THC

Curaleaf Reports First Quarter 2024 Results

Retrieved on: 
Jeudi, mai 9, 2024
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NEW YORK, May 9, 2024 /PRNewswire/ -- Curaleaf Holdings, Inc. (TSX: 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, 2024. All financial information is reported in accordance with U.S. generally accepted accounting principles (GAAP) and is provided in U.S. dollars unless otherwise indicated.

Key Points: 
  • First quarter 2024 revenue of $339 million, representing an increase of 2% year-over-year and adjusted gross margin(1) of 48%
    First quarter 2024 adjusted EBITDA(1) of $77 million, representing 23% of revenue, a 40 basis point improvement year-over-year
    NEW YORK, May 9, 2024 /PRNewswire/ -- Curaleaf Holdings, Inc. (TSX: 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, 2024.
  • Boris Jordan, Executive Chairman of Curaleaf, stated, "Consistent with our expectations, first quarter revenue grew 2% to $339 million, and we achieved a 48% adjusted gross margin.
  • Curaleaf International rebranded Sapphire Clinics to Curaleaf Clinics in the U.K.
    Acquired Can4Med, an experienced pharmaceutical wholesaler in Poland to enhance our market presence.
  • Curaleaf reports its financial results in accordance with GAAP and uses a number of financial measures and ratios when assessing its results and measuring overall performance.

Goodness Growth Holdings Announces First Quarter 2024 Results

Retrieved on: 
Mardi, mai 7, 2024
Sale, International, Treasury, THC, State, Toll, Supreme court, Growth, Restaurant, A Flower, Biomass, Event, Interim, Goodness, Drink, Interest

MINNEAPOLIS, May 07, 2024 (GLOBE NEWSWIRE) -- Goodness Growth Holdings, Inc. ("Goodness Growth" or the "Company") (CSE: GDNS; OTCQX: GDNSF), a cannabis company committed to providing safe access, quality products and great value to its customers, today reported financial results for its first quarter ended March 31, 2024. Key financial results are presented below in summary form with supporting commentary and discussion from management of certain key operating metrics which the Company uses to judge its performance. All currency figures referenced herein are denominated in U.S. dollars.

Key Points: 
  • On April 1, 2024, the Company announced that it has executed a binding term sheet with ACE Venture Enterprises, Inc. (“Ace”), whereby Ace will acquire Goodness Growth Holdings subsidiary, Vireo Health of New York, pending regulatory approval.
  • The parties also committed to a collaborative advisory agreement that retains Goodness Growth’s management and compliance oversight in return for an approximate 15 percent share of net profits.
  • On May 1, 2024, the Company announced several leadership and corporate updates related to the day-to-day management of its business.
  • ET (3:30 p.m. CT) to discuss its financial results for its first quarter ended March 31, 2024.

N2OFF: Save Foods to Target California’s Hemp Market

Retrieved on: 
Lundi, mai 6, 2024
Agriculture, THC, California Department, Health, CBD, Disease, Census, Patient, Pesticide, Census of agriculture, Cannabinoid, Crop protection, Risk, Save

Neve Yarak, Israel, May 06, 2024 (GLOBE NEWSWIRE) -- N2OFF, Inc.\ (NASDAQ: NITO) (FSE:80W) (“N2OFF” or the “Company”), a pioneer agri-food tech company offering sustainable solutions for agriculture and plant-based food, announced today that its subsidiary Save Foods Ltd. (“Save Foods”) is set to target the hemp flower market in California. The Company recently announced that the California Department of Pesticide Regulation approved and registered the use of Save Foods’ pre-harvest treatment, FieldProtect, based on compliance with provisions of California laws and regulations pertaining to pesticide registration.

Key Points: 
  • Neve Yarak, Israel, May 06, 2024 (GLOBE NEWSWIRE) -- N2OFF, Inc. \ (NASDAQ: NITO) (FSE:80W) (“N2OFF” or the “Company”), a pioneer agri-food tech company offering sustainable solutions for agriculture and plant-based food, announced today that its subsidiary Save Foods Ltd. (“Save Foods”) is set to target the hemp flower market in California.
  • The Company recently announced that the California Department of Pesticide Regulation approved and registered the use of Save Foods’ pre-harvest treatment, FieldProtect, based on compliance with provisions of California laws and regulations pertaining to pesticide registration.
  • Hemp flowers are usually treated before harvesting, the new approval allows the Company to address and approach the California market.
  • California produced 56% of all U.S. hemp flower, which is used to extract CBD and other cannabinoids, including intoxicating hemp-derived THC.

AUXLY ANNOUNCES EXPANSION INTO QUEBEC AND LAUNCHES NEW TRANSFORMATIVE PRE-ROLL AND VAPE INNOVATION

Retrieved on: 
Lundi, mai 6, 2024
Kolab, THC, Burn, Vanilla, Human back, Hand, TSX, SKU, Trichome, Cadastre, Retail

The Company is also thrilled to introduce its latest array of innovative pre-roll and vape products, designed to redefine standards and enhance user experiences.

