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 …
Minnesota-based Vireo Growth (CSE: VREO) (OTCQX: VREOF) on Wednesday reported a net loss of $4.9 million for its third quarter, bringing its losses for the 2024 calendar year thus far to $12.3 million, despite increasing revenues. Vireo, which was formerly known as Goodness Growth Holdings, pulled in $25.1 million in …
Flora Growth Corp. (Nasdaq: FLGC) reported its financial results for the three months ending Sept. 30. Revenue for the quarter fell to $12.4 million from last year’s $17.3 million. This missed the Yahoo Finance average analyst estimate for revenue of $16.75 million. In addition to the miss and lowered revenue, …