Dixie Brands Inc. (CSE: DIXI.U) (OTCQX: DXBRF) said that it closed out 2019 in the Michigan market on a high. The cannabis brand company entered the Michigan cannabis market through a packaging and supply agreement with Choice Labs in February of 2019. It helped Dixie grow its sales by 108% and increased dispensary penetration by […]
It’s time for your Daily Hit of cannabis financial news for November 27, 2019. On The Site Green Wednesday While most people are starting to do Thanksgiving cooking on the Wednesday before, cannabis industry professionals prepare for one of the biggest sales days of the year. It’s known as Green Wednesday. Consumers stock up on […]
This interview was recorded on June 25, 2019, at the MJ Link Micro Investor conference in New York. Debra Borchardt, Editor-in-Chief, Green Market Report: Dixie Brands Inc. (OTCPK:DXBRF) just got approved for Oklahoma, its sixth state. Joining me now is the CEO, Chuck Smith. So, very exciting, Oklahoma, your number six state and a pretty […]
Although adult-use cannabis is legal in nine U.S. states, problems persist with companies trying to gain access to capital and essential financial services. Consequently, the industry has devised a series of methods and institutions to circumvent these difficulties; from credit unions to keeping their funds in a giant safe. Another unique way that the cannabis […]
It’s time for your Daily Hit of cannabis financial news for May 1, 2019. On The Site Curaleaf Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) is going to acquire Cura Partners, Inc. the owners of the Oregon-based Select brand, in an all-stock deal valued at C$1.27 billion or $948.8 million. The company said that the […]
Dixie Brands Inc. (CSE: DIXI.U) announced its financial results for the three-month and year-to-date periods ending September 30, 2018. Revenue was $2,435,000 in the third quarter of 2018, an increase of 110% over last year’s $1,162,000 for the same time period. However, Dixie delivered a net loss of $2,404,000 for the quarter versus $630,000 for the […]
MedMen had a busy week. The company acquired a Scottsdale Arizona cannabis company Monarch including the dispensary and cultivation operation. It comes with all the licenses and some exclusive brand agreements. MedMen also acquired Chicago-based dispensary Seven Point this week and announced that it closed on a $73 million loan facility, which immediately got bumped […]
Dixie Brands, one of the earliest big brands in cannabis is losing its chief executive officer. Co-founder Tripp Keber is resigning in order to take a new position that partners Dixie with Rose Capital based in Miami, Florida. The fund plans on expanding in 2018 and will assemble a portfolio of infused product companies. Keber told Marijuana […]
The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis