California-based Gold Flora Corp. (CBOE: GRAM) (OTCQB: GRAM) this week reported a net loss of $18.8 million, bringing its losses for the year thus far to $56.5 million, a dramatic turnaround from a year ago, when the company reported net income of $22.9 million for the quarter and was nearly …
Vancouver-based C21 Investments Inc. (CSE: CXXI) (OTCQX: CXXIF) bucked state cannabis market trends with a 14% sequential revenue jump to $7.5 million in its fiscal second quarter, as its new south Reno location helped offset broader headwinds. The retail segment generated $7.1 million in the second quarter, up 10% from …
Nonetheless, fewer than ten percent of all financial institutions nationwide currently provide services to state-licensed cannabis businesses. The post Treasury Report: Over 800 Banking Institutions Report Relationships With State-Licensed Cannabis Businesses appeared first on NORML.
“The odds of tobacco/nicotine use and co-use with cannabis were not associated with cannabis legalization,” the study’s authors concluded. The post Analysis: Liberalized Cannabis Laws Not Associated With Subsequent Upticks in Tobacco Use appeared first […]