Canada-based PharmaCielo Ltd. (TSXV: PCLO) (OTC Pink: PCLOF) on Friday reported a net loss of C$2.5 million for the second quarter of the year, an improvement from a year ago, when the company lost C$3.5 million. The results bring the international marijuana company’s net loss for 2024 year-to-date to just …
Tag: Investing
Canopy Growth’s CEO David Klein announces retirement
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced today that the company’s CEO David Klein would be retiring after the company’s current fiscal year ending March 31, 2025. Klein stepped into the role in 2020 Until a successor is named, Canopy said that Klein would continue in his role as …
Kanha: a California cannabis success story
California is full of cannabis companies that have flamed out, but edibles company Kanha is on fire. Launched in 2015, Kanha is a top three brand for edibles and a top 15 brand overall in the state, according to cannabis analytics firm Headset. But the company’s success isn’t limited to …
Ohio surpasses $11.5 million in adult-use marijuana sales over first five days
This story was republished with permission from Crain’s Cleveland Business. Ohio logged more than $11.5 million in non-medical marijuana sales across the first five days of adult-use business between Aug. 6 — when rec sales launched — and Aug. 10, according to data posted by the Ohio Division of Cannabis Control. Industry operators …