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The firm said fourth-quarter revenue and adjusted EBITDA would likely remain “essentially flat” versus third-quarter levels. The post Ayr Wellness misses estimates on rising competition appeared first on Green Market Report.
Despite its ongoing struggles, iAnthus continues to push forward and keep a positive outlook. The post iAnthus sees revenue decline as the company sells off assets appeared first on Green Market Report.
The REIT said it had multiple large borrowers on nonaccrual status. The post AFC’s third-quarter profit plunges 91% as cannabis borrowers struggle appeared first on Green Market Report.
The clinical-stage biopharmaceutical company said it has enough cash to reach the milestones it laid out for 2025. The post Atai posts $26M loss, but progresses on psychedelic clinical trials appeared first on Green Market Report.
The company wants to prioritize bulk concentrate and higher-margin verticals. The post Leef Brands posts mixed third quarter results amid transition away from cannabis CPG appeared first on Green Market Report.
The company blamed the bankruptcy filing on “bitter activist litigation.” The post Blüm Holdings reports $3M loss in Q3 as subsidiary Unrivaled declares bankruptcy appeared first on Green Market Report.
High Tide, a Calgary, Alberta-based cannabis retail chain, drew the final 5 million Canadian dollars ($3.6 million) of a CA$15 million debt facility. Canadian cannabis retailer High Tide completes CA$15 million debt draw is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
A trade group representing small cannabis farmers in New York are suing state regulators for establishing a commercial program and rollout they allege set them up for failure. Struggling, small cannabis farmers file lawsuit against New York regulators is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
The Green Lady Dispensary is the first cannabis retailer on Nantucket, Massachusetts, to receive a marijuana shipment by water after a legal victory that allowed MJ products to be transported to the island. Green Lady Dispensary receives first water shipment of marijuana to Nantucket, Massachusetts is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for […]
In this episode I speak with Paula Savchenko the founding Partner of Cannacore Group and PS Law Group. We get a chance to discuss the work she’s doing in the US Virgin Islands as previously dormant medical license offerings eventually come to life ( and recreational too). Learn what licenses are available and the rules […]