An Oregon judge dismissed some of the claims against cannabis entrepreneur Nitin Khanna in a legal battle involving Curaleaf Holdings Executive Chair Boris Jordan, but the court battle continues.
The cannabis retail regulator in Ontario, Canada, is warning licensed retailers against selling their inventory to “unlicensed third parties upon the closure of the store.”
Multistate marijuana company TerrAscend Corp. has taken a senior secured term loan from cannabis real estate lender Pelorus Equity Group for gross proceeds of $45.5 million.
Hemp-derived CBD product maker Charlotte’s Web Holdings signed a distribution agreement with major liquor distributor Southern Glazer’s Wine & Spirits.
Shares of publicly traded cannabis companies surged late Thursday and then declined Friday morning after U.S. President Joe Biden’s surprise announcement that he would direct the government to review the federal drug scheduling of marijuana and issue pardons for federal MJ-possession offenses.
Canadian marijuana company Aurora Cannabis reduced its debt load by repurchasing roughly 31.3 million Canadian dollars ($23 million) worth of its convertible senior notes.
Marijuana finance executive Justin Costello, former CEO of Seattle-based GRN Funds, has been arrested after allegedly going on the run following a criminal indictment by the U.S. Department of Justice.
Federally licensed cannabis producers in British Columbia, Canada, can apply to sell adult-use products from stores at their cultivation sites beginning Nov. 3 as the province prepares to launch its long-awaited cannabis farm-gate program.
International medical cannabis company Akanda Corp. says its shares could be delisted from the Nasdaq Capital Market after the stock exchange gave notice that the bid price of Akanda’s shares had fallen below its required minimum.
Special purpose acquisition company (SPAC) Northern Lights Acquisition closed its acquisition of cannabis financial institution Safe Harbor Financial, taking the company public on the Nasdaq Capital Market and changing its name to SHF Holdings.
Cannabis industry ancillary products company Greenlane Holdings sold its corporate headquarters in Boca Raton, Florida, for nearly $10 million.
Canadian cannabis producer Sugarbud Craft Growers Corp. is seeking creditor protection.
