MariMed Inc. (CSE: MRMD) (OTCQX: MRMD) moved toward expanding its adult-use retail footprint in three states, Massachusetts, Ohio, and Maryland. The company said it received approval from the Massachusetts Cannabis Control Commission to begin adult-use sales at its Panacea Wellness dispensary in Quincy, which commenced operations on July 2. This …
1933 delivers rising revenue, suspends CannaHemp business
1933 Industries Inc. (CSE: TGIF)(OTCQB: TGIFF) released its unaudited interim consolidated financial statements for the third quarter ending April 30, 2024 in Canadian dollars. 1933 reported that in the third quarter, its total revenues were C$4.8 million versus C$4.0 million for the same period in 2023. The company attributed the …
Diamond Shruumz recall issued as the sick tally up
The U.S. Food and Drug Administration widened its warning about Diamond Shruumz edible products linked to illnesses across multiple states, with a nationwide recall underway. California-based Prophet Premium Blends is recalling all of its mushroom-containing products, including infused cones, chocolate bars, and gummies, the FDA announced Friday. The recall comes …
How Subscription Merchants can Prevent Chargebacks on Recurring Payments
There’s no denying that the subscription economy is booming. In fact, the financial services firm UBS projects that the market will hit $1.5 trillion by 2025. Yet despite that robust figure, there is a looming challenge for merchants — chargebacks. So what exactly are chargebacks? Chargebacks occur when funds are …