The Daily Hit is a recap of the top financial news stories for Tuesday, November 26, 2024. On the Site Canopy Growth names Luc Mongeau as its next CEO Mongeau is a current board member and CPG veteran. Read more here. Scotts Miracle-Gro shakes up C-suite, takes hit on cannabis …
POSaBIT reports third-quarter loss despite payment platform growth
POSaBIT Systems Corp. (CSE: PBIT) (OTC: POSAF) reported a $2.1 million loss in its third quarter even though adoption of its new payment platform and expanded merchant base has grown. The cannabis fintech posted revenue of $4.1 million for the period ending Sept. 30, down 4% from the second quarter. …
Inspector General: DEA Agents Prohibited from Randomly Searching Travelers at Airports, Other Transportation Facilities
“For too long, the DEA has imposed intimidatory tactics upon innocent travelers. Americans who purchase tickets to travel by plane, bus, or train should not be expected to forsake their civil liberties when they enter the terminal.” The post Inspector General: DEA Agents Prohibited from Randomly Searching Travelers at Airports, Other Transportation Facilities appeared first
LeafLink buys online wholesale competitor Leaf Trade
Online cannabis wholesale platform LeafLink purchased one of its competitors, Leaf Trade, for an undisclosed sum, the companies announced Tuesday. The new acquisition by LeafLink will fuel more growth for the ancillary company, which said in a press release that Leaf Trade will bring with it plenty of new customers, …