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Pure Sunfarms Publishes First-Of-Its-Kind Cannabis Potency Research in Scientific Reports
GlobeNewswire News Room· 2025-07-15 11:00
DELTA, British Columbia, July 15, 2025 (GLOBE NEWSWIRE) -- Pure Sunfarms Corp. (“Pure Sunfarms”), a wholly owned subsidiary of Village Farms International, Inc. (Nasdaq: VFF) and one of Canada’s leading cannabis producers, has published groundbreaking peer-reviewed research in Scientific Reports (Nature Portfolio), highlighting the natural variability of THC potency within cannabis plants and reinforcing the need for more transparent and accurate labelling across the industry. The study, led by the Village ...
X @Forbes
Forbes· 2025-07-15 06:40
Industry Focus - Cannabis industry has a "Willy Wonka Flavor Factory" [1] Company Overview - The report focuses on a specific company within the cannabis industry [1]
Nevis Brands Reports Q2 2025 Results: Revenue Growth, Stable Gross Margin
Thenewswire· 2025-07-14 21:00
Core Insights - Nevis Brands Inc. reported a modest revenue increase in Q2 2025 compared to Q1, driven by stable revenues in licensed markets and early performance of its hemp-derived THC product line [2][4] - The company maintained a gross profit margin of 75%, reflecting the effectiveness of its capital-light licensing model [2][5] - Non-operational factors, including foreign exchange pressure and elevated audit fees, impacted earnings, resulting in a net loss of CAD 92,458 for the quarter [3][4] Financial Performance - Revenue for Q2 2025 was CAD 418,745, slightly up from CAD 416,355 in Q1 [4] - Gross profit was CAD 315,228, showing stability compared to CAD 315,345 in Q1 [4] - EBITDA for the quarter was CAD -16,226, a decline from CAD 135,038 in Q1 [4] Operational Highlights - Geographic expansion in New Jersey and Missouri contributed to revenue growth, with flagship brands Major™ and Happy Apple™ gaining traction [5] - The launch of the Happy Apple™ hemp-derived THC drink generated initial positive consumer feedback, with expectations for sales acceleration in the second half of fiscal 2025 [5] - The company's asset-light strategy continues to validate its gross margin of 75%, allowing for low fixed costs and adaptability to market changes [5] Strategic Outlook - Nevis is positioned to capitalize on growth drivers as the cannabis beverage category matures and consumer adoption increases [6] - The company is focused on scaling revenues and progressing towards sustained profitability, with strong brand momentum and disciplined cost control [6][11] - New distribution partnerships are under review, expected to enhance national distribution for Major™ and Happy Apple™ [11]
Tilray Shares Blazing: What's Behind the 55% Rally This Month?
MarketBeat· 2025-07-14 20:41
Core Insights - Tilray Brands has experienced a significant decline in stock price, dropping over 99% from its peak of nearly $150 due to various industry challenges [1][2] - Recent stock performance shows a 55% increase in a one-month span, raising questions about potential long-term recovery driven by improved cash flow and regulatory changes [2] Financial Performance - The 12-month stock price forecast for Tilray is $1.92, indicating a potential upside of 204.23% from the current price of $0.63 [3] - The company has improved its cannabis gross margins to 41%, up from 33% a year earlier, and achieved an overall gross margin of 28% compared to 26% in the prior year [4] - Tilray has successfully reduced its debt, with levels now under 1x its trailing 12-month EBITDA [4][6] - Fiscal 2025 revenue estimates have been revised down to $850 million to $900 million from a previous range of $950 million to $1 billion [6] Regulatory Environment - There is optimism regarding potential regulatory changes under the second Trump administration, particularly the possible reclassification of cannabis by the DEA [7][8] - The rescheduling process for cannabis has faced delays, but may resume with the confirmation of a new DEA Administrator [8] Product and Market Expansion - Tilray has expanded its product lineup, including new summer cannabis products and a significant beverage portfolio acquired from Anheuser-Busch [9][10] - The company has received authorization from the Italian Ministry of Health to import and distribute proprietary medical cannabis flowers, enhancing its position in the European market [11]
X @Bloomberg
Bloomberg· 2025-07-14 13:38
RT Businessweek (@BW)Cannabis, legalized in Thailand in 2022, was a lifeline for rural farmers. Now, as the government backtracks, their future is unclear https://t.co/DKyg9zSUfw ...
