Even top multi-state operators (MSOs) are feeling the impact of the demand and supply capital imbalance faced by the cannabis industry, says Cantor Fitzgerald's Pablo Zuanic who noted that refinancings are being undertaken at higher than normal costs.
January 5, 7:48 PM
Federal prohibition makes it difficult for a cannabis business to operate fair and square. Not only is it depriving them from access to the financial system, but it also denies them the right to any U.S. federal income tax deduction for ordinary and necessary business expenses, despite being recognized as a legal business on the state level.
Curaleaf Violated Labor Law By Refusing To Bargain With Union, NLRB Rules, After String Of Unfortunate Events
December 8, 12:54 PM
The National Labor Relations Board ruled on November 6th that Curaleaf Holdings Inc. (OTCQX: CURLF) (CSE: CURA) violated US labor law by refusing to bargain with unionized workers at its Chicago location, reported
December 7, 5:35 PM
Despite the rising cost of living, U.S. cannabis users are consuming either the same amount of weed or even more than a year ago.
November 23, 11:29 AM
Jushi Holdings Inc. (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator released preliminary financial results for the third quarter of 2022, with revenue of $72.8 million, up by 34.9% year-over-year, and flat sequentially.
November 14, 10:50 AM
Jushi Expands Retail Footprint In Pennsylvania Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) has opened its relocated Beyond Hello Westside dispensary in Pennsylvania through its subsidiary, Pennsylvania Dispensary Solutions.
October 27, 6:00 AM
Multi-state cannabis operator, Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) debuted its newly formulated vegan and gluten-free Tasteology Fruit Chews in Massachusetts, and expects to roll out the new product line in Virginia, Ohio and Nevada in Q1 2023.
October 22, 11:28 AM
Illinois is one of the most prominent cannabis markets in the U.S. In 2022, recreational marijuana sales crossed the $1 billion mark.