Village Farms International, Inc. (NASDAQ: VFF) said Tuesday it has acquired full ownership of Leli Holland, B.V., one of 10 licensed cannabis producers in the Netherlands’ new regulated program. The company upped its stake to 100% from 85%, nailing down its position in what CEO Michael DeGiglio called “one of …
The Daily Hit is a recap of the top financial news stories for Monday, Sept. 23, 2024. On the Site Unlicensed market marijuana goes unchecked under Michigan’s law Nearly a year after a landmark Michigan Court of Appeals ruling, Michigan’s illicit marijuana dealers have an economic edge. Read more here. …
New Jersey Gov. Phil Murphy on Friday appointed medical business executive Amelia Mapp, the wife of Plainfield Mayor Adrian Mapp, to replace an outgoing member of the state Cannabis Regulatory Commission. Mapp is taking over for Commissioner Charles Barker, who is departing the agency after serving on the panel since …
Simply Solventless Concentrates Ltd. (SSC) (TSXV: HASH) gave investors some rosy guidance for the company’s third-quarter results. SSC is projecting growth rates of 65% sequentially and 373% year-over-year. The company attributed the growth to its successful brands and the acquisition of CannMart. CEO Jeff Swainson said, “Q3 2024 is shaping …