Cannabis News for Florda
Trulieve Reports Record First Quarter 2021 Revenue of $193.8M, Net Income of $30.1M and Adjusted EBITDA of $90.8M
Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced its results for the quarter ended March 31, 2021. The Company became a U.S. reporting company effective February 4, 2021 and the consolidated financial statements are reported in accordance with U.S. Generally Accepted Accounting Principles... Read more
VERANO UPSIZES EXISTING CREDIT AGREEMENT BY US$100 MILLION WITH A 9.75% ANNUAL INTEREST RATE ON A NON-DILUTIVE BASIS
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced it has entered into an Amended and Restated Credit Agreement (the “Restated Credit Agreement”) for a senior secured term loan of US$130 million. The Restated Credit Agreement has a maturity date... Read more
CURALEAF INTERNATIONAL LAUNCHES RANGE OF MEDICAL CANNABIS PRODUCTS IN GERMANY
Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer products in cannabis, today announced that wholly owned Curaleaf International subsidiary Adven GmbH (“Adven”) has launched its own range of medical cannabis products in Germany, Europe’s largest medical cannabis market.  The initial launch of a high... Read more
Columbia Care Unveils National Retail Experience with Launch of Cannabist; Creates a National Dispensary Network Leveraging Proprietary Technology Platforms to Support the Customer Journey Anytime, Anywhere
Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and providers of medical and adult-use cannabis products, today announced the launch of its new retail brand, Cannabist. More than a dispensary, Cannabist will... Read more
CANSORTIUM REDEEMS US$5 MILLION OF CONVERTIBLE NOTES
Cansortium Inc. (“Cansortium” or the “Company”) (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced that it has exercised its right to redeem up to the maximum of US$5 million of the convertible promissory notes (the “Notes”) that were initially issued in the aggregate principal amount... Read more
VERANO ANNOUNCES OPENING OF ZEN LEAF ADULT-USE DISPENSARY IN CHICAGO’S WEST LOOP
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or “the Company”), a leading multi-state cannabis company, today announced the opening of Zen Leaf West Loop, the first Zen Leaf to open within the City of Chicago. The new flagship dispensary, located at 222 South Halsted Street, is situated in... Read more
CURALEAF REPORTS RECORD FIRST QUARTER 2021 FINANCIAL AND OPERATIONAL RESULTS
Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer products in cannabis, today reported its financial and operating results for the first quarter ended March 31, 2021. All financial information is provided in U.S. dollars unless otherwise indicated. 1Q 2021 Financial Highlights (Unaudited) ($ thousands,... Read more
Fluent Announces First Quarter 2021 Financial Results
Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, today reported financial results for the first quarter ended 2021. Ryan Schulke, Fluent’s Chief Executive Officer, commented, “We are motivated and energized as we accelerate the strategic transition of our business through our Traffic Quality Initiative. We see a clear, long-term... Read more
Trulieve Announces the Largest US Cannabis Transaction; Acquisition of Harvest Health & Recreation Inc., Creates the Most Profitable Multi-State Operator in the World’s Largest Cannabis Market
Trulieve Cannabis Corp. (“Trulieve” or the “Company“) (CSE: TRUL) (OTC: TCNNF) and Harvest Health & Recreation Inc. (“Harvest“) (CSE: HARV, OTCQX: HRVSF) are pleased to announce they have entered into a definitive arrangement agreement (the  “Arrangement Agreement“) pursuant to which Trulieve will acquire all of the issued and outstanding subordinate voting shares,... Read more
Trulieve Completes Acquisition of Mountaineer Holding LLC in West Virginia
Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced the closing of the acquisition of Mountaineer Holding LLC. Total transaction consideration was $6 million satisfied through the payment of $3 million in cash and by the issuance of 60,342 subordinate voting shares... Read more