It’s time for your Daily Hit of cannabis financial news for November 23rd, 2020. On the Site Dispensaries Pivot As Regions In Ontario Start New Lockdown Orders The number of cases of COVID-19 has spiked in the province of Ontario causing new lockdown...
Paying for cannabis at a dispensary has always been challenging for both the customer and the dispensary owner. The refusal of major banks and credit cards to work with cannabis companies has resulted in a patchwork of increasingly creative ways...
Cansortium Inc. (OTCQB: CNTMF) delivered revenue of $14.3 million for its third-quarter ending September 30, 2020. This was a 94% increase over last year’s $6.9 million for the same time period. The company also trimmed its net losses to $8.9 million...
Jushi Holdings Inc. (OTCMKTS: JUSHF) said it is planning a $50 million expansion project in Scranton, Pennsylvania which is expected to create more than 100 more new jobs in the Scranton area. The company said it plans to nearly double the square...
The number of cases of COVID-19 has spiked in the province of Ontario causing new lockdown orders. It was reported that more than 1,400 new coronavirus cases had been recorded in Ontario on Friday. Toronto has been the hot zone...
Harvest Health & Recreation Inc. (OTCQX: HRVSF) said it has settled its dispute with a small group of the previous owners of Interurban Capital Group. The disagreement goes back to March when Harvest had agreed to pay $85.8 million through Harvest...
Editors Note: This is a guest post. Medical marijuana dispensaries are a vastly different business from recreational dispensaries. Most states have much more stringent licensing requirements for medical dispensaries, and dispensary staff requires more training and knowledge than the average recreational...
“Listening to Ecstasy: The Transformative Power of MDMA” by Charles Wininger Topic Focus Now here’s a fascinating personal narrative covering the author’s journey of discovery when it comes to how MDMA can revitalize one’s mental health, personal relationships, and more from the perspective of...
Once again it was another big week for earnings from some of the industry’s biggest players. Curaleaf (CURLF) reported total revenue of $182 million. A 195% increase over last year. Still, the company had a net loss of $9.3 million. Current...
It’s time for your Daily Hit of cannabis financial news for November 19th, 2020. On the Site Slang Reports Revenue Rose 73% In Third Quarter Slang Worldwide Inc. (OTCQB: SLGWF) reported preliminary, unaudited financial results for the third quarter ending September 30, 2020....