“Retailers provide consumers with the option of obtaining lab-tested products in a safe, regulated environment. The sooner consumers have market access to cannabis products, the more quickly we will begin to see disruptions to the unregulated marketplace.” The post Ohio: State Officials Announce Start Date for Retail Cannabis Sales appeared first on NORML.
Ohio’s recreational cannabis sales could start next week as state will issue needed licenses
This story was republished with permission from Crain’s Cleveland and written by Marcus Gilmer. Ohio will launch recreational cannabis sales early next week — possibly as early as Tuesday, Aug. 6 — as the state will issue the first necessary licenses on Monday. “We intend to issue the first set of non-medical licenses on …
C21 Investments maintains cash flow during fiscal year shift
C21 Investments Inc. (CSE: CXXI) (OTCQX: CXXIF) on Thursday reported financial results for its two-month stub period ending March 31, 2024, as the company transitions to a new fiscal year end. The company, which operates in Nevada, reported revenue of $4.5 million and operating cash flow of $900,000 for the …
SNDL net loss shrinks, margins up amid restructuring
Canadian cannabis and liquor retailer SNDL Inc. (Nasdaq: SNDL) reported Thursday that its second-quarter profit margins and net loss improved despite a slight dip in revenue. The company’s net revenue fell 1.6% to $228.1 million for the quarter ending June 30, down from $231.9 million a year earlier. However, gross …