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Green Market Report news releases related Green Market Report news releases and Green Market Report press releases from 09/14/22 05:32:39 on US and Canada...
Pointed consolidation efforts and increased participation in its member loyalty program drove High Tide ‘s (Nasdaq: HITI) (TSXV: HITI) third-quarter revenue to nearly double what was reported last year. Canada’s largest non-franchised retailer released its financ...
The Daily Hit is a recap of cannabis business news for Sept. 13, 2022. ON THE SITE Intra-Industry Ballot Measure Fight Brewing In Several L.A. County Cities A political fight is building to a possible November crescendo in at least three beach towns in Los Ang...
Cantor Fitzgerald cannabis analyst Pablo Zuanic published a report on the negative trends impacting the industry. Price compression along with increased competition has made the retail environment a challenging one. Sales in July and August are down in most states and the market d...
BellRock Brands Inc. (CSE: BRCK.U) announced that one of its U.S. subsidiaries is going to purchase Jackson, Michigan-based JRMI27 , LLC, a medical and adult use marijuana product manufacturer. BellRock’s flagship brands, Dixie Brands and Mary’s Medicin...
Chicago-based Cresco Labs (CSE: CL) (OTCQX: CRLBF) this week completed another sale-leaseback arrangement, this time with Aventine Property Group for a facility in Pennsylvania, from which Cresco gained $45 million in cash. According to a news release , Cresco sold a 135,000-s...
During a recent press conference, Florida Gov. Ron DeSantis mulled pushing for a steep hike in business license fees in the next round of applications from those vying to enter one of the fastest growing cannabis markets in the country. “I mean, these are very valuable lice...
The head of Canadian marijuana company Ascend Wellness Holdings (CSE: AAWH.U) (OTCQX: AAWH) was arrested in Florida on Saturday and charged with battery. In a statement , Ascend said only that it’s “aware of allegations … regarding a domestic-related m...
Just Brands LLC, a wholly owned subsidiary of Flora Growth Corp. (Nasdaq: FLGC), has acquired No Cap Hemp Co. in exchange for 10% of the gross revenue earned from the sale of No Cap products, up to a maximum of $2 million. “This transaction will allow Flora to immed...
Icanic Brands (CSE: ICAN) (OTCQB: ICNAF) posted mixed results as the company touted record revenues for the quarter while racking up $15 million in losses. The California-based cannabis company released its financial results for the quarter ended June 30. Total revenue for...
Juul Labs agreed to pay $438.5 million to nearly three dozen states to resolve a two-year probe into the e-cigarette manufacturer’s marketing and sales practices. The charges stemmed from claims that the company misrepresented the health risks associated with its vapes ...
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