Several big-name publicly traded cannabis companies in California are in obvious distress, which begs the question, how long until more of them join the conga line into receivership and bankruptcy? Last week alone, Lowell Farms (CSE: LOWL) (OTCQX: LOWLF) reported that it lost another $3.6 million in its latest quarter, …
Detroit cafe & restaurant Folk opening store inside Michigan Central Station
Detroit cafe and restaurant Folk announced it is opening a new retail store inside Michigan Central Station later this month. According to Folk, the store will be called “Neighbor X Folk” and will offer a […]
Study: Cannabis Use Not Associated With Later IQ Decline
Researchers determined that participants with a history of cannabis use experienced “significantly less cognitive decline” over their lifetimes than did non-users. The post Study: Cannabis Use Not Associated With Later IQ Decline appeared first on NORML.
Cannabis REITs navigate tenant stress, even as rate cut lifts real estate stocks
Cannabis real estate lenders are taking markedly different approaches to troubled credit and market headwinds lately, with some aggressively restructuring loans while others maintain a wait-and-see approach, according to earnings calls over the past week. While broader real estate stocks rallied on the Federal Reserve’s latest rate cut, with the …