Ayr Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) is forging ahead with an ambitious Florida beefing-of-sorts despite last week’s failed adult-use legalization vote. The company is still betting that premium indoor-grown cannabis flower will help it capture market share in what remains one of the world’s largest medical markets. “Indoor flower …
Florida-based cannabis marketing firm Springbig Holdings Inc. (OTCQX: SBIG) this week reported a $554,000 loss for the third quarter of the year, against declining revenues and a struggling national marijuana market. The results bring Springbig’s loss for the year to just $784,000 however, though revenue dipped year-over-year to $6.4 million …
Seattle-based Jones Soda Co. (CSE: JSDA) (OTCQB: JSDA) this week reported a net loss of $2.6 million for the third quarter, against slightly dipping revenues even as the company’s THC-infused beverage sector nearly quintupled in sales. The results, which brought Jones Soda’s losses for the year to $5.3 million for …
The Daily Hit is a recap of the top financial news stories for Wednesday, November 13, 2024. On the Site Agrify enters hemp sector with all-stock acquisition of Double or Nothing Señorita hemp-derived THC beverages are currently sold in Canada and nine U.S. states. Read more here. Blüm Holdings reports …