Analysts undoubtedly appear to assume the corporate would profit from a competitor's authorized issues.Analysts appear to assume Turning Level Manufacturers (NYSE: TPB) might profit from the courtroom controversy with competitor Uncooked Manufacturers. Within the firm’s latest convention name concerning...
Firm shaved liabilities, renegotiated debt, and improved working capital.On the heels of a turbulent 12 months of restructuring, Unmatched Manufacturers (OTCQB: UNRV) posted optimistic preliminary monetary outcomes for the fourth quarter of 2022, with working revenue for the interval...
What does the troubled funding imply for SNDL's future in U.S. hashish?SNDL (Nasdaq: SNDL) has deployed capital right into a portfolio of six cannabis-related investments of roughly $579.9 million, together with $535.9 million for the SunStream three way partnership....
Firm makes progress over the second quarter.Fireplace & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) introduced its monetary outcomes for the fiscal 2022 third quarter ended October 29, 2022, as income elevated 8% sequentially to $43.8 million from $40.7...
Earnings season is simply starting and it kicks off with Scott’s Miracle-Gro whose hydroponic model Hawthorne noticed its gross sales drop by 30%. Gross sales are forecast to proceed falling by one other 20-25%. CEO Jim Hagedorn described the...
They allege Wyld needed Etain for himself.The acquisition of New York medical hashish operator Etain by Riv Capital is getting into one other messy chapter. Scotts Miracle-Gro (NYSE: SMG), proprietor of the hydroponic firm Hawthorne has filed a lawsuit...
Cover exits cultivation in Smith Falls.Cover Progress Corp. (TSX: WEED) (Nasdaq: CGC) reported slumping revenues on Thursday and signaled a brand new cost-savings period that features cutbacks on cultivation and 800 layoffs. The inventory fell greater than 8% in...
Some consultants are getting paid in inventory as an alternative of money.Whereas psychedelics have been the darling of different plant medicines currently, the businesses within the business are coming down from an ideal journey. The realities of manufacturing income...
This story was republished with permission from Crain’s Chicago and written by John Pletz. With time working out on the licenses awarded to open new marijuana dispensaries, legislators are stepping in with a possible last-minute repair. Laws filed as...
Irwin Naturals has defaulted on its debt. After the markets closed on Thursday, Irwin Naturals Inc. (CSE: IWIN) (OTC: IWINF) reported falling gross sales and a debt default for the 12 months ending December 31, 2022. Irwin reported that...
