Oxford Cannabinoid Technologies Holdings plc (LSE: OCTP)reported its financial results for the year ending on April 30, 2023. While the company didn’t report any revenues, it did note that it has a robust balance sheet, debt-free with cash reserves of approximately £2.3 million. Oxford also stated that its cash is …
Tag: Investing
Otsuka Pharmaceutical to Acquire Mindset Pharma for Nearly $60M
Toronto-based Mindset Pharma Inc. (CSE: MSET) (OTCQB: MSSTF) will be acquired by Japan-based Otsuka Pharmaceutical Co. through its American subsidiary in an all-cash transaction valued at approximately C$80 million ($59.15 million), the company announced Thursday. The agreement stipulates that each …
Green Market Report Finance Awards: Top Lender Sweet Leaf Madison Capital
On August 3, Green Market Report hosted its 2023 Finance Summit. At the Summit, the winners of the 2023 GMR Cannabis Finance Awards were announced. The winner of the Top Lender in Cannabis was Florida-based Sweet Leaf Madison Capital. The company, which was Sweet Leaf Capital until the firm merged with Madison Ventures+ …
Dispensaries Stock Up and Staff Up for Labor Day 2023
As Labor Day weekend approaches, cannabis dispensaries across the United States are preparing for a busy holiday by building up inventory, offering promotional specials, and increasing staff to handle the expected uptick in foot traffic. “Based on industry trends, we are expecting a very busy sales day as Labor Day …