Since last week, Verano Holdings Corp. (OTC: VRNOF) has touted its push into new territories with acquisitions in Virginia and Arizona, a move the company hopes will offset sluggish revenue growth in its existing markets. The timing may be ideal, considering the firm is starting to face some more headwinds …
The Daily Hit is a recap of the top financial news stories for Wednesday, August 7, 2024. On the Site High Times receiver returns to post, but with spending limits Receiver Kevin Singer’s role has been severely scaled back to only to review purchase offers for assets. Read more here. …
MariMed Inc. (CSE: MRMD) (OTCQX: MRMD) reported mixed second-quarter results on Wednesday, with strong revenue growth offset by margin pressure and more expenses as the company continues to extend its footprint up north. The multistate operator posted revenue of $40.4 million for the quarter ending June 30, up 11% from …
High Times receiver Kevin Singer appears to be back on the job, but this time he has spending limits. High Times, the once iconic publisher of cannabis culture, has been offline for weeks as the company battles through receivership proceedings. High Times’ lender ExWorks, which is also bankrupt, has been …