CORRECTION -- MariMed Expands Access to Top-Selling Betty’s Eddies Brand in Maine
Globenewswire· 2025-07-14 12:37
Core Insights - MariMed Inc. has entered a licensing agreement with The Stoned Moose, a cannabis operator in Maine, to expand the distribution of its Betty's Eddies™ full-spectrum fruit chews in the $455 million Maine cannabis market [1][2] - The new agreement allows for the distribution of Betty's Eddies to both adult-use and medical cannabis consumers, with medical cannabis sales accounting for over 50% of Maine's cannabis revenues in 2024 [2] - The CEO of MariMed expressed optimism about the brand's potential in Maine, citing its market leadership in Massachusetts, Maryland, and Delaware, and emphasizing the company's "Expand the Brand" strategy [3] Company Overview - MariMed Inc. is recognized as a leading multi-state cannabis operator, specializing in the development and management of cultivation, production, and retail facilities [4] - The company boasts a portfolio of award-winning cannabis brands, including Betty's Eddies™, Bubby's Baked™, Vibations™, InHouse™, and Nature's Heritage™, which are well-regarded by consumers nationwide [4]
CORRECTION -- MariMed Expands Access to Top-Selling Betty's Eddies Brand in Maine
GlobeNewswire News Room· 2025-07-14 12:37
Core Insights - MariMed Inc. has entered into a licensing agreement with The Stoned Moose, a cannabis operator in Maine, to expand the distribution of its Betty's Eddies™ full-spectrum fruit chews in the state's $455 million cannabis market [1][2][3] - The new agreement allows for the distribution of Betty's Eddies to both adult-use and medical cannabis consumers, tapping into a market where medical cannabis sales accounted for over 50% of Maine's cannabis revenues in 2024 [2][3] - The CEO of MariMed expressed optimism about the brand's potential in Maine, citing its market leadership in Massachusetts, Maryland, and Delaware, and positioning this move as part of the company's "Expand the Brand" strategy [3] Company Overview - MariMed Inc. is recognized as a leading multi-state cannabis operator, specializing in the development and management of cultivation, production, and retail facilities [4] - The company boasts a portfolio of award-winning cannabis brands, including Betty's Eddies™, Bubby's Baked™, Vibations™, InHouse™, and Nature's Heritage™, which are well-regarded by consumers across the country [4]
MariMed Expands Access to Top-Selling Betty's Eddies Brand in Maine
GlobeNewswire News Room· 2025-07-14 11:30
NORWOOD, Mass., July 14, 2025 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed,” “the Company”) (CSE: MRMD) (OTCQX: MRMD) today announced a licensing agreement with The Stoned Moose, LLC (“The Stoned Moose”), a vertically integrated cannabis operator in Maine. This partnership will significantly expand the distribution of the Company’s top-selling Betty’s Eddies™ full-spectrum fruit chews in the $455 million Maine cannabis marketplace. Terms of the deal were not disclosed. Betty’s Eddies has been available exclus ...
MariMed Expands Access to Top-Selling Betty’s Eddies Brand in Maine
Globenewswire· 2025-07-14 11:30
NORWOOD, Mass., July 14, 2025 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed,” “the Company”) (CSE: MRMD) (OTCQX: MRMD) today announced a licensing agreement with The Stoned Moose, LLC (“The Stoned Moose”), a vertically integrated cannabis operator in Maine. This partnership will significantly expand the distribution of the Company’s top-selling Betty’s Eddies™ full-spectrum fruit chews in the $455 million Maine cannabis marketplace. Terms of the deal were not disclosed. Betty’s Eddies has been available exclus ...
X @Bloomberg
Bloomberg· 2025-07-14 04:04
Cannabis, legalized in Thailand in 2022, was a lifeline for rural farmers. Now, as the government backtracks, their future is unclear https://t.co/1XZYrmPSvL ...