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PharmaCielo aims for profitability by late 2025 despite going concern
PharmaCielo Ltd. (TSXV: PCLO) (OTC Pink: PCLOF) more than tripled its sales in its latest quarter, compared with the same period a year ago, but filings show liquidity concerns that could threaten the company. The Canada-based international cannabis company reported revenue of C$1.13 million in in the fourth quarter ending …
Simply Solventless continues acquisition spree, closes purchase of Delta 9 Bio-Tech
Calgary-based Simply Solventless Concentrates Ltd. (TSXV: HASH) (OTC: SSCLCF) on Friday announced that its purchase of cannabis grower Delta 9 Bio-Tech Ltd. has formally closed for C$3 million in cash. Simply Solventless in January made a C$750,000 down payment towards the total purchase price and paid the remainder this week, …
PBN’s 2025 Business of Cannabis Summit slated for March 6
The Rhode Island Cannabis Act, passed in May 2022, allowed for retail sales of marijuana at seven medical dispensaries and promised an eventual …