A cannabis testing lab which has been forced to close may reopen as soon as Wednesday afternoon, if a hearing scheduled for 1:30 p.m. goes the lab’s way. That’s according to longtime California cannabis industry attorney James Anthony, who is representing California Cannabis Testing Labs. The California Department of Cannabis …
The Daily Hit: July 30, 2024
The Daily Hit is a recap of the top financial news stories for Tuesday, July 30, 2024. On the Site Infused beverages, Germany offer big potential for Tilray Investors sent the company’s stock price higher on the positive outlook for Tilray. Read more here. Senators say they want safe banking …
MTL Cannabis more than doubles revenue in fiscal 2024
MTL Cannabis Corp. (CSE: MTLC) announced record results for its fiscal year 2024 ending March 31, driven by revenue growth and improved profitability as costs rise with it. The Canadian cannabis producer reported revenue of C$83.1 million for the year, a 165.7% increase from C$31.3 million in the previous year. …
Senators say they want safe banking for cannabis, but take no action
Actions speak louder than words. Green Market Report took a trip to Washington D.C. to ask Senators why the Safe Banking legislation for cannabis hasn’t gone to a vote. Executive Editor Debra Borchardt spoke with Senators Elizabeth Warren, Dick Durbin, Thom Tillis, Eric Schmitt, and Jeff Merkley last week in …