As another cannabis earnings season winds down, Green Market Report‘s Executive Editor Debra Borchardt spoke with CNBC market strategist Tim Seymour, who is also the founder and chief investment officer of Seymour Asset Management, about the overall tone of the company reports and what the results could signal about the future. …
The Daily Hit is a recap of the top financial news stories for Tuesday, August 13, 2024. On the Site SNDL to acquire remaining stake in Nova Cannabis The company touted its “robust balance sheet” as key to supporting Nova’s retail arm, Value Buds. Read more here. SeedJunky drops breach …
Medicine Man Technologies, Inc. also known as Schwazze, (OTC: SHWZ) (Cboe CA: SHWZ) released its financial results for the second quarter ending June 30, 2024. The company has yet to file formal financial statements for the first or second quarter after dismissing its auditor. Schwazze is still not current with …
SNDL Inc. (Nasdaq: SNDL) agreed to buy out minority shareholders of Nova Cannabis Inc. in a deal valued at approximately C$40 million, a move that will strengthen its position in Canada’s cannabis retail market. The all-cash transaction, announced Tuesday, will see SNDL acquire the remaining 34.8% of Nova shares it …