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 …
CDC Data Highlights Sustained Decline in Youth Marijuana Use
The percentage of high-schoolers who identify as current consumers of cannabis fell 26 percent between 2013 and 2023. The post CDC Data Highlights Sustained Decline in Youth Marijuana Use appeared first on NORML.
High Times receiver returns to post, but with spending limits
High Times receiver Kevin Singer appears to be back on the job, but this time he has spending limits. High Times, the once iconic publisher of cannabis culture, has been offline for weeks as the company battles through receivership proceedings. High Times’ lender ExWorks, which is also bankrupt, has been …
Cannabis lender AFC Gamma reports $16.4 million in net income for second quarter
Florida-based AFC Gamma (NASDAQ: AFCG) posted net income of $16.4 million for the second quarter of the year, which ended June 30, and paid a dividend to shareholders of 48 cents per common share. The cannabis sector lender, which operates as a commercial mortgage REIT, pulled in revenue of $18.3 …