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Green Market Report news releases related Green Market Report news releases and Green Market Report press releases from 02/14/23 12:01:11 on US and Canada...
It’s well known that many cannabis companies are saddled with more debt than they can handle. Green Market Report r ecently wrote about MedMen’s admission that it didn’t have enough money to pay what bills it had. The once self-proclaimed “first unicorn”...
The Daily Hit is a recap of the top financial news stories for February 13, 2023. On the Site SNDL Lays Off Alberta Grow Employees, Focuses on Premium, Alcohol Brands SNDL Inc. (Nasdaq: SNDL) will wind down its Alberta operations and lay off 85 facility employees, the company anno...
SNDL Inc. (Nasdaq: SNDL) will wind down its Alberta operations and lay off 85 facility employees, the company announced on Monday. The Canadian grow giant said that it would be “rightsizing” its cannabis cultivation site in Olds, Alberta, in order to focus on premium products an...
Florida-based multistate operator Ayr Wellness Inc . (CSE: AYR.A) (OTCQX: AYRWF) has named David Goubert as CEO, replacing Jonathan Sandelman, who transitioned to executive chairman. Goubert currently serves as Ayr’s president, a role he will continue to hold. “David...
Seelos Therapeutics Inc. (Nasdaq: SEEL) announced the completion of enrollment of its registrational Phase II/III trial studying the investigational treatment SLS-005 (trehalose injection, 90.5 mg/mL for intravenous infusion) for the treatment of amyotrophic lateral sclerosis (ALS or Lou ...
Health care software provider Forian Inc. (Nasdaq: FORA) has sold its cannabis software subsidiary, BioTrack, to rising cannabis tech firm Alleaves Inc. for $30 million in cash. The Feb. 10 deal confirms earlier reporting from Green Market Report about a potential play for Forian,...
Aleafia Health Inc . (TSX: AH) (OTCQB: ALEAF) touted its profitability the Canadian licensed producer managed to grow its different revenue channels, despite having to shore up costs and lay off 20% of its full-time payroll. The company published its financial results for its third quarter ...
While most cannabis companies issue shares like it’s monopoly money, Canadian operator C21 Investments Inc. (CSE: CXXI ) (OTCQX: CXXIF ) is choosing to work against further share dilution instead. The verticle cannabis company that has operations in Nevada and Oregon announ...
The author of a year-end letter to cannabis investors expects smaller cannabis companies to have an easier path than multistate operators going forward. The letter came from the Bengal Catalyst Fund run by Bengal Capital , which outperformed the cannabis ETF MSOS by more than 2,100 ba...
Cannabis track-and-trace company BioTrack, which is owned by Forian (Nasdaq: FORA), filed a 13-D form with the Securities and Exchange Commission demonstrating that the company could be in play. The 13-D form is filed with the SEC when a person or group acquires more than 5% of a sing...
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