CNBC’s Tim Seymour takes ‘glass half full’ view of second quarter ...
WEBAug 14, 2024 · As another cannabis earnings season winds down, Green Market Report‘s Executive Editor Debra Borchardt spoke with CNBC market strategist Tim Seymour, who is also the founder, chief investment officer of Seymour Asset Management and is portfolio manager of the actively managed Amplify Seymour Cannabis ETF (), about the overall tone of the company reports and what the results could signal ...
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WEBSep 9, 2024 · Lykos Therapeutics CEO Amy Emerson steps down. Green Market Report - Cultivating the Industry's Financial, Business and Economic News into one source. News Briefs, analytics, Portfolios, Videos, and Reports.
Michigan's Canapa Valley Farms Closes on $17 Million Deal With …
WEBSep 13, 2024 · The award-winning breeder joined forces with Canapa Valley Farms for its hands-on approach to quality craft cannabis. Pelorus closed the loan on Oct. 27 and issued a $17,330,000 five-year term loan with a floating interest rate of one month secured overnight financing rate plus 12.5%, with a 2.5% SOFR floor. …
Sunburn Cannabis rises to the top of Florida's medical sales …
WEBJul 19, 2024 · A rising star. Founder and CEO Brady Cobb previously sold Florida-based Bluma Wellness to Cresco Labs for $213 million, but he didn’t stay out of the market for long. In 2022, he purchased 11 distressed dispensaries and a large grow facility from MedMen for $63 million. On top of the stellar per-store …
Irwin Naturals files for Chapter 11 bankruptcy - Green Market Report
WEBAug 13, 2024 · Now, the supplements company has filed for Chapter 11 bankruptcy. Green Market Report reported in July that Irwin Naturals quit making payments on the $40 million loan provided by EWB. The bank responded by suing the company and accusing CEO Klee Irwin of self-dealing and diverting funds from the company. To prevent further diversion of …
DEA acknowledges new standard for designating medical value of …
WEB2 days ago · In a move that could have ramifications both for marijuana rescheduling and psychedelics in the future, the U.S. Drug Enforcement Administration this week apparently acknowledged that the five-factor test it had used for years to determine whether a given drug had any accepted medical value is now outdated and …
Cannabis Benchmarks Wholesale Market Price Assessments
WEB4 days ago · Cannabis Benchmarks, a division of New Leaf Data Services, is a leading provider of financial, business and industry data for the north american cannabis markets, offering comprehensive and unique benchmark services for public and private organizations, and financial institutions. Visit Cannabis Benchmarks on the web.
Lowell Farms continues to struggle, with sales down across the …
WEBAug 13, 2024 · California-based Lowell Farms (CSE: LOWL) (OTCQX: LOWLF) reported a net loss of $798,000 for the second quarter of the year, an impressive trimming from $2.9 million in losses in the first quarter. Still, the financial picture was worse from a year ago, when Lowell reported a net loss of $100,000. Net …
Bank of America Merrill Lynch Initiates Coverage On Cannabis …
WEBApr 25, 2019 · It was a significant move for the financial industry and the cannabis industry when Bank of America Merrill Lynch (BAML) released a 62-page report entitled “A cannabis world… and more people are living in it.” The opening line “Cannabis has been vilified, but as governments re-assess economic, social, and medical benefits, we estimate a global […]
The future of pre-rolls: A blazing trail in cannabis - Green Market …
WEBJul 29, 2024 · The cannabis industry has witnessed numerous trends, but few have been as explosive as the rise of pre-rolls. Once a niche product, pre-rolls have surged to become the third-largest cannabis category, reshaping consumer preferences and market dynamics.. Diving deep into data from Headset, which tracks consumer transactions at retailers and dispensaries in 12 U.S. markets, gives a clearer ...
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