Cannabis prices across the U.S. vary greatly depending on the state. Oregon, for example, features the cheapest over-the-counter legal marijuana for customers to purchase, at an average price of just $199, according to a new report compiled by California-based Pacific Stone. The Pacific Stone team found, based on 383,000 “user-submitted …
Tag: Southwest
Glass House Brands weighs hemp entrance
One of the biggest names in California marijuana cultivation, Glass House Brands Inc. (CBOE CA: GLAS.A.U) (OTCQX: GLASF), is actively considering getting into the hemp sector, company leadership revealed during its second quarter earnings call last Tuesday. The temptation is understandable: Glass House has several sizable greenhouses that aren’t being …
The Daily Hit: August 15, 2024
The Daily Hit is a recap of the top financial news stories for Thursday, August 15, 2024. On the Site New York ruling could threaten crackdown on unlicensed marijuana sales A court ruled that a convenience store in Queens would be allowed to reopen due to improper delivery of a …
iAnthus cuts losses amid rising revenues
iAnthus Capital Holdings, Inc. (CSE: IAN) (OTCQB: ITHUF) reported its unaudited financial results for the second quarter ending June 30, 2024. iAnthus reported revenue rose 11.1% to $43 million versus last year’s $38.7 million. It was a sequential increase of 3.5% from the first quarter. The company also delivered a …