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 …
Nevada Supreme Court reverses ruling on schedule one listing for cannabis – YouTube
The court reversed a lower court ruling that found the inclusion of cannabis as a schedule one controlled substance violated the Nevada …
Cannabis producer Demecan nears 100-million-euro valuation after fresh funding, source says
By Sourasis Bose (Reuters) – Demecan Group, one of Germany’s largest cannabis producers, recently completed its latest round of funding, …