British Columbia cannabis cultivator SpeakEasy Cannabis Club said its 2021 outdoor crop survived this year's heatwave and wildfires "relatively unscathed," with help from a hard-working irrigation system, fire preparation measures and some luck. In a Wednesday news...
The coronavirus pandemic popularized direct-to-consumer cannabis delivery, but marijuana operators say the practice is here to stay.
Forian, the company behind cannabis industry tracking software BioTrackTHC and marijuana analytics software Cannalytics, is raising $24 million in a private placement of convertible notes.
Wealth management firm Merrill Lynch is relaxing its approach to taking on new clients with at least some marijuana-related business assets. "Merrill executives unveiled plans for 'streamlining' and adding more 'flexibility' to the process of onboarding clients who...
Cannabis delivery and technology companies say that Apple’s recent decision to let iPhone apps process marijuana transactions is already bringing benefits after these businesses launched new apps for Apple’s iOS smartphone operating system.
North American cannabis company TerrAscend plans to enter Michigan’s marijuana market after reaching a deal to buy local operator Gage Growth in an all-stock transaction worth $545 million.
Cannabis software provider Treez confirmed its retail point-of-sale software suffered a "partial service degradation," affecting dozens of marijuana retail outlets in the Western United States. Oakland, California-based Treez attributed the...
Vertically integrated California cannabis company Lowell Farms announced the completion of a non-brokered equity private placement worth $18 million.
Kelowna, British Columbia-based marijuana extractor The Valens Co. announced a 54.3 million Canadian dollar ($43 million) deal to acquire premium flower company Citizen Stash Cannabis Corp. The all-stock transaction will see shareholders of...
New York-based marijuana multistate operator Ascend Wellness Holdings said it secured a loan of at least $210 million at a 9.5% per annum interest rate.
Canadian cannabis grower Hexo Corp. priced a public offering to raise $140 million. The offering follows a shelf prospectus supplement that Hexo filed May 25. Proceeds from the share offering will be used to pay part of the cash component of...
Retail sales of legal adult-use cannabis in Canada increased to nearly 318.7 million Canadian dollars ($246.9 million) in June, growing more than 1.7% from the previous record set in May. The seasonally unadjusted national retail sales figure released Friday by...
