2019 Cannabis Business Award's Publication of the Year |
WEDNESDAY, FEBRUARY 14, 2024 |
FMCPG HAS BEEN SERVING AND REPRESENTING THE CANNABIS PHYSICIAN COMMUNITY SINCE 2020 |
REGISTER FOR NEXT MEETING WEDNESDAY, FEBRUARY 21, 2024 AT 6:30PM THE "FLORIDA MEDICAL CANNABIS PHYSICIAN GROUP" (FMCPG) FOR ALL "MEDICAL MARIJUANA DOCTORS" AND "MMTC DIRECTORS ONLY " TOPICS TO BE DISCUSSED REVIEW OF OUR "2024 LEGISLATIVE PRIORITIES" FOR PRESENTATION IN TALLAHASSEE AND UPDATE FROM MEETINGS WITH LEGISLATORS IN TALLAHASSEE UPDATE ON THE HEMP BILL UPDATES ON RFE REQUESTS PROTECTING YOUR MEDICAL CANNABIS PRACTICE QUESTIONS FROM PHYSICIANS HOW TO BEST ANSWER YOUR PATIENT QUESTIONS |
MEDICAL CANNABIS PHYSICIAN PROMOTION PACKAGE BY CANNABIS NEWS FLORIDA ARTICLE: Physician will contribute an article of 350 words**. This article will appear in the Cannabis News Florida e-newsletter for one month (4 weeks). E-MAIL BLAST: Cannabis News Florida will send out one e-mail blast promoting the Physician to the other physicians in three zip code areas or one city to be determined by the Physician. The Physician will supply the information for the email blast. The Article above can be used in the e-mail blast. The cost of this program is ONLY $500. **Cannabis News Florida will assign a writer for a telephone interview with the Physician and create the article to be published. Physician shall have the right to review and approve the article before publication for an additional cost of $100. IF YOU ARE INTERESTED, PLEASE EMAIL ME AT CHARLES@CANNABISNEWSFLORIDA.COM OR CALL MY CELL AT 954-605-4785 |
WEBINAR SERIES BY SOUTH FLORIDA HOSPITAL NEWS AND HEALTHCARE REPORT |
FREE LEGAL WEBINAR PRESENTED BY MIZRA HEALTHCARE LAW MARCH 19, 2024 VIA ZOOM 6:30PM TO 7:30PM Topic: Legal Insights - How to start your Healthcare Practice? Description: Discussion about do's and don'ts of practice strategy, setup and implementation: Starting a business solo vs partners; how to protect your intellectual property and your territory; what forms and agreements are a must to start a practice (patient agreement, patient consents, website disclaimers and terms and conditions, employment agreements for staff and contractors, BAA, etc.); Most Importantly - learn how not to violate Stark laws and still have an effective marketing plan. CLICK HERE TO REGISTER FOR FREE |
NEWS FROM THE PAST WEEK RELATING TO THE BUSINESS OF MMTC'S IN FLORIDA Click on Company Logo to be Transferred to Web Site |
Maxing Out Your Rewards: A How-To Guide for Trulieve Rewards Now available in Maryland and Arizona and coming to other states soon. Ever wondered how to make your visits to Trulieve dispensaries even more rewarding? Well, you're in luck! We're diving deep into the Trulieve Rewards program, showing you how to rack up points, snag those perks, and save big on your green goodies. Let's get into it! Click here to go straight to our frequently asked questions. CLICK HERE |
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THE CANNABIST COMPANY TO REPORT FOURTH QUARTER AND FULL YEAR 2023 RESULTS ON MARCH 13, 2024
NEW YORK—Feb. 7, 2024– The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2023 before U.S. financial markets open on Wednesday, March 13, 2024. Following the release of financial results, Company management will conduct a conference call at 8:00 a.m. EST to discuss financial and operating results for the fourth quarter and full year of 2023.
