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Cannabis retailer High Tide completes CA$15 million debt draw

ByPot Shop News

November 13, 2024

High Tide, a Calgary, Alberta-based cannabis retail chain, drew the final 5 million Canadian dollars of a CA$15 million debt facility. High Tide, a Calgary, Alberta-based cannabis retail chain, drew the final 5 million Canadian dollars of a CA$15 million debt facility. Read More

Author: Pot Shop News

ByPot Shop News

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Wells weighs allowing recreational-use marijuana stores amid opposition
by Shawn P. Sullivan on November 13, 2024
A medical marijuana dispensary in Wells, Maine, is hoping the town can amend its ordinances to allow adult-use cannabis sales.
Kentucky voters in 50 counties approve sale of medical marijuana
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Voters in some Kentucky towns and counties decided if medical cannabis will be allowed in their local areas on Tuesday.
Missouri counties can't stack their own marijuana sales tax on top of a city's, appeals court rules
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The Missouri Court of Appeals Eastern District determined that counties don't have authority as a local government to impose an additional sales tax on recreational marijuana. In one case, cannabis customers paid a total sales tax of nearly 21%.
South Dakota’s first medical marijuana dispensary closing in early December
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Both Unity Rd. medical cannabis dispensary and The Hartford Connection smoke shop in Hartford will be closing on Dec. 7.
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The ballot measure's defeat could strengthen the industry as it struggles to compete with hemp-based products sold at gas stations, CBD shops and online at a fraction of the cost.
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A new proposal drops plans to relist the plant as a narcotic - but upholds that weed should be restricted to medical uses.
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If you're looking for Mary Jane, here she is.
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Blüm Holdings reports $3M loss in Q3 as subsidiary Unrivaled declares bankruptcy
by John Schroyer on November 13, 2024 at 6:30 pm
The company blamed the bankruptcy filing on "bitter activist litigation." The post Blüm Holdings reports $3M loss in Q3 as subsidiary Unrivaled declares bankruptcy appeared first on Green Market Report.
Leef Brands posts mixed third quarter results amid transition away from cannabis CPG
by Adam Jackson on November 13, 2024 at 5:59 pm
The company wants to prioritize bulk concentrate and higher-margin verticals. The post Leef Brands posts mixed third quarter results amid transition away from cannabis CPG appeared first on Green Market Report.
Atai posts $26M loss, but progresses on psychedelic clinical trials
by John Schroyer on November 13, 2024 at 5:36 pm
The clinical-stage biopharmaceutical company said it has enough cash to reach the milestones it laid out for 2025. The post Atai posts $26M loss, but progresses on psychedelic clinical trials appeared first on Green Market Report.
AFC’s third-quarter profit plunges 91% as cannabis borrowers struggle
by Adam Jackson on November 13, 2024 at 3:43 pm
The REIT said it had multiple large borrowers on nonaccrual status. The post AFC’s third-quarter profit plunges 91% as cannabis borrowers struggle appeared first on Green Market Report.
iAnthus sees revenue decline as the company sells off assets
by Debra Borchardt on November 13, 2024 at 1:47 pm
Despite its ongoing struggles, iAnthus continues to push forward and keep a positive outlook. The post iAnthus sees revenue decline as the company sells off assets appeared first on Green Market Report.
Ayr Wellness misses estimates on rising competition
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California cannabis tax rate set to increase – again
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GrowGeneration sees more losses amid restructuring in third quarter
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The company closed 19 retail stores so far this year, including a dozen in the latest quarter. The post GrowGeneration sees more losses amid restructuring in third quarter appeared first on Green Market Report.
Safe Harbor Financial posts profit on lower costs, higher loan income
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by Kevin Huhn on November 14, 2024
Spain’s long-awaited legislation to launch a medical cannabis market has been slammed by pharmacists, patient advocacy groups and businesses.
Veteran-Owned Cannabis Dispensary And Lounge Opens In Jersey City Heights
by Caren Lissner on November 14, 2024
It's a minority-owned, veteran owned business, said the Jersey City owner of The Other Side cannabis dispensary and lounge, at the opening.
IM Cannabis Q3 Revenue Jumps 12%, German Sales Surge 66% Amid Cost Reductions
by StockTitan_net on November 14, 2024
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New Mexico County Officials Advance Plan To Stop Punishing Off-Duty Marijuana Use By Government Workers
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by Sadie Buggle on November 14, 2024
A live TV news station covering breaking news and traffic for Colorado Springs, Pueblo, and Southern Colorado with a strong investigative team
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NEUMÜNSTER, Germany, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Tilray Medical, a division of Tilray Brands, Inc. ("Tilray Brands") (NASDAQ: TLRY and TSX: TLRY) and a global leader in medical cannabis, empowering the therapeutic alliance between patients and healthcare practitioners to make informed individualized health decisions, today announced the launch of its first commercial German grown medical cannabis flowers from its Aphria RX GmbH (“Aphria RX”) facility. This launch marks the first medical ca

Cannabis retailer High Tide completes CA$15 million debt draw

ByPot Shop News

Author: Pot Shop News

ByPot Shop News

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Pueblo cannabis company to pay $225,000 fine after misrepresenting its hemp products

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Pueblo cannabis company to pay $225,000 fine after misrepresenting its hemp products

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