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Lisa Bernard-Kuhn

Lisa is an award-winning business reporter specializing in finance and public companies in the cannabis industry for Marijuana Business Daily. Previously, she worked as an investigative reporter at WCPO-9, an affiliate of the ABC network. She has extensive business reporting experience, covering public companies, real estate and health care for newspapers including The Cincinnati Enquirer and Dayton Daily News. Her work has garnered several awards from the Associated Press, Cleveland Press Club and Society of Professional Journalists. She is based in Cincinnati, Ohio.


Two California marijuana firms close Series A funding rounds totaling $11M

Two Oakland, California-based marijuana firms have their sights set on expansion after closing on Series A funding rounds that together totaled $11 million. Marijuana manufacturer Sublime Canna closed on a $6.2 million financing round – capital that will be used for new equipment, new staff and to expand its product offerings. The company is planning […]

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New SBA lending rules could curb loans to marijuana and hemp businesses

The U.S. Small Business Administration updated its lending guidelines with new rules that could have a major impact on businesses servicing the marijuana and hemp industries – not just plant-touching companies. The revised guidance, published in early April, prohibits banks from issuing SBA-backed loans to any company that has a direct business relationship with a cannabis or […]

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Canadian cannabis grower Green Organic Dutchman ups likely proceeds from IPO

Green Organic Dutchman, a Canada-based medical marijuana grower, has revised upward the proceeds the company expects to generate from its upcoming initial public offering on the Toronto Stock Exchange, reflecting stronger investor demand. The Toronto company said it now expects to raise between a minimum of $102 million Canadian dollars ($79 million) through the sale of 28,000 […]

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Medical cannabis firm AltMed lands $35.4 million to bolster US, international growth

Alternative Medical Enterprises, a multistate medical marijuana producer and dispensary operator, has secured $35.4 million in a private placement financing from a Pennsylvania-based investment group. The massive investment will allow the Sarasota, Florida-based firm to launch a major expansion in the United States and internationally, said Matthew Duffy, president and chief operating officer of the […]

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Organigram’s quarterly earnings rebound, boosted by sales of marijuana oil, flower

Massive sales spikes in cannabis oil and flower boosted both profits and sales for Organigram Holdings, as the Canadian company returned to the black during the latest quarter while it charts a path for international expansion. The Moncton, New Brunswick-based licensed cultivator posted net income of 1.1 million Canadian dollars ($860,000) in the three months ended Feb. […]

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Weathering California’s marijuana transition: Q&A with cultivation expert Kristin Nevedal

In the patchwork world of U.S. cannabis laws, California’s move toward a more highly regulated market is a “rodeo” worth watching, says Kristin Nevedal. The chief compliance officer at SunFed, the parent company of California-based Humboldt’s Finest, has been on the front line of the Golden State’s transition to a fully legal market. While California […]

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Marijuana-infused products maker Dixie Brands lands $4M in funding

Dixie Brands, a marijuana-infused products maker in Denver, landed $4 million in its latest funding round. The company is the parent of Dixie Elixirs, which offers a range of cannabis-infused drinks, sweets, topical ointments and other products. Dixie Brands CEO Chuck Smith said the money will be used for product and distribution expansion, according to BusinessDen.com. […]

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Canada’s CannaRoyalty continues California cannabis investment spree

CannaRoyalty signed a multimillion-dollar deal to acquire FloraCal Farms, a move that expands the Ontario-based firm’s California portfolio. Highlights of the transaction include: Total purchase price of Sonoma County-based FloraCal includes 1.3 million Canadian dollars ($1 million) in cash and 3.5 million shares of CannaRoyalty. CannaRoyalty will provide an additional CA$3.8 million in cash and 3.5 million […]

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Marijuana startup lands $17 million from Tiger Global, Snoop Dogg

Green Bits, a compliance software developer for the cannabis industry, has landed a $17 million investment led by New York-based Tiger Global. Tiger Global’s stake in Green Bits marks a big win for the growing startup. Tiger’s investment portfolio boasts a who’s-who of startups turned giants, including Facebook, Amazon and Netflix. It’s also a signal […]

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Stock-based compensation drives up MassRoots’ red ink to $44M in 2017

Turmoil-plagued marijuana tech company MassRoots suffered a $44.3 million loss in 2017, a large portion of which can be attributed to $22 million in stock-based compensation the company handed out during the year. Losses in 2016 totaled $18 million. The Denver-based company’s annual report, filed Tuesday with the U.S. Securities and Exchange Commission, also revealed the […]

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