The Daily Hit is a recap of the top financial news stories for Tuesday, November 12, 2024. On the Site Eaze secures $10M to resurrect cannabis operations after foreclosure drama The company did not specify whether previously announced layoffs and closures would be reversed. Read more here. New York cannabis …
GrowGeneration sees more losses amid restructuring in third quarter
GrowGeneration Corp. (Nasdaq: GRWG) reported a wider third-quarter net loss as revenue declined amid store closures and consolidation. The Colorado-based hydroponic and garden chain posted a net loss of $11.4 million for the period ending Sept. 30, versus a loss of $7.3 million in the year-ago period. Sales fell 10% …
Kamala Harris ‘Didn’t Want To Talk About Marijuana Legalization’ With Joe Rogan …
The Democratic presidential nominee, who ultimately lost the election to former President Donald Trump, never ended up joining Rogan for the interview …
Mixed Results For Leading Cannabis Companies, As Long-Term Outlook Remains Cloudy
In addition to the challenges shown in these companies’ earnings reports, the industry is facing considerable uncertainty following the U.S. election, …