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AYR WELLNESS TO HOLD FOURTH QUARTER AND FULL YEAR 2023 CONFERENCE CALL ON MARCH 13 AT 8:30 A.M. ET
MIAMI, Feb. 08, 2024 — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, will hold a conference call on Wednesday, March 13, 2024, at 8:30 a.m. ET to discuss its results for the fourth quarter and full year ended December 31, 2023.
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AYR COMPLETES PREVIOUSLY ANNOUNCED PLAN OF ARRANGEMENT
AYR has completed its previously announced plan of arrangement transactions, including extending the maturity of all of its Senior Notes due 2024 and certain other debt by two years.
As a result, AYR has retired or extended the maturity of nearly US$400 million in debt in the past year and now has limited debt maturities until 2026.
In connection with the plan of arrangement, AYR has issued approximately 29 million SVS Shares to 2024 Senior Noteholders, approximately 5 million SVS Shares to the Backstop Provider, and approximately 23 million Anti-Dilutive Warrants to its shareholders of record as of February 5, 2024.
AYR raised US$40 million of new capital through the issuance of US$50 million of additional Senior Notes maturing in 2026.
Lastly, AYR expects to report Q4/23 and full year 2023 earnings results on Wednesday, March 13, 2024 at 8:30 a.m. (Eastern Time).
MIAMI, Feb. 07, 2024 — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, is pleased to announce that it has successfully completed its previously announced court-approved plan of arrangement under Section 192 of the Canada Business Corporations Act (the “Arrangement”) involving the Company and AYR Wellness Canada Holdings Inc. (“AYR Wellness Canada”), implementing those transactions described in the Company’s management information circular dated November 15, 2023 (the “Circular”).
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CURALEAF’S SELECT BRAND EXPANDS PORTFOLIO WITH LAUNCH OF SELECT STIQ
Stiq’s sleek all-in-one design provides a new way for consumers to experience Select Essentials oil
NEW YORK, Feb. 7, 2024 — Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer cannabis products, today announced that its Select brand has expanded its product offerings with the launch of Select Stiq, a new 1g all-in-one cannabis oil vape.
SL-Stiq-Essentials-1600x900-X
Compatible with Select Essentials oil, Select Stiq’s compact pocket-sized design includes an auto-draw feature and a rechargeable USB-C port that is easy to use and built for flavor preservation. Select Essentials high potency oils deliver exceptional flavors with consistent THC levels, infused with naturally derived terpenes that mirror classic cannabis strains.
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CURALEAF INTERNATIONAL ACQUIRES CAN4MED, EXPANDING PRESENCE IN POLAND’S GROWING MEDICAL CANNABIS MARKET
LONDON, Feb. 6, 2024 — Curaleaf International (the “Company”), part of Curaleaf Holdings (TSX:CURA) and Europe’s largest vertically integrated cannabis company, is pleased to announce its acquisition of Can4Med, a prominent pharmaceutical wholesaler specializing in cannabinoid medications in Poland. This strategic move marks a significant milestone for both companies and underscores Curaleaf’s commitment to enhancing patient access to high-quality medical cannabis products across Europe. Poland boasts one of Europe’s largest patient populations seeking medical cannabis; by joining forces with Can4Med, Curaleaf International gains a strong foothold in this dynamic market, allowing it to serve patients more effectively and expand its product offerings.
“This acquisition represents a significant step forward for Curaleaf International. Poland’s medical cannabis market is expanding rapidly, and our partnership with Can4Med allows us to better serve patients while driving growth across Europe,” said Matt Darin, CEO of Curaleaf.
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GREEN THUMB INDUSTRIES PUBLISHES SECOND ANNUAL SOCIAL IMPACT REPORT
CHICAGO and VANCOUVER, British Columbia, Feb. 08, 2024 — 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 announced the release of its 2023 Social Impact Report. Green Thumb’s second annual Social Impact Report documents and highlights the meaningful progress of its “Growing for Good” program across four key pillars: Community Engagement, Inclusion & Belonging, Restorative Justice and Environmental Stewardship. The full report can be viewed at www.gtigrows.com/social-impact-report.
