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TerrAscend Reports First Quarter Net Sales of USD $53.4 Million and Adjusted EBITDA of USD $22.6 Million


TerrAscend Reports First Quarter Net Sales of USD $53.4 Million and Adjusted EBITDA of USD $22.6 Million
Raises full year 2021 guidance for Net Sales to exceed USD $300 million and Adjusted EBITDA to exceed USD $128 million 2 Substantial cash balance of USD $234 million provides ample support for future growth initiatives TerrAscend Corp. a leading North American cannabis operator, today reported financial results for its first quarter ending March 31 2021. First Quarter 2021 Financial Highlights 2 Net Sales …
Raises full year 2021 guidance for Net Sales to exceed USD $300 million and Adjusted EBITDA to exceed USD $128 million
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Substantial cash balance of USD $234 million provides ample support for future growth initiatives ....

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FMW Media Works Corp: New to The Street Upgrades on NEWSMAX Taking Sunday's 10 AM EST Timeslot Starting Tomorrow March 7th


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NEW YORK, NY / ACCESSWIRE / March 6, 2021 / New to The Street is moving to the 10 AM timeslot on NEWSMAX T.V. beginning tomorrow morning.
Jane King hosts the show which brings the innovators behind the companies. The show since 2010 aims to help Public, Private and Blockchain Companies by following their progress in a detailed series format to educate the public.
The show will feature Solar Integrated Roofing with CEO David Massey who s taking the country by storm combining solar and roofing. David talks about the recent acquisition of Cornerstone Construction headed by well-known industry professional Hunter Ballew and touches on the up listing goals for Solar Integrated. ....

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Cannabis company valuations rise as US reform efforts accelerate


Blog
Blog
Blog
Blog
8 Feb, 2021
Author
Michael O ConnorJason Woleben
Democrats in Congress are pushing for federal cannabis reforms as more states pursue legalization and shares of cannabis companies continue to rise.
Democratic leaders in the Senate on Feb. 1 issued a joint statement saying they would soon release draft legislation on comprehensive cannabis reform and would prioritize the effort. Having the Senate majority leader back cannabis reform legislation is unprecedented and the statement is fueling optimism in the industry, Charles Alovisetti, a cannabis lawyer and partner at Vicente Sederberg LLP, said in an email.
The formal commitment to cannabis reform by Senate Democrats suggests there is a strong chance of legalization reaching President Joe Biden s desk, Owen Bennett, a Jefferies analyst, said in a Feb. 1 report. ....

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Business executives no longer spooked by pot jobs


By Tiffany Kary
Bloomberg
Professionals used to shy away from jobs in the marijuana industry or at least keep them hush-hush. Now, the tables have turned.
Liesl Bernard, chief executive of San Diego-based CannabizTeam, which places both managers and temps at cannabis companies, said she used to have to “beg people to take a chance on cannabis” when she started her business in 2016.
Executives were concerned that working with marijuana, which is illegal on the federal level in the U.S., could cause them to lose professional licenses in areas such as accounting or law.
This year, her firm placed TerrAscend Corp.’s new Chief Financial Officer Keith Stauffer, who previously worked at Coty Inc. and Hershey Co. ....

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