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GOODNESS GROWTH HLDGS INC (GDNSF) is a leading player in the cannabis industry, focusing on cultivation, processing, and distribution of high-quality cannabis products. With a strong presence in multiple states, the company is known for its innovative approach, premium offerings, and commitment to sustainability. They have recently expanded their product line, entered new markets, and formed strategic partnerships to drive growth and profitability. Goodness Growth's financial health is robust, with steady revenue growth and a solid balance sheet. Their dedicated team and customer-centric approach set them apart in the competitive cannabis landscape.
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ACE Ventures, , a minority-owned business, plans to acquire Vireo Health of New York for $3 to $5 million, with an additional $20 million investment for development. Goodness Growth will retain a 15% share of net profits with a collaborative advisory agreement. The transaction is expected to be completed by June 30, 2024.
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Goodness Growth Holdings, Inc. reschedules fourth quarter and full year results conference call due to scheduling conflicts. The call will now take place on April 1, 2024, after the market closes. Interested parties can join the call to discuss the company's performance.
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Goodness Growth Holdings, Inc. announces the release of its financial results for Q4 and full year 2023, with a conference call scheduled for March 28, 2024. The company aims to discuss its performance and engage with the investment community.
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Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF) announced the departure of General Counsel and Chief Compliance Officer, Michael Schroeder, who will be joining Venture Medical, LLC. The company plans to retain external legal counsel on an interim basis and continue compliance procedures through a mix of internal and external resources. Interim CEO Josh Rosen expressed gratitude for Schroeder's contributions and highlighted the company's efforts to maintain a strong standard of excellence across its operating state markets.
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Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF) reported Q3 revenue of $24.7 million, a 44.0% YoY increase, driven by adult-use activation in Maryland. Operating income reflects Maryland's performance, but the New York divestiture process is taking longer than anticipated.
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Goodness Growth Holdings, Inc. will release its financial results for Q3 2023 on November 14, 2023. The management will host a conference call to discuss the results. Interested parties can attend the call or access the webcast.
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Goodness Growth Holdings, Inc. has executed a fifth amendment to its lease for its cannabis cultivation and manufacturing facilities in Johnstown, New York. The amendment includes an additional $14.0 million for tenant improvements and a monthly base rental increase of $210,000 starting in November 2023.
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Goodness Growth and Grown Rogue complete issuance of warrants to purchase listed shares
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Goodness Growth Holdings, Inc. announced that their CFO, John Heller, will depart the Company to accept a new opportunity. Interim CEO Josh Rosen will assume the additional role of Interim CFO. The company expresses gratitude for Heller's contributions and believes they can fulfill CFO responsibilities with existing resources. They highlight the talent developed by Heller who will take on greater responsibility. The departure of the CFO may have an impact on the company's financial management.
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FAQ
What is the current stock price of GOODNESS GROWTH HLDGS (GDNSF)?
The current stock price of GOODNESS GROWTH HLDGS (GDNSF) is $0.44 as of July 5, 2024.
What is the market cap of GOODNESS GROWTH HLDGS (GDNSF)?
The market cap of GOODNESS GROWTH HLDGS (GDNSF) is approximately 61.0M.
What does GOODNESS GROWTH HLDGS INC do?
GOODNESS GROWTH HLDGS INC is a prominent player in the cannabis industry, focusing on cultivation, processing, and distribution of high-quality cannabis products.
What are some recent achievements of GOODNESS GROWTH HLDGS INC?
GOODNESS GROWTH HLDGS INC has expanded their product line, entered new markets, and formed strategic partnerships to drive growth and profitability.
How is the financial condition of GOODNESS GROWTH HLDGS INC?
GOODNESS GROWTH HLDGS INC's financial health is robust, with steady revenue growth and a solid balance sheet.
What sets GOODNESS GROWTH HLDGS INC apart in the cannabis industry?
GOODNESS GROWTH HLDGS INC is known for its innovative approach, premium offerings, and commitment to sustainability. Their dedicated team and customer-centric approach set them apart in the competitive cannabis landscape.
GOODNESS GROWTH HLDGS INC
OTC:GDNSF
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61.05M
Pharmaceutical Preparation Manufacturing
Manufacturing
United States of America
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