CBD products were once buzzworthy in the hemp industry, but their lack of buzz has convenience stores and smoke shops shifting gears toward intoxicating hemp products, according to data from Management Science Associates. MSA surveyed roughly 50 distributors and 15 of the top 21 wholesalers with information through October 2023. …
The Daily Hit is a recap of the top financial news stories for Monday, November 11, 2024. On the Site Former Surterra Wellness executives sue Wrigley over overvalued stock payments The employees are facing huge tax bills on the inflated shares, but the shares are worthless Read more here. DC …
Ispire Technology (Nasdaq: ISPR) shed some weight during the fiscal first quarter as the vaping technology company continued to expand its product lines, though sales fell short of analyst estimates. The California-based company posted a net loss of $5.6 million for the first quarter ending Sept. 30, versus a loss …
One of the few profitable multistate operators in the U.S. cannabis trade, Chicago-based Green Thumb Industries (CSE: GTII) (OTCQX: GTBIF), is “frustrated” but undaunted by this year’s election results, including the failure of recreational marijuana in Florida. “Now that the election is over, the good news for us is that …