The Daily Hit is a recap of the top financial news stories for Dec. 5, 2023. On the Site Curaleaf to Sell Vermont Assets for Undisclosed Amount Zenbarn Farms plans to acquire Vermont Patients Alliance and all Vermont assets currently operated by Curaleaf. VPA was one of the original medical …
Inside Solo Stove’s Viral Snoop Dogg Partnership—And How It Almost Didn’t Happen
This story was republished with permission from Ad Age and written by Gillian Follett. Snoop Dogg sent the internet into a flurry of speculation last month when he made a very out-of-character announcement on social media: “I’ve decided to give up smoke.” A few days later, the marijuana aficionado followed up his …
Curaleaf to Sell Vermont Assets for Undisclosed Amount
Curaleaf has agreed to sell its Vermont assets to Zenbarn Farms, according to Vermont Business Magazine. In November, CEO Boris Jordan said on the company’s earnings call that it had left Vermont – as well as Michigan – but didn’t give any additional details. Vermont Business reported that Zenbarn Farms …
Hawthorne Looks to Strike Out on Its Own
Hawthorne, the hydroponic subsidiary of fertilizer company The Scotts Miracle-Gro Co. (NYSE: SMG), is looking to strike out on its own – a move that Scotts CEO Jim Hagedorn hinted at on the company’s earnings call in November. “We’ve made progress on a range of potential solutions that should benefit …