The once-booming CBD market is bracing itself for more headwinds as regulatory ambiguity and competition from unregulated products squeeze sales, according to recent earnings reports from...
The firm’s total operating expenses fell 17% during the period. Leafly Holdings Inc. (NASDAQ: LFL) announced its financial results for the second quarter of 2024 ending...
California-based WM Technology (Nasdaq: MAPS), the parent company of the popular dispensary finder site Weedmaps, reported net income of $1.2 million for the second quarter this...
Planet 13 attributed the revenue growth primarily to its May acquisition of Florida cannabis operator VidaCann. Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) reported better-than-expected revenue...
Colorado-based GrowGeneration Corp. (Nasdaq: GRWG) lost another $5.9 million in the second quarter of 2024, bringing its financial losses year-to-date to $14.7 million, the gardening equipment...
News from: Los Angeles, Missouri, TerrAscend, The Cannabist, and more. The Daily Hit is a recap of the top financial news stories for Thursday, August 8,...
High Tide also issued another 230,760 common shares at a price of $3.47 each once the loan closed. Calgary-based High Tide Inc. (Nasdaq: HITI) secured a...
The Amendment 3 campaign in Florida, where Trulieve Cannabis Corp. and allies are trying to get a ballot measure passed to legalize adult-use cannabis, garnered a...
A new and scathing watchdog report released in late June blasted the Los Angeles Department of Cannabis Regulation and its oversight of the cannabis social equity...
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) announced its second-quarter 2024 earnings with revenue climbing to $38.6 million over last year’s $25.7 million. This beat the...