John SchroyerMay 30, 2023
Many companies dealt with significant one-time writedowns in 2022.
Tag: MariMed
John SchroyerMay 30, 2023
StaffMay 8, 2023
The Daily Hit is a recap of the top financial news stories for May 8, 2023. On the Site Trademark Appeals Board Rules Against Cannabis Company in Trademark Case In a first-of-its-kind decision, the Trademark Trial and Appeal Board has upheld the Controlled Substances Act in a cannabis trademark case. The unanimous board ruled against […]
John SchroyerMay 8, 2023
The company recently added additional stores in Massachusetts.
StaffMarch 1, 2023The Daily Hit is a recap of the top financial news stories for March 1, 2023. On the Site Cowen Will No Longer Cover the Cannabis Sector Cowen Group was one of the first major financial institutions to cover the cannabis industry on the equity research side, but on Wednesday, TD Bank Group (TSX: TD) […]
StaffMarch 1, 2023The company plans "significant" increases to headcount in 2023.
StaffFebruary 21, 2023The Daily Hit is a recap of the top financial news stories for February 21, 2023. On the Site OCM Claims Variscite Application Score Too Low for a License New York’s Office of Cannabis Management took another swing at the case filed by Variscite NY, which has stalled the adult-use licensing program in three state […]
Debra BorchardtFebruary 21, 2023
MariMed MariMed, Inc. (CSE: MRMD) (OTCQX: MRMD) announced it is buying the operating assets of troubled medical dispensary Ermont, Inc. located in Quincy, MA. Ermont is presently in receivership with a court-appointed receiver Opus Consulting Partners LLC. Opus and MariMed negotiated this transaction with court approval. Boston Business Journal reported in June 2021 that Ermont […]
StaffJanuary 25, 2023The Daily Hit is a recap of the top financial news stories for January 25, 2023. On the Site New York Approves 30 More Cannabis Retailers The New York Cannabis Control Board nearly doubled the number of licensed retailers to date during its Wednesday meeting with the approval of 30 new licenses. That brings the […]
Adam JacksonJanuary 25, 2023The company said it has already borrowed $30 million at close.
StaffDecember 12, 2022The Daily Hit is a recap of cannabis business news for Dec. 12, 2022. ON THE SITE Experts Predict New York Cannabis Taxes Will Undercut Legal Market Prices of legal recreational cannabis across New York will likely be at least twice as much as marijuana sold by unlicensed dealers and smoke shops, which will lead […]
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