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 …
Greenway reports fourth-quarter rebound despite full-year revenue decline
Greenway Greenhouse Cannabis Corp. (CSE: GWAY) reported a net loss of C$4.7 million for its fiscal year ending March 31, widening from a C$2.6 million loss the previous year. The Canadian cultivator saw net revenue decline 7% to C$5.2 million, despite a 33% increase in grams sold, which came in …
Virginia levies $11 million in fines against over 300 retailers for illegal hemp goods
More than 300 retailers across the state of Virginia have been fined a cumulative total of $10.8 million by state regulators, all for selling illegal intoxicating hemp goods that the legislature banned last year. That’s according to state statistics compiled by the group Virginians for Cannabis Safety, according to an …
Water Tower Research provides preview of second-quarter cannabis earnings
Cannabis companies are about to enter earnings season as accountants wrap up the books and publicly traded companies prepare to file financial statements with regulators. Green Market Report’s Executive Editor Debra Borchardt talked with Water Tower Research Equity Analyst Jesse Redmond to get his expectations for the upcoming cycle. This interview …