Denver-based Canvas 1839 Group acquired key assets of cannabis edibles manufacturer Coda Signature and plans to resume production of its cannabis chocolate bars. Canvas, which primarily produces cannabis-infused lotions, saw the deal as a good opportunity to expand into the edibles market, according to a news release. Financial terms of …
Tag: Investing
LEEF Brands sales rise in 2023, but net losses remain high
LEEF Brands, Inc. (CSE: LEEF)(OTC: LEEEF) (formerly Icanic Brands) released its audited financial statements for the year ended 2023 along with the interim financial statements for the quarter ending March 31, 2024. In the fourth quarter revenue rose sequentially to $5.9 million versus the third quarter revenue of $5.7 million. …
Clearmind signs agreement with Hebrew University for psychedelic compound rights
Clearmind Medicine Inc. (Nasdaq: CMND) announced an exclusive licensing agreement with Yissum Research Development Company of the Hebrew University of Jerusalem. Clearmind said it will get exclusive worldwide rights to develop, research, manufacture, market, and commercialize products derived from a patent-pending synthesis of psychedelic compounds. This company said in a …
The Daily Hit: April 17, 2024
The Daily Hit is a recap of the top financial news stories for April 16, 2024. On the Site West Coast 4/20 events struggle, as East Coast events boom As new events celebrating weed’s unofficial holiday of April 20 continue to spring every year, money troubles have forced some of …