“Our Growing for Good social impact program is deeply embedded in Green Thumb’s DNA and brought to life by our team members every day,” said Green Thumb Founder, Chairman and Chief Executive Officer Ben Kovler. “Our company was built on promoting well-being through cannabis while giving back to the communities we serve, and I am proud of our team’s commitment to strengthening our collective impact each year.”
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CRESCO LABS ANNOUNCES TRANSFERS OF SUPER VOTING SHARES TO CERTAIN DIRECTORS
FEBRUARY 9 2024 — Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, announced today that as part of a transfer of Super Voting Shares by both a current and former director of the Company: (a) Thomas J. Manning has acquired from Dominic Sergi 100,000 Super Voting Shares and from Charles Bachtell 33,760 Super Voting Shares in its capital; and (b) Robert M. Sampson has acquired from Charles Bachtell 33,308 Super Voting Shares in its capital. Each purchase and sale of Super Voting Shares described herein was completed for aggregate consideration of US$1.00 and the transfers result in a more balanced distribution of Super Voting Shares among the holders. Super Voting Shares carry enhanced voting power but have no economic rights.
After giving effect to the transactions described above, Mr. Bachtell owns or controls, directly or directly, (a) 132,932 Super Voting Shares (representing approximately 26.59% of the outstanding Super Voting Shares) and (b) voting securities of the Company representing approximately 19.94% of the votes attaching to all classes of outstanding shares of the Company. The Super Voting Shares transferred by Mr. Bachtell to Mr. Manning and Mr. Sampson form part of Super Voting Shares he acquired from a former director and officer of the Company following his separation from the Company.
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PLANET 13 ANNOUNCES EXPANSION OF LEADERSHIP TEAM AND BOARD
LAS VEGAS, NV February 8, 2024 / Planet 13 Holdings Inc. (CSE:PLTH)(OTCQX:PLNH) (“Planet 13” or the “Company“), a leading vertically-integrated multi-state cannabis company, today announced the appointments of Lee Fraser to the role of Chief Administrative Officer, Tatev Oganyan to General Counsel and Kevin Martin to the Company’s board of directors. The appointments reaffirm Planet 13’s commitment to governance, compliance, financial security, and leadership strength and depth.
“Since joining the board in May 2023, Lee has taken on increasingly complex leadership roles on a variety of projects and has quickly grasped the unique challenges in the cannabis industry while becoming a larger resource for the entire Planet 13 team. The appointment to Chief Administrative Officer is representative of the value we place on his knowledge and his organizational and administrative capabilities,” said Bob Groesbeck, Co-CEO of Planet 13. “We appreciate his willingness to take on a larger role with the Company at this crucial time where we are significantly expanding our footprint with the upcoming close of our acquisition of VidaCann.”
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NATIONAL AND INTERNATIONAL NEWS |
CANOPY GROWTH REPORTS THIRD QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS; ACHIEVES THIRD QUARTER OF SEQUENTIAL REVENUE GROWTH ACROSS CANADA CANNABIS BUSINESSES AND A RECORD QUARTER FOR MEDICAL SALES
Canada adult-use cannabis business-to-business net revenue up 9% year-over-year; Canada medical cannabis net revenue up 11% year-over-year
Focused execution drove sustained margin improvement with second quarter of consolidated gross margins exceeding 30%
Canopy USA strategy moving forward; special shareholder meeting scheduled for April 12, 2024
SMITHS FALLS, ON, February 9, 2024 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED) (Nasdaq: CGC) today announces its financial results for the third quarter ended December 31, 2023. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.
Highlights
Achieved consolidated gross margins of 36% in Q3 FY2024, with Canada cannabis gross margins increasing to 28% in Q3 FY2024, up from (11)% in Q3 FY2023.
