Multistate operator Jushi Holdings is trying to improve its efficiency and margins as it hopes for new adult-use cannabis markets in 2024.
Solomon Israel
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The Cannabist looks to marijuana wholesale after ‘arduous 2023’
Marijuana multistate operator The Cannabist Co. is trying to improve its wholesale business as it moves on from what CEO David Hart described as “an arduous 2023.”
Exploring cannabis as medicine: Q&A with researcher Jean Talleyrand
California-based Jean Talley sat down with MJBizDaily to share his perspective about medical cannabis research.
Cannabis MSO Ascend Wellness expecting 280E tax refunds
Multistate cannabis operator Ascend Wellness Holdings says it has filed amended federal tax returns for several years and expects to receive refunds, becoming the latest U.S. marijuana company to seek the return of tariffs paid under Section 280E of the Internal Revenue Code.
‘Much more stable’ marijuana landscape in 2024, CEO of NewLake REIT says
This year is “a much more stable landscape” for the marijuana sector than in 2023, the CEO of cannabis industry real estate investment trust (REIT) NewLake Capital Partners said as the company reported its fourth-quarter earnings.
AFC Gamma is looking to finance ‘unburdened’ cannabis borrowers
Publicly traded cannabis industry lender AFC Gamma reported nearly $16 million in net interest income for its fourth quarter ended Dec. 31, down 18.9% from the same quarter a year before.
Curaleaf grows 2023 revenue to $1.35B, looks to new marijuana markets
Major marijuana multistate operator Curaleaf Holdings posted $345.3 million in net revenue for the fourth quarter of 2023, an increase of 1.5% over the same quarter the year before and 3.6% over the third quarter.
Marijuana MSO Planet 13 prices public offering to raise $11.3 million
Marijuana multistate operator Planet 13 Holdings has priced a public offering to raise gross proceeds of at least $11.3 million.
New Mexico’s combined marijuana sales surpass $1 billion
Combined sales of legal medical and recreational marijuana in New Mexico have set a record, surpassing $1 billion less than two years after the state launched its adult-use market.
Aurora Cannabis repays remainder of convertible senior debt
Aurora Cannabis says it has repaid the remaining balance of its convertible senior notes, a landmark in the Canadian producer’s efforts to cut its debt and save on interest payments.
Trulieve Cannabis reports receiving $113 million in 280E tax refunds
Marijuana multistate operator Trulieve Cannabis Corp. revealed that it has received $113 million worth of tax refunds as it challenges what it owes under Section 280E of the Internal Revenue Code.
Marijuana tech company Agrify prices public offering to raise $2.6 million
Marijuana technology company Agrify Corp. has priced a public offering to raise gross proceeds of $2.6 million.
