The Daily Hit: November 25, 2024
The Daily Hit is a recap of the top financial news stories for Monday, November 25, 2024. On the Site Creditor asks California court to appoint receiver for Gold Flora, citing ‘dire liquidity issues’ The request stems from debts purchased from the now-defunct cannabis distributor Herbl. Read more here. Minnesota judge delays cannabis license lottery […]
The Daily Hit: November 14, 2024
News from: Tilt Holdings, Agrify, Massachusetts, Dan Bilzerian and more. The Daily Hit is a recap of the top financial news stories for Thursday, November 14, 2024. On the Site Tilt Holdings to review strategic alternatives for its plant-touching business Revenue fell in the quarter due to shipping delays for its Jupiter brand. Read more […]
Gold Flora losses continue to mount, even as revenue ticks up
Earlier this month, a stay was granted for the company’s limited receivership. California-based Gold Flora Corp. (CBOE: GRAM) (OTCQB: GRAM) this week reported a net loss of $18.8 million, bringing its losses for the year thus far to $56.5 million, a dramatic turnaround from a year ago, when the company reported net income of $22.9 […]