Excluding the impact of the divestiture of the Canada national retail business in Q3 FY2023, Q3 FY2024 consolidated net revenue grew by 6% year-over-year. Delivered Q3 FY2024 consolidated net revenue of $79MM representing a decline of 7% year-over-year.
Rest-of-World cannabis revenue in Q3 FY2024 increased 81% year-over-year, led by continued strong growth in Australia, return to growth in Europe driven by new products and improved sales execution, and lapping negative revenue impacts in non-core markets during the prior year.
Storz & Bickel® net revenue in Q3 FY2024 increased 54% sequentially driven by strong sales of the new VENTY portable vaporizer, traditionally strong seasonal sales, including the most successful Black Friday sales event in the brand’s 20-year history.
Free cash flow from continuing operations of $(34)MM in Q3 FY2024, representing a 57% improvement year-over-year.
Cash and short-term investments balance of $186MM as at December 31, 2023. Reduced overall debt by $69MM during Q3 FY2024.
Management reaffirms expectation to achieve positive Adjusted EBITDA in each business unit exiting FY2024.
“This is the dawn of a new era at Canopy Growth. We’re singularly focused on cannabis and demonstrating growth across all of our business units. With our Canopy USA strategy now moving forward, we expect to be the first and only U.S. listed company offering shareholders a unique opportunity to gain exposure to the fastest growing cannabis market in the world.”
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BRECKENRIDGE DISTILLERY WINS WORLD’S BEST FINISHED BOURBON AT 2024 WORLD WHISKIES AWARDS
Breckenridge Distillery takes home three awards at the 2024 World Whiskies Awards by Whisky Magazine, including World’s Best Finished Bourbon, America’s Best Finished Bourbon and Icons of Whisky Campaign Innovator of the Year: Highly Commended
BRECKENRIDGE, Colo., Feb. 13, 2024 — Breckenridge Distillery, one of the most-awarded craft distilleries in the U.S., a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), celebrates the wins of World’s Best Finished Bourbon, America’s Best Finished Bourbon and Icons of Whisky Campaign Innovator of the Year: Highly Commended at the 2024 World Whiskies Awards.
After blind tasting over 1,490 spirits, over 200 judges awarded Breckenridge Port Cask Finish Whiskey World’s Best Finished Bourbon and America’s Best Finished Bourbon. Breckenridge Distillery’s Après Anywhere campaign won Icons of Whisky Campaign Innovator of the Year: Highly Commended for its marketing program, designed to inspire people to après their craft with Breckenridge Bourbon.
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SWEETWATER BREWING AND ATLANTA TRACK CLUB JOIN FORCES TO PROMOTE ACTIVE LIFESTYLES
SweetWater Brewing is now the Official Beer Partner of the Atlanta Track Club
ATLANTA, Feb. 08, 2024 — SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray”) (NASDAQ: TLRY and TSX: TLRY), announced a new partnership with Atlanta Track Club, the second-largest running organization in the United States that delivers world-class running events and training programs along with community outreach in the Metro Atlanta Area. As the official beer partner of all Atlanta Track Club, SweetWater will support Atlanta’s vibrant running community and celebrate the benefits of an active lifestyle. This will include having a presence at all Atlanta Track Club events such as the Peachtree Road Race and Publix Atlanta Marathon Weekend.
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TERRASCEND APPLAUDS GOVERNOR SHAPIRO’S PRIORITIZATION OF ADULT-USE CANNABIS LEGALIZATION IN PENNSYLVANIA
TORONTO, Feb. 07, 2024 — TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, celebrates Governor Shapiro for his official endorsement of Pennsylvania’s adult-use cannabis program. Per his announcement yesterday, Governor Shapiro proposed the legalization of adult-use cannabis in the Keystone State effective July 1st for possession and consumption, with full adult-use sales commencing January 1, 2025.
