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Cannabis M&A Activity At All-Time Highs With Little Signs Of Slowing Down

Cannabis industry M&A activity continues to boom in 2021. Financial tech firm Refinitiv reported a 94% surge in M&A during. ....

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Pot Users Splurge on $800 Bongs as Stigmas Fade

Pot Users Splurge on $800 Bongs as Stigmas Fade
May 10 2021, 8:57 PM
May 10 2021, 4:30 PM
May 10 2021, 8:57 PM
(Bloomberg) Cannabis accessories are getting the luxury treatment, from $800 bongs designed by artists to $600 bespoke tabletop lighters and $300 vanity trays.
(Bloomberg) Cannabis accessories are getting the luxury treatment, from $800 bongs designed by artists to $600 bespoke tabletop lighters and $300 vanity trays.
These upscale products are catching on as stigmas around marijuana dissipate and its consumers seek to show off cannabis culture. The items are meant to be proudly displayed and double as home dÃ©cor and art, rather than paraphernalia thatâs stashed away when company arrives. ....

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Harborside Reports Full-Year 2020, Q4 Results: What Cannabis Stock Investors Need To Know

Vertically integrated cannabis company
Harborside Inc (CSE:HBOR) (OTCQX:HBORF) reported Monday that gross revenue grew by 29.4% year-over-year to roughly $63.4 million in fiscal 2020.
Adjusted EBITDA came in positive, at $7.4 million for the same period, compared to an $8.9 million loss in 2019.
The Oakland, California-based company also revealed it generated $13.1 million in revenue in the fourth quarter and an adjusted EBITDA gain of $700,000.
Matt Hawkins, chairman of Harborside, called 2020 a turning point year for the company.
We re thrilled with the progress we have made and excited for the year ahead, he added.
Full-Year Financial Highlights
Total net revenue hit approximately $60 million, up by 28% year-over-year. ....

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Wilco Opens, Harbor Freight Plans To Open In Summer

Wilco Opens, Harbor Freight Plans To Open In Summer
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New York Cannabis Companies Like GTI, Curaleaf React to State Legalization

New York Cannabis Companies Like GTI, Curaleaf React to State Legalization
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