It’s time for your Daily Hit of cannabis financial news for July 15, 2020. On the Site POSaBIT Cannabis technology company POSaBIT Systems Corporation (CSE: PBIT) reported rising revenue for the first quarter of 2020 and said it expects to meet its prior forecast for revenue of...
Cannabis technology company POSaBIT Systems Corporation (CSE: PBIT) reported rising revenue for the first quarter of 2020 and said it expects to meet its prior forecast for revenue of $8 million for the year of 2020. Total revenue for the quarter...
It’s time for your Daily Hit of cannabis financial news for July 14, 2020. On the Site MJardin MJardin Group, Inc. (OTCQX: MJARF) reported first-quarter revenue dropped to $2.2 million versus last year’s revenue of $10.7 million for the same time period in...
You’ve worked hard on your commercial grow space. Like a mad scientist, you test pH levels, precisely measure moisture, and strictly harvest your hemp at its peak maturity. But when you’re growing large, leafy plants in tight spaces, finding the best...
MJardin Group, Inc. (OTCQX: MJARF) reported first-quarter revenue dropped to $2.2 million versus last year’s revenue of $10.7 million for the same time period in 2019. The company also delivered a net loss of $8.1 million, which was lower than...
Mydecine Innovations Group Inc. (CSE: MYCO) (OTC: MYCOF) has entered into an agreement to buy Canadian-based NeuroPharm Inc. in a deal valued at roughly $6.3 million. NueroPharm is a developer of natural psychedelic-based treatments for mental health disorders. Mydecine recently...
0HHo, a leader in providing organic, sustainable, ecologically friendly CBD products, announced a partnership with Omura to launch its first-ever flower product. oHHo is a believer in providing superior hemp products for discerning customers, using only organic, sustainable, ecologically friendly, natural...
It’s time for your Daily Hit of cannabis financial news for July 13, 2020. On the Site Jushi Jushi Holdings Inc. (OTCQX: JUSHF) announced $15.25 million in debt financing. To date, The company said it has received cash proceeds of $16.325 million and...
According to the state Department of Revenue data, Colorado’s cannabis dispensaries sold almost $192.2 million worth of marijuana products in May. the state reported $42.9 million in medical marijuana sales and $149.1 million adult-use cannabis sales. Sales shot up 23% over...
Jushi Holdings Inc. (OTCQX: JUSHF) announced $15.25 million in debt financing. To date, The company said it has received cash proceeds of $16.325 million and additional binding subscriptions, for a pro forma total issuance of $17.425 million of 10% senior...