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The Daily Hit: August 7, 2024
The Daily Hit is a recap of the top financial news stories for Wednesday, August 7, 2024. On the Site High Times receiver returns to post, but with spending limits Receiver Kevin Singer’s role has been severely scaled back to only to review purchase offers for assets. Read more here. …
MariMed sales up in the second quarter, expansion costs rise
MariMed Inc. (CSE: MRMD) (OTCQX: MRMD) reported mixed second-quarter results on Wednesday, with strong revenue growth offset by margin pressure and more expenses as the company continues to extend its footprint up north. The multistate operator posted revenue of $40.4 million for the quarter ending June 30, up 11% from …