John SchroyerJune 9, 2023
Dozens of complaints have been filed with the NLRB against cannabis companies.
Tag: TerrAscend
John SchroyerJune 9, 2023
StaffMay 30, 2023
The Daily Hit is a recap of the top financial news stories for May 30, 2023. On The Site Two Dozen Publicly Traded U.S. Cannabis Companies Lost $4 Billion Last Year Two dozen of the top plant-touching publicly traded marijuana companies in the United States posted a cumulative financial loss of more than $4 billion […]
John SchroyerMay 30, 2023
Many companies dealt with significant one-time writedowns in 2022.
StaffMay 11, 2023The Daily Hit is a recap of the top financial news stories for May 11, 2023. On the Site Cannabis Industry Reacts to Senate Banking Committee Taking Up SAFE The latest iteration of the Secure and Fair Enforcement (SAFE) Banking Act, a bill aimed at resolving financial challenges faced by the marijuana industry, took center […]
John SchroyerMay 11, 2023
TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) continued to post hefty losses to its bottom line in the first quarter of 2023, despite increasing revenue by nearly 43% year-over-year, the sixth sequential quarter in which revenues went up. The Ontario-based multistate operator, which has a footprint in five states, lost $19.2 million in the quarter ending […]
Debra BorchardtApril 21, 2023
TerrAscend Corp. (CSE: TER) (OTC: TRSSF) decided to celebrate 420 by filing its preliminary proxy statement with the U.S. Securities and Exchange Commission in its next step to listing on the Toronto Stock Exchange (the TSX). While the company had hoped to time the release at 4:20pm, it managed to post the notice at 5:30pm. […]
Debra BorchardtApril 18, 2023
Sentiment at Benzinga ranged from swallowing hard truths to high optimism.
Debra BorchardtApril 11, 2023
From advertising on Twitter to opening doors for European investors, the cannabis industry has opportunity for optimism.
StaffMarch 20, 2023The Daily Hit is a recap of the top financial news stories for March 20, 2023. On the Site Aurora Seeks to Dilute Shares as Cannabis Capital Raises Remain Scarce Aurora Cannabis Inc. (Nasdaq: ACB) (TSX: ACB) asked Canadian regulators on Friday to approve a plan to $650 million worth of stocks, debt, and other […]
Debra BorchardtMarch 20, 2023
TerrAscend says it overpaid for Gage Cannabis.
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