The Daily Hit is a recap of the top financial news stories for Nov. 8, 2023. On the Site Ohio Voters Say Yes to Adult-Use Marijuana On Tuesday night, Ohio voters approved Issue 2, a measure to legalize and regulate recreational marijuana for adults statewide. As of 9:35 p.m. ET, the “Yes” vote leads with […]
The Daily Hit is a recap of the top financial news stories for Aug. 2, 2023. On The Site Unlicensed Cannabis Sales Overrun State’s Legal Program, Strangling Tax Revenue Legal cannabis sales and tax revenues in New York are at a fraction thus far of what was originally projected, due in large part to the […]
Turning Point Brands, Inc. (NYSE: TPB) announced financial results for the first quarter ended March 31, 2023 as overall by revenues increased slightly by 0.1% to $101.0 million. Turning Point told investors it is keeping its previous expectation of full-year 2023 adjusted EBITDA to be in a range of $88 to $94 million. Net income […]
The Daily Hit is a recap of cannabis business news for Oct. 26, 2022. ON THE SITE South Dakota Moves to Restrict Medical Marijuana Program Further A South Dakota state legislative panel this week gave initial approval to a bill that would restrict the MMJ program by making it harder to add qualifying conditions and by writing a handful […]
The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis