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3 Marijuana Stocks For Investors To Make Profits
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-06-27 14:30
Here Is A List Of Marijuana Stocks For Investing TodayAs the cannabis industry continues to prosper, most marijuana stocks have not. Yet, the progress and innovation in legal cannabis are nothing short of amazing. Just the battle in the United States alone has been an ongoing fight that still amazes many. Almost all of the United States has legalized cannabis in some form. The states that are left have a community of supporters working to get legislation passed. Despite the legal hurdles, a fair number of t ...
AYR Wellness Provides Update on Q1 2025 Interim Filings
Globenewswire· 2025-06-27 12:00
Core Viewpoint - AYR Wellness Inc. is currently facing delays in filing its interim financial statements due to ongoing negotiations with creditors and the assessment of accounting classifications for certain debt obligations, which are part of a broader strategic review process to address payment obligations and support long-term plans [2][3]. Financial Status - The interim financial statements for the three-month period ended March 31, 2025, have not yet been completed, and the company does not have a precise estimate for when they will be filed [3]. Regulatory Impact - A failure-to-file cease-trade order (FFCTO) issued by the Ontario Securities Commission is in effect, prohibiting all trading in AYR's securities across Canadian jurisdictions, and this will remain until the interim filings are completed [4]. Company Overview - AYR Wellness is a vertically integrated U.S. multi-state cannabis operator with over 90 licensed dispensaries and a portfolio of cannabis consumer packaged goods (CPG) brands, committed to delivering high-quality products and positively impacting its communities [6].
High Tide to Open Two New Canna Cabana Locations in Toronto and Winnipeg
Prnewswire· 2025-06-27 10:00
Core Insights - High Tide Inc. is expanding its Canna Cabana retail cannabis stores, with new locations opening in Winnipeg and Toronto, increasing its total store count to 202 across Canada [1][4]. Group 1: Store Openings - The Canna Cabana store in Winnipeg will start selling recreational cannabis products on June 27, 2025, while the Toronto location will open on July 1, 2025 [1]. - The Winnipeg store is strategically located in a grocery-anchored plaza with a local population of approximately 10,000 within a 1-kilometer radius, providing access to a new customer base [2]. - The Toronto store is situated in The Well, a mixed-use shopping mall that attracts significant foot traffic, enhancing visibility and accessibility for customers [3]. Group 2: Market Performance - High Tide's stores in Manitoba and Ontario have shown strong performance, with annualized revenue run rates significantly above the national average [4]. - The company emphasizes its differentiated discount club model and loyalty ecosystem as key drivers of its success in these markets [4]. Group 3: Company Overview - High Tide is recognized as the second-largest cannabis retailer globally by store count, with a fully integrated operation across all components of cannabis [5]. - The company operates a suite of leading accessory e-commerce platforms and has a diverse brand roster, including Queen of Bud™ and Cabana Cannabis Co™ [6][7]. - High Tide has been acknowledged as one of Canada's Top Growing Companies for four consecutive years and ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023 [9].
Thailand Stubs Out $1 Billion Cannabis Market | WSJ News
WSJ News· 2025-06-26 15:48
Thailand is reigning in the sale of cannabis without prescriptions. When the country liberalizes cannabis rules a few years ago, it was seen as a bold but controversial move in a region that has some of the most stringent drug laws in the world. For instance, I'm here in Singapore where trafficking certain amounts of drugs can carry the death penalty.This is estimated to be a billiondoll industry in Thailand. So, changing the rules could have major implications for people's livelihoods. When the rules were ...
Tilray Medical Publishes Pioneering Research on the Pharmacokinetics of THC and CBD Formulations
Globenewswire· 2025-06-26 11:00
Core Insights - A new study published by Tilray Medical focuses on the bioavailability of different cannabinoid formulations, specifically comparing Tilray's THC:CBD extract and nabiximols [1][4] Group 1: Study Overview - The study assessed pharmacokinetic parameters and relative bioavailability of two formulations: Tilray THC:CBD extract (10 mg/mL each of THC and CBD) and nabiximols (total dose of 10.8 mg THC and 10 mg CBD) [2] - Conducted with twelve healthy volunteers, the study revealed that the Cmax for THC and CBD was significantly higher for the Tilray extract compared to nabiximols [3] Group 2: Key Findings - The study found that THC and CBD were undetectable 24 hours post-dose, and 11-OH-THC was markedly reduced from its peak [3] - No serious adverse events were reported during the study, indicating a favorable safety profile for the Tilray formulation [3] Group 3: Implications and Future Directions - The findings suggest that the oral administration of Tilray's THC:CBD extract may achieve higher cannabinoid concentrations more quickly than nabiximols, which could have significant implications for therapeutic use [4] - Tilray's Medical Director emphasized the importance of understanding cannabinoid pharmacokinetics to enhance therapeutic outcomes [5]
