Connecticut-based Curaleaf Holdings, Inc. (CURA: CA) (OTCQX: CURLF) on Wednesday posted a net loss of $44 million for the third quarter of 2024, bringing its total losses for the year to $144 million despite more than $1 billion in revenue as of Sept. 30. Curaleaf’s stock took a major hit …
Florida voters rejected recreational marijuana legalization Tuesday night, dealing a huge blow to the industry and those that had bet heavily on opening up what could have been the nation’s third-largest market. The ballot measure had 55.7% approval with 91% of votes counted, according to the Associated Press, falling short …
As Election Day kicks off, Florida will soon know whether it’ll stand up a fully fledged recreational cannabis program next year. And Trulieve Cannabis Corp. (OTC: TCNNF) has been a driving force behind the Yes on 3 campaign, pouring millions into the effort. If the measure passes, CEO Kim Rivers …
Fluent, a subsidiary of Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF), has grand plans for expansion, but the potential for adult-use legalization in Florida isn’t the key driver, according to CEO Robert Beasley. The Tampa-based cannabis company, with is currently the sixth-largest operator in the state by milligrams of THC sold, …