AGP Executive Report
Last update: 2 hours agoCompany Results: MediPharm Labs reported $11.8 million in Q3 revenue, up 18% from the prior quarter, and a second consecutive quarter of net income. Avicanna also posted positive adjusted EBITDA, while NUGL’s nine-month revenue rose 20%; CBD-focused CV Sciences released its Q3 results. Research & Care: A consumer survey found dispensary staff and healthcare professionals are the most trusted sources of cannabis information, while government agencies rank low. A Canadian emergency-care survey found 96% of respondents support eligible patients’ access to cannabis and 87% see therapeutic value, but researchers called for better clinical guidance. Policy & Retail: Hemp retailers are bracing for a federal ban, with a December deadline looming for convenience stores; newly elected Republican leaders also oppose marijuana reform as federal rescheduling advances. Product Transparency: Simple Leaf’s THC-free collection includes CBD and other cannabinoids, with independent lab tests reporting no detectable THC.
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