Tag: Cansortium

StaffDecember 4, 2023
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BusinessDaily Hit

The Daily Hit: December 4, 2023

4min00
The Daily Hit is a recap of the top financial news stories for Dec. 1, 2023. On the Site 2023 Farm Bill Primer Addresses Proposed Amendments Last week the Congressional Research Service issued a report on the 2023 Farm Bill which focused on hemp industry issues. The primer, written by Renee Johnson, a specialist in […]
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StaffNovember 29, 2023
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BusinessDaily Hit

The Daily Hit: November 29, 2023

5min00
The Daily Hit is a recap of the top financial news stories for Nov. 29, 2023. On the Site New York’s Adult-Use Market Set to Move Forward on Hundreds of Licenses Hundreds of licensees will be allowed to move forward with opening adult-use cannabis stores in New York following the settlement of a pair of […]
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StaffMay 31, 2023
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BusinessDaily Hit

Daily Hit: May 31, 2023

5min00
The Daily Hit is a recap of the top financial news stories for May 31, 2023. On The Site Cronos Exiting U.S. Hemp CBD Market Toronto-based global cannabis company Cronos Group Inc. (Nasdaq: CRON) (TSX: CRON) on Wednesday announced its departure from the United States hemp CBD industry, saying it plans to refocus on the […]
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StaffMay 1, 2023
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BusinessDaily Hit

Daily Hit: May 1, 2023

4min00
The Daily Hit is a recap of the top financial news stories for May 1, 2023. On the Site Oregon Audit Forces State Official to Resign Cannabis Consultancy Oregon’s secretary of state on Monday cut ties with a marijuana business she’d been consulting with after the business arrangement came to light following a state audit […]
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Debra BorchardtMay 1, 2023
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BusinessPublic

Cansortium Revenue Jumps In Fourth Quarter

4min00
Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) announced financial results for the fourth quarter and full year ended December 31, 2022. In the fourth quarter, revenue jumped by 28% to $23.5 million and Florida’s revenue increased by 26% to $19.4 million compared to $15.4 million. The net loss for Cansortium in the quarter was $$9.6 million versus a net income […]
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StaffNovember 30, 2022
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BusinessDaily Hit

The Daily Hit: November 30, 2022

4min00
The Daily Hit is a recap of cannabis business news for Nov. 30, 2022. ON THE SITE International Cannabis Reform Ramps Up in Europe, South America Global cannabis reform is gaining momentum. What started as a ripple in three countries has become a global policy movement. While many countries, primarily in Africa and Asia, continue […]
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