Tag: CBT > Business Issues/ Benchmarks > Finance: Page 17

Finance

New Study Finds Keeping or Eliminating California’s Cannabis Cultivation Tax Yield Similar Revenues

The Reason Foundation’s analysis comes as the state’s Department of Cannabis Control picks up momentum on retail licensing.

May 11, 2022

Finance

Lowell Farms Inc. Announces Unaudited First Quarter 2022 Financial and Operational Results

Following a recent milestone, Lowell Farms enters the year as the largest combined seller of packaged flower and all-flower pre-rolls in California.

May 11, 2022

Finance

Village Farms International Reports First Quarter 2022 Financial Results

Consolidated revenue increased 34% year-over-year to $70.2 million; the company's net loss of $6.5 million is primarily due to inflationary pressures on produce business.

May 10, 2022

Finance

Curaleaf Names Matt Darin CEO

Outgoing CEO Joe Bayern will head a new division of Curaleaf.

May 10, 2022

Finance

Michigan Real Estate Firm Files Bankruptcy Petition

The company leases property to licensed cannabis operators, casting its federal bankruptcy filing into uncertain territory.

May 10, 2022

Finance

New Mexico Adult-Use Cannabis Sales Eclipse $22.1 Million in First Month; Medical Hits $17.3 Million

The country’s newest fully legal retail market grossed nearly $39.5 million in combined medical and adult-use sales in April.

May 5, 2022

Finance

MariMed Completes Two Acquisitions in Maryland and Illinois

Multistate operator MariMed recently locked down two new acquisitions: Kind Therapeutics, in Maryland, and Green Growth, in Illinois.

May 5, 2022

Finance

Oregon 2022 Adult-Use Sales Down 14.4% From Last Year

Despite the year-over-year trend, licensed adult-use cannabis retailers recorded $83.7 million in April, their largest grossing month since October.

May 4, 2022

Finance

Illinois Adult-Use Cannabis Sales Up 14.6% From Last April

Day-tripper purchases continued to play a key role in the nation’s third-largest adult retail market, which recorded $131.8 million in sales last month.

May 4, 2022

Finance

Glass House Brands Completes Acquisition of PLUS, a Leading California Edibles Brand

The acquisition establishes Glass House as the only company with a top 5 position in both the flower and edibles categories in California, according to BDS Analytics.

May 4, 2022

Finance

Major Canadian Retail Business Exercises Warrant on Fire & Flower Shares to Draw 35% Ownership Stake

Couche-Tard, the owner of Circle K convenience stores, delivered $38 million to Fire & Flower via this transaction.

May 2, 2022

Finance

Fluresh Lands $25-Million Note From Federally Regulated Bank

The hefty loan signals another degree of normalization for an industry poised on the edge of impending bank reform.

April 29, 2022