The Daily Hit is a recap of the top financial news stories for Thursday, August 29, 2024. On the Site New York hemp companies claim in lawsuit they’ve been wrongly targeted amid cannabis crackdown Judge Roger McDonough has already scheduled a hearing on the request for a temporary restraining order …
Tag: Investing
StateHouse sees progress in Q2, but substantial pressures remain
StateHouse Holdings Inc. (CSE: STHZ) (OTCQB: STHZF) announced solid results for its second quarter ending June 30, as revenue increased 10% to $27.8 million versus last year’s $25.3 million for the same period. StateHouse also reported net income in the quarter of $200,000 versus last year’s net loss of $2.1 …
Red White & Bloom second-quarter financials remain stable year-over-year
Toronto-based Red White & Bloom Brands Inc. (CSE: RWB) reported a net loss of C$10.6 million for the second quarter of the year, which ended June 30, bringing its total losses for the calendar year to C$16.7 million. Losses have widened year-over-year from C$9.4 million in the second quarter of …
Ohio’s adult-use marijuana sales settle around $10.5 million in third week
This story was republished with permission from Crain’s Cleveland Business. Ohio dispensaries sold approximately $10.5 million in adult-use marijuana in the third week of sales between Aug. 18 through Aug. 24, according to the latest figures from the Ohio Division of Cannabis Control. That amount is about 4% less than the …