Red Light Holland Corp. (CSE: TRIP) (OTCQB: TRUFF) reported a 20.3% increase in annual revenue for its 2024 fiscal year, which ended March 31, as it diversifies to mitigate wider regulatory slow-crawls in the psychedelic space. The Ontario-based company reported revenue of $4.75 million, up from $3.95 million in the …
Tag: Investing
Adult-use marijuana sales should be just around the corner in Ohio
This story was republished with permission from Crain’s Cleveland and written by Jeremy Nobile. Adult-use marijuana sales should be just around the corner. According to the Ohio Division of Cannabis Control, as of Friday, July 26, regulators have awarded a total of 34 dual-use certificates of operation (COO) to marijuana …
Cannabis legal experts emphasize uncertainty with rescheduling at Chicago conference
The federal marijuana rescheduling process is far from complete, and major questions over the timeline still loom large over the U.S. cannabis industry. That was the sentiment from a bevy of legal experts and industry insiders during several panels at a gathering of the International Cannabis Bar Association in Chicago …
The future of pre-rolls: A blazing trail in cannabis
The cannabis industry has witnessed numerous trends, but few have been as explosive as the rise of pre-rolls. Once a niche product, pre-rolls have surged to become the third-largest cannabis category, reshaping consumer preferences and market dynamics. Diving deep into data from Headset, which tracks consumer transactions at retailers and …