Canada-based MTL Cannabis Corp. (CSE: MTLC) posted net income of C$2.2 million for its first fiscal quarter of 2025, which ended June 30, while more than doubling the revenue it pulled in for the same quarter a year ago. MTL, which is focused exclusively on the medical cannabis sector, reported …

Canadian cannabis processing firm Nextleaft Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) reported a net loss of C$317,264 for its third fiscal quarter, which ended June 30, bringing its losses for the fiscal year to date to C$1.1 million. The losses are a big swing for Nextleaf, which a …

Once blooming cannabis markets have been trimmed in recent years – but the reason isn’t all that insidious. OG markets like Colorado and Washington state have simply reached a new stage of development. They’re maturing. And that’s led to fewer jobs for those looking to get a foot in the …

The Daily Hit is a recap of the top financial news stories for Thursday, August 29, 2024. On the Site New York hemp companies claim in lawsuit they’ve been wrongly targeted amid cannabis crackdown Judge Roger McDonough has already scheduled a hearing on the request for a temporary restraining order …