Canadian psychedelics company Red Light Holland Corp. (CSE: TRIP) (OTCQB: TRUFF) cut its quarterly losses and grew sales as its mushroom and truffle business expanded across North America and Europe. Revenue reached C$1.37 million for the quarter ending Sept. 30, up 39.1% from C$983,324 in the year-ago period, according to …
Tag: Investing
LeafLink projects cannabis market to reach $55 billion by 2030
Despite the headaches that many in the cannabis industry have endured, wholesale platform company LeafLink mined its data to determine that by 2030, the U.S. cannabis market is projected to reach around $55 billion. That would put the growth at an annual rate of 11%. The company released a new… …
Number of the Week: $19.2 million
$19.2 million is the total of retail sales for Green Wednesday according to Jane Technologies. Total sales were 101% higher than the average of the previous three Wednesdays. The average cart size of ~$90 was ~10% higher than the average from the previous three Wednesdays. The top five states were… …
The Daily Hit: December 2, 2024
The Daily Hit is a recap of the top financial news stories for Monday, December 2, 2024. On the Site Rescheduling hearing starts under cloud of allegations The DEA is attempting to reschedule cannabis from a Schedule1 drug under the CSA to a Schedule 3 drug. Read more here. Simply …