The Daily Hit is a recap of the top financial news stories for Thursday, August 29, 2024. On the Site New York hemp companies claim in lawsuit they’ve been wrongly targeted amid cannabis crackdown Judge Roger McDonough has already scheduled a hearing on the request for a temporary restraining order …
California lawmakers OK bills on cannabis cafes, farmer weed sales – KCRA
Among those in support of the bill were the Nevada County Cannabis Alliance. AB 1111 passed the Senate on a 27-5 vote Tuesday and the Assembly on a 69 …
StateHouse sees progress in Q2, but substantial pressures remain
StateHouse Holdings Inc. (CSE: STHZ) (OTCQB: STHZF) announced solid results for its second quarter ending June 30, as revenue increased 10% to $27.8 million versus last year’s $25.3 million for the same period. StateHouse also reported net income in the quarter of $200,000 versus last year’s net loss of $2.1 …
Red White & Bloom second-quarter financials remain stable year-over-year
Toronto-based Red White & Bloom Brands Inc. (CSE: RWB) reported a net loss of C$10.6 million for the second quarter of the year, which ended June 30, bringing its total losses for the calendar year to C$16.7 million. Losses have widened year-over-year from C$9.4 million in the second quarter of …