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The Daily Hit: November 7, 2024
The Daily Hit is a recap of the top financial news stories for Thursday, November 7, 2024. On the Site Illinois government blamed for failing social equity cannabis businesses in new lawsuit The lawsuit claims that Gov. Pritzker’s administration implemented “discretionary policies” that led to their troubles. Read more here. …
Green Thumb revenue grows even as same-store sales fall
Chicago-based Green Thumb Industries Inc. (OTC: GTBIF) said Thursday its third-quarter revenue rose 4.2% as the company expanded its retail footprint, even though same-store sales declined. The multistate operator posted net income of $8.6 million for the quarter ended Sept. 30, versus $10.5 million in the same period a year …
Why Florida’s Marijuana Legalization Ballot Initiative Failed Despite Trump Endorsement …
Despite historic levels of funding, a rigorous advertising campaign and an endorsement from former President Donald Trump—along with clear …