“What an important day for the citizens of the Commonwealth,” said Jason Wild, Executive Chairman of TerrAscend. “With the Governor’s support, we are one step closer to expanding our offerings to adult-use consumers in what we expect will be TerrAscend’s largest market. Our team can’t wait to introduce our world-class genetics, brands, and retail experience to Pennsylvania’s adult-use consumers.”
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MANITOBA HARVEST HEMP FOODS AND BRIGHTSEED LAUNCH BIOACTIVE FIBER
Leading Hemp Foods Brand Expands Wellness Portfolio with Innovative Bioactive-Rich Fiber Solution, Exclusively at Whole Foods Market Stores Nationwide
NEW YORK and WINNIPEG, Manitoba, Feb. 07, 2024 — Manitoba Harvest, the global leader in hemp foods and a wholly-owned subsidiary of Tilray Brands, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY), is partnering with Bioactives company Brightseed to revolutionize the functional fiber market with a breakthrough product: Manitoba Harvest Bioactive Fiber. This multi-benefit fiber solution, powered by Brightseed® Bio Gut Fiber, is now exclusively available at Whole Foods Market stores nationwide.
Furthering Manitoba Harvest’s 25-year commitment to transform consumer health through the power of hemp, NEW Bioactive Fiber helps close the fiber gap for consumers. Manitoba Harvest Bioactive Fiber leverages Brightseed’s novel ingredient made from upcycled hemp hulls, the outer shells of hemp seeds. AI-led research identified hemp hulls as an untapped source of dietary fiber and gut-health beneficial bioactives.
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BELOW ARE THE LINKS TO THE DIRECTORY OF FLORIDA CANNABIS DOCTORS AND DISPENSARIES IN THE STATE OF FLORIDA |
QUALIFIED PATIENTS OVER 872,000 AND 618 DISPENSING LOCATIONS |
LATEST OMMU REPORTS FROM OFFICE OF MEDICAL MARIJUANA USE IN THE STATE OF FLORIDA Highlights from
FEBRUARY 9, 2024 Report BY THE NUMBERS Qualified Patients: (Active ID Card): FEB 09 2024- 871,656 FEB 02 2024- 872,376 JAN 26 2024- 871,459 JAN 19 2024- 870,458 JAN 12 2024- 868,690 Patients Last Week: -720 Qualified Ordering Physicians: 2,767 New Doctors Last Week: - 26 Reporting Period: FEB 2 TO FEB 7 2024 Amount of Medical Marijuana Dispensed - (mgs THC) 332,998,782 Amount of Low-THC Cannabis Dispensed - (mgs CBD) 3,149,591 Amount of Marijuana in a From for Smoking (oz) 107,705.745 Approved Dispensing Locations: 618 ADD LAST WEEK 0 |
UPCOMING MEETING AND CONFERENCES |
Weekly Clinical Supervision with Shari B. Kaplan LCSW Kaplan is passionate about educating other clinicians in applied clinical practices of integrative mental health and psychedelic assisted therapy. Supervision is for Clinicians who are interested in Integrative Mental Health applications & modalities. How to use a thorough Biopsycosocial evaluation to create a comprehensive treatment plan and much more. Have an opportunity to share your cases and receive detailed feedback & guidance. When: Mondays 6-7:30 PM EST
Beginning Feb 19th, 2024 Via Zoom
Cost: $100 Per session.
We ask for a 4-week minimum commitment in advance REGISTER HERE |
ADVERTISEMENT OPPORTUNITIES If your goal is to get your business in front of the right people in the cannabis industry or you want to be an integral part of this new and exciting business opportunity, then you need to join with Cannabis News Florida as we help to establish cannabis as a major part of the economy in Florida. Cannabis News Florida is an online publication focusing on both local and national news from leading authorities about the medical and business developments in the medical cannabis industry covering the entire state of Florida. Join the Cannabis News Florida force online and in print. We offer several marketing options to fit all budgets: · MMTC PROMOS LISTED IN EACH E-NEWSLETTER
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