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Green Growth Brands Files for Bankruptcy
Green Growth Brands Inc. (GGB) announced today that it and certain of its direct and indirect wholly owned subsidiaries have filed for insolvency protection under the Companies’ Creditors Arrangement Act (Canada) and obtained an order from the Ontario Superior Court of Justice granting the applicants protection under the CCAA. Read on »
 

Trulieve Q1 Revenue Increases 21% Sequentially to $96.1 Million with 51% Adjusted EBITDA Margin
Trulieve Cannabis Corp. (TRUL) today announced its first quarter of 2020 ended March 31, 2020. The company achieved a record revenue of $96.1M, an increase of 21% on a sequential quarter-to-quarter basis. Read on »
 

Cannabis chain Strawberry Fields says no to being acquired in $31 million deal
Colorado Springs, Colorado-based Strawberry Fields terminated a $31M agreement in which Denver-based Schwazze (SHWZ) would have acquired the marijuana retail chain. Read on »
 

Charlotte’s Web Earns U.S. Patent for Improved Hemp Variety
Charlotte’s Web (CWEB) has achieved another milestone in its continued commitment to innovation and consistency in hemp genetics. The company has earned another U.S. utility patent, its second U.S. patent for hemp genetics. Read on »
 

Judge Approves $77M GenCanna Bankruptcy Sale
A U.S. bankruptcy judge has approved an order allowing Kentucky hemp processing company GenCanna Global USA Inc. to sell off its inventory, intellectual property, and licenses to MGG GenCanna Acquisition Group. The deal also involves a credit bid of $73.5M. Read on »
 

#1 Commodity Stock to Buy in 2020

This “magic” metal is essential to the global economy. Without it we couldn’t make airplanes, automobiles, or even smartphones. And one mining company — that recently unearthed the first BIG deposit in decades — will absolutely take off
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 Community News 

  • PetSmart Now Selling Hemp Extract In Select Markets Link>>

  • Helix Technologies Announces Q1 2020 Results, Delivers 35% Increase in Revenue, 69% Improvement in Cash Flows from Operations and Targets Profitability Link>>

  • CannoMed to cultivate medical cannabis in Galilee Link>>

  • Oregon Sets New Cannabis Sales Record In April Link>>

  • LAFD to inspect vape and tobacco stores after downtown blast Link>>

  • Jamaica Allows Online Medical Marijuana Purchases At ‘Herb Houses’ To Stop COVID Spread Link>>

  • Proscere Bioscience $200M Revenue Projection CBD Coldwater Extraction Moves Forward Link>>

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