Tag: The Daily Hit

The Daily Hit is a recap of the top business stories in the cannabis industry for March 24, 2022. On The Site Col-Care Columbia Care Inc. (CSE: CCHW) (OTCQX: CCHWF) reported revenue in the fourth quarter of 2021 rose 70% over last year to $139 million and increased 5% sequentially from the third quarter’s revenue […]

This is the Daily Hit recap of the day’s top business stories in the cannabis industry for March 22, 2022. On The Site Slang SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF)  issued a letter to its shareholders from its Interim CEO and Chairman of Slang, Drew McManigle outlining the company’s reduction in operating costs. Four […]

On The Site MedMen Ascend Wellness (OTC: AAWH) has pulled off the gloves in its latest complaint (filed on February 14, 2022) against MedMen (OTC: MMNFF) calling the company, “A broken and mismanaged cannabis company that has repeatedly reneged on its promises to its employees, suppliers, shareholders, medical marijuana patients, regulators, and now Ascend.” MedMen […]

It’s time for your Daily Hit of cannabis financial news for January 10, 2021. On The Site Tilray Tilray, Inc.  (Nasdaq: TLRY) stock is popping over 11% in early trading as the company turned in a solid earnings report for the second fiscal quarter ending November 30, 2021. As shares were lately trading at $7.25, […]

It’s time for your Daily Hit of cannabis financial news for December 9, 2021. On The Site Fire & Flower Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF)  is buying Pineapple Express Delivery Inc., Canada’s largest delivery and logistics company serving the cannabis sector in a deal valued at $5.3 million. The transaction is […]

It’s time for your Daily Hit of cannabis financial news for Tuesday, November 9th, 2021.  On the Site Springbig to Go Public Through Tuatara SPAC Cannabis tech company Springbig is going to become a publicly-traded company through the SPAC Tuatara Capital Acquisition Corporation (NASDAQ: TCAC). The new symbol when the company begins trading on NASDAQ […]

It’s time for your Daily Hit of cannabis financial news for September 28, 2021. On The Site Village Farm Village Farms International, Inc.  (NASDAQ:VFF) (TSX:VFF) has entered into an option agreement to buy an 80% ownership interest in Netherlands-based Leli Holland B.V. for EUR50,000. Leli is one of the ten applicants selected by lottery to […]

It’s time for your Daily Hit of cannabis financial news for July 1, 2021. On the Site Exactus Hemp CBD company Exactus, Inc. (OTCQB:EXDI) acquired Panacea Life Sciences, Inc., but the amount of the transaction was not disclosed. Panacea Life Sciences is a woman-owned and woman-led company, dedicated to developing and producing legal, hemp-derived cannabinoid […]