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The earnings season is in full swing, with a number of companies are expected to report results this week. Here is a short overview of which companies are slated to post their results, as well as some other major developments from the industry that investors should be keeping an eye on. The Week In... Read More...
December 23, 2020 · 0 Comments By Sam Odrowski Orangeville residents no longer need to rely on OCS to get their cannabis. The first legal marijuana storefront in Orangeville, Satica Cannabis, celebrated its grand opening last Friday (Dec. 18). Local residents were lined up outside of the store, located on 121 Broadway, from open to close, waiting to get their first taste of legally purchased cannabis in town. “It was very busy, we were steady all day. There was no point during the day that there wasn’t someone in here, so th...
Fire & Flower Holdings Corp. (TSX:FAF) (OTCQX:FFLWF) found itself on the hunt for acquisition targets. Fire & Flower generated around $33.1 million at a gross profit of 34.7% in the third quarter of this fiscal year. That's a year-over-year and sequential increase of 142% and 15.8%, respectively. The Toronto-based company also reported achieving an adjusted positive EBITDA of $1.2 million for the quarter, versus a $0.3 million loss in the prior quarter. Fire & Flower CEO Trevor Fencott said that "achievement of positive Adjusted EBITDA is a significant milestone and demonstrates our continu...
Article content There has been a fourth application made to the Alcohol and Gaming Commission of Ontario for a retail cannabis store in Owen Sound. The AGCO said Monday that an application for a new store called Moonfire Cannabis at 1050 2 nd Ave. E., Suite 5, had entered into the 15-day public notice phase. The public is able to file a written submission regarding the application at agco.ca. We apologize, but this video has failed to load. Try refreshing your browser. Another pot shop proposed for Owen Sound Back to video There are currently two AGCO-licensed retail cannabis stores operati...