Daily Archives: March 15, 2023

GrowGeneration Reports Fourth Quarter and Full Year 2022 Financial Results; Provides First Quarter and Full Year 2023 Guidance

DENVER–(BUSINESS WIRE)–GrowGeneration Corp. (NASDAQ: GRWG), (“GrowGen” or the “Company”), the largest chain of specialty hydroponic and organic garden centers in the United States, today announced financial results for fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights Compared to Prior Year Net revenues decreased approximately 40% to $54.5 million and same-store sales decreased 51.9% Gross profit decreased to $9.6 million, or 17.6% of net revenues, from $23.

Green Dragon Adds Six Additional Medical Cannabis Dispensaries in Florida and Launches Flower from New Grow

JACKSONVILLE, Fla.–(BUSINESS WIRE)–Green Dragon announces the opening of six new medical cannabis dispensaries in Florida and launches new flower with expanded strain variety.

Massachusetts Cannabis Company the First to Declare 4/20 an Employee Holiday

FRAMINGHAM, Mass.–(BUSINESS WIRE)–Temescal Wellness, the life cannabis company, has designated April 20 (4/20) as a paid holiday for team members at its dispensary locations in Massachusetts, production facilities and corporate office. By giving employees the day off on what is widely recognized as cannabis’s high holiday, the company is creating space for their employees to be able to celebrate the important holiday themselves. “4/20 is a day to show appreciation, love and respect for cannab

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Rite Aid Corporation and Encourages Investors with Losses to Contact the Firm

LOS ANGELES–(BUSINESS WIRE)—- $RAD #RAD–The Schall Law Firm Announces it is Investigating Claims Against Rite Aid Corporation and Encourages Investors with Losses to Contact the Firm

Cannabis Industry Webinar: Strategies to Survive and Thrive

SAN RAMON, Calif.–(BUSINESS WIRE)– #CloudERP–Rootstock Software will host a cannabis industry webinar to discuss how technology can help manufacturers navigate today’s most pressing challenges.

Innovative Industrial Properties Declares First Quarter 2023 Dividends

SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a first quarter 2023 dividend of $1.80 per share of common stock. The common stock dividends declared for the last twelve months of $7.15 per common share represent an increase of $1.00, or 16%, over dividends declared for the prior twe

Xsolla to Showcase Innovative Solutions for Cloud Gaming, Digital Distribution, and Creating More Ways to P(l)ay With Mastercard at GDC 2023

LOS ANGELES–(BUSINESS WIRE)–Xsolla, a global video game commerce company, is attending and presenting at GDC (Game Developers Conference), the game industry’s premier professional event, from March 20 through March 24 in San Francisco, California, USA. Xsolla is hosting five informative speaking sessions on Tuesday, March 21, including a keynote from President Chris Hewish. Xsolla will hold all their sessions in Room #2024 in Moscone West. Additionally, Xsolla is exhibiting at Booth S549 Sout