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The Daily Hit: November 21, 2023

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The Each day Strike is a recap of the major financial news stories for Nov. 21, 2023.

On the Web site

Family Sues Trulieve About Demise in Massachusetts Cannabis Facility

The relatives of Lorna McMurrey, a 27-calendar year-outdated woman who died from an bronchial asthma attack at a Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) output facility in Massachusetts, has submitted a wrongful loss of life lawsuit from the company. Read through additional here.

Slang Puts By itself up for Sale

Slang Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) could be putting alone up on the profits block.. The 10 years-aged hashish corporation retained PGP Funds Advisors LLC to support in exploring, examining, and evaluating strategic alternate options that may be obtainable to optimize shareholder worth. Read through more in this article.

Cronos Team Gets Investor Circumstance Dismissed

Cronos Team Inc. (NASDAQ: CRON) acquired some excellent news from U.S. District Judge Eric N. Vitaliano when he dismissed the trader lawsuit towards the cannabis firm. The guide plaintiff in the circumstance, Keith Norman, alleged that Cronos Team knew it mislabeled some transactions that it recorded as profits. Read extra right here.

MariMed Secures $58.7M from Needham Lender

MariMed Inc. (CSE: MRMD) (OTCQX: MRMD) shut on a 10-yr $58.7 million personal loan with Needham Financial institution, a Massachusetts-based group financial institution. The money from the bank loan will 1st be utilised to fork out off present financial loans and most likely purchase some property, the enterprise claimed. Read extra here.

Earnings:

Indiva Posts Report Earnings as Hashish Edibles Demand Surges

LEEF Brand names Faces Revenue Drop In spite of Cost-Cutting Endeavours

In Other Information

AgriCann Answers Corp.

AgriCann Answers Corp. obtained licensing from Wellness Canada that permits for the creation and distribution of a wide range of cannabis-infused products, which includes edibles, beverages, concentrates, and topicals (the “Cannabis 2. licence”), through AgriCann’s wholly owned subsidiary Newline Ventures Inc. Study additional listed here.

Curaleaf Holdings

A lawsuit in Florida federal court docket alleges cannabis organization Curaleaf discriminated towards one particular of its managers because of to his age and an injury he sustained at function by firing him after he enlisted an lawyer to support with his workers’ compensation declare. Go through more listed here.

Veriheal

Cannabis health-tech enterprise Veriheal introduced the 3 winners of its annual Innovation in Cannabis Scholarship for 2023, just about every of whom will receive $10,000 to set toward faculty tuition and service fees. Browse additional listed here.

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