The Daily Hit is a recap of the major financial information stories for Monday, April 1, 2024.
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Goodness Advancement provides elevated income, agrees to provide Vireo Wellbeing of New York
Goodness Expansion Holdings Inc. (CSE: GDNS)(OTCQX: GDNSF) described economic effects for its fourth quarter and total yr finished Dec. 31, 2023. Revenue jumped 26% in the fourth quarter to $24.2 million around very last year’s $19 million.
Florida Supreme Court OKs grownup-use cannabis ballot evaluate
Florida’s state Supreme Courtroom on Monday greenlit an adult-use ballot measure bankrolled by Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF). The evaluate needs 60% of the vote to go.
‘Proximity protection’ in New York a new battleground for dispensaries
A rule set up by New York hashish regulators requiring that all lawful marijuana stores be at the very least 1,000 feet aside is less than hearth, both of those from a new lawsuit and also from other stakeholders sad about the protocol.
Michigan’s Finished Proper partner claims he was performed erroneous, sues Colorado companion
Michigan hashish company Performed Correct Houses and its proprietor Daniel Reinhold is suing his Colorado-centered partner Marc Steimer of The Large Consultants (THC) and accusing him of thieving his traders.
Flora Progress to acquire TruHC for $6.4M in wager on German hashish
The deal features EU-GMP accredited amenities and various licenses for cannabis output, distribution, and testing.
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In Other Information
Cannadabis Cash
CanadaBis Funds Inc. (TSXV: CANB), a vertically built-in Canadian cannabis enterprise, announced results from its second quarter fiscal 2024, its 10th consecutive quarter building web revenue.
Cannabis promotion
Good Working day Farms, a cannabis dispensary in northern Missouri, bought the advertisement, noting it only normally takes 90 miles to drive to their shop from Des Moines.
