Adam JacksonFebruary 9, 2023
The OTC asked the company to clarify if it had engaged in "pump-and-dump" schemes.
Tag: OTC
Adam JacksonFebruary 9, 2023
StaffOctober 4, 2022
The Daily Hit is a recap of cannabis business news for October 4, 2022. ON THE SITE Cantor Gives Irwin Naturals a $7 Target Price Cantor Fitzgerald analyst Pablo Zuanic initiated coverage on supplement company Irwin Naturals Inc. (OTC: IWINF) with an overweight rating and a $7 price target. The stock currently trades at roughly […]
Debra BorchardtOctober 31, 2019
The OTC Markets Group and the Canadian Securities Exchange held an Investor Day in New York City on October 30. The event featured presentations from Trulieve Cannabis Corporation (OTCQX: TCNNF; CSE: TRUL), Flower One Holdings Inc. (OTCQX: FLOOF; CSE: FONE), Ayr Strategies Inc. (OTCQX: AYRSF; CSE: AYR.A), TerrAscend Corp. (OTCQX: TRSSF; CSE: TER), Planet 13 […]
William SumnerMay 1, 2019
It’s time for your Daily Hit of cannabis financial news for May 1, 2019. On The Site Curaleaf Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) is going to acquire Cura Partners, Inc. the owners of the Oregon-based Select brand, in an all-stock deal valued at C$1.27 billion or $948.8 million. The company said that the […]
William SumnerApril 29, 2019It’s time for your Daily Hit of cannabis financial news for April 29, 2019 On The Site Aleafia Health Aleafia Health Inc. (TSX: ALEF) (OTC: ALEAF) reported that its 2018 total revenue was $3.3 million versus zero in 2017. The pro-forma combined Aleafia Health and Emblem revenues in 2018 were $11.3 million an increase of […]
William SumnerApril 24, 2019It’s time for your Daily Hit of cannabis financial news for April 24, 2019. On The Site Cresco Labs Chicago-based Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) released its unaudited financial results for the fourth quarter and full year ending December 31, 2018. The fourth quarter revenue was $17.0 million, an increase of 411% over […]
William SumnerApril 18, 2019It’s time for your Daily Hit of cannabis financial news for April 18, 2019. On The Site Acreage Holdings Acreage Holdings, Inc. (CSE: ACRG.U) (OTC: ACRGF) (FSE: 0ZV) announced that on April 17, its subsidiary, High Street Capital Partners agreed to acquire Nevada-based Deep Roots Medical in a deal valued at $120 million. The cash […]
William SumnerApril 4, 2019It’s time for your Daily Hit of cannabis financial news for April 4, 2019. On the Site Merida Capital Cannabis private equity fund Merida Capital Partners has launched its third fund for $200 million, which will focus on concentrated, high conviction investments in leading companies in the cannabis ecosystem. The company said that since launching its […]
William SumnerOctober 26, 2018It’s time for your Daily Hit of cannabis financial news for October 25, 2018. On the Site MedMen Enterprises MedMen Enterprises (MMNFF) reported fourth quarter revenues of $20.6 million, an increase of 1,317% over last year’s $1.5 million and a 44% sequential increase over the third quarter revenue of $14.3 million. The jump was attributed […]
William SumnerMay 22, 2018
Leafbuyer Technologies (LBUY) is in hot water after the OTC Markets Group, Inc. flagged the company for heavy stock promotion. In an announcement made after the close of the markets, Leafbuyer disclosed that OTC Markets had questioned the company about a recent distributed newsletter and e-mail promoting the company. Since February of this year, Leafbuyer […]
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