Marijuana MSO MariMed reports revenue growth to $148.6 million, net loss in 2023
Massachusetts-based marijuana multistate operator MariMed reported a record year for revenue growth and a net loss in its full-year and fourth-quarter earnings report.
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Massachusetts-based marijuana multistate operator MariMed reported a record year for revenue growth and a net loss in its full-year and fourth-quarter earnings report.
The Australian Securities Exchange halted trading of Cann Group Limited’s shares after the company’s auditor flagged concerns over financing and the cannabis producer’s first-half operating loss.
Major marijuana multistate operator Curaleaf Holdings posted $345.3 million in net revenue for the fourth quarter of 2023, an increase of 1.5% over the same quarter the year before and 3.6% over the third quarter.
Marijuana multistate operator Planet 13 Holdings has priced a public offering to raise gross proceeds of at least $11.3 million.
The lower house of Parliament in the Netherlands rejected the addition of Amsterdam to the country’s cannabis cultivation and distribution experiment, meaning the number of cities set to take part when the pilot fully launches this summer will remain at 10.
Two buyers placed winning auction bids of more than $1.4 million to acquire certain assets from California marijuana distributor Herbl.
A Republican lawmaker in Kentucky has introduced a bill to widely expand qualifying conditions for medical cannabis patients as the state preps to launch an MMJ program next year.