Minneapolis-based Vireo Health International said it has filed a preliminary prospectus in Canada to sell as much as 260 million Canadian dollars ($200 million) in securities if and when market opportunities permit. Such a shelf offering doesn’t mean a company will...
Fast-growing multistate cannabis operator Jushi Holdings said it will invest $50 million to expand its Pennsylvania cultivation and processing facility to meet increasing market demand. The Florida-based MSO plans to expand the facility in Scranton from 90,000 square...
Canada-based cannabis operator Liberty Health Sciences said it agreed to settle a 2019 securities fraud class action lawsuit for $1.8 million. The settlement is “made without any admission or finding of liability and is subject to court approval,” Liberty Health noted...
Multistate marijuana operator Harvest Health & Recreation said it has settled litigation in connection with the Washington state portion of an $85.8 million deal the company announced last March to buy the Seattle-based Have a Heart retail group. [include_post...
Two key New Jersey legislative budget committees advanced a recreational cannabis implementation measure, but differences in the Assembly and Senate versions must be resolved before a full-floor vote. New Jersey lawmakers are moving rapidly...
Recreational marijuana legalization victories at the ballot box in Arizona and New Jersey this month have set the table for adult-use legalization in a handful of nearby states in 2021 – with more than $6 billion in business opportunities possibly up for grabs within a few years.
A group of unsuccessful medical marijuana license applicants is trying to compel New Jersey officials to settle a case that continues to stall program expansion in advance of an adult-use market in the state.
A new chair of the U.S. Senate Banking Committee could pump fresh life into stalled cannabis banking reform – even if Republicans maintain control of the upper chamber when the next Congress convenes in January.
Marijuana multistate operator Curaleaf Holdings announced Tuesday record quarterly sales and an impending CEO change to a consumer packaged goods veteran
New Mexico’s medical marijuana advisory board recommended that purchase limits be nearly doubled to 15 ounces over 90 days, a move that likely would boost sales in the fast-growing program.
Virginia’s governor said he plans to push for legalizing an adult-use marijuana market during the 2021 state legislative session. Gov. Ralph Northam’s comments came Monday, the Associated Press reported, on the heels of voters in New Jersey approving a referendum to...
Multistate marijuana operator Harvest Health & Recreation said it has completed the sale of its Arkansas medical marijuana operations for $25 million, a move to allow the company to focus on markets such as Arizona. Arizona-based Harvest Health said it netted...
