Tag: Investing
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Avicanna caps record year of sales as it swims out of the red
Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) posted fourth-quarter revenue of $6.6 million for the period ending Dec. 31, 2024, wrapping up a year of some stability in the Canadian biopharmaceutical company’s commercial ventures. Still, it posted a fourth-quarter net loss of $440,094, a significant improvement versus the $2.4 million loss …
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U.S. Cannabis Roundtable ‘optimistic’ that rescheduling still on the table
At least one of the major national marijuana trade organizations says it’s still hopeful that federal cannabis rescheduling will be completed under the new administration of President Donald Trump, but a spokesman said the timeline is completely up in the air for now, given the breadth of other political priorities …
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Michigan’s marijuana price collapse slows as sales rebound
This article is reprinted with permission from Crain’s Detroit Business. Michigan marijuana prices stabilized in March as sales recovered from a three-month slide. The average price for an ounce of adult-use marijuana flower dropped only a tenth of a percent in the month to $65.14, the smallest slide since 2020. …