGO / Mar 13, 2024 / Business Wire / Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries,... Read more


Jushi Holdings Reports Fourth Quarter and Full Year 2023 Financial Results

Last Trade: 0.75 0.04 5.34

Maintained Strong Gross Profit Margin of 40.2% in Q4 2023 and 43.1% for FY 2023 Net Loss of $18.0 Million in Q4 2023 Compared to $139.9 Million in Q4 2022 Improved Adjusted EBITDA and Adjusted EBITDA Margin to $11.3 Million and 16.7% Respectively in Q4 2023 and $40.8 Million and 15.1% Respectively for FY 2023 Bolstered Margins and Achieved Jushi-branded Product Sales of Approximately 53.4% of Total Retail... Read more


AYR Wellness Reports Fourth Quarter and Full Year 2023 Results

Last Trade: 2.18 0.15 7.39

FY 2023 Revenue up 10% to $463.6 Million, Excluding Discontinued Operations FY 2023 GAAP Loss from Operations Improved to $37.2 Million, Excluding Discontinued Operations FY 2023 Adjusted EBITDA1 up 51% to $114.0 Million, with Adjusted EBITDA Margin of 25% Completed Plan of Arrangement Transactions, Including Extending the Maturity of all of its Senior Notes and Certain Other Debt by Two Years, in February... Read more


A Bigger Dispensary Opens in the Town of “Big Things” as MariMed Opens Larger, Permanent Thrive Dispensary in Casey, Illinois

Last Trade: 0.28 0.02 5.77

NORWOOD, Mass., March 12, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced the opening of its permanent and much “bigger” Thrive dispensary in Casey, Illinois. The adult-use dispensary had operated from a temporary location since opening last October. The only dispensary in Clark County, Thrive... Read more


Bright Green Announces Plans For $250 Million Expansion Of Its Controlled Substances Drug Production Facility In Grants, New Mexico And Obtains $60 Million In...

Last Trade: 0.27 -0.001 -0.37

GRANTS, NEW MEXICO, March 12, 2024 (GLOBE NEWSWIRE) -- Bright Green Corporation (Nasdaq: BGXX) (“Bright Green” or the “Company”) today announced that it has signed an agreement with Dalsem Greenhouse Technologies BV for a $250 million construction project to expand the Company’s current research, production and extraction processing facility located in rural Grants, New Mexico (the “Dalsem Agreement”). The proposed... Read more


Ascend Wellness Announces Fourth Quarter And Full Year 2023 Financial Results

Last Trade: 1.20 0.04 3.45

Q4 2023 Net Revenue Increased 25% Year-over-Year to $140 million Q4 2023 Adjusted EBITDA Increased 15% Year-over-Year to $32 million Full Year 2023 Net Revenue Increased 28% Year-over-Year to $519 million Full Year 2023 Adjusted EBITDA Increased 14% Year-over-Year to $107 million  First Full Year of Positive Cash from Operations and Positive Free Cash Flow Company Ended Q4 2023 with $73... Read more


Acreage Holdings Celebrates Launch of Adult-Use Sales at Vernon, Connecticut Dispensary

Last Trade: 0.19 0.0095 5.26

NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., today announced the commencement of adult-use sales at its Vernon, Connecticut dispensary. The Botanist Vernon is now operating as a hybrid dispensary, providing... Read more


Simply Better Brands Trubar Brand Further Expands Convenience Channel Footprint Adding Sheetz As New Retail Partner

Last Trade: 0.21 0.00 0.00

VANCOUVER, BC, March 8, 2024 /CNW/ - Simply Better Brands Corp. (TSXV: SBBC) (OTCQB: PKANF) ("SBBC" or the "Company") today announced the further expansion of TRUBAR in the convenience channel with the addition of Sheetz, a major mid-Atlantic convenience chain, as its newest retail brand partner. TRUBAR will be distributed chainwide across the +700 Sheetz outlets in Pennsylvania, West Virginia, Virginia,... Read more


Bright Green submits for historic DEA Registration for Production of Schedule I and Schedule II controlled substances.

