North America

Mon
15
Nov

Trulieve Delivers Strong Quarter, Admits Accounting Weakness

cannabis leaf

Trulieve Cannabis Corp.  (CSE: TRUL) (OTCQX: TCNNF) announced its results for the quarter ended September 30, 2021, as revenue increased 64% year-over-year to $224.1 million, beating estimates by $2 million. Trulieve also delivered a net income of $18.6 million, although the company did note that it was impacted by $16.4 million of one-time compensation and transaction costs primarily associated with the Harvest acquisition.

Trulieve reported earnings with a basic net income of $0.15 per share and diluted net income of $0.14 per share. This missed the Yahoo Finance average analyst estimates for earnings of $0.24.

Mon
15
Nov

5 Things You Should Know When Mixing Cannabis And Caffeine

Cannabis and caffeine are two very popular substances, the go-to of a lot of people for productivity. Here are 5 things you should know.

Marijuana and caffeine are substances that people are very attached to. They facilitate the productivity for many of us, making our lives easier and more manageable. Nowadays, there’s a lot of companies trying to combine the two.

Even before marijuana was embraced by the mainstream, enthusiasts of the drug were finding creative ways of mixing these two elements, adding cannabis to oil or butter and mixing it in with their coffee, perfecting recipes that resulted in a completely different high.

Fri
12
Nov

Protecting Your Cannabis Company: Why Artificial Intelligence is a Must

working on a laptop
Revolutionary developments in Artificial Intelligence (AI) technology are finally making it feasible for businesses in the cannabis sector to more efficiently monitor their assets—for a mere fraction of the prevailing cost. With Cloudastructure, you get the best AI-based surveillance system available on the market today.
 
Fri
12
Nov

Hemp oil is packed with healthy fatty acids - here's why that's great news for your skin and heart

hemp oil

Hemp oil comes from the same species of Cannabis sativa plants that yield marijuana and CBD oil, but it's a decidedly different product.

Hemp oil, aka hemp seed oil, is produced by cold-pressing the seeds from hemp plants, similar to how olive oil is made by pressing olives.

However, hemp seeds have little to no THC or CBD, says Jeffrey Chen, MD, co-founder and CEO of Radicle Science, a health-tech company that offers research and validation services for CBD products.

Fri
12
Nov

The Cannabis-COVID Connection: What We Know And What We Don’t Know

face masks

Though little to no medical research links cannabis use with COVID-19 relief, that is definitely not the case in business where the pandemic proved to be a boon for the industry.

As the world continues to contend with COVID-19, much about the virus remains uncertain, including its interactions with cannabis. (original article appeared on Benzinga)

In the early months of the pandemic, various studies linked pot to both adverse and beneficial results. The trend continues today, with little conclusively known about the cannabis-COVID medical connection if indeed there is one.

Fri
12
Nov

4 Former WWF And WCW Superstars Turned Weed Activists

wrestling match

Back in the day, pro athletes didn’t talk about using cannabis. But times have changed, and these old school wrestling stars have come out of the ring to sing the plant’s praises.

Most pro wrestling fans know that illegal drugs and painkillers were a big part of the lifestyle of many of its superstars during the industry’s heyday during the 80s and 90s. Nowadays, looking back on old footage of WWF and WWE Superstars, some viewers probably can’t help but wonder whether or not cannabis helped them deal with the intense holds and bumps they sustained during the industry’s most brutal, yet, famed era.

Since times have changed regarding how cannabis is viewed, former superstars are able to be more vocal about the benefits and ways it has helped prolong their careers.

Fri
12
Nov

High Sex: 7 Things You Should Keep In Mind

couple in bed

The combination of marijuana and sex is popular for a reason. Here are some things you should keep in mind.

Marijuana and sex are a beloved pairing. They make a lot of sense together: a union of two activities that are very pleasant on their own, and that when paired, can complement each other.

Marijuana can help people in many ways, something that the industry has capitalized on, developing lubricants and products that are meant to enhance sex. Old school smoking and edibles are also very popular, allowing people to let go of their inhibitions and to be in the moment in ways that they’d otherwise have some trouble.

Fri
12
Nov

Willie’s Remedy Announces Charitable Collaboration With Tom Petty’s Estate

product image of tea

Willie Nelson’s Hemp-Derived CBD Brand Launches New Wildflowers Tea as a Tribute to Tom Petty’s Legacy, With Proceeds Benefiting MusiCares®

Wildflowers Tea is a botanical blend of whole chamomile flowers, lemon myrtle flowers and peppermint leaves—known for its digestive benefits. (Photo: Business Wire)

Fri
12
Nov

3 of the Dirtiest Words to Watch for in Cannabis Earnings Reports

reviewing documents

Cannabis earnings season is here, and there are some terms you should watch out for as they could signal trouble.

Many cannabis companies are reporting their quarterly results in November. And for investors, it can sometimes be difficult to interpret the numbers as cannabis earnings reports are often littered with adjustments and gains or losses, making it challenging to determine whether the company really had a good quarter.

But there are some ways you can quickly scan beyond just how the company did on its top and bottom lines to see whether there are any problems you need to be paying close attention to. Here are three words you don't want to see come up on an earnings report or call.

Thu
11
Nov

Why Your Marijuana Tolerance Break Isn’t Working

passing joint

The amount of time you allow for your T-break is important, but how you spend that time away from THC can also affect the effectiveness of your respite.

Tolerance breaks, often referred to as T-breaks, are a great way to reset your body and reawaken the long-forgotten feeling you had when you first started using cannabis. If you use marijuana regularly, its effects can alter and weaken over time. When you need more and more weed to feel the same effects, you might be one of many cannabis users who could benefit from a T-break.

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