Pelorus Fund REIT, LLC filed a complaint in a California court Thursday seeking to place StateHouse Holdings Inc. (CSE: STHZ) (OTCQB: STHZF) into receivership. The move comes after StateHouse defaulted on four existing loans, according to Pelorus. The private mortgage REIT is requesting the immediate appointment of a receiver to …
Author: Extroverting
Move over Starbucks, it’s PSL season in cannabis
Every fall, coffee drinkers eagerly anticipate the pumpkin spice latte (PSL, IYKYK) drop at Starbucks. The limited-time-only flavor is such a huge hit that the company moved up the drop date this year to garner even more sales. It’s a decision that is being watched closely to see if customers …
The Daily Hit: September 26, 2024
The Daily Hit is a recap of the top financial news stories for Thursday, September 26, 2024. On the Site SEC fines Former Weedmaps executives $175k apiece for ‘misleading’ user numbers The SEC announced earlier that the company agreed to a $1.5 million fine to settle the same allegations of …
4Front hires Canaccord Genuity to help with its finances
Phoenix-based 4Front Ventures Corp. (CSE: FFNT) (OTCQB: FFNTF) is making strategic moves to better position itself financially, the company announced on Thursday. The steps included retaining Canaccord Genuity Corp. as a financial advisor and also taking out a new $850,000 loan to help pay for ongoing operations. In its most …