Inc.

Editor’s Note: The article has been updated with comments from S&P Global, AM Best, and HR Ratings. In a recent development, the Securities and Exchange Commission (SEC) has imposed a hefty penalty on six leading rating agencies, including Moody's Ratings by Moody’s Corp. (NYSE:MCO...

cbdMD, Inc. (NYSE: YCBD) announced its financial results for the second quarter of fiscal 2024, ending March 31, 2024. Despite an increase in operational losses from $1.4 million in Q2 fiscal 2023 to $1.5 million in Q2 fiscal 2024, management remains optimistic. "Transformation is not always...

Safe Harbor Financial Services, Inc. (NASDAQ: SHFS) reported a 245% year-over-year increase in net income to approximately $2.0 million for the first quarter of 2024. This is a significant change from a net loss of $1.4 million in the same period last year. CEO Sundie Seefried noted the company...

Goodness Growth Holdings, Inc.,(CSE: GDNS) (OTC: GDNSF) cannabis company reported its financial results Tuesday morning for the fourth quarter and the entire fiscal year of 2023. The Minneapolis-based firm reported Q4 2023 revenue of $24.2 million, a robust increase of 34.4% compared...

AYR Wellness, Inc. Cannabis Dispensary Launches Kiva Confections in Florida AYR Wellness, Inc. (OTC: AYRWF) cannabis dispensary introduced Kiva Confections' Camino Soft Chews to its 62+ Florida dispensaries. The expansion aims to provide a top-shelf edible product line to the Florida...

As interest rates climb and regulatory uncertainties loom, decisions on capital expenditures (capex) by cannabis MSOs (Multi-State Operators) become paramount for their future success. Are some MSOs missing out on significant growth opportunities? In his latest analysis, Pablo Zuanic, managing...

With the world going green, demand for electric vehicles is quickly accelerating.  At the moment, global leaders want millions of electric vehicles on the road by 2030. President Biden, for example, wants 50% of all new autos sold in the U.S. to be electric vehicles by 2030. And so...

Vincent Lupo, COO of TradeUP Securities, Inc., was recently interviewed by Benzinga. TradeUP Securities is a one-stop securities trading, clearing and financing solution. As a CBOE EDGX, NYSE, DTCC and OCC member, TradeUP provides order execution, securities clearing and financing services for its...

Thinking about protecting your cannabis business while enhancing bud quality and consistency? At the recent Benzinga Cannabis Capital Conference in Chicago, industry experts discussed insurance, compliance and workforce development in the sector. They highlighted protocols and quality...

Sibannac, Inc. (OTC: SNNC), an Arizona-based company that manufactures and sells wellness products in the CPG space is making strategic moves in the burgeoning cannabis and wellness market. The company reported it has signed an agreement with AllStar Health Brands Inc. (OTC: ALST) to explore...

Colorado-based CBD of Denver, Inc. (OTC Pink: CBDD) announced Thursday that its wholly-owned subsidiary, Luxora, has taken a significant step into the European cannabis market by signing four Letters of Intent (LOIs) for the establishment and operation of four Cannabis Clubs in Germany. Luxora'...

US legal cannabis sales are predicted to exceed $28 billion in 2023, with promising regulatory developments such as the recommendation to "reschedule" cannabis by the HHS. Canada's cannabis exports have surged to C$160 million, a 50% increase year-on-year, and with new international...

The Department of Health and Human Services (HHS) suggested the DEA reclassify cannabis as a Schedule III controlled substance under federal law. Assistant Secretary for Health Rachel Levine's letter triggered a much-needed rally in cannabis stocks. In a recent analyst note, a...

Brett H. Pojunis, CEO of GPO Plus, Inc. (OTCMKTS: GPOX), was recently interviewed by Benzinga. GPO Plus is a product development, manufacturing and distribution company which offers a diverse portfolio of high-quality innovative products sold directly to consumers and retailers. The company says...

TRxADE Health, Inc. (NASDAQ: MEDS), known for its pharmaceutical exchange platform, has recently merged with Superlatus, Inc., a leading food technology and distribution company. The combined entity has now announced a binding agreement to acquire The Urgent Company, Inc. along with its portfolio...