Hi,

Ex-NBA great Chris Webes and Jason Wyld, CEO of TerrAscend, are dominating headlines with the Webber Wild Impact Fund which provides capital for people of color. Unfortunately, it seems that these headlines are false as a NY Cannabis Insider investigation couldn’t find successfully funded companies. Say it ain’t so, Chris! Perhaps he should call a timeout and explain the situation. ;)

We have an inkling that New York is going to launch cannabis delivery shortly, while New Jersey takes steps towards consumption lounges.

There are rumors with details of upcoming cannabis banking and the back and forth with the DOJ. The hope is that cannabis banking, minus legalization, will pass attached to another bill before the new congress is sworn in. My fingers are crossed. :)

Feel free to subscribe to our Cannabis or CBD News Roundups.

Have a splendid week,
Jessica

2022-11-28
Organigram Holdings Inc (TSX: OGI) Canadian producer reports record growth in Q4.
Flora Growth Corp (NASDAQ: FLGC) global cannabis company, reports exciting Q3.
Cantor Fitzgerald’s analyst wrote an upbeat research report on major cannabis companies Truelieve, Crescp, TerrAscend, WM Technology, Canopy, Sundial and Aurora.
Hempshire Group Announces Q3 financial results.

2022-11-29
RIV Capital Inc (OTC:CNPOF) posts $142.3M loss for Q2 of 2023.
The Flowr Corp (OTC: FLWPF)Toronto based company officially for sale.
Dash Capital Corp (TSXV: DCX.P) announce record revenue and EBITDA in Q3 2022 (unaudited), convertible debenture financing, and expected timeline for RTO Transaction.

2022-11-30
Radient Technologies Inc (TSXV: RTI) releases Q2 information and faces a demand notice for loan repayment with no clear path yet to be able to meet it.
Colorado Dept. of Education concerned about their ability able to fund the same amount of grants for 2023, doubtful to match $97M of last fiscal year.
Curaleaf (TSE: CURA) lays off an additional 220 employees in an effort to decrease costs, joining Weedmaps, Eaze and Dutchie in cutting staff.
Cansortium Inc (OTCQX: CNTMF) able to overcome effects of Hurricane Ian with 8% rise in stock value.

2022-12-02
Green Thumb Industries (OTC:GTBIF) ranked as top four cannabis pick by Analyst Gerald Pascarelli for Wedbush.