Retailer High Tide reports break-even net income, record cannabis sales
Canadian cannabis retailer High Tide reported break-even net income and positive free cash flow in its financial results for the first quarter of fiscal 2024.
Medical and adult use cannabis store news and trends, design, marketing, software, delivery
Canadian cannabis retailer High Tide reported break-even net income and positive free cash flow in its financial results for the first quarter of fiscal 2024.
Wyoming Gov. Mark Gordon recently signed into law Senate File 32, which ban the sale of hemp-derived THC products.
Canadian Finance Minister Chrystia Freeland was warned last fall about systemic “financial distress” facing the country’s cannabis producers, including skyrocketing tax debt and widespread insolvencies.
Planet 13 Holdings has recovered $3.4 million from its case against an investment firm that the marijuana multistate operator alleges “embezzled money from the company’s accounts,” co-CEO Robert Groesbeck told investors.
Florida-based marijuana multistate operator Trulieve Cannabis has filed a lawsuit against a former chief financial officer for misappropriating hundreds of thousands of dollars tied to personal expenses.
Thrive Cannabis Marketplace recently opened the first state-licensed lounge adjacent to its store just off the Las Vegas Strip, and nearly 20 other consumption businesses are putting the finishing touches on their venues.
Cannabis retailers in Minnesota selling product before the state officially launches legal adult-use marijuana sales risk getting a $1 million fine and jeopardizing their chances of getting MJ business licenses when they become available later.