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Tobacco Vs. Cannabis: Why Doesn't The U.S. Government Want Our Money?
Thursday, June 29, 2023 - 11:21pm | 882Legalizing cannabis presents an opportunity for the federal government to tap into a valuable source of revenue. Instead of relying solely on sales taxes, the integration of the cannabis industry into the legal space can generate substantial personal and corporate income taxes. This potential...
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Earnings Roundup: iAnthus, Can-Fite, Organigram, Bluma Wellness, Auxly
Monday, November 30, 2020 - 1:39pm | 1022iAnthus Touts 82% YoY Revenue Growth, Names Interim COO New York-based iAnthus Capital Holdings Inc. (CSE: IAN) (PINK: ITHUF) generated around $40.6 million in revenue during the third quarter of fiscal 2020. That's up by 17% sequentially and roughly 82% year-over-year. The...
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Auxly Secures $12M In Financing
Tuesday, November 24, 2020 - 2:48pm | 315Auxly Cannabis Group Inc. (TSXV: XLY) (OTCQX: CBWTF) has secured $12 million in financing. The Toronto-based company confirmed Tuesday it has upsized the previously announced bought-deal offering of its units to 40 million units at 30 cents per unit. Each unit includes one of Auxly's...
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Cannabis Movers & Shakers: Green Growth, Halo Labs, Auxly, RWB
Friday, October 2, 2020 - 11:13am | 928Here are the latest updates on leadership changes within the cannabis industry. Green Growth's Interim CEO Randy Whitaker Resigns Columbus, Ohio-based Green Growth Brands Inc. thanked interim CEO Randy Whitaker for his contributions to the company after the former Chief Operating...
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Vitality Biopharma Hires Investment Bank To Explore M&A, Asset Sale Opportunities
Friday, September 25, 2020 - 12:35pm | 398Drug development company Vitality Biopharma Inc. (OTCQB: VBIO) has tapped financial adviser DelMorgan & Co. to manage a potential sale process. Neil Morganbesser, DelMorgan's President and CEO, said “the right partner — either through M...