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Green Market Report news releases related Green Market Report news releases and Green Market Report press releases from 11/29/22 01:10:51 on US and Canada...
RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) posted a $142.3 million loss for its second quarter of fiscal 2023, but most of the losses were chalked up to a “goodwill impairment charge” as part of the upcoming acquisition of New York-based Etain – a deal that ...
Toronto-based The Flowr Corp. , (TSX.V: FLWR) (OTC: FLWPF) is officially on the market after it reported that it does not have enough of a runway to make it to the end of the third quarter, the company said in its financial results for the period ended Sept. 30. According to r...
The Daily Hit is a recap of cannabis business news for Nov. 28, 2022. ON THE SITE Veterans’ Plight Spotlights Need for Cannabis Legalization as Congress Moves Research Bill As a historic House-passed cannabis research bill makes its way to President Joe Biden...
Canadian mega-producer Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) posted positive results that illustrate the company’s efficiency amid a crowded supply side market and pinching margins. The Québec-based operator released its fourth quarter and fiscal yea...
Despite the challenges of raising capital these days in the cannabis and psychedelics industry, two companies managed to close deals before the end of the year. Trees The Canadian-based Trees Corporation (NEO: Tree) completed the closing of a non-brokered private placeme...
Flora Growth Corp. (NASDAQ: FLGC) reported its financial results for the third quarter ending September 30, 2022, with revenue increasing 414% over last year to $10.8 million. Flora attributed some of the growth to the acquisitions of JustCBD and Vessel. Still, the c...
Cantor Fitzgerald analyst Pablo Zuanic wrote an upbeat research report on the major cannabis companies despite the somewhat depressing tone in the industry. Zuanic said he hosted 17 company meetings at MJBiz last week and the overall mood was positive. Despite the sunny opti...
Cannabis investment veteran Emily Paxhia has resigned from her post as board member of Ascend Wellness Holdings (CSE: AAWH.U) (OTCQX: AAWH). The company on Wednesday said that Dan Neville , AWH’s interim co-CEO and CFO, as well as longtime investment strategist Jo...
The Daily Hit is a recap of cannabis business news for Nov. 22, 2022. ON THE SITE Rhode Island Green Lights Recreational Sales for Five Dispensaries Recreational cannabis sales will kick off next month in Rhode Island for at least five existing medical dispensaries, Go...
Medical Marijuana Inc. (OTC: MJNA) saw revenue fall in the third quarter despite cutting costs in during the period, according to financial results for the quarter ended Sept. 30. Those measures mostly benefitted margins for the company. MJNA’s stock was trading...
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