Last Trade: 0.27 -0.001 -0.37

The application follows the Company’s approval from the New Mexico Board of Pharmacy this year. GRANTS, NM, March 07, 2024 (GLOBE NEWSWIRE) -- Bright Green Corporation, a Delaware corporation (the “Company”), announced today the submission of its DEA Registration for Bulk Production of Schedule I and Schedule II Controlled Substances. The application is an official and substantial step in Bright Green's... Read more


Trulieve Cannabis to Open Express Medical Cannabis Dispensary in Palm Bay, Florida

Last Trade: 10.91 0.00 0.00

New location is the Company's second dispensary dedicated to express pickup orders TALLAHASSEE, Fla., March 6, 2024 /CNW/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the opening of a new express medical cannabis dispensary in Palm Bay, Florida. A grand opening celebration will be held... Read more


AYR Wellness Cannabis Dispensary Celebrates Opening of Relocated Tallahassee Retail Location

Last Trade: 2.18 0.15 7.39

MIAMI, March 06, 2024 (GLOBE NEWSWIRE) -- AYR Cannabis Dispensary, a cannabis retail chain owned by AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced the opening of the relocated AYR Cannabis Dispensary Tallahassee. Located at 1525 W. Tennessee St, Tallahassee, Florida 32304, AYR Cannabis Dispensary... Read more


Curaleaf Reports Fourth Quarter and Full Year Ended 2023 Results

Last Trade: 4.96 0.00 0.00

Fourth quarter 2023 revenue of $345 million, representing an increase of 4% quarter-over-quarter. Fourth quarter 2023 adjusted EBITDA(1) of $83 million, representing 24% of revenue, a 490 basis point improvement year-over-year. Full Year 2023 cash flow from continuing operations of $91 million. NEW YORK, March 6, 2024 /CNW/ -- Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or... Read more


MariMed Reports Fourth Quarter and Full Year 2023 Earnings

Last Trade: 0.28 0.02 5.77

NORWOOD, Mass., March 06, 2024 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the fourth quarter and year ended December 31, 2023. “I am pleased to report another year of strong operational and financial performance,” said Jon Levine, Chief Executive... Read more


Tilray: Canada’s Broken Coast Cannabis Brand Expands Renowned Craft Flower Lineup

Last Trade: 1.92 0.19 10.98

TORONTO, March 05, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, announced today the latest craft flower releases by premium cannabis brand, BROKEN COASTTM. The brand introduces a new indica and new sativa: Cherry Cheesecake and EmergenZ. Since 2013, Broken Coast has stood out from the crowd with... Read more


Kona Gold Beverages Achieves Current Information Status and Unveils New HighDrate D9 Drink Can Designs

Last Trade: 0.0044 -0.0002 -4.35

Company actively engaged in negotiations with multiple acquisition candidates MELBOURNE, Fla., March 5, 2024 /PRNewswire/ -- Kona Gold Beverages, Inc. (OTCPK: KGKG), a dynamic holding company specializing in product development within the better-for-you and functional beverage sector, is proud to announce that it has obtained Current Information Status in an expedited manner, rectifying previous management's... Read more


Simply Better Brands Continuing Review Of Strategic Alternatives For Purekana Business

Last Trade: 0.21 0.00 0.00

VANCOUVER, BC, March 5, 2024 /CNW/ - Simply Better Brands Corp. (TSXV: SBBC) (OTCQB: PKANF) ("SBBC" or the "Company") today announced that it is continuing a review of strategic alternatives for the Company's PureKana cannabidiol (CBD) business. As part of the review of strategic alternatives, the Company and its advisors are evaluating the brand's performance, customer acquisition strategy, and long-term growth... Read more


MariMed’s Betty’s Eddies™ Introduces Ache Away Eddies PM For Those Who Chews A Pain-Free Night’s Sleep

Last Trade: 0.28 0.02 5.77

NORWOOD, Mass., March 04, 2024 (GLOBE NEWSWIRE) -- Betty’s Eddies™, the all-natural cannabis fruit chews handcrafted to fit a variety of needs, has launched a new flavor for consumers who want a pain-free, deep sleep: Ache Away Eddies PM. Ache Away Eddies PM may help ease inflammation and provide a restful night’s sleep by combining full spectrum cannabis with the most effective supporting cannabinoids and herbal... Read more


High Tide Opens Second Canna Cabana in Mississauga, Ontario

Last Trade: 1.72 -0.10 -5.49

CALGARY, AB, March 4, 2024 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 1891 Rathburn Rd E, Mississauga, Ontario will begin selling recreational cannabis products and consumption... Read more


Avant Brands Strengthens Board with the Addition of Tyson Macdonald

Last Trade: 0.07 -0.0003 -0.40

KELOWNA, BC / ACCESSWIRE / March 4, 2024 / Avant Brands Inc. (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative, premium handcrafted cannabis products, announces today that Tyson Macdonald has joined the Company's Board of Directors effective March 1, 2024. Tyson brings over 20 years of C-suite expertise in investment and transactions across diverse markets and... Read more


Vext Science Completes Acquisition of Columbus Dispensary, Strengthens Vertically Integrated Position in Ohio

