A new rule that goes into effect Jan. 8 has the potential to save Colorado cannabis growers significant costs – but only if Florida-based Metrc develops new tags without microchips for tracking marijuana plants. Under the current rules, every single marijuana plant at licensed cultivation facilities must have track-and-trace RFID …
Tag: Investing
Cannara Biotech Posts Solid 2023, Q4
Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) reported a substantial rise in revenue and profitability for its fourth quarter and full fiscal year of 2023, both of which ended Aug. 31. The Montreal-based cannabis producer recorded net revenue of $18.3 million, a 53% rise from the same quarter last year. …
Ohio Adult-Use Law Now in Effect as Lawmakers Rush to Revise
Ohio’s voter-approved initiative legalizing adult-use cannabis officially went into effect as it was written on Thursday morning. However, the program could soon receive a makeover as lawmakers in the statehouse continue to negotiate over some of the measure’s biggest items. The Ohio State Senate on Wednesday passed a slew of …
Curaleaf Wins Uplisting to Toronto Stock Exchange
New York-based Curaleaf Holdings Inc. (CSE: CURA) (OTCQX: CURLF) has won “conditional approval” from Canadian securities regulators to uplist its shares to the Toronto Stock Exchange, the company announced Thursday. “We are now one step closer to accessing an even broader set of global institutional investors than we currently have, …