Verano Announces Fourth Quarter and Full Year 2024 Financial Results Fourth Quarter 2024 Financial Highlights Revenues, net of Discounts, of $218 million, a decrease of 8% year-over-year, and an increase of 1% versus the prior quarter. Gross profit of $108 million or 49% of revenue. SG&A expense of $84 million or 38% of revenue. Net […]
Category: News
Ohio Senate votes to roll back legal cannabis law approved by voters (Newsletter: February 27, 2025)
VA gov to decide on marijuana bills; PA legalization plan; TX cannabis decrim; Judge rules against marijuana consumer gun ban; NJ cannabis tax hike Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana […]
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Verano Announces Fourth Quarter and Full Year 2024 Financial Results CHICAGO, Feb. 27, 2025 (GLOBE NEWSWIRE) — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the fourth quarter and full year ended December 31, 2024, which were prepared in accordance […]
New Mexico’s Largest County Reaches Deal With Firefighters To Stop Random Drug Testing For Marijuana
After leaders of New Mexico’s most populous county voted late last year to stop punishing most government employees for off-hours marijuana use, the county has reached a revised employment agreement with the local firefighters’ union. Approved by the Bernalillo County Board of County Commissioners (BCC) on a 5–0 vote on Tuesday, the new memorandum of […]
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GTI Revenue and Adjusted EBITDA Were Better Than Expected
CHICAGO and VANCOUVER, British Columbia, Feb. 26, 2025 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today reported its financial results for the quarter and full year ended December 31, 2024. Financial results are […]
Ohio: Senate Lawmakers Advance Bill Amending Voter-Approved Marijuana Legalization Law
“This bill is a slap in the face to the millions of Ohioans who voted in favor of Issue 2…. Read more
New Florida Legislation Would Impose Restrictions On Hemp Products
Although a measure did pass last spring, Gov. Ron DeSantis vetoed it in June. By Mitch Perry, Florida Phoenix During the past two legislative sessions, Florida lawmakers have attempted to impose significant restrictions on hemp products that industry officials said would have been devastating to their bottom line. Although a measure did pass last spring, […]
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Another Federal Judge Rules Against The Government’s Ban On Gun Ownership By Marijuana Consumers
A federal judge in Rhode Island has ruled that a law banning gun ownership by people who use illegal substances is unconstitutional as applied to two defendants who challenged the prohibition in court. The two defendants, David Worster and Alexzandria Carl, were charged with unlawfully possessing firearms while being regular users of marijuana. Worster was […]
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Missouri Lawmakers Consider Psychedelic-Assisted Therapy To Aid Military Veterans With PTSD
“Antidepressants and years of counseling could be helpful, but it is not turning the tide.” By Rebecca Rivas, Missouri Independent In hopes of helping veterans facing mental health issues, Missouri lawmakers are once again pushing legislation that would require the state to conduct a study on using psilocybin—also known as “magic mushrooms”—to treat depression, substance […]
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Ohio Senators Approve Bill To Scale Back Voter-Approved Marijuana Legalization Law By Reducing Home Grow And Adding New Penalties
An Ohio Senate committee has approved a bill to make significant changes to the state’s voter-approved marijuana law—by halving the number of plants adults could grow, adding certain criminal penalties and removing select social equity provisions, among other revisions. On Wednesday, the Senate General Government Committee passed the legislation from Sen. Steve Huffman (R) in […]
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