Fourth-quarter revenue for the REIT was negatively impacted by a tenant entering receivership.
The post NewLake posts $26M profit for 2024, issues shareholder dividend appeared first on Green Market Report.
Category: Business
MariMed sees wholesale growth from edibles as it cuts losses in 2024
The MSO saw wholesale revenue growth of 29% despite narrowly falling short of topline expectations.
The post MariMed sees wholesale growth from edibles as it cuts losses in 2024 appeared first on Green Market Report.
Report: Connecticut cannabis sales weak compared to neighboring markets
The New England state also had the highest per gram price for cannabis when compared to neighboring states.
The post Report: Connecticut cannabis sales weak compared to neighboring markets appeared first on Green Market Report.
Safe Harbor restructures debt, frees up $6M in cash flow
The debt restructuring gives the company breathing room as Mendez takes over as CEO.
The post Safe Harbor restructures debt, frees up $6M in cash flow appeared first on Green Market Report.
Price compression is coming to New Jersey
Benzinga’s New Jersey Spotlight conference tone varied between optimism over opportunities and the realities of the market.
The post Price compression is coming to New Jersey appeared first on Green Market Report.
Jazz Pharmaceuticals buys Chimerix for $935 million
The company’s cannabis drug, epidiolex, represents 25% of its sales.
The post Jazz Pharmaceuticals buys Chimerix for $935 million appeared first on Green Market Report.
Hydrofarm misses estimates on sales decline, goes further in the red
The hydroponics equipment maker struggled with sales but highlighted cost-cutting progress and brand strategy shifts.
The post Hydrofarm misses estimates on sales decline, goes further in the red appeared first on Green Market Report.
Cannabis CEO ‘bullish’ on Pennsylvania legalizing recreational market
At least two competing bills to set up an adult-use industry in the state are already in front of lawmakers.
The post Cannabis CEO ‘bullish’ on Pennsylvania legalizing recreational market appeared first on Green Market Report.
New York governor wants $50 million back from social equity fund
The governor’s budget calls for repayment from tax receipts, rather than those funds going to regulators.
The post New York governor wants $50 million back from social equity fund appeared first on Green Market Report.
Texas lawmakers consider state-wide ban on most hemp products
Another proposal would marginally expand the state’s medical marijuana program, a move some see as an effort to gain support for the ban.
The post Texas lawmakers consider state-wide ban on most hemp products appeared first on Green Market Report.