One of the few profitable multistate operators in the U.S. cannabis trade, Chicago-based Green Thumb Industries (CSE: GTII) (OTCQX: GTBIF), is “frustrated” but undaunted by this year’s election results, including the failure of recreational marijuana in Florida. “Now that the election is over, the good news for us is that …
Nevada-based Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) this week reported a net loss of $7.4 million for the third quarter, down significantly from the $46.3 million loss during the same quarter a year ago. The company reported revenue of $32.2 million, up year-over-year by almost 30% from $24.8 …
Auxly Cannabis Group (TSX: XLY) (OTCQB: CBWTF) hit record quarterly sales and strengthened its position in the Canadian market, even as liquidity concerns continue to shadow the producer. Net revenue jumped 18% to C$33.3 million in the third quarter ending Sept. 30, the Toronto-based company said Friday. Auxly netted income …
Chicago Atlantic BDC, Inc. (NASDAQ: LIEN), formerly Silver Spike Investment Corp. announced its financial results for the third quarter that ended September 30, 2024. Chicago Atlantic BDC reported a total investment income of $3.2 million. This was an improvement over last year’s $2.9 million. The company’s total expenses were $3.2 …