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Gold Flora Faces Receivership Proceedings As Financial Struggles Deepen
Wednesday, November 27, 2024 - 3:29pm | 465California-based cannabis operator Gold Flora Corp. (OTC:GRAM) is on the brink of receivership (a legal process in which a court appoints an independent party to manage a company's assets and operations, often as a last-ditch effort to recover debts or restructure the business) as it struggles with...
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California Cannabis Co. Gold Flora: 241% QoQ Growth In Adjusted EBITDA, Narrows Net Loss By 21%
Friday, November 15, 2024 - 10:46am | 428Vertically integrated Gold Flora Corporation (CBOE: GRAM) (OTCQB:GRAM) released its financial results Thursday for the third quarter of fiscal 2024. “Amid the ongoing challenges facing the broader industry, we’ve made significant strides in positioning ourselves for long-term success,"...
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'We're Happy Governor Newsom Banned Hemp': Why One Cannabis CEO Supports The Move
Wednesday, October 23, 2024 - 10:34am | 647As the CEO of Gold Flora, a leading cannabis company in California, Laurie Holcomb is confident that the state remains at the forefront of the industry despite numerous challenges. At the Benzinga Cannabis Capital Conference, Holcomb discussed California's position as a revenue leader and the...
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EXCLUSIVE: Weed Companies Will Be Treated Like Normal Businesses Once This Tax Provision Goes Away, Experts Say
Tuesday, October 8, 2024 - 2:48pm | 824Marijuana companies would be "treated like normal businesses," if the oppressive restrictions of Section 280E of the Internal Revenue Code, which prevents cannabis businesses from deducting typical business expenses, go away. That's according to Darren Weiss, president of Verano Holdings Corp. (...
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Gold Flora Q2 Earnings: Revenue Soars Though Net Loss Widens To $24M
Thursday, August 15, 2024 - 1:11pm | 576Gold Flora Corp. (OTC:GRAM), a vertically-integrated California cannabis company, announced its financial earnings Thursday for the second quarter of 2024. Q2 2024 Financial Highlights Revenue was $31.64 million, compared to the $14.96 million reported in the same quarter last year. Net loss was...
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Maintaining A Balanced Accounts Receivable Sheet In Cannabis: CEO Of Gold Flora Shares Her Secret
Friday, June 21, 2024 - 8:54am | 764"For us, everything starts with cultivation," Laurie Holcomb founder and CEO of Gold Flora (OTC:GRAM) told the crowd gathered at the recent Benzinga cannabis event –Cannabis Market Spotlight on Monday in New Jersey. "We’ve got 107,000 square feet of canopy. It’s all indoor. So we...
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California Cannabis Co. Gold Flora Reports 150% YoY Increase In Q1 Gross Profit, Trims Loss Sequentially
Wednesday, May 15, 2024 - 2:45pm | 550California cannabis company Gold Flora Corporation (Cboe Canada: GRAM) announced its first quarter financial results Wednesday for the three months ended March 31, 2024. “Our Q1 2024 results reflect the work we have done to scale our operations to leverage the solid foundation we have built...
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Global Cannabis Strategies Post-German Legalization: Exclusive Insights From Curaleaf, Gold Flora, Verano
Tuesday, April 16, 2024 - 9:30pm | 694At the Benzinga Cannabis Capital Conference in Hollywood, Florida, Constantin von der Groeben, managing director of Demecan, declared a pivotal moment for global cannabis legislation. ‘We’ve reached a tipping point. I think there’s no stepping back from Germany’s cannabis...
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Female-Led California Weed Co. Gold Flora's Net Loss Grows In Q4, Reports YoY Increase In Revenue & Gross Profit
Friday, April 5, 2024 - 11:49am | 708Vertically-integrated California cannabis company Gold Flora Corporation (OTC:GRAM) announced its financial results on Friday for the three-month and twelve-month period ended Dec. 31, 2023. “We have strategically built a solid foundation consisting of premier indoor cultivation, and full...
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Female-Led Cannabis Company Sees 95% YoY Growth & $32M Revenue As It Gallops Across California
Tuesday, November 14, 2023 - 9:42pm | 446The female-led, vertically-integrated cannabis company Gold Flora Corporation (OTCPK: GRAM) reported robust financial results for the third quarter ending September 30, 2023, showcasing substantial growth and financial strength. "We are focused on winning in California and have built a...
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Is Cannabis Rescheduling A Solution? Experts Delve Into California Cannabis Retail Challenges At Benzinga Conference
Tuesday, October 3, 2023 - 6:55pm | 933“I think the taxation structure makes it extremely difficult to make money given the impact of that,” said Seth Yakatan, co-founder at Katan Associates, during a dynamic Benzinga Cannabis Capital Conference panel discussion on the challenges and evolving landscape of the cannabis...
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California Targets Illicit Cannabis Activity With New Financial Strategy, Program Kicks Off In Fresno
Thursday, August 31, 2023 - 11:46am | 1145California has unveiled a new program designed to clamp down on illicit cannabis activity, targeting perpetrators where it hurts most: their wallets. The move seeks to stop the ongoing damage to the environment, workers and legal cannabis businesses caused by underground operations....
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Gold Flora And The Parent Company Complete Merger
Monday, July 10, 2023 - 8:41am | 579Gold Flora Corporation (NEO:GRAM) completed the business combination transaction resulting in the combination of TPCO Holding Corp. (OTCQX: GRAMF), and Gold Flora, LLC, in an all-stock merger. "This is a monumental moment for our newly combined team and the California cannabis industry,"...
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The Parent Company, Gold Flora To Merge Into 'A True Vertical Leader In The Most Exciting Cannabis Market In The World'
Wednesday, February 22, 2023 - 9:13am | 684TPCO Holding Corp. (OTCQX: GRAMF) (NEO:GRAM) and Gold Flora have entered into a definitive business combination agreement to combine the companies in an all-stock merger. Under the terms of the merger agreement, The Parent Company shareholders will own approximately 49%, and Gold Flora holders will...
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Gold Flora Acquires Airfield Supply Company, California's Largest Single-Site Dispensary
Tuesday, February 8, 2022 - 1:00pm | 473Gold Flora, one of California's leading vertically-integrated cannabis companies, announced it has acquired Airfield Supply Company, one of California's most innovative and respected retail brands. Also included in the deal is Airfield Supply Co.'s San Jose cultivation operations,...