Deep Roots Harvest Doubles Down on Nevada – Cannabis Business Executive – Cannabis and Marijuana industry news
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C21 defies Nevada cannabis slump with 14% sales jump, margin gains
Vancouver-based C21 Investments Inc. (CSE: CXXI) (OTCQX: CXXIF) bucked state cannabis market trends with a 14% sequential revenue jump to $7.5 million in its fiscal second quarter, as its new south Reno location helped offset broader headwinds. The retail segment generated $7.1 million in the second quarter, up 10% from $6.4 million in the year-ago […]
Nevada’s Deep Roots closes on Source acquisition
The deal adds four dispensaries and a lounge license for Deep Roots as regulators try to kickstart its cannatourism plans. Deep Roots Harvest officially closed on its acquisition The Source’s assets, rescuing the company from receivership amid broader consolidation in the Nevada market this year. The deal provides Deep Roots with retail locations in Las […]