An increasing number of California marijuana businesses – particularly retailers – have been forced to diversify their revenue streams or become vertically integrated, all in the name of cutting costs and staying afloat. That’s according to Jerred Kiloh, the longtime owner of The Higher Path, one of a few hundred …
The Daily Hit is a recap of the top financial news stories for Tuesday, June 25, 2024. On the Site ExWorks terminates receiver agreement for High Times properties Kevin Singer is no longer the receiver for the High Times properties. Read more here. Minnesota cannabis social equity program draws 700 …
Mental health technology firm INVI MindHealth secured $1.5 million in seed funding, the startup announced Tuesday. The Denver-based firm, founded in 2020 by former Navy SEAL Jonathan Wilson, plans to use the funds to enhance its existing application and develop a new dashboard tool called Overwatch for team leaders. “INVI …
Canadian cannabis producer Organigram Holdings (NASDAQ: OGI) (TSX: OGI) took steps toward European expansion with a €14 million (approximately C$21 million) investment in German cannabis company Sanity Group GmbH, the company announced Tuesday. The investment is funded through Organigram’s Jupiter strategic investment pool and consists of an €11.5 million unsecured …