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 …
Tag: Northwest
CNBC’s Tim Seymour takes ‘glass half full’ view of second quarter cannabis earnings
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: August 1, 2024
The Daily Hit is a recap of the top financial news stories for Thursday, August 1, 2024. On the Site Missouri governor bans sale of hemp-derived intoxicants State officials cited a 600% increase in cannabis poisoning cases among children under 5 since 2018 as a key factor. Read more here. …
Carmelo Anthony’s cannabis crossover is blazing new trails in Oregon
Carmelo Anthony’s latest assist isn’t happening on the hardwood. Aside from podcasting and appearance duties, the NBA legend’s been dishing dimes in West Coast grow rooms these days, where he’s quietly lurked behind the scenes for some time – and he’s got an all-star team backing him up. His new …