Key Points: 
  • The Company is also thrilled to introduce its latest array of innovative pre-roll and vape products, designed to redefine standards and enhance user experiences.
  • The Company has officially launched its first branded product in Quebec, where consumers are able to experience the simple, uncomplicated products of Back Forty.
  • "We are thrilled to announce our entry into the Quebec market," said Mike Lickver, President of Auxly.
  • Auxly's new product launches will be available in select retail stores across the country this spring and summer.

3CHI Demonstrates Safety and Potential Benefits of Delta 8 THC in Comprehensive Study

Retrieved on: 
Jeudi, mai 2, 2024
Multimedia, Delta 8, Research, Safety, Rat, THC, Platinum, Online shopping

This pivotal study further confirms the safety of Delta 8 THC and showcases 3CHI's continued pioneering scientific research within the cannabinoid sector.

Key Points: 
  • This pivotal study further confirms the safety of Delta 8 THC and showcases 3CHI's continued pioneering scientific research within the cannabinoid sector.
  • This is the first in a series of tests that 3CHI is conducting to evaluate and further prove the safety and efficacy of its products.
  • Throughout the entire study, the rats displayed no significant adverse effects, thus confirming the product's safety at all administered doses.
  • This study provides strong validation for the safety of 3CHI's Platinum Delta 8 THC oil, reinforcing its reliable safety profile even when used beyond recommended dosages.

Humboldt Seed Company partners with Apollo Green to bring California cannabis genetics to the global marketplace

Retrieved on: 
Mardi, avril 30, 2024
Genetics, THC, Golden Sands, Breeding, Business development, Partnership, Plant, Muffin, HSC, SAN, Green, Agriculture

SAN FRANCISCO, April 30, 2024 /PRNewswire/ -- Humboldt Seed Company (HSC), California's leading cannabis seed producer, has announced a partnership with Canadian-based Apollo Green to make eight breeder cuts available to researchers, licensed commercial cultivators and home growers in legal markets worldwide. This first-to-market clonal genetics release is a significant milestone and will expand access to distinctive, high-quality cannabis genetics in both established and emerging global markets including Germany, Portugal and Australia.

Key Points: 
  • Apollo Green to distribute Humboldt Seed Company clonal cannabis genetics to Germany, Portugal and Australia
    SAN FRANCISCO, April 30, 2024 /PRNewswire/ -- Humboldt Seed Company (HSC) , California's leading cannabis seed producer, has announced a partnership with Canadian-based Apollo Green to make eight breeder cuts available to researchers, licensed commercial cultivators and home growers in legal markets worldwide.
  • This first-to-market clonal genetics release is a significant milestone and will expand access to distinctive, high-quality cannabis genetics in both established and emerging global markets including Germany, Portugal and Australia.
  • The curated, breeder-verified selection includes pioneering triploid genetics, such as OG Triploid and Donutz Triploid alongside the legendary cult classic Blueberry Muffin.
  • "Access for all to quality genetics has been our core focus since the beginning," said HSC Co-founder and Chief Science Officer, Benjamin Lind.

Humboldt Seed Company partners with Apollo Green to bring California cannabis genetics to the global marketplace

Retrieved on: 
Mardi, avril 30, 2024
Genetics, THC, Golden Sands, Breeding, Business development, Partnership, Plant, Muffin, HSC, SAN, Green, Agriculture

SAN FRANCISCO, April 30, 2024 /PRNewswire/ -- Humboldt Seed Company (HSC), California's leading cannabis seed producer, has announced a partnership with Canadian-based Apollo Green to make eight breeder cuts available to researchers, licensed commercial cultivators and home growers in legal markets worldwide. This first-to-market clonal genetics release is a significant milestone and will expand access to distinctive, high-quality cannabis genetics in both established and emerging global markets including Germany, Portugal and Australia.

Key Points: 
  • Apollo Green to distribute Humboldt Seed Company clonal cannabis genetics to Germany, Portugal and Australia
    SAN FRANCISCO, April 30, 2024 /PRNewswire/ -- Humboldt Seed Company (HSC) , California's leading cannabis seed producer, has announced a partnership with Canadian-based Apollo Green to make eight breeder cuts available to researchers, licensed commercial cultivators and home growers in legal markets worldwide.
  • This first-to-market clonal genetics release is a significant milestone and will expand access to distinctive, high-quality cannabis genetics in both established and emerging global markets including Germany, Portugal and Australia.
  • The curated, breeder-verified selection includes pioneering triploid genetics, such as OG Triploid and Donutz Triploid alongside the legendary cult classic Blueberry Muffin.
  • "Access for all to quality genetics has been our core focus since the beginning," said HSC Co-founder and Chief Science Officer, Benjamin Lind.

