The Daily Hit is a recap of the top financial news stories for Tuesday, December 3, 2024. On the Site With second lease on life, Eaze CEO says Florida key to success Azzalino said Eaze’s upcoming Florida infrastructure investment will be critical to future stability. Read more here. LeafLink projects cannabis market to reach $55 […]
California-based cannabis delivery giant Eaze won a rarity in the marijuana trade earlier this year: a second chance. It began in August, when the company was purchased at auction for $54 million by FoundersJT, which is led by billionaire James Henry Clark of Netscape fame. Its reboot was formalized in November when Eaze announced another […]
Newly rebranded California-based marijuana operator Eaze raised $10 million to acquire select assets of Eaze Technologies, its predecessor company, to fund the reopening of 70 Eaze and Green Dragon locations across California, Colorado, Florida and Michigan. The now-defunct Eaze Technologies, which purchased Denver-based Green Dragon about three years ago, announced in October that it would […]
Colorado-based marijuana operator Green Dragon is calling it quits. The company notified the Colorado Department of Labor and Employment last week that it plans to lay off all 59 employees at the 92,000-square-foot grow facility in Denver it’s shuttering by the end of the year. Green Dragon said it plans to close all 17 of […]
A warehouse used by cannabis operator Green Dragon has sold for $11.4 million, as its parent company prepares to shut down operations amid wider turmoil and legal disputes. Texas-based investor Donald A. Ball, operating as Kovak & Co., acquired the 91,981-square-foot Denver facility for about $124 per square foot, public records show. Ball told the […]
