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Verano Announces Promotion and Appointment of James Leventis as Chief Strategy and Compliance Officer
Globenewswire· 2025-07-15 11:00
Core Viewpoint - Verano Holdings Corp. has appointed James Leventis as Chief Strategy and Compliance Officer, effective July 1, 2025, to enhance its strategic leadership in regulatory and compliance matters across its national operations [1][4]. Company Overview - Verano Holdings Corp. is a leading multi-state cannabis company in the U.S., recognized for its historical revenue, geographic scope, and brand performance [5]. - The company operates under the Zen Leaf and MÜV dispensary brands and offers a range of high-quality cannabis products through its diverse portfolio, including brands like Verano, Essence, and MÜV [5]. - Verano's operations span 13 U.S. states with 15 production facilities and over 1.1 million square feet of cultivation capacity [5]. Leadership and Experience - James Leventis has been with Verano since 2019 and has significantly contributed to the company's growth from a single-state operator to one of the largest publicly traded cannabis companies [2]. - Leventis has a background in regulatory, compliance, M&A, and licensing across various sectors, including healthcare and cannabis, and has served in leadership roles in multiple trade associations and political action committees [2][3]. Strategic Importance - The promotion of Leventis is expected to strengthen Verano's executive leadership team and support the company's initiatives in navigating the dynamic cannabis sector [4]. - His advocacy for cannabis reform at both state and federal levels is seen as a valuable asset for the company as it seeks to influence legislative advancements [3][4].
Pure Sunfarms Publishes First-Of-Its-Kind Cannabis Potency Research in Scientific Reports
GlobeNewswire News Room· 2025-07-15 11:00
Core Insights - Pure Sunfarms Corp. has published significant research on THC potency variability in cannabis, emphasizing the need for improved labeling practices in the industry [1][3][4] Group 1: Research Findings - The study conducted by Village Farms Canadian Cannabis Research analyzed dried cannabis flower from commercial-scale production, revealing substantial THC level variations within individual plants and across different strains [2] - The research indicates that cannabis, being an agricultural product, exhibits natural variability influenced by environmental factors, challenging the notion of a fixed THC percentage as a quality measure [3] Group 2: Industry Implications - Current Canadian regulations require a single THC percentage on cannabis packaging, which the study suggests misrepresents the actual cannabinoid content experienced by consumers [3] - The findings provide a basis for evidence-based policy discussions and potential regulatory changes in the cannabis industry [3] Group 3: Company Overview - Pure Sunfarms is a leading cannabis producer in Canada, operating one of the largest cannabis facilities globally, with a focus on high-quality B.C. grown cannabis [5][8] - The company is recognized for its popular cultivars, including Pink Kush, and maintains EU GMP certification for international medicinal market exports [6][8] Group 4: Future Growth and Expansion - Village Farms, the parent company of Pure Sunfarms, is expanding its cannabis operations internationally, targeting markets with significant growth potential and exporting medical cannabis to countries like Germany and Australia [9] - The company also plans to enter the U.S. THC market, leveraging its greenhouse assets in Texas for future expansion [10]
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 ...
Pineapple, Inc. to Launch Real-World Asset Token Designed to Monetize Intellectual Property
Globenewswire· 2025-07-14 13:00
Core Insights - Pineapple, Inc. is entering the digital asset space with the launch of the Pineapple Express Token, a cryptocurrency backed by real-world assets, set for release in Q3 2025 [1][2] - The token aims to generate recurring royalties through the commercial use of the company's intellectual property, including domains, trademarks, and patents, utilizing blockchain-based smart contracts [2][3] - Shareholders of Pineapple, Inc. will receive Pineapple Express Tokens at no cost by verifying their ownership of PNPL stock [3] Company Overview - Pineapple, Inc. is based in Los Angeles, California, and operates as a diversified intellectual property and brand management company [5] - The company also provides management and consulting services for licensed cannabis operations, functional mushroom supplements, and CBD wellness products through its subsidiary, Pineapple Wellness, Inc. [5] - The leadership team possesses extensive regulatory knowledge and business experience across the cannabis, wellness, and tech sectors [5]
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]
MariMed Expands Access to Top-Selling Betty's Eddies Brand in Maine
GlobeNewswire News Room· 2025-07-14 11:30
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 edibles in Massachusetts, Maryland, and Delaware, and aligning with the company's "Expand the Brand" strategy [3] Company Overview - MariMed Inc. is recognized as a leading multi-state cannabis operator, focusing on the development and management of advanced cultivation, production, and retail facilities [4] - The company boasts a portfolio of award-winning cannabis brands, including Betty's Eddies™, Bubby's Baked™, and others, which are well-regarded by consumers across the United States [4] Industry Context - The cannabis market in Maine is valued at $455 million, indicating significant growth potential for companies like MariMed that are expanding their product offerings [1] - Medical cannabis sales are a crucial segment of the market, representing more than half of the total cannabis revenues in the state [2]
AXT Drops On Negative Q1 2025 Profit Margins And Weak Q2 Outlook
Seeking Alpha· 2025-07-13 12:00
Core Insights - The article serves as an introduction to "The Cannabis Report," which focuses on the cannabis industry and includes insights from an experienced analyst and consultant in the field [1] Industry Overview - The cannabis industry is highlighted as a growing sector with increasing interest from investors and analysts [1] - The report aims to provide technical stock analysis, option strategies, small cap strategies, and insights into emerging markets within the cannabis sector [1] Analyst Background - The analyst has a decade of experience in the cannabis industry and has contributed to notable publications such as High Times Magazine [1] - A book titled "Cannabis in the Ancient Greek and Roman World" has been published by the analyst, indicating a depth of knowledge in the historical context of cannabis [1]
GrowGeneration Could Rally Sharply
Seeking Alpha· 2025-07-13 11:02
Group 1 - 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 to registered investment advisors [1] - Brochstein is the managing partner of New Cannabis Ventures, which has been a key provider of financial information in the cannabis industry since 2015 [1] Group 2 - Alan has led the investing group 420 Investor since 2013, which focuses on publicly-traded cannabis stocks [2] - The group covers 20 stocks, providing investment news, earnings report previews, and post-report analyses [2] - Additional features of the group include a model portfolio, 10 weekly videos with chart analysis, 3 weekly summary pieces, a monthly newsletter, and a chat for questions [2]