RIV Capital Reports Financial Results for the Fiscal Quarter and Nine-Month Transition Period Ended December 31, 2023

Retrieved on: 
Lundi, avril 29, 2024
Fiscal year, Table, CFO, OCM, CCB, Safety, THC, Health, City, OTC, Tobacco, RIV, SGC, Patient, Acquisition, National instrument, Organization, Growth

On December 8, 2023, Etain received approval from the New York Cannabis Control Board (the "CCB") for transition to an adult-use operator.

Key Points: 
  • On December 8, 2023, Etain received approval from the New York Cannabis Control Board (the "CCB") for transition to an adult-use operator.
  • Financial Results for the Fiscal Quarter and Nine-Month Transition Period Ended December 31, 2023
    The following is a summary of the Company's financial results for three months and nine-month transition period ended December 31, 2023, the three months ended December 31, 2022, and fiscal year ended March 31, 2023.
  • Accordingly, the Company is reporting "fiscal year end" results for the nine-month transition period from April 1, 2023, to December 31, 2023, and, as a result, the comparative figures for the prior fiscal year ended March 31, 2023, are not directly comparable.
  • Furthermore, the comparative operating results reported by the Company for the year ended March 31, 2023, include the operating results for Etain from April 22, 2022, to March 31, 2023.

Village Farms International Expands Executive Team

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Mercredi, avril 24, 2024
Science, HEC, Research, Central Waqf Council, Doctor of Philosophy, Policy, CHAMP, Toxicology, SQDC, University Medical Center, JD, McGill University, Task force, General counsel, THC, Bachelor of Commerce, Corporate Affairs, Organization, Circle, Marketing, Business development, Barclays, VCU Medical Center, International Cannabinoid Research Society, Methodist University, Concordia University, Final good, Research fellow, Southern Methodist University, Interim, MBA, Drug

VANCOUVER, British Columbia and ORLANDO, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or “the Company”) (NASDAQ: VFF) today announced that it is expanding its executive team with the following new roles:

Key Points: 
  • VANCOUVER, British Columbia and ORLANDO, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or “the Company”) (NASDAQ: VFF) today announced that it is expanding its executive team with the following new roles:
    Chief Operating Officer – Ann Gillin Lefever;
    President, Global Medical Cannabis – Paul Furfaro; and,
    General Counsel, Global Cannabis – John Harloe.
  • It is a testament to the strength of our organization that we have identified the right individuals to take on these critical roles from within our own ranks,” said Michael DeGiglio, President and Chief Executive Officer, Village Farms.
  • Ms. Gillin Lefever is an accomplished business, finance and capital markets executive who served as an external consultant to Village Farms starting in 2020.
  • Mr. Furfaro joined Village Farms in 2023 as Senior Vice President, Strategy, leading, amongst other initiatives, an assessment of international cannabis opportunities and later assuming leadership of the global medical cannabis business.

CBDistillery™ shhh+ Distilled Deep Sleep Gummies Deliver Better Sleep, Improved Quality of Life

Retrieved on: 
Mardi, avril 23, 2024
Pathfinder, THC, Cannabinol, Partnership, Quality of life, CBN, Sleep

The 31-day Pathfinder study, conducted by CBDistillery™ in partnership with MoreBetter’s (dba Releaf App™ ) highly rated tracking technology, analyzed the ways in which gummies containing hemp-derived CBD, Delta-9 tetrahydrocannabinol (THC), and cannabinol (CBN) can improve sleep.

Key Points: 
  • The 31-day Pathfinder study, conducted by CBDistillery™ in partnership with MoreBetter’s (dba Releaf App™ ) highly rated tracking technology, analyzed the ways in which gummies containing hemp-derived CBD, Delta-9 tetrahydrocannabinol (THC), and cannabinol (CBN) can improve sleep.
  • The results showed that participants who regularly took one shhh+ Distilled Deep Sleep gummy per night found it easier to stay asleep throughout the night while also reporting improved quality of sleep throughout the study.
  • 98% shared that CBDistillery™’s shhh+ Distilled Deep Sleep Gummies had only a positive impact on their quality of life;
    91% would recommend CBDistillery™’s shhh+ Distilled Deep Sleep Gummies to others;
    79% found it was easier to fall back asleep after waking up during the night after using CBDistillery’s shhh+ Distilled Deep Sleep Gummies compared to when they did not take it;
    77% stated CBDistillery™’s shhh+ Distilled Deep Sleep Gummies performed better than any other sleep aid product previously used; and,
    74% woke up feeling more refreshed after using CBDistillery™’s shhh+ Distilled Deep Sleep Gummies.
  • We look forward to continuing this journey and sharing more insights with our community,” said Bill Stoufer, President of Balanced Health Botanicals.