Toronto-based cannabis operator Shiny Health & Wellness Corp. (TSXV: SNYB) experienced a notable dip in revenue and a rise in net loss, according to its financial statements for the third quarter ending Oct. 31, 2023. The company’s revenue fell 42.7% in the three-month period, to C$4.28 million, compared to the same …
Tag: Midwest
Trulieve Closes $25 Million Financing Deal
Florida-based Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced last week that it secured a new commercial loan of $25 million at 8.31% interest for five years. Funds from the deal will be used to help the company pay for ongoing operations. The company put up one of its Florida …
Survey: Most Veterans Support Expanding Medical Cannabis Access
Seventy-nine percent of veteran respondents and 92 percent of their family members said, “Veterans Administration doctors should be legally allowed to recommend marijuana to veterans if the doctor believes the patient could benefit from [it.]” The post Survey: Most Veterans Support Expanding Medical Cannabis Access appeared first on NORML.
Tryp Therapeutics Lowers Losses in 2023; Sees New Era Post-Sale
Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF) drew a synopsis of meaningful financial and research achievements in its annual report for the fiscal year 2023 ending Aug. 31, culminating in an agreement to be acquired by Exopharm Limited, an Australian Securities Exchange-listed company. Throughout 2023, the biotechnology company, which focuses on …