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Gold Flora Faces Receivership Proceedings As Financial Struggles Deepen
Wednesday, November 27, 2024 - 3:29pm | 465California-based cannabis operator Gold Flora Corp. (OTC:GRAM) is on the brink of receivership (a legal process in which a court appoints an independent party to manage a company's assets and operations, often as a last-ditch effort to recover debts or restructure the business) as it struggles with...
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'We're Happy Governor Newsom Banned Hemp': Why One Cannabis CEO Supports The Move
Wednesday, October 23, 2024 - 10:34am | 647As the CEO of Gold Flora, a leading cannabis company in California, Laurie Holcomb is confident that the state remains at the forefront of the industry despite numerous challenges. At the Benzinga Cannabis Capital Conference, Holcomb discussed California's position as a revenue leader and the...
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Gold Flora's Q2: A Mixed Bag For Cannabis With EBITDA Down $2M, Margins Up To 57%
Wednesday, August 21, 2024 - 9:02am | 377Gold Flora (OTC:GRAM) reported Q2 2024 sales of $31.6 million, marking a 2% sequential decline and falling short of the estimated $34.2 million. According to a report by Zuanic & Associates, the performance of the Californian cannabis company raised concerns despite a generally positive medium-...
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35 Cannabis Innovators To Watch In 2024: Leaders Shaping The Green Revolution
Wednesday, December 20, 2023 - 2:24pm | 4691As the cannabis industry continues to blossom, it becomes increasingly important to spotlight those at the forefront of the green revolution. In this evolving landscape, visionaries are emerging, shaping the industry, societal perceptions and legal frameworks. Here are the stories and...
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Is Cannabis Rescheduling A Solution? Experts Delve Into California Cannabis Retail Challenges At Benzinga Conference
Tuesday, October 3, 2023 - 6:55pm | 933“I think the taxation structure makes it extremely difficult to make money given the impact of that,” said Seth Yakatan, co-founder at Katan Associates, during a dynamic Benzinga Cannabis Capital Conference panel discussion on the challenges and evolving landscape of the cannabis...
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Gold Flora And The Parent Company Complete Merger
Monday, July 10, 2023 - 8:41am | 579Gold Flora Corporation (NEO:GRAM) completed the business combination transaction resulting in the combination of TPCO Holding Corp. (OTCQX: GRAMF), and Gold Flora, LLC, in an all-stock merger. "This is a monumental moment for our newly combined team and the California cannabis industry,"...
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The Parent Company Shareholders Approve Merger With Gold Flora
Friday, June 16, 2023 - 7:47am | 358TPCO Holding Corp. (OTCQX: GRAMF) (NEO:GRAM) announced that holders of common shares of the company voted in in favor of a special resolution to approve the proposed business combination with Gold Flora LLC, at the company's annual general and special meeting held on June 15, 2023. The special...
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The Parent Company Q1 Gross Profit Grows 15.8% YoY, Extends Licensing With Carlos Santana Brand
Monday, May 15, 2023 - 9:33pm | 663TPCO Holding Corp. (NEO: GRAM) (OTCQX: GRAMF) announced its financial results for the three-month period that ended March 31, 2023, revealing net sales of $18.1 million, a gross profit of $7.8 million (43% of net sales), a net loss of $16.5 million, an adjusted EBITDA loss of $9.3 million, and $76....
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The Parent Company, Gold Flora To Merge Into 'A True Vertical Leader In The Most Exciting Cannabis Market In The World'
Wednesday, February 22, 2023 - 9:13am | 684TPCO Holding Corp. (OTCQX: GRAMF) (NEO:GRAM) and Gold Flora have entered into a definitive business combination agreement to combine the companies in an all-stock merger. Under the terms of the merger agreement, The Parent Company shareholders will own approximately 49%, and Gold Flora holders will...
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Gold Flora Launches Jetfuel Strain-Specific Cured Resin Cartridges In California
Wednesday, February 1, 2023 - 12:22pm | 396Gold Flora, a vertically-integrated single-state cannabis company, announced the launch of the Jetfuel Cannabis brand of products throughout California, beginning with the introduction of strain-specific cured resin cartridges. Previously an exclusive house brand at Airfield Supply Company - a...
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Gold Flora Acquires Airfield Supply Company, California's Largest Single-Site Dispensary
Tuesday, February 8, 2022 - 1:00pm | 473Gold Flora, one of California's leading vertically-integrated cannabis companies, announced it has acquired Airfield Supply Company, one of California's most innovative and respected retail brands. Also included in the deal is Airfield Supply Co.'s San Jose cultivation operations,...
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Gold Flora Teams Up With Stately Brands To Boost California Operation
Monday, January 11, 2021 - 3:18pm | 299Gold Flora has formed a strategic partnership with Stately Capital Corporation through an asset contribution deal. The agreement bolsters development of the company's California-based vertically integrated operation. Under the partnership, Stately Brands executives opted to...