Blüm Holdings Inc. (OTCQB: BLMH) posted a net income of $23.4 million for the second quarter ending June 30, showing progress in its turnaround efforts. The company’s improved performance was largely attributed to the sale of its controlling interest in People’s First Choice LLC, which operated the Blüm Santa Ana …
The Alabama Medical Cannabis Commission recently granted cultivation licenses to two more firms, Pure by Sirmon Farms LLC and Blackberry Farms LLC, after an administrative law judge recommended reversing earlier application denials. The move marks the start of a new chapter in the state’s complex and often contentious licensing process. …
iAnthus Capital Holdings, Inc. (CSE: IAN) (OTCQB: ITHUF) reported its unaudited financial results for the second quarter ending June 30, 2024. iAnthus reported revenue rose 11.1% to $43 million versus last year’s $38.7 million. It was a sequential increase of 3.5% from the first quarter. The company also delivered a …
cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) announced its financial results for our third quarter of fiscal 2024 ending June 30, 2024. Total sales fell 15% to $5.1 million from last year’s $6.4 million, but cbdMD noted that sales were up 18% sequentially. cbdMD reported a net income of …