MEME COINS INC., a Controlled Subsidiary of DOGP, to Acquire 2 Billion DOG Tokens from Tipestry
Globenewswire· 2025-06-25 19:00
Core Business Overview - Dogecoin Cash Inc. (DOGP) is a publicly traded company that operates in the cannabis telemedicine sector and blockchain innovation, holding a patented cannabis strain and product for hypertension treatment [6][7] - The company focuses on developing and commercializing cannabis-based products, including CBD-infused wellness solutions and pharmaceutical-grade formulations, while seeking to expand its portfolio through strategic partnerships and acquisitions [7] Blockchain and Digital Asset Strategy - Dogecoin Cash Inc. is actively exploring blockchain technology and decentralized finance (DeFi) applications, aiming to enhance transparency, security, and efficiency in cannabis supply chains and financial transactions [8][11] - The company is assessing potential utility tokens, NFTs, and other crypto-related ventures that align with its long-term vision [9] Recent Acquisition - MEME COINS INC., a subsidiary of Dogecoin Cash Inc., has entered into an agreement to acquire 2 billion Dogecoin Cash (DOG) tokens, which will double its total DOG holdings to approximately 4.02 billion tokens without any dilution [1][3] - In exchange for the DOG tokens, MEME COINS INC. will issue 250,000 shares of Preferred Stock to Tipestry, Inc., maintaining its status as a wholly controlled subsidiary of DOGP [2][3] Strategic Growth Initiatives - Dogecoin Cash Inc. is committed to pursuing strategic mergers, acquisitions, and joint ventures to enhance its influence in both the cannabis and blockchain sectors [10] - The company aims to broaden its investor base and diversify revenue streams while leveraging emerging technologies to drive growth [11]
Verano Unveils Bodega-Style Dispensary Experience at Zen Leaf Cave Creek in Phoenix
Globenewswire· 2025-06-25 11:30
Core Insights - Verano Holdings Corp. is launching a new bodega-style dispensary format at Zen Leaf Cave Creek in Phoenix, Arizona, aimed at transforming the traditional cannabis retail experience [2][4] - The new format allows customers to browse and select products directly from shelves, enhancing convenience and accessibility [3][4] - A grand re-opening celebration is scheduled for June 27-28, featuring various events and promotions to attract customers [2] Company Overview - Verano is a leading multi-state cannabis company with operations in 13 states, including 157 dispensaries and 15 cultivation and processing facilities, totaling over 1.1 million square feet of cultivation capacity [7][8] - The company produces a diverse portfolio of cannabis products under various brands, including Verano Reserve, Essence, and MÜV [5][8] - Verano aims to innovate and differentiate its retail offerings to meet the evolving demands of the cannabis market [4] Retail Strategy - The bodega-style format provides customers with the freedom to choose their shopping experience, including self-selection from category-specific shelves and various purchasing methods such as online pre-orders and curbside pickup [4][3] - The company plans to explore scaling this new dispensary experience across its Arizona retail footprint and introduce third-party activation opportunities for wholesale partners [7]
Glass House Brands Inc. Announces Voting Results Following Annual and Special Meeting
Globenewswire· 2025-06-24 21:00
Core Points - Glass House Brands Inc. held its annual and special meeting on June 20, 2025, where shareholders passed all resolutions presented [1] - All eight nominees for the Board of Directors were elected with overwhelming support, with voting percentages ranging from 99.350% to 99.999% [2] - Shareholders approved the re-appointment of Macias Gini & O'Connell LLP as auditors with a 99.99% favorable vote and a 97.85% approval for a one-time fixed increase to the rolling 10% share reserve under the long-term equity incentive plan [3] Company Overview - Glass House Brands is recognized as one of the fastest-growing, vertically integrated cannabis companies in the U.S., focusing on the California market [5] - The company emphasizes sustainable practices in its operations, which include greenhouse cultivation, manufacturing, brand-building, and retailing [5] - Glass House's brand portfolio includes Glass House Farms, PLUS Products, Allswell, and Mama Sue Wellness, along with a network of retail dispensaries [5]
TerrAscend Announces Results of Annual General Meeting
Globenewswire· 2025-06-24 20:30
TORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND, OTCQX: TSNDF), a leading North American cannabis company, today announced the results of its annual meeting of shareholders held on June 24, 2025 (the "Meeting"). Common shareholders at the Meeting affirmatively approved the following resolutions: The re-election of Mr. Craig Collard, Ms. Ira Duarte, Mr. Ed Schutter, Ms. Kara DioGuardi and Mr. Jason Wild as directors of the Company for the ensuing year, ...
THC Therapeutics, Inc. Announces Acquisition of Oregon and California Consortium of Cannabis Companies
Globenewswire· 2025-06-24 12:30
Breakthrough Transaction Unites Segment Leaders into a Powerful and Flexible Player in the Legal Cannabis IndustryMEDFORD, Ore., June 24, 2025 (GLOBE NEWSWIRE) -- THC Therapeutics, Inc. (“THCT” or the “Company”), (OTC: THCT), a company focused on the emerging and dynamic legal and regulated cannabis industry, announced today that it has acquired all of the issued and outstanding ownership interests of The Headquarters Group, Inc. (“THG”) in an all-share transaction valued at approximately $11,000,000 (the " ...