This story was republished with permission from Crain’s Cleveland Business. Three months into the launch of adult-use marijuana in Ohio, cannabis prices are ticking down, and sales are trending up significantly. Sales of non-medical marijuana to adults 21 and older began on Aug. 6. Dispensaries were selling between $36 million to …
Toronto-based Slang Worldwide (CSE: SLNG) (OTCQB: SLGWF) became the latest multistate cannabis company to go belly-up, with an announcement Tuesday that it is entering receivership in Colorado and declaring bankruptcy in Canada, effectively closing up shop. Slang “finalized a wind-down plan,” the company stated in a press release, after noting …
As Election Day kicks off, Florida will soon know whether it’ll stand up a fully fledged recreational cannabis program next year. And Trulieve Cannabis Corp. (OTC: TCNNF) has been a driving force behind the Yes on 3 campaign, pouring millions into the effort. If the measure passes, CEO Kim Rivers …
The Daily Hit is a recap of the top financial news stories for Monday, November 4, 2024. On the Site Nebraska judge clears path for medical marijuana ballot measures, but fraud trial still ongoing The judge overseeing the case said that, as of Friday, the evidence presented was not enough …