Core Points - Ascend Wellness Holdings, Inc. will hold a conference call on May 12, 2025, at 5:00 PM ET to discuss its first quarter 2025 financial results [1] - The conference call can be accessed via a dial-in number or a live webcast on the company's Investor Relations website [2][3] - Ascend Wellness Holdings operates in multiple states including Illinois, Maryland, Massachusetts, Michigan, New Jersey, Ohio, and Pennsylvania, and is involved in the cultivation and distribution of cannabis products [3]

Core Insights - Village Farms International, Inc. has won two Gold Stevie® Awards and one Bronze Stevie® Award at the 23rd Annual American Business Awards® for its achievements in sustainable business models and international expansion [1][2][5]. Group 1: Awards and Recognition - The company received the Gold Stevie Award for Lifetime Achievement in the Consumer Products Industries, recognizing the visionary leadership of its CEO, Michael A. DeGiglio, in controlled environment agriculture and the cannabis sector [3]. - Village Farms was awarded the Gold Stevie for Sustainable Business Models, highlighting its commitment to environmentally responsible agriculture, achieving 97% land savings and 86% water reduction, while reducing CO₂ emissions by approximately 475,000 metric tons annually [4]. - The Bronze Stevie Award for Achievement in International Expansion was given for the company's rapid scaling of global cannabis operations, including a 111% year-over-year increase in international medicinal cannabis sales [5]. Group 2: Company Overview - Village Farms operates as a vertically integrated supplier in controlled environment agriculture, focusing on high-value plant-based consumer packaged goods, and is a leading fresh produce supplier in North America [10]. - The company’s subsidiary, Pure Sunfarms, is one of the largest cannabis operations globally and a top-selling brand in Canada, while it also holds an 80% stake in Rose LifeScience, a cannabis products commercialization expert [11]. - Internationally, Village Farms is expanding its cannabis and CBD operations, exporting medical cannabis to markets such as Germany and Australia, and holds one of ten licenses to grow recreational cannabis in the Netherlands [12].

Financial Performance - Cannara Biotech reported net revenues of $26.6 million for Q2 2025, a 35% increase from $19.7 million in Q2 2024, driven by national brand growth and product innovation [3][6][11] - Gross profit before fair value adjustments rose 52% to $10.8 million in Q2 2025, with gross margins improving to 41% from 36% [4][11][29] - The company achieved net income of $3.3 million, a significant improvement from a net loss of $3.4 million in the prior year [4][11][29] - Adjusted EBITDA more than doubled to $7.1 million, marking the sixteenth consecutive quarter of positive Adjusted EBITDA, up 102% from $3.5 million in Q2 2024 [4][11][29] Operational Highlights - Cannara activated its 11th grow zone in April 2025, with a 12th zone expected to come online in May, expanding active canopy to over 300,000 sq. ft. and supporting an annual production capacity of up to 40,000 kg [3][4][13] - The company plans to launch over 20 new products in 2025, with a focus on scaling to meet unmet demand [3][4] Market Position - Cannara's estimated national retail market share reached 3.9% in Q2 2025, a 34.5% increase from 2.9% in Q2 2024, with notable gains in Québec, Ontario, and Alberta [3][6][11][23] - The company reported a 40% increase in gross cannabis revenues before excise taxes to $36.8 million, reflecting strong demand across existing and new markets [11][29] Strategic Execution - The company is focused on disciplined execution and brand investment while maintaining low capital expenditures, presenting high return on investment opportunities [4][6] - Cannara's operational model has demonstrated resilience, achieving consistent profitability and growth despite challenges in the market [4][6]

Core Insights - Alan Brochstein is a pioneer in the cannabis investment sector, having focused exclusively on this industry since 2007 [1] - He founded AB Analytical Services to provide independent consulting for registered investment advisors and has been managing partner of New Cannabis Ventures since 2015, which offers financial information relevant to the cannabis industry [1] Group 1 - Alan has been running the investing group 420 Investor since 2013, which focuses on publicly-traded cannabis stocks and moved to Seeking Alpha in 2023 [2] - The 420 Investor group closely monitors 23 stocks, providing investment news, earnings report previews, and post-report analyses [2] - Additional features of the group include two model portfolios, ten weekly videos with chart analysis, three weekly summary pieces, a monthly newsletter, and a chat service for questions [2] Group 2 - Alan also offers a sub-service called The Big Picture, designed to help investors stay informed about the cannabis sector [2]

Company Overview - WM Technology, Inc. operates an online marketplace and data aggregator specifically for the cannabis industry, known as Weedmaps, which facilitates education and compliant transactions for users and vendors [1]. Market Position - The platform allows users to learn about cannabis products while enabling vendors to sell their products in a compliant manner, indicating a strong positioning within the cannabis market [1].

Core Viewpoint - A class action securities lawsuit has been filed against Canopy Growth Corporation, alleging securities fraud that affected investors between May 30, 2024, and February 6, 2025 [1] Group 1: Allegations of Fraud - The lawsuit claims that Canopy Growth Corporation made false statements regarding significant costs incurred during the production of Claybourne pre-rolled joints and the launch of the Claybourne product in Canada [2] - It is alleged that these costs, along with indirect costs related to Storz & Bickel vaporizer devices, would negatively impact the Company's gross margins and overall financial results [2] - The defendants are accused of overstating the effectiveness of Canopy's cost reduction measures and the health of its gross margins while downplaying related issues [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 3, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]

TILT Holdings manages a diverse portfolio of companies in the cannabis industry, encompassing technology, hardware, cultivation, and production. Its core business, Jupiter Research LLC, is a wholly owned subsidiary and a global distribution leader in the vaporization segment. Jupiter is dedicated to hardware design, research, development, and distribution to support cannabis brands and retailers across the United States, Canada, South America, and the European Union. Additionally, TILT is a multi-state oper ...

Core Viewpoint - Cronos Group Inc. will hold its first quarter earnings conference call on May 8, 2025, at 8:30 a.m. ET to discuss financial results and answer questions from the investment community [1]. Company Overview - Cronos is a global cannabinoid company focused on advancing cannabis research, technology, and product development, aiming to build a disruptive intellectual property portfolio [3]. - The company is committed to enhancing the consumer experience and developing an iconic brand portfolio, which includes brands like Spinach®, PEACE NATURALS®, and Lord Jones® [3]. Conference Call Details - Participants can register for the conference call or webcast online and are encouraged to join fifteen minutes early to avoid delays [2]. - The webcast will be archived for replay on the company's website [2]. Contact Information - For inquiries, the investor relations contact is Harrison Aaron, reachable at (416) 504-0004 or via email at investor.relations@thecronosgroup.com [5].

NEW YORK, April 24, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Canopy Growth Corporation (NASDAQ: CGC). Shareholders who purchased shares of CGC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/canopy-growth-corporation-loss-submission-form-2/? id=144669&from=4 CLASS PER ...

Core Viewpoint - Canopy Growth Corporation is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its financial performance and cost management during the specified class period [3]. Group 1: Allegations - The lawsuit claims that Canopy incurred significant costs related to the production of Claybourne pre-rolled joints during its product launch in Canada [3]. - It is alleged that these costs, along with indirect costs from Storz & Bickel vaporizer devices, negatively impacted the company's gross margins and overall financial results [3]. - The defendants are accused of overstating the effectiveness of Canopy's cost reduction measures and downplaying issues related to gross margins, leading to misleading public statements [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as May 30, 2024, to February 6, 2025 [3]. - Shareholders who purchased shares during this period are encouraged to register for the class action, with a deadline set for June 3, 2025 [4]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [4]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].