GrowGeneration Corp. (Nasdaq: GRWG) reported a wider third-quarter net loss as revenue declined amid store closures and consolidation. The Colorado-based hydroponic and garden chain posted a net loss of $11.4 million for the period ending Sept. 30, versus a loss of $7.3 million in the year-ago period. Sales fell 10% …
Colorado-based SHF Holdings Inc. (Nasdaq: SHFS), which does business as Safe Harbor Financial, swung to a profit in the third quarter as expenses declined and interest income from its lending business increased. The Colorado-based company reported net income of $353,817 for the period ending Sept. 30, versus a net loss …
New York cannabis regulators unveiled sweeping changes across multiple industry sectors, approving 125 new business licenses while introducing payment flexibility for medical operators and extending deadlines for social equity retailers. The state’s Cannabis Control Board on Tuesday approved: 42 retail dispensaries 30 microbusinesses 6 cultivators 11 distributors 36 processors Regulators …
Cannabis delivery giant Eaze secured $10 million in Series B funding to restart operations across four states, an unexpected revival that comes just weeks after its owners announced plans to wind down the business by year-end. The newly formed company plans to reopen 70 locations, including 57 retail stores, according …