Minnesota culls social equity applications in advance of December ...
2024年11月19日 · Minnesota cannabis regulators disqualified about two-thirds of the roughly 1,800 applicants for social equity business licenses, meaning the permit lottery scheduled for the week of Dec. 2 will be reserved for 640 hopefuls.. Applicants who were winnowed out either failed to complete the entire application process or didn’t meet eligibility criteria, MinnPost reported.
Judge gives initial OK to $8M Aurora Cannabis class-action …
2024年10月16日 · A federal judge granted preliminary approval to an $8.05 million settlement between Aurora Cannabis Inc. (NASDAQ: ACB) and investors who accused the company of misleading them through an boomerang deal to inflate its revenue, Law360 reported.. U.S. Magistrate Judge James B. Clark III gave the initial nod to the proposed settlement on Oct. 10, …
The Daily Hit: December 2, 2024 - greenmarketreport.com
2024年12月2日 · 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.
LeafLink projects cannabis market to reach $55 billion by 2030
6 天之前 · Despite the headaches that many in the cannabis industry have endured, wholesale platform company LeafLink mined its data to determine that by 2030, the U.S. cannabis market is projected to reach around $55 billion. That would put the growth at an annual rate of 11%.
Cannabis retailers face squeeze as Green Wednesday discounts …
2024年11月22日 · Green Wednesday and its expected sales spike is just a week away. However, data suggests the cannabis industry’s Black Friday equivalent may be more about timing shifts than actual sales growth, with deeper discounts eating into profits.
Curaleaf loses another $44 million, despite more than $1B in …
2024年11月6日 · Connecticut-based Curaleaf Holdings, Inc. (CURA: CA) (OTCQX: CURLF) on Wednesday posted a net loss of $44 million for the third quarter of 2024, bringing its total losses for the year to $144 million despite more than $1 billion in revenue as of Sept. 30. Curaleaf’s stock took a major hit on the day losing 29% of its value as investors who had hoped for good news …
New York cannabis report reveals latest license numbers, sales stats
2024年10月3日 · A new report filed with the New York legislature by state cannabis regulators on Oct. 1 paints a picture of a continually growing legal market that has reached nearly $654 million in sales, but which has also apparently left more than 200 “justice-involved” retail license holders in limbo.. The wide-ranging report, authored by the Office of Cannabis Management and the …
Massachusetts cannabis regulators approve new industry rules
2024年10月30日 · On Wednesday, the Massachusetts Cannabis Control Commission gave unanimous approval to a new set of marijuana industry rules aimed at further expanding the trade across the state.. Specifically, the new rules touch on protocols for home marijuana delivery, product transportation for testing purposes, expanding microbusiness and craft cooperatives, …
Auction marks end of beleaguered Michigan marijuana company's …
2024年10月21日 · This story was republished with permission from Crain’s Detroit. The remaining assets — ovens, centrifuges, laptops, lighting and a candy production line — of the state’s once-largest marijuana growing operation are up for auction.
Massachusetts regulators fine Ascend Wellness, Curaleaf for …
2024年10月10日 · Massachusetts cannabis regulators issued fines on Thursday to two of the state’s biggest marijuana companies – Ascend Wellness Holdings Inc. (CSE: AAWH-U.CN) (OTCQX: AAWH) and Curaleaf Holdings Inc. (CURA:CA) (TSX: CURA) (OTCQX: CURLF) – for a total of $165,000 over allegations that both companies were negligent when it came to …