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Green Market Report news releases related Green Market Report news releases and Green Market Report press releases from 11/15/22 06:49:20 on US and Canada...
The Daily Hit is a recap of cannabis business news for Nov. 15, 2022. ON THE SITE California Cannabis Debt Bubble on Verge of Bursting A slow but steady years-long trend of licensed marijuana companies in California not paying all of their bills might be nearing its cl...
A slow but steady years-long trend of licensed marijuana companies in California not paying all of their bills might be nearing its climax, industry insiders warned, and a wave of business failures is on the way if the debt bubble explodes. The lack of overall profitability fo...
Sales for Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ), a vertically integrated, multistate operator, ticked down in the third quarter ended Sept. 30 to $210 million, in part due to the company’s exit from third-party distribution in California. Excluding the Ca...
Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) posted results that showed rising margins despite lower revenue, driven by cost-cutting measures amid a congested supply side in California and Oregon. The West Coast operator reported its financial and operational results fo...
The Daily Hit is a recap of cannabis business news for Nov. 14, 2022. ON THE SITE Moxie Cannabis & High Times Have a Lot in Common It seems High Times and the company it just bought, Moxie Holdings, have a lot in common. Both companies failed to go public as pl...
Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) posted a $38 million loss for the third quarter of 2022, despite a slight surge in revenue for the same three months. That brings Columbia Care’s losses for the calendar year to $120.4 million. CEO Nic...
TILT Holdings Inc . (NEO:TILT) (OTCQX: TLLTF) reported its financial results for the third quarter ending Sept. 30, 2022. Revenue fell from last year’s $53.4 million to $40.5 million in the 2022 third quarter. Tilt attributed the drop to lower sales volume in ...
TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) was down nearly 4% in late trading on Monday after the company posted revenue figures that missed expectations, coupled with a steep rise in net losses. The multistate cannabis operator reported its financial results for the third qua...
Despite strong net revenue, profitability continued to elude Minneapolis-based Goodness Growth Holdings Inc. (CSE: GDNS) (OTCQX: GDNSF ) during the third quarter of 2022. Sales for the third quarter ended Sept. 30 climbed 41% from the same period a year ago, clocking in a...
SNDL Inc. (Nasdaq: SNDL) was up 2% on Monday after the Canadian giant posted record revenues, driven by its liquor retail sales despite seeing nearly C$100 million in losses. The company reported its financial and operational results for the third quarter ending Sept. 30 . ...
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