Debra BorchardtJuly 7, 2023
Cronos stated that it has received a number of unsolicited indications of interest.
Tag: Cronos Group
Debra BorchardtJuly 7, 2023
StaffMay 31, 2023
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 […]
John SchroyerMay 31, 2023
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 Canadian marijuana market until cannabis is federally legalized in the U.S. The company will finish winding down its U.S. presence by the end of the […]
StaffMay 9, 2023The Daily Hit is a recap of the top financial news stories for May 9, 2023. On the Site New Jersey Governor Signs 280E Cannabis Tax Law New Jersey Gov. Phil Murphy signed a law on Monday to end the state’s unfair tax treatment of cannabis businesses. The legislation, written by the New Jersey Society of CPAs Cannabis […]
StaffFebruary 28, 2023The Daily Hit is a recap of the top financial news stories for February 28, 2023. On the Site Green Thumb Industries Loses $51 Million in Q4 Despite Revenue Increase Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) hit $1 billion in revenue for 2022, including a 6% uptick in the fourth quarter to the […]
Adam JacksonFebruary 28, 2023
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) posted earnings results on Tuesday that show the company trimming losses as it tries to profit in a crowded Canadian market suffering from a downward slide in prices. The fourth quarter and full-year financials were for the period ending Dec. 31, 2022. Cronos posted net revenue of $22.9 […]
Debra BorchardtNovember 7, 2022Pivot away from U.S. stings in sales.
Video StaffOctober 28, 2022
Green Market Report is launching a new morning newsletter called the Morning Rise. Subscribe to it now if you haven’t already. It will be original content first thing in the morning and not just an aggregation of headlines. So, get ready to wake and partake of the Morning Rise. This week Canopy Growth (NASDAQ: CGC) […]
StaffOctober 25, 2022
The Daily Hit is a recap of cannabis business news for Oct. 25, 2022. ON THE SITE Canopy Growth Forms New Holding Company to Speed US Entry Canadian cannabis producer Canopy Growth Corp. (TSX: WEED) (NASDAQ: CGC) has agreed to absorb a trio of companies within its newly formed holdings entity, Canopy USA. Under the deals, which […]
Debra BorchardtOctober 25, 2022Chief Commercial Officers charged with aiding and abetting.
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