Cannabis operators are no as focused on having the biggest footprint in U.S. cannabis anymore; instead, they want to have the smartest. That’s the general motive for The Cannabist Company Holdings Inc. (CBST:CA) (OTCQX: CBSTF) to exit or downsize operations in three of the 14 U.S. marijuana markets where it …
As another cannabis earnings season winds down, Green Market Report‘s Executive Editor Debra Borchardt spoke with CNBC market strategist Tim Seymour, who is also the founder and chief investment officer of Seymour Asset Management, about the overall tone of the company reports and what the results could signal about the future. …
The Daily Hit is a recap of the top financial news stories for Tuesday, August 13, 2024. On the Site SNDL to acquire remaining stake in Nova Cannabis The company touted its “robust balance sheet” as key to supporting Nova’s retail arm, Value Buds. Read more here. SeedJunky drops breach …
The Daily Hit is a recap of the top financial news stories for Monday, August 12, 2024. On the Site Leadership exodus at Massachusetts Cannabis Control Commission Two directors left their posts in recent days, though no information on why or exactly when was available. Read more here. California judge …