Core Viewpoint - Nevis Brands has signed a significant distribution agreement with ZT Distribution, allowing the company to expand its market presence by placing its hemp-derived THC beverages in nearly one thousand grocery and convenience stores across several Midwestern states [1][2][4]. Company Developments - The partnership with ZT Distribution marks a pivotal shift for Nevis Brands, transitioning from primarily operating in the dispensary market to mainstream retail environments, similar to where soft drinks and groceries are sold [4]. - The company is producing a ten-milligram version of its Happy Apple beverage, which is expected to be available in the market by mid-August [6]. Market Dynamics - The demand for hemp-derived THC beverages is increasing due to the mass acceptance and destigmatization of cannabis in the U.S., particularly in states like Wisconsin, Minnesota, and Illinois [5]. - The distribution of these products in grocery and convenience stores aligns with the trend of treating low-dose cannabis beverages similarly to beer, enhancing accessibility for consumers [5][6]. Financial Performance - Nevis Brands reported modest quarter-over-quarter revenue growth in its second quarter, although currency translation issues impacted overall financial results [7]. - The company is focused on cost management and driving EBITDA growth, aiming to improve its financial model by controlling production and wholesale pricing rather than relying solely on royalties [6][8][9].

Canadian Pot Stocks to Watch Right NowAs cannabis markets shift this week, Canadian cannabis stocks are once again gaining investor attention. At the same time, the U.S. industry continues to grow rapidly. In 2024, legal cannabis sales in the U.S. reached nearly $39 billion. Projections suggest that the number could climb past $44 billion in 2025. Growth is expected to continue at a strong pace through the decade. Despite this momentum, federal legalization remains stalled. However, several U.S. states are ...

MIAMI, July 18, 2025 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, today announces that it has entered into an additional amendment to its previously disclosed Limited Waiver Agreement with the holders of a majority of its senior secured notes (the "Majority Holders"). This latest amendment extends the temporary waiver period to July 25, 2025, providing the Company with further time and flexibili ...

Business & TechWork Resumes At Fulop-Linked Cannabis Dispensary In HobokenWorkers are renovating the interior of the controversial Story Dispensary on a residential corner in Hoboken.Workers are preparing to open a dispensary on a corner in Hoboken, following controversy in the past. (Caren Lissner/Patch)HOBOKEN, NJ — After a proposed cannabis dispensary in uptown Hoboken has sat vacant for months, construction has resumed. Over the last four years, the proposed Story dispensary at 14th and Hudson streets h ...

Key Takeaways Green Thumb's Q1 sales rose just 1% to $280M, with retail sales down 2.5% amid price compression. GTBIF's margins declined as pricing pressure and rising costs dragged EPS below expectations. Q2 outlook calls for flat revenues and EBITDA margins staying under 30% amid persistent headwinds.Despite being one of the largest cannabis operators by market capitalization, shares of Green Thumb Industries (GTBIF) have been declining persistently over the past few years due to regulatory hurdles and ...

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Core Viewpoint - Red White & Bloom Brands Inc. has filed its consolidated audited financial statements for the year ended December 31, 2024, and is working to finalize its interim financial statements for Q1 2025 after a delay that resulted in a cease trade order [1][2][3]. Financial Performance Summary 2024 Fourth Quarter ("2024-Q4") Results - Revenues for 2024-Q4 were $18.7 million, an increase of $2.8 million from restated 2023-Q4 revenues of $15.9 million [7]. - Gross profit for 2024-Q4 was $5.4 million, a decrease of $5.1 million from restated 2023-Q4 gross profit of $10.6 million [7]. - Operating expenses totaled $9.1 million for 2024-Q4, down $3.7 million from restated 2023-Q4 operating expenses of $12.8 million [7]. - EBITDA for 2024-Q4 was $6.3 million, an increase of $97.6 million compared to restated 2023-Q4 negative adjusted EBITDA of $91.3 million, which included $94.6 million in non-cash impairments [7]. Fiscal Year 2024 ("2024-YTD") Results - Revenues for 2024-YTD were $80.2 million, reflecting a $10.6 million increase compared to restated 2023-YTD revenues of $69.6 million [7]. - Gross profit for 2024-YTD was $28.4 million, an increase of $3.4 million from restated 2023-YTD gross profit of $25.0 million [7]. - Operating expenses for 2024-YTD were $40.4 million, an increase of $9.4 million compared to restated 2023-YTD operating expenses of $31.0 million [7]. - EBITDA for 2024-YTD was $10.8 million, a net increase of $99.76 million compared to 2023-YTD negative adjusted EBITDA of $89.0 million, which also included $94.6 million in non-cash impairments [7]. Company Overview - Red White & Bloom Brands Inc. is a multi-state cannabis operator focusing on major U.S. markets, including California, Florida, Missouri, Michigan, and Ohio, as well as Canadian and international markets [6].

Core Viewpoint - Red White & Bloom Brands Inc. has filed its consolidated audited financial statements for the year ended December 31, 2024, and is working to finalize its interim financial statements for Q1 2025 after a delay that resulted in a cease trade order [1][2][3]. Financial Performance - For Q4 2024, revenues were $18.7 million, an increase of $2.8 million compared to Q4 2023 revenues of $15.9 million [8]. - Gross profit for Q4 2024 was $5.4 million, a decrease of $5.1 million from Q4 2023 gross profit of $10.6 million [8]. - Operating expenses for Q4 2024 totaled $9.1 million, a decrease of $3.7 million compared to Q4 2023 operating expenses of $12.8 million [8]. - EBITDA for Q4 2024 was $6.3 million, an increase of $97.6 million compared to the negative adjusted EBITDA of $91.3 million in Q4 2023, which included $94.6 million in non-cash impairments [8]. - For the fiscal year 2024, revenues were $80.2 million, reflecting a $10.6 million increase compared to $69.6 million in 2023 [8]. - Gross profit for the fiscal year 2024 was $28.4 million, an increase of $3.4 million from $25.0 million in 2023 [8]. - Operating expenses for the fiscal year 2024 were $40.4 million, an increase of $9.4 million compared to $31.0 million in 2023 [8]. - EBITDA for the fiscal year 2024 was $10.8 million, a net increase of $99.76 million compared to the negative adjusted EBITDA of $89.0 million in 2023, which also included $94.6 million in non-cash impairments [8]. Company Overview - Red White & Bloom Brands Inc. is a multi-state cannabis operator focusing on major U.S. markets, including California, Florida, Missouri, Michigan, and Ohio, as well as Canadian and international markets [6].

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Grand Opening Marks 22nd Retail Location, Enhancing Patient Access to Premium Medical Products, New Brands, Engaging Store Layout and Drive-Thru ExperienceNEW YORK and TORONTO, July 17, 2025 (GLOBE NEWSWIRE) -- iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN, OTCQB: ITHUF), which owns, operates and partners with regulated cannabis operations across the United States, has announced the opening of its 22nd GrowHealthy dispensary in Florida, now serving patients in Palm Harbor. The new di ...