Finance: Page 13

Cresco Labs Reports $191 Million Revenue in Third Quarter 2023 Financial Results

The company continued its execution of its year-of-the-core strategy to deliver strong margin and operating cash flow gains, with elimination of over $40 million in annualized operating costs.

The Cannabist Co. Reports Third Quarter 2023 Results

The “complicated” quarter included the termination of a merger agreement with Cresco Labs and a corporate restructuring with operational changes.

Green Thumb CEO Lambastes ‘Uncle Sam’ for Cannabis Listing as 70% Americans Support Legalization

The multistate operator remains bullish on Maryland after reporting record revenue for its third-quarter earnings.

Verano’s Potential Launching Pad

Aaron Miles, chief investment officer for Verano, discusses how a Cboe Canada listing could propel the company to U.S. exchanges.

Cresco Labs Exits Arizona, Unlocks $32 Million in Non-Dilutive Capital

In addition to selling a Sunnyside dispensary, the company closed a conventional mortgage on properties in New York.

Curaleaf Applies to List Subordinate Voting Shares on TSX

The move toward the Toronto Stock Exchange comes less than two weeks after the company announced a CAS$16 million underwritten offering.

UPDATE: Cboe Canada Could Be Verano’s Launching Pad to List on US Exchanges

Verano Chief Investment Officer Aaron Miles details the Chicago-based cannabis company’s move from CSE to Canada’s NEO Exchange.

Colorado Officials Announce Recipients of Cannabis Business Loan Program

IDY Distributors and Simply Pure received loans to help them expand operations, increase revenues, and retain or create jobs.

Verano Receives Conditional Approval to List on Cboe Canada

Upon the listing, the multistate cannabis operator plans to delist its Class A subordinate voting shares from the Canadian Securities Exchange.

Senate Majority Leader Vows to Bring SAFER Banking Act to Floor—And Other Reactions to Bill’s Advancement

The Senate Banking Committee approved the legislation Sept. 27, sending it to the floor, where Sen. Chuck Schumer plans to call a vote “as quickly as possible.”

Curaleaf Moves Toward Potential TSX Uplisting

The multistate cannabis operator announced a CA$16 million underwritten offering of subordinate voting shares.

National Conference of State Legislatures Signals Support for SAFER Banking Act Ahead of Committee Markup

The NCSL sent a letter to congressional leadership Sept. 25 to express the organization’s support for cannabis banking reform.

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