Texas-based MedCana (OTC PINK: SFWJ) expanded its global cannabis footprint with the acquisition of seven companies, mostly in the South American nation of Colombia, with a total of 23 cannabis-related business permits. MedCana, which is focused on “the pharmaceutical-grade cannabis industry,” said it purchased 100% ownership of: Cannabicolombia Group …
While recreational marijuana sales generally outpace those of medical cannabis in states that are home to both options for consumers, there are a number of key differences among customer demographics in the two arenas, according to a survey published this month by New Frontier Data. The survey, which polled almost …
The Daily Hit is a recap of the top financial news stories for Tuesday, October 8, 2024. On the Site Mississippi cannabis ad ban gets its day in federal appeals court A federal judge dismissed the lawsuit earlier this year, leading to the appeal. Read more here. New York City …
Cannect Wellness has secured $7 million in new funding, the company said on Tuesday. The Chicago-based craft cannabis producer plans to use the capital infusion to beef its production capacity, expand its product portfolio and double its workforce. This latest capital infusion brings the firm’s total equity financing to $14.5 …