This article has been updated. The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) is continuing its efforts to pare down operations as it sells off its Florida assets to a joint venture between privately owned multistate operators Mint Cannabis and Shango. “We are pleased to announce our definitive …
Florida-based Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF), which operates under brand name Fluent, reported positive net income of $947,000 for the second quarter of the year, breaking into the black for the first time in 2024. The Sunshine State-based multistate operator also saw revenues increase 12% year-over-year to $27.3 million. …
Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) told investors it has closed on its previously announced acquisitions in Arizona and Virginia. As recently as July 29, Verano announced it intended to buy three subsidiaries from The Cannabist Company (Cboe CA: CBST) (OTCQX: CBSTF). The deal included Arizona properties 203 …
The Daily Hit is a recap of the top financial news stories for Wednesday, August 21, 2024. On the Site Massachusetts social equity fund tops $27 million A new new round of grant funding is being planned, but no dates or details are available yet. Read more here. New York …