Congressional Leaders, Social Justice Advocates Call for Cannabis Decriminalization during Cannabis Summit

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WASHINGTON – Last Prisoner Project (LPP) has mobilized the largest coalition of bi-partisan cannabis advocacy, industry, and grassroots organizations, as well as individual activists to convene in Washington D.C. on April 18, 2024, for a 420 Unity Day of Action. A number of lobbying events have been planned to apply public pressure on Congress and the President to take action to fully...

Joe Hodas to Succeed Nancy Whiteman as CEO of Wana Brands

Joe Hodas
BOULDER, Colo. – Nancy Whiteman, co-founder and CEO of Wana Brands, Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC (collectively, "Wana") will be stepping down from her day-to-day role at the end of May 2024 to pursue philanthropic activities and other interests. This move follows an incredible founder story that saw Wana rise from a kitchen creation...

TYSON 2.0 Expands European Footprint

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ORANGE COUNTY, Calif. -- TYSON 2.0, the premium cannabis brand of legendary boxer, entrepreneur, and advocate Mike Tyson, and Carma HoldCo Inc announced they have teamed up with PHCANN International (PHCANN), a leading multinational pharmaceutical company committed to providing high-quality cannabinoid-based products worldwide, to exclusively cultivate, manufacture and distribute TYSON 2.0 branded THC products such as flower, concentrates and consumables across Germany and...

IMC to transfer Oranim Pharmacy shares back to seller

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TORONTO and GLIL YAM, Israel -- IM Cannabis Corp, a leading medical cannabis company with operations in Israel and Germany, is announcing that, further to the news release dated January 12, 2024, the Company has decided not to make remaining installment payments installments (i.e. NIS 5,873K including interest or 2,154K CAD) by IMC Holdings Ltd., and as such will transfer the 51%...

4Front Ventures Reports Fourth Quarter and Full Year 2023 Financial Results

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PHOENIX - 4Front Ventures Corp., a vertically integrated, multi-state cannabis operator and retailer, today announced its financial results for the fourth quarter and full year ended December 31, 2023. All financial information is presented in U.S. dollars unless otherwise indicated. Q4 2023 Highlights GAAP revenue from continuing operations of $ 21.0 million Adjusted EBITDA (non-GAAP) of $ 2.5 million FY 2023 Highlights GAAP revenue from continuing operations...

Investors Remain Cautious While Technology Holds Promise

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With federal legalization nowhere in sight and legislative reforms unlikely this year, companies looking for investment in 2024 are in a more precarious position than ever as multistate operators and other competitors size them up for mergers and acquisitions (M&A). Interest rates shot through the roof and inflation worries spooked investors in 2023, so investment capital dried up and an...

Vangst Acquires CannabizTemp, CannabizTeam’s Temp Staffing Division

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DENVER - Vangst, a cannabis industry hiring platform, has acquired CannabizTemp, the temporary staffing division of CannabizTeam. The acquisition was 50% cash, 50% stock, and is the first acquisition in the cannabis HR space. Vangst launched Vangst GIGS, an on-demand hiring platform, in 2018 to address the cannabis industry's variable labor and hiring needs. Since launching Vangst GIGS in 2018,...

13 Dispensaries That Dared to Be Different With Great Success

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Humans have a complicated relationship with convenience. We’re forever chasing shortcuts and quick fixes, implementing them wherever we can to move faster and accomplish more. Perhaps that’s why some minimally designed dispensaries find success: Their interiors don’t attract attention or intentionally engage consumers, providing little distraction from the products on display. However, streamlined shops, while great for in-and-out shoppers,...

New Survey Indicates Strong Support Among Americans for Legalizing Home Cannabis Cultivation

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NEW YORK – A recent national survey revealed a significant majority of Americans over the age of twenty-one support the legalization of cannabis cultivation at home, highlighting the disparity between current legislative policies and public opinion on the matter. Conducted by The Harris Poll on behalf of Royal Queen Seeds, a global cannabis seed bank, the study found 59 percent...

420 Property Launches Cannabis MLS

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SACRAMENTO, Calif. -- 420 Property, an online marketplace for cannabis real estate and business listings, is proud to introduce Cannabis MLS. This new platform is strategically designed to complement 420 Property's current offerings, significantly enhancing the reach and exposure of listings to better serve individuals and businesses involved in the cannabis industry. Cannabis MLS  operates as a Multiple Listing Service (MLS),...