Tag: CBT > News: Page 63

Cannabis Consumer Trends

Analyzing Cart Size Dynamics in Wholesale Cannabis

LeafLink analyzed average order value (AOV) alongside product category market share and pricing across nine markets to determine if the contents of a cart and/or price shifts impact cart size.

May 27, 2022

Finance

Harborside Inc. Reports First Quarter 2022 Financial Results

Year over Year net revenues increased 38.8% to $17.2 million, including one month contribution from Urbn Leaf and no contribution from Loudpack.

May 27, 2022

Legislation and Regulation

California Senate Approves Bill to Prohibit Municipalities From Banning Medical Cannabis Access

Sen. Scott Wiener’s Senate Bill 1186, which now heads to the Assembly, would require all cities and counties to provide medical cannabis access through brick-and-mortar dispensaries or delivery services.

May 26, 2022

Legislation and Regulation

Connecticut Lawmakers Approve New Medical Cannabis Testing Regulations

The new rules, proposed by regulators and approved by a legislative committee this week, would set new allowable levels of mold and yeast in medical cannabis products.

May 26, 2022

Georgia

Georgia Voters Express Support for Adult-Use Cannabis Legalization

A majority of voters responded favorably to a non-binding advisory question on the state’s primary election ballot that asked if Georgia should legalize, regulate and tax cannabis like alcohol.

May 26, 2022

Florida

Sanctuary Medicinals Opens Medical Dispensary in West Palm Beach, Florida, the Company's Eighth Location in the State

Location is Sanctuary's Third in Southeast Florida.

May 26, 2022

Massachusetts

Curaleaf Introduces Endless Coast Cannabis-Infused Seltzers in Massachusetts

The company's first beverage offering is formulated with botanical extracts and fast-acting nanotechnology.

May 26, 2022

Finance

The Green Organic Dutchman Starts Year with Record Quarterly Revenue, Reports First Quarter 2022 Results

The company achieved record quarterly net revenues of $10.58 million, a 96% increase from Q1 2021, and a 12% increase from Q4 2021.

May 26, 2022

Finance

Ayr Wellness Reports First Quarter 2022 Results

The company reports Q1 2022 revenue of $111.2 million, up 90% YoY.

May 26, 2022

Illinois

Ayr Wellness Closes Acquisition of Herbal Remedies Dispensaries, LLC

Ayr Wellness Inc. announced it has closed the definitive agreement to acquire Herbal Remedies Dispensaries.

May 26, 2022

Canadian Cannabis Market

Tilray Launches CBD Lifestyle Brand, Pollen, on Amazon UK

Designed to help uncomplicate wellness routines and elevate the CBD experience for consumers, POLLEN offers a unique product mix of tasty CBD gummies and drink drops in three signature lines.

May 26, 2022

Hemp Research

Leafreport Study Unveils Lack of Purity and Potency Testing by CBD Brands

The study examined 4,384 products from 188 CBD brands and found that only 7% of companies test all their products for pesticides, heavy metals and microbes.

May 25, 2022