Budding Bonds: Connecting Cannabis Enthusiasts Through Seed Connector

The Daily Hit: April 1, 2024


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.

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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.

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‘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.

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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.

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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.

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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.

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