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EXCLUSIVE: Focus On Selling Numbers, Not Dreams, That's What Makes Cannabis A Good Investment
Wednesday, April 17, 2024 - 4:37pm | 886"Not trying to always be the next unicorn is okay… it’s actually great," Morgan Paxhia, a co-founder and managing director at Poseidon Investment Management, told the audience at the Benzinga Cannabis Capital Conference in Florida on Wednesday. He said selling a cannabis business and then...
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Multi-Banner Cannabis Retailer's Q3 Revenue Slumps Over 42% YoY But CEO Remains Optimistic
Wednesday, January 3, 2024 - 10:22am | 671Shiny Health & Wellness Corp. (TSXV:SNYB) announced its third quarter fiscal year 2024 financial results for the three months ended Oct. 31, 2023, revealing a year-over-year drop in quarterly sales to CA$4.3 million ($3.2 million) from CA$7.46 million. The Toronto-based company said the drop in...
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Ontario's Cannabis Market Heats Up: Shiny Health Buys 10 Stash & Co. Weed Stores, Adding $7.5M To Top Line
Monday, December 18, 2023 - 10:24am | 694Shiny Health & Wellness Corp. (TSXV:SNYB) has signed an asset purchase agreement with Karan S. Holla for his Stash & Co. Ontario chain of 10 adult-use cannabis retail stores. What Happened The company’s previously announced letter of intent on Oct. 27 for Shiny Health to add 10 SC...