September 3, 2019

Creates a GrowGen Michigan Operation in Excess of $15 Million; 3rd Quarter Revenue is Tracking in Excess of $20 Million

GrowGeneration Corp.,  the largest chain of specialty retail hydroponic and organic garden centers, with 23 locations, announced that it has purchased the assets of Grand Rapids Hydroponics (GRH), with one location in Grand Rapids, MI. Following the acquisition, GrowGen...

August 29, 2019

Gabriella's Kitchen Inc., a consumer packaged goods company operating in the regulated cannabis sector in California and the mainstream grocery channel nationally, announced second-quarter earnings that included revenue of $2.5 million versus $319,000 one year ago. 

The company saw an increase in the number of California dispensaries to which it distributes from 80 to 170 during the quarter. Gabrie...

August 15, 2019

Vireo Health International, Inc., a leading physician-led, science-focused multi-state cannabis company, today announced that the Company's affiliate, Ohio Medical Solutions, was granted a Certificate of Operation by the Ohio Department of Commerce. OMS, which will begin operating immediately, was previously awarded a provisional processing license.

OMS is now permitted to purchase plant material f...

August 8, 2019

Acquisition Expands Cresco Labs’ Multistate Footprint into Limited License New York Market Projected to Grow to $500 Million by 2022

Cresco Labs Inc., one of the largest vertically integrated multi-state cannabis operators in the United States, announced that it has received regulatory approval for its acquisition of 100% of the membership interests of Gloucester Street Capital the parent entity of...

July 31, 2019

CB2 Insights, a leading data-driven company focused on bringing real-world evidence driven from the point-of-care to the medical cannabis community, has appointed former Johnson & Johnson executive Peter Cummins as a Director to its Board, increasing the size of its Board of Directors to seven members.

“The high interest and development potential that exists between medical cannabis and traditional...

July 18, 2019

CB2 Insights, a leading data-driven company focused on bringing Real-World Evidence driven from the point-of-care to the medical cannabis community, announced that it has been selected as exclusive research technology platform for the leading, and only, independent scientific body on drugs in the UK, working to provide evidence-based information on safety and efficacy within medical cannabis. A Le...

July 16, 2019

Vireo Health, one of the first medical marijuana companies to be licensed in New York, announced the launch of the state’s first same-day marijuana delivery service. Patients living in the New York City metro area, Westchester County and Nassau County will now have access to free, same-day home delivery. This is the first time that medical marijuana will be available to patients in New York via sa...

June 13, 2019

Within 14 months of Daisy Mellet’s hiring, Merida grew the firm from $7 million AUM to more than $125 million AUM and quadrupled its number of employees.This past week, Entrepreneur featured Daisy (recently honored by High Times as one of 2018's Most Influential Figures in Cannabis), her unconventional journey "into the wild west world of cannabis," her decades of experience in the highly regulate...

May 7, 2019

GrowGeneration, one of the largest chains of specialty hydroponic and organic garden centers, reported financial results for its quarter ended March 31, 2019. GrowGen, one of the first Merida portfolio companies, reported record revenues (+199%) and net income, with same store sales up over 42% year over year, and margins increasing, and a profitable quarter with all signs that the company is fina...

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