The Daily Hit is a recap of the top financial news stories for Thursday, August 15, 2024. On the Site New York ruling could threaten crackdown on unlicensed marijuana sales A court ruled that a convenience store in Queens would be allowed to reopen due to improper delivery of a …
New York-based biotech firm Bright Minds Biosciences Inc. (Nasdaq: DRUG) filed its fiscal third quarter earnings on Wednesday, reporting net income of C$413,843 for the period that ended June 30, a dramatic year-over-year turnaround from the C$1.4 loss for its third quarter in 2023. Losses for the fiscal year-to-date came …
iAnthus Capital Holdings, Inc. (CSE: IAN) (OTCQB: ITHUF) reported its unaudited financial results for the second quarter ending June 30, 2024. iAnthus reported revenue rose 11.1% to $43 million versus last year’s $38.7 million. It was a sequential increase of 3.5% from the first quarter. The company also delivered a …
cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) announced its financial results for our third quarter of fiscal 2024 ending June 30, 2024. Total sales fell 15% to $5.1 million from last year’s $6.4 million, but cbdMD noted that sales were up 18% sequentially. cbdMD reported a net income of …