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by ExtrovertingNov 17, 20249:01 PMNovember 18, 2024

California pubcos: Lowell’s layoffs, Gold Flora’s IRS hopes

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, …

by ExtrovertingNov 15, 20247:31 AMNovember 15, 2024

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 […]

by ExtrovertingNov 15, 20246:46 AMNovember 15, 2024

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.

by ExtrovertingNov 14, 20249:01 PMNovember 15, 2024

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 …

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