Seattle-based Leafly Holdings Inc. (Nasdaq: LFLY) reported a net loss of just $1.1 million for the third quarter of the year, bringing its greatly reduced losses for the year to a mere $4.8 million. Losses for the company fell about 50% year-over-year from $2.2 in the third quarter last year …
The Daily Hit: November 7, 2024
The Daily Hit is a recap of the top financial news stories for Thursday, November 7, 2024. On the Site Illinois government blamed for failing social equity cannabis businesses in new lawsuit The lawsuit claims that Gov. Pritzker’s administration implemented “discretionary policies” that led to their troubles. Read more here. …
TerrAscend ‘Looking Forward’ to DEA’s Upcoming Cannabis Rescheduling Hearing, Chairman Says
1 market share position in New Jersey,” TerrAscend Executive Chairman Jason Wild said. “Importantly, the third quarter marked our ninth …
The Cannabist Co. Exits ‘Unprofitable and Underperforming’ Locations, CEO Says
Top 5 Markets by Revenue and Adjusted EBITDA in Q3: Colorado, Maryland, New Jersey, Ohio, Virginia. Markets are listed alphabetically. Financial …