CEO Boris Jordan said Curaleaf would continue looking for paths to profitability, including through international expansion. Connecticut-based Curaleaf Holdings, Inc. (CURA: CA) (OTCQX: CURLF) on Wednesday posted a net loss of $44 million for the third quarter of 2024, bringing its total losses for the year to $144 million despite more than $1 billion in revenue as of Sept. 30. … [Read more...] about Curaleaf loses another $44 million, despite more than $1B in revenue for the year
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Election 2024 results: Marijuana measures fail in 3 states
Florida: rejected Florida voters rejected ballot measures Tuesday to legalize marijuana, handing a victory to Republican Gov. Ron DeSantis, who used state resources and campaigned heavily to defeat the issues. The marijuana measure would have allowed people 21 years old and older to possess about 3 ounces of marijuana, and it would have allowed businesses already growing and … [Read more...] about Election 2024 results: Marijuana measures fail in 3 states
Owners of proposed Winsted cannabis farm explain plan to grow marijuana plants outdoors
Nova Farms' proposal to change the town's zoning regulations to allow an outdoor cannabis farm on Old Robertsville Road, on an old farm property, was presented Oct. 28 to the Planning & Zoning Commission. WINSTED — Residents raised concerns about a proposal from Nova Farms to change the town's zoning regulations to allow it to grow cannabis outdoors on an old farm property … [Read more...] about Owners of proposed Winsted cannabis farm explain plan to grow marijuana plants outdoors
Flora Growth Reaffirms Supply Agreement With Curaleaf That Curaleaf Just Denied
On Monday morning, Curaleaf confirmed on X that “Curaleaf has entered into an agreement to supply cannabis products to Flora Growth for distribution through Flora in Germany. The terms of the agreement are disclosed in a Form 8-K filed on November 1, 2024, by Flora Growth Co. [https://www.sec.gov/Archives/edgar/data/1790169/000106299324018209/form8k.htm]. Curaleaf is pleased to … [Read more...] about Flora Growth Reaffirms Supply Agreement With Curaleaf That Curaleaf Just Denied
Recreational marijuana won’t be coming to Florida after voters reject Amendment 3
A proposed amendment that would have allowed for recreational marijuana use in Florida failed to get the needed support to pass. In Florida, constitutional amendments need at least 60% of the vote to be adopted. Amendment 3, which would have allowed people 21 and older to use marijuana without any medical reason, got about 56% of the vote. The Associated Press officially … [Read more...] about Recreational marijuana won’t be coming to Florida after voters reject Amendment 3
Agents in Philadelphia stop hundreds of pounds of marijuana on way to Britain
A U.S. Customs and Border Protection official in Philadelphia says an "unprecedented" amount of marijuana was recently found in a warehouse outside the city and was destined for Europe. On Wednesday, CBP said officers on Monday seized a combined total of 170 pounds of marijuana in 35 total parcels at an international shipping facility at a Delaware County warehouse in southeast … [Read more...] about Agents in Philadelphia stop hundreds of pounds of marijuana on way to Britain
Medical Cannabis in Texas: A Comprehensive Guide
In less than 60 days, the Texas Legislature will convene for the 89th Session, the only opportunity for lawmakers to consider expanding the state's medical cannabis program for the next two years. The Texas Compassionate Use Program provides relief to patients living with qualifying medical conditions, including epilepsy, PTSD and cancer by connecting patients with licensed … [Read more...] about Medical Cannabis in Texas: A Comprehensive Guide
Weed Delivery: Navigating the Toronto Cannabis Scene
As cannabis legalisation becomes more widespread, the convenience of weed delivery is transforming how enthusiasts across Canada access their favourite products. With various options available, from same-day delivery by local dispensaries to mail-order services nationwide, customers can explore a plethora of strains, edibles, and more without leaving their homes. The … [Read more...] about Weed Delivery: Navigating the Toronto Cannabis Scene
Stakeholders fight over Colorado cannabis company’s assets after operation’s demise
Six years after Colorado marijuana company Two Rivers Water & Farming Co. filed for Chapter 11 bankruptcy protection, stakeholders are still battling in court over a settlement deal with investors and a claim by a supposed manager who’s now accused of attempted theft in a recent filing. At issue is a $1.5 million settlement deal and an additional $500,000 in attorneys fees … [Read more...] about Stakeholders fight over Colorado cannabis company’s assets after operation’s demise
Trulieve sues Republican Party of Florida for defamation over marijuana amendment
Florida’s largest medical-marijuana company filed a defamation lawsuit Wednesday accusing the state Republican Party of launching an “intentionally deceptive campaign” to mislead voters about a proposed constitutional amendment that would allow recreational use of marijuana. With voting by mail already underway in the Nov. 5 election, the lawsuit filed by Trulieve, Inc. — which … [Read more...] about Trulieve sues Republican Party of Florida for defamation over marijuana amendment
