Stocks & Publicly Traded Cannabis Companies
Marijuana multistate operator Verano Holdings said it must restate five quarterly financial statements dating back to March 31, 2021, and that all of its disclosures and investor presentations since then “should therefore no longer be relied upon.”
StateHouse Holdings, formerly known as Harborside, agreed to a payment plan with the IRS to settle a $22 million federal tax bill.
Canadian cannabis and alcohol company Tilray Brands posted a $457.8 million net loss for its fourth quarter and a $434 million net loss for its 2022 fiscal year.
Choice Consolidation Corp. is winding up its business and backing away from any marijuana industry acquisitions, the industry special purpose acquisition corporation (SPAC).
Canadian marijuana retail chain Nova Cannabis announced an at-the-market share offering to issue as much as 20 million Canadian dollars ($15.5 million) worth of shares over time.
Agriculture biotechnology firm 22nd Century Group has announced a registered direct offering of shares to raise expected gross proceeds of $35 million.
Canadian adult-use cannabis retail giant High Tide announced a bought-deal public offering worth 10 million Canadian dollars ($7.7 million) as it waits for a pending non-dilutive financing deal to close.
