Greenlane Holdings, Inc. (NASDAQ: GNLN) said that it will conduct a 1-for-11 reverse stock split of its Class A common stock, effective Aug. 5 before market open. The cannabis accessories company said the move is primarily aimed at maintaining compliance with Nasdaq’s minimum bid price requirement. The company had been …
Tag: Investing
Carmelo Anthony’s cannabis crossover is blazing new trails in Oregon
Carmelo Anthony’s latest assist isn’t happening on the hardwood. Aside from podcasting and appearance duties, the NBA legend’s been dishing dimes in West Coast grow rooms these days, where he’s quietly lurked behind the scenes for some time – and he’s got an all-star team backing him up. His new …
The Daily Hit: July 31, 2024
The Daily Hit is a recap of the top financial news stories for Wednesday, July 31, 2024. On the Site Michigan strikes at marijuana processor in first big crackdown on out-of-state hemp State regulators alleged that Sky Labs LLC used hemp powder from Colorado to create THCa. Read more here. …
Synthetic marijuana resurgence in Oklahoma a threat to public safety, officials say
Both law enforcement officials and medical cannabis industry spokespeople are voicing concern about a new surge of synthetic marijuana goods appearing on retail shelves in Oklahoma in products they say are neither hemp nor legal. The Oklahoma Bureau of Narcotics and Oklahomans for Responsible Cannabis Action both told KOCO News …