SNDL Inc. (NASDAQ: SNDL) said in regulatory filings that it picked up 5.4% of High Tide’s shares on March 10. The company disclosed the purchase in a Schedule 13G form that reported SNDL acquired 4.35 million shares of the Canadian retailer. The transaction was first reported by StratCann. While neither …
Maryland’s fourth quarter tax collection dips slightly
Maryland reported total adult-use cannabis sales and use tax revenue of $17.6 million for the fourth quarter of 2024. This is slightly below the third-quarter tax revenue of $18.2 million. For the full year of 2024, the state reported $1.14 billion in sales, on which it collected roughly $73 million… …
Detroit gearing up for annual St. Patrick’s Day parade
Thousands of people are set to celebrate St. Patrick’s Day on Sunday with the annual St. Patrick’s Day Parade in Detroit. The parade will step off from Sixth St. and Bagley in Corktown at 1 […]
Cannabist execs highlight progress on ‘turnaround’ plan despite $200M loss
Executives with The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) during the company’s quarterly earnings call said they’re about halfway through a “turnaround” plan to make the company profitable, but didn’t mention the financial filing this week which reported a $205 million net loss for the business last… …