Tag: The Daily Hit
StaffNovember 23, 2022
The Daily Hit is a recap of cannabis business news for Nov. 23, 2022. Statehouse In the wee hours of the morning StateHouse Holdings Inc. (CSE: STHZ) (OTCQX: STHZF) released its financial results for the third quarter ending September 30, 2022, and provided additional business updates. Statehouse reported that its revenues increased 77% to $30.8 million versus last year’s […]
StaffJune 6, 2022It’s time for your Daily Hit of cannabis financial news for June 6, 2022. On the Site Blair Wellness Maryland cannabis dispensary company Blair Wellness Center is firing back at a disgruntled worker’s allegations according to a report on Law360. The court document filed on 6/2/2022 in the United States District Court in the District […]
StaffJune 2, 2022
The Daily Hit is a recap of the top cannabis business stories for June 2, 2022. ON THE SITE Bright Green Former CEO Claims Valuation Fraud The back story of the cannabis concept stock Bright Green (NASDAQ: BGXX) involves a burned-down building, a years-long battle with the state of New Mexico, a bankruptcy case, and […]
StaffJune 1, 2022The Daily Hit is a recap of the top cannabis business stories for June 1, 2022. ON THE SITE Wesana Said Could Sell Assets, Focus on Studies Wesana Health Holdings Inc. (CSE: WESA; OTCQB: WSNAF) announced its first-quarter 2022 financial results with no revenues to report. Wesana had a net loss of $4.8 million in […]
StaffMay 26, 2022The Daily Hit is a recap of the top cannabis business stories for May 26, 2022. ON THE SITE Cannabis Executives Go On Stock Buying Spree As the cannabis industry matures, certain patterns are beginning to be established not unlike other retail industries. The one that just occurred is the first-quarter dip in sales. As […]
StaffMay 23, 2022The Daily Hit is a recap of the top cannabis business stories for May 23, 2022. ON THE SITE Live Blog from WEF 2022 in Davos Switzerland Green Market Report editor-in-chief Debra Borchardt blogs live from the Medical Psychedelics Series, at the World Economic Forum being held in Davos Switzerland. Read more here. Medical Psychedelics […]
StaffMay 19, 2022The Daily Hit is a recap of the top cannabis business stories for May 19, 2022. ON THE SITE Harborside Owns Urbn Leaf Seaside Store Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) now fully owns the Seaside, California store also known as Urbn Leaf. Harborside had initially purchased a 50% ownership in the dispensary, but with the new transaction, it will […]
StaffMay 18, 2022The Daily Hit is a recap of the top cannabis business stories for May 18, 2022. ON THE SITE Canopy Growth Acquires Jetty Extracts for $69 Million Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) is buying Lemurian, Inc. better known as Jetty Extracts, a California-based producer of high-quality cannabis extracts and pioneer of clean vape […]
StaffMay 12, 2022The Daily Hit is a recap of the top cannabis business stories for May 12, 2022. ON THE SITE Trulieve Cannabis Corp. on Track to do a Billion Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced its results for the first quarter ending March 31, 2022, with revenue increasing 64% year over year to $318.3 […]
Get the latest cannabis news delivered right to your inbox
Unpack the industry with the daily cannabis newsletter for business leaders.