This article has been updated to reflect that Optum is owned by UnitedHealth Group. The 16th Horizons: Perspectives on Psychedelics conference is being held in New York this week at the Academy of Medicine and the tone on the business day was decidedly different. At past Horizons conferences, the business …
Vext’s 2023 revenue holds steady as Ohio expansion offsets Arizona decline
Vext Science (CSE: VEXT) (OTCQX: VEXTF) reported flat revenue but lower full-year profit for 2023 versus the prior year, weighed down by persistent problems in its core Arizona operations. For the year ending Dec. 31, the Arizona-based company said its net income fell to $4.4 million from $10.9 million in …
The Daily Hit: May 9, 2024
The Daily Hit is a recap of the top financial news stories for Thursday, May 9, 2024. On the Site Tilt Holdings lands $10.5M for Pennsylvania build-out TILT said that the money came from “an experienced retailer and operator.” Read more here. South Dakota marijuana legalization campaign submits signatures to …
Planet 13 reports $6M loss in first quarter, preps for Florida expansion
Nevada-based Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) lost $5.9 million in the first three months of 2024, the company reported Thursday. The loss is a sequential improvement from its $14.3 million loss in the fourth quarter of 2023 and year-over-year from the $8.1 million lost in the opening …