MTL Cannabis Corp. (CSE: MTLC) announced record results for its fiscal year 2024 ending March 31, driven by revenue growth and improved profitability as costs rise with it. The Canadian cannabis producer reported revenue of C$83.1 million for the year, a 165.7% increase from C$31.3 million in the previous year. …
Actions speak louder than words. Green Market Report took a trip to Washington D.C. to ask Senators why the Safe Banking legislation for cannabis hasn’t gone to a vote. Executive Editor Debra Borchardt spoke with Senators Elizabeth Warren, Dick Durbin, Thom Tillis, Eric Schmitt, and Jeff Merkley last week in …
Greenway Greenhouse Cannabis Corp. (CSE: GWAY) reported a net loss of C$4.7 million for its fiscal year ending March 31, widening from a C$2.6 million loss the previous year. The Canadian cultivator saw net revenue decline 7% to C$5.2 million, despite a 33% increase in grams sold, which came in …
More than 300 retailers across the state of Virginia have been fined a cumulative total of $10.8 million by state regulators, all for selling illegal intoxicating hemp goods that the legislature banned last year. That’s according to state statistics compiled by the group Virginians for Cannabis Safety, according to an …