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District judge sides with Nebraska medical cannabis ballot sponsors in legal challenge
Editor’s note: This is a developing story and will be updated. LINCOLN — A Lancaster County District Court judge has dismissed major legal …
The Daily Hit: November 26, 2024
The Daily Hit is a recap of the top financial news stories for Tuesday, November 26, 2024. On the Site Canopy Growth names Luc Mongeau as its next CEO Mongeau is a current board member and CPG veteran. Read more here. Scotts Miracle-Gro shakes up C-suite, takes hit on cannabis …
POSaBIT reports third-quarter loss despite payment platform growth
POSaBIT Systems Corp. (CSE: PBIT) (OTC: POSAF) reported a $2.1 million loss in its third quarter even though adoption of its new payment platform and expanded merchant base has grown. The cannabis fintech posted revenue of $4.1 million for the period ending Sept. 30, down 4% from the second quarter. …