Last Trade: 0.20 -0.0005 -0.25

Vancouver, British Columbia--(Newsfile Corp. - March 1, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("Vext" or the "Company"), a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today announced that it has completed the acquisition (the "Acquisition") of a cannabis dispensary in Columbus, Ohio (the "Columbus Dispensary"), as part of the previously disclosed acquisition of... Read more


Nextleaf Solutions Reports Quarterly Results with Record Revenue

Last Trade: 0.10 0.0013 1.35

Vancouver, British Columbia--(Newsfile Corp. - March 1, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading biotech firm and licensed cannabis processor, is pleased to report financial results for the quarter ended December 31st, 2023. The Company achieved record quarterly revenue growth, driven by market expansion, strong performance across its... Read more


Green Thumb Industries Expands Florida Retail Footprint with New RISE Dispensary in Dunnellon, its 15th Location in the Sunshine State

Last Trade: 12.88 0.00 0.00

CHICAGO and VANCOUVER, British Columbia, Feb. 29, 2024 (GLOBE NEWSWIRE) -- RISE Dispensaries, a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), today announced the opening of its 15th retail location in Florida and 92nd nationwide, RISE Dispensary Dunnellon. Located at 11192 N. Williams St., RISE Dispensary Dunnellon will open... Read more


MariMed Introduces New and Improved Vibations™ Cannabis and Electrolyte Drink Mix

Last Trade: 0.28 0.02 5.77

NORWOOD, Mass., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Vibations, the cannabis and electrolyte drink mix that delivers advanced hydration, has released several new flavors and has been re-formulated to deliver a faster acting 15-minute onset. Perfect for any on-the-go activity, Vibations provides a replenishing boost of focus and energy from its core formula of full-spectrum cannabis and hydrating electrolytes. Joining... Read more


Agrify Announces $3.4 Million Sales Order From New Jersey Woman-Owned Business HarvestWorks Farm

Last Trade: 0.40 0.008 2.07

TROY, Mich., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the signing of a multi-year cultivation and extraction deal with HarvestWorks Farm, New Jersey (“HarvestWorks Farm” or the “Customer”), a licensed New Jersey operator. The multi-faceted... Read more


Verano Holdings Announces Fourth Quarter and Full Year 2023 Financial Results

Last Trade: 5.55 0.23 4.32

Record Revenue of $938 Million Increased 2023 Net Cash Provided by Operating Activities by 16% to $110 MillionGenerated $73 million in Free Cash Flow1 for 2023, Meeting Guidance CHICAGO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the fourth quarter and... Read more


Trulieve Cannabis Reports Fourth Quarter and Full Year 2023 Results Highlighting Year End Momentum and Cash Generation

Last Trade: 10.91 0.00 0.00

Fourth quarter performance delivered highest revenue and gross margin for the year Record cash flow from operations of $202 million and free cash flow of $161 million* in 2023 Expect 2024 cash flow from operations of at least $225 million TALLAHASSEE, Fla., Feb. 29, 2024 /CNW/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in... Read more


Avant Brands Reports Record-Breaking Results in Fiscal Year 2023

Last Trade: 0.07 -0.0003 -0.40

KELOWNA, BC / ACCESSWIRE / February 29, 2024 / Avant Brands Inc (TSX:AVNT) (OTCQX:AVTBF) (FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products, proudly announces its audited financial results for the fiscal year ended November 30, 2023 ("Fiscal 2023"). The Company's Fiscal Year 2023 results, demonstrate growth across key financial metrics. Highlights... Read more


Cronos Group Reports 2023 Fourth Quarter and Full-Year Results¹

Last Trade: 2.23 0.13 6.19

Ended 2023 with approximately $862 million in cash and short-term investments Commenced sales to Australian partner Launched award-winning Lord Jones® brand in Canada Consolidated net revenue increased 9% in Q4 2023 compared to Q4 2022; on a constant currency basis consolidated net revenue increased 11% in Q4 2023 compared to Q4 2022 Net revenue in Canada increased 20% in Q4 2023 compared to Q4 2022; on a... Read more


Green Thumb Industries Reports Fourth Quarter and Full Year 2023 Results

Last Trade: 12.88 0.00 0.00

CHICAGO and VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today reported its financial results for the fourth quarter and full year ended December 31, 2023. Financial results are reported in accordance with U.S.... Read more


Ayurcann Holdings Reports Record Sales In Q2 2024 Featuring A 141% Increase In Gross Revenue

Last Trade: 0.02 0.00 0.00

Toronto, Ontario, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) (“Ayurcann” or the “Company”), a leading Canadian cannabis extraction company specializing in the processing and manufacturing of various derivative cannabis 2.0 and 3.0 products in the recreational market, is pleased to announce its financial and operational results for the three and six months ended... Read more

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