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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...
Global Business Development Efforts Continue in Las Vegas and Israel Toronto, Ontario--(Newsfile Corp. - November 15, 2022) - The Canadian Securities Exchange ("CSE" or "the Exchange") today announced its market statistics for the month of October 2022. October 2022 Operating Statistics ...
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...
Company reports $210 million in revenue and continues industry leadership with branded product performance Company took actions to improve long-term profitability and prepare for the integration of Columbia Care in 2023 Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE:...
Combs’ Proposed Acquisition Will Create the Largest Black Owned Cannabis Company in The World and Affirms His Commitment to Economic Inclusion of Underrepresented Groups in Cannabis Agreement to Sell New York, Illinois, and Massachusetts Assets Marks a Major Step Towards Clos...
Canadian cannabis stocks , including Aurora Cannabis and Canopy Growth , have burnt significant investor wealth in the last four years. While Canada legalized marijuana at the federal level, most cannabis producers are wrestling with structural issues plaguing this sector th...
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced that it will report financial results for the third quart...
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), a vertically integrated multistate operator and the No. 1 U.S. wholesaler of branded cannabis products, today announced that board director Sidney Dillard has tendered her resignation. Ms. Di...
Provides Update on Impact of Hurricane Ian Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), a vertically integrated multistate operator and the No. 1 U.S. wholesaler of branded cannabis products, today announced the expansion of...
IIROC Trading Halt - CL Canada NewsWire VANCOUVER, BC , Oct. 6, 2022 /CNW/ - The following issues have been halted by IIROC: Company: Cresco Labs Inc. CSE Symbol: CL All Issues: No Reason: Single-Stock Circuit Breaker Halt Time (ET): 3:0...
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The Cannabis Regulators Association (CANNRA) is requesting that the U.S. Drug Enforcement Administration and Biden Administration offer clarity on how rescheduling cannabis will affect enforcement by the federal government, particularly in legal states. In a public comment to the DEA’s ...
Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (FSE: 6CQ) (“Cresco” or “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today announced it will report financial ...
Earlier in the year , Germany became the first large nation in the European Union to legalize the personal recreational use of marijuana. In concrete terms, individuals aged 18 years and older are allowed to be in possession of no more than 25 grams of marijuana for consumption. Under the ...