CNBC’s Tim Seymour takes ‘glass half full’ view of second quarter ...
WEBAug 14, 2024 · As another cannabis earnings season winds down, Green Market Report‘s Executive Editor Debra Borchardt spoke with CNBC market strategist Tim Seymour, who is also the founder, chief investment officer of Seymour Asset Management and is portfolio manager of the actively managed Amplify Seymour Cannabis ETF (), about the overall tone of the company reports and what the results could signal ...
Green Market Report
WEBSep 4, 2024 · The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry.
Acreage’s year-to-date losses top $57 million after second quarter
WEBAug 14, 2024 · The company said its acquisition by Canopy Growth USA is expected to close in the first half of 2025. New York-based Acreage Holdings Inc. (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) on Wednesday reported a net loss of $24.1 million for the second quarter this year, bringing its losses for the calendar year so far to …
Verano sees Virginia as ‘highly accretive’ – with or without rec
WEBAug 8, 2024 · Since last week, Verano Holdings Corp. (OTC: VRNOF) has touted its push into new territories with acquisitions in Virginia and Arizona, a move the company hopes will offset sluggish revenue growth in its existing markets. The timing may be ideal, considering the firm is starting to face some more headwinds as of late.
Irwin Naturals files for Chapter 11 bankruptcy - Green Market Report
WEBAug 13, 2024 · Now, the supplements company has filed for Chapter 11 bankruptcy. Green Market Report reported in July that Irwin Naturals quit making payments on the $40 million loan provided by EWB. The bank responded by suing the company and accusing CEO Klee Irwin of self-dealing and diverting funds from the company. To prevent further diversion of …
The DEA marijuana rescheduling comment period is over. What's …
WEBJul 22, 2024 · Monday marks the last date on which the U.S. Drug Enforcement Administration was accepting comments from members of the public on a marijuana rescheduling proposal, which would move cannabis to Schedule III from Schedule I, and as of mid-day, the agency had already received just under 37,000 submissions from interested parties.. But what exactly happens next in the process is about as clear as ...
New York court nixes cannabis ad rules - Green Market Report
WEBApr 4, 2024 · In a setback for New York’s adult-use cannabis regulators, the Supreme Court in Albany County on Monday struck down several key marketing restrictions for licensed businesses. The case, brought by Leafly Holdings Inc. (Nasdaq: LFLY) and other petitioners, challenged regulations implemented by the New York State Office of Cannabis Management ...
Lowell Farms continues to struggle, with sales down across the …
WEBAug 13, 2024 · California-based Lowell Farms (CSE: LOWL) (OTCQX: LOWLF) reported a net loss of $798,000 for the second quarter of the year, an impressive trimming from $2.9 million in losses in the first quarter. Still, the financial picture was worse from a year ago, when Lowell reported a net loss of $100,000. Net …
The future of pre-rolls: A blazing trail in cannabis - Green Market …
WEBJul 29, 2024 · The cannabis industry has witnessed numerous trends, but few have been as explosive as the rise of pre-rolls. Once a niche product, pre-rolls have surged to become the third-largest cannabis category, reshaping consumer preferences and market dynamics.. Diving deep into data from Headset, which tracks consumer transactions at retailers and dispensaries in 12 U.S. markets, gives a clearer ...
Minnesota social equity lottery set with more than 1,800 …
WEBAug 19, 2024 · With 1,817 pre-applicants now fully greenlit to enter the social equity license lottery this fall, Minnesota has moved another step closer towards its full-fledged adult-use marijuana market, having culled the initial pool of more than 3,000.. The group of would-be cannabis business owners also includes hundreds of out-of-state players, The Minnesota Star-Tribune reported, with 56% of the ...