Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) completed the first closing of its private placement, raising more than $2 million with company insiders leading the investment round just days after acquiring a major production facility. The cannabis producer issued about 33.5 million common shares at 6 cents each, according …
Tag: Investing
Entourage Health gets second extension on debt terms
Entourage Health Corp. (TSXV: ENTG) has received its second debt forbearance extension in less than a month, buying more time to restructure its financial obligations amid mounting losses. The Canadian cannabis producer said Friday it reached an agreement with LiUNA Pension Fund of Central and Eastern Canada to extend debt …
Fluent plots Florida expansion – with or without adult-use legalization
Fluent, a subsidiary of Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF), has grand plans for expansion, but the potential for adult-use legalization in Florida isn’t the key driver, according to CEO Robert Beasley. The Tampa-based cannabis company, with is currently the sixth-largest operator in the state by milligrams of THC sold, …
The Daily Hit: October 31, 2024
The Daily Hit is a recap of the top financial news stories for Thursday, October 31, 2024. On the Site Report: New York could be a $6 billion market in just two years The New York market has been impacted with the explosion of unlicensed operators hurting store profits. Read …