On August 3, Green Market Report hosted its 2023 Finance Summit. At the Summit, the winners of the 2023 GMR Cannabis Finance Awards were announced. Sundie Seefried The winner of the Top Chief Executive Officer was Sundie Seefried of Safe Harbor Financial (Nasdaq: SHFS), who has helmed the company since its debut in …
Tropics Emerges as Sole Bidder in Skymint Auction
The recent Aug. 8 auction for Skymint had only one taker – Tropics LP, the Canadian investment firm that held the debt that pushed the company into receivership in the first place. Tropics is now set to proceed with a credit bid process, which allows a creditor to bid on …
The Daily Hit: August 1, 2023
The Daily Hit is a recap of the top financial news stories for August 1, 2023. On the Site TerrAscend Forecasts 23% Net Revenue Growth in 2023 TerrAscend Corp. (TSX: TSND) (OTCQX: TSNDF) reported net revenue of $72.1 million for its second quarter ended June 30, an increase of 12.7% …
Marijuana Industry Cuts Down on D.C. Lobbying
A broad trend of cannabis industry belt-tightening has now affected advocacy efforts in Washington, D.C., with many trade organizations slashing their lobbying budgets or in some instances shuttering the efforts altogether. Individual companies have also taken the axe to how much they spend on federal lobbyists, STAT reported, which includes …