Unrivaled Brands Archives

Debra BorchardtNovember 14, 2023

In addition to expecting losses to continue, the company is facing several lawsuits in California.

StaffOctober 11, 2023

The Daily Hit is a recap of the top financial news stories for Oct. 11, 2023. On the Site HERBL Ledger Up for Sale After Initial Asset Deal Dies An upcoming deadline for cannabis brands distributor Herbl’s accounts receivable is the latest development in the unfolding saga of the company’s receivership. Interested parties have until […]

Adam JacksonOctober 11, 2023

Shareholders will review a potential reverse stock split proposal.

StaffJuly 20, 2023

The Daily Hit is a recap of the top financial news stories for July 20, 2023. On the Site Parallel Exiting Pennsylvania Marijuana Market After Defaulting on Rent Atlanta-based multistate operator Parallel Cannabis is shuttering three facilities and exiting the Pennsylvania medical marijuana market following financial troubles that led to a lawsuit from its landlord, […]

Adam JacksonJuly 20, 2023

Unrivaled also announced changes in its executive team earlier this month.

StaffApril 25, 2023

The Daily Hit is a recap of the top financial news stories for April 25, 2023. On the Site Cookies Lawsuit: Company Uses Threats, Violence, Kickbacks to Do Business The leaders of global cannabis brand Cookies have been using threats, violence and financial kickbacks to enrich themselves at the expense of company shareholders, according to […]

Adam JacksonApril 25, 2023

Gross margin rose from 44% in the prior quarter to 48%, indicating improved profitability.

StaffApril 10, 2023

The Daily Hit is a recap of the top financial news stories for April 10, 2023. On the Site Tilray to Acquire Hexo Corp. for $56 Million, Loses $1.1 Billion in Q3 Tilray Brands Inc. (Nasdaq: TLRY) (TSX: TLRY) inked a deal to acquire Quebec-based Hexo Corp. (Nasdaq: HEXO) (TSX: HEXO) in a $56 million […]

StaffMarch 29, 2023

The Daily Hit is a recap of the top financial news stories for March 29, 2023. On the Site Columbia Care Sales Fall in Fourth Quarter as Company Exits Markets Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) saw its net loss for the fourth quarter ballooned to an eye-popping $300 million, compared with […]

Adam JacksonMarch 29, 2023