Marygold Cos Inc-The

Marygold Cos Inc-The has announced the sale of its Canadian subsidiary, Brigadier Security Systems, to SKCAL LLC for $2.2 million, a strategic move to streamline operations and focus on core competencies.

Marygold Cos Inc-The, a unique player in the financial sector, faces significant challenges, including a declining stock price and lack of profitability, as it navigates the volatile capital markets landscape.