Cannabis companies are about to enter earnings season as accountants wrap up the books and publicly traded companies prepare to file financial statements with regulators. Green Market Report’s Executive Editor Debra Borchardt talked with Water Tower Research Equity Analyst Jesse Redmond to get his expectations for the upcoming cycle. This interview …
Tag: Investing
Number of the Week: $60.4 million
$60.4 million – How much Trulieve has contributed to the campaign to legalize adult-use cannabis in Florida Floridians will vote in November on Amendment 3, which would legalize adult-use cannabis in the state. While polls show solid support among voters – a new poll from the Tyson Group showed 64% …
The Daily Hit: July 29, 2024
The Daily Hit is a recap of the top financial news stories for Monday, July 29, 2024. On the Site Verano to acquire Virginia, Arizona operations from The Cannabist Company The Cannabist Company has been clearing up some of its operation glut after its merger with Cresco collapsed. Read more …
Verano to acquire Virginia, Arizona operations from The Cannabist Company
Verano Holdings Corp. (OTC: VRNOF) announced Monday it has entered agreements to acquire cannabis operations in Virginia and Arizona from The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF). The move will expand Verano’s footprint into 14 states. The deal gives Verano entrance into Virginia’s medical cannabis market ahead …