Thousands of people are set to celebrate St. Patrick’s Day on Sunday with the annual St. Patrick’s Day Parade in Detroit. The parade will step off from Sixth St. and Bagley in Corktown at 1 […]
Author: Extroverting
Cannabist execs highlight progress on ‘turnaround’ plan despite $200M loss
Executives with The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) during the company’s quarterly earnings call said they’re about halfway through a “turnaround” plan to make the company profitable, but didn’t mention the financial filing this week which reported a $205 million net loss for the business last… …
Weedmaps back into the black with profitable 2024
California-based WM Technology Inc. (Nasdaq: MAPS), the parent company of popular online dispensary finder Weedmaps, reported net income of $12.2 million for the 2024 calendar year, a reversal from 2023, when it lost $15.7 million. The profitable year was also a huge turnaround from two years ago, when Weedmaps lost… …
Safe Harbor’s new CEO looks to transform company beyond cannabis banking
Newly minted Safe Harbor Financial (NASDAQ: SHFS) CEO Terry Mendez outlined a four-point plan to transform the longstanding cannabis financial institution into a much broader resource hub for marijuana companies, during a call with shareholders on Thursday. The plan, Mendez told Green Market Report prior to the call, is a …