A cannabis CPG mainstay, recently posted record free cash flow of US$114 million in fiscal 2024, ending December 31, opening the door to pursue new growth opportunities. It closed out the year with a profitable Q4, earning US$0.4 million in net income.
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Weekly Update – Top Cannabis News Stories
1 | Wana Brands brings THC-infused sparkling hemp beverages to Total Wine & More stores nationwide
2 | Simply Solventless announces highly accretive all share deal to acquire Canadabis
3 | Tinley’s announces sales and distribution expansion and name change to Beckett’s Inc.
4 | Cresco Labs’ disciplined strategy drives record cash flow in 2024 financial results
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