American Cannabis News

American Cannabis Operator Index Soars 40% in November

The American Cannabis Operator Index exploded higher in November, jumping 40.0% to 57.93: After ending 2019 at 43.27, the index has now advanced 32.5% in 2020 and has rebounded 255.4% from an...
- December 1st, 2020 at 8:40 am

4Front Q3 Revenue Increases 25% Sequentially to $12.4 Million

4Front Announces Third Quarter 2020 Results and Business Update Q3 Systemwide Pro Forma Revenue increased 18% quarter-over-quarter to $22.3 million, 170% year-over-year – Company became cash flow positive from...
- November 30th, 2020 at 4:30 pm

Massive California Cannabis Operator Created with SPAC Deal

Subversive Capital Acquisition Corp., the Largest Cannabis SPAC in History, Announces Transaction with Shawn “JAY-Z” Carter, Roc Nation, Caliva and Left Coast Ventures Newly formed vertically integrated cannabis company...
- November 24th, 2020 at 11:54 am

Jushi Holdings Boosts Revenue 67% Sequentially in Q3 to $24.9 Million

Jushi Holdings Inc. Reports Third Quarter 2020 Financial Results Third Quarter 2020 Revenue Increases 67% Sequentially to $24.9 million; Gross Profit Increases 64% Sequentially to $12.3 million; Increases Fourth Quarter 2020 Outlook and Provides First Quarter 2021 Outlook BOCA RATON, Fla., Nov. 24,...
- November 24th, 2020 at 8:36 am

Curaleaf Q3 Revenue Increases 55% to $182 Million

Curaleaf Reports Record Third Quarter 2020 Financial and Operational Results Record Third Quarter Pro Forma Revenue(1)(2)of $215.3 Million Record Third Quarter Managed Revenue(1)of $193.2 Million, up 164% and in Line with...
- November 17th, 2020 at 4:24 pm

Vireo Accelerates Expiration for 13.65 Million C$0.96 Warrants

Vireo Health Announces Forced Redemption of Warrants Issued in Conjunction with March 2020 Private Placement — Successful financing helped drive improvements in operating performance — — Management expects redemptions...
- November 16th, 2020 at 5:16 pm

West Virginia Awards 10 Medical Cannabis Processing Licenses

Medical Cannabis Processors Announced 11/13/2020 The West Virginia Department of Health and Human Resources, Bureau for Public Health, Office of Medical Cannabis (OMC) today announced the successful applicants for...
- November 13th, 2020 at 6:05 pm