The Daily Hit is a recap of the top financial news stories for Thursday, November 7, 2024. On the Site Illinois government blamed for failing social equity cannabis businesses in new lawsuit The lawsuit claims that Gov. Pritzker’s administration implemented “discretionary policies” that led to their troubles. Read more here. …
TerrAscend ‘Looking Forward’ to DEA’s Upcoming Cannabis Rescheduling Hearing, Chairman Says
1 market share position in New Jersey,” TerrAscend Executive Chairman Jason Wild said. “Importantly, the third quarter marked our ninth …
The Cannabist Co. Exits ‘Unprofitable and Underperforming’ Locations, CEO Says
Top 5 Markets by Revenue and Adjusted EBITDA in Q3: Colorado, Maryland, New Jersey, Ohio, Virginia. Markets are listed alphabetically. Financial …
Green Thumb revenue grows even as same-store sales fall
Chicago-based Green Thumb Industries Inc. (OTC: GTBIF) said Thursday its third-quarter revenue rose 4.2% as the company expanded its retail footprint, even though same-store sales declined. The multistate operator posted net income of $8.6 million for the quarter ended Sept. 30, versus $10.5 million in the same period a year …