Canadian cannabis company High Tide Inc. (Nasdaq: HITI) (TXSV: HITI) posted net income of C$171,000 for the three months that ended April 30, the company’s second fiscal quarter of 2024, a long-awaited turnaround after breaking even last quarter and losing C$1.6 million a year ago. The profit level for the …

Ontario-based Indiva Limited (TSX: NDVA) received creditor protection in Canada in the face of mounting debt pressures and other market challenges, the company announced Thursday. The Ontario Superior Court of Justice granted Indiva an Initial Order under the Companies’ Creditors Arrangement Act, which allows the company to restructure its business …

This story was republished with permission from Crain’s Cleveland Business and written by Jeremy Nobile.  While Ohio could be just a couple weeks out from the awarding of dual-use licenses and the state’s first non-medical marijuana sales, most operators are mum on what prices could look like for products at the retail …

While it’s often believed that letting cannabis stores open in a neighborhood will drive down property values, a new report from real estate company Tomo says not so fast. Instead, Tomo found that, on average, if a dispensary opens in your area, you’re likely to see an additional $4,400 increase …