The cannabis industry, once fueled by sky-high revenue projections and aggressive expansion strategies, is undergoing a critical transformation. Investors and industry buyers are moving away from gross top-line revenue as the primary valuation metric and focusing instead on EBITDA or EBIT. This shift marks a maturation phase for the industry …
High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) reported record revenue in its fiscal first quarter, which ended on Jan. 31. In conjunction with the earnings release, the Canna Cabana retail chain operator addressed the recent halt to an acquisition in Germany and lower EBIDTA on its balance sheet. The company’s …
After 4.5 years leading one of Maryland’s largest dispensaries, Culta Chief Executive Officer and Board Director Allison Seigel announced she was stepping down from her role. “Cannabis is not for the faint of heart. It’s an industry where passion meets relentless obstacles, where entrepreneurs battle impossible odds, and where success …
“Just as patients taking traditional medications do not face punishment in the workplace unless their on-the-job performance is impaired, those who use medical cannabis during their off-hours should not face sanctions solely because of their status as a medical marijuana patient.” The post Maryland: Senate Advances Bill Protecting Certain Public Employees From Being Fired Over