Trulieve still ‘digesting' acquisition | advice for Congress on cannabis banking | Rhode Island licenses update | Yooma reinstated on the Aquis
Trulieve is still ‘digesting' last year’s $2.1 billion acquisition, regulator coalition advises Congress on cannabis banking, some interesting updates on the Rhode Island legalization bill, Yooma reinstated on the Aquis!
Business of Cannabis: Cannabis News | Cannabis Views | Cannabis Trends
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Show Notes
Another busy Iepisode of "Cannabis Daily" today! Here's what we're covering:
- Trulieve’s CEO Kim Rivers has told Yahoo Finance that the company’s $32 million net loss this past quarter and its 42.8% year-to-date drop in stock is in part down to its acquisition of Harvest Health and Recreation.
- The Cannabis Regulators Association advised Congress on how the current lack of access to financial services negatively impacts both stakeholders and regulators
- Rhode Island’s recently revised cannabis legalization bill would reserve 25% of retail licences for worker-owned co-ops and 25% for social equity applicants. Here's the full story on Marijuana Moment.
- Yooma Wellness which has its headquarters in Toronto is still waiting for the Canadian Securities Exchange to list it again, but it has been reinstated on the Aquis. Here's the scoop from BusinessCann.
As mentioned in the episode - we'd love to get your take on the Rhode Island bill!
Tweet us and let us your thoughts (especially if you fall into either camp), here.
Missed yesterday's episode?
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About Cannabis Daily.
Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.
Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.
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