Tag: Investing
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Israel slaps high tariffs on Canadian cannabis
Israel took a firm stance against Canadian cannabis imports with the announcement of steep tariffs on the products. Israel’s minister of economy and industry plans to impose tariffs as high as 165% on Canadian cannabis imports for the next four years, according to StratCann. The decision, which still requires approval …
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Stock moves: SNDL lists on CSE, IM Cannabis receives Nasdaq delist warning
SNDL Inc. (Nasdaq: SNDL) began trading on the Canadian Securities Exchange under the symbol SNDL, while maintaining its Nasdaq listing. Meanwhile, IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) said it received word from Nasdaq that it no longer complies with the minimum stockholders’ equity requirement for continued listing, giving the …
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Scotts cuts Hawthorne Collective loose as it pivots away from cannabis
The Scotts Miracle-Gro Company (NYSE: SMG) made it official. The gardening behemoth has officially transferred its wholly-owned subsidiary, The Hawthorne Collective, Inc., to an independent strategic partner. Scotts established its hydroponic business, Hawthorne Gardening, to enter the cannabis space. In the beginning, it looked like a stellar plan, as the …