Canadian cannabis producer Canopy Growth appointed Sumayyah Emeh-Edu as its first vice president of diversity, equity and inclusion. Emeh-Edu previously worked as the director of diversity and inclusion strategy at financial services firm Charles Schwab. [include_post...
Missouri’s marijuana regulator is asking a court to throw out a February decision that granted medical marijuana cultivation licenses to related businesses Heya Kirksville and Heya Excello.
48North Cannabis pulled the plug on outdoor marijuana production at its farm in Brant County, Ontario, signaling the changing thinking on the value of low-cost outdoor production in an industry facing a major supply glut. The outdoor cultivation site was previously...
Multistate cannabis company Vireo Health International closed the first tranche of a senior secured loan worth $23.5 million.
As far as Chris Jones is concerned, sometimes you have to go small to make it big.
The veteran marijuana retail operator is wagering that small, convenience-style locations are the key to sustainable retail profitability in Ontario, the largest recreational cannabis market in Canada.
Ontario's monopoly cannabis wholesaler and online retailer, the Ontario Cannabis Store (OCS), is forecasted to contribute 170 million Canadian dollars ($135 million) to provincial coffers for the 2021-2022 fiscal year, according to Ontario's newly-released 2021...
AFC Gamma, which offers real estate loans to legal marijuana companies, priced its initial public offering on the Nasdaq exchange to raise net proceeds of roughly $118.8 million before underwriting discounts, commissions and other expenses. According to a news...
Marijuana e-commerce platform I Heart Jane suffered a slowdown on Wednesday that impacted an unknown number of recreational and medical cannabis retailers that rely on the software. I Heart Jane is used by at least 1,700 "dispensaries and brands across 33 state...
Smiths Falls, Ontario-based cannabis producer Canopy Growth has taken out a senior secured loan worth $750 million ($932 million Canadian dollars) - with the possibility of borrowing $500 million more - in a deal with investment management firm King Street Capital...
Despite challenges such as rapid regulatory change, shifting public-health demands and economic uncertainty, cannabis retailers say the first year of the COVID-19 pandemic has driven beneficial changes to their business models.
Cannabis retail technology platform Dutchie has raised $200 million in a Series C funding round it says values the company at $1.7 billion.
Regulated recreational marijuana stores are coming to untapped Colorado markets after pro-marijuana ballot wins last November. Voters in eight Colorado municipalities voted in last November's election to allow recreational marijuana sales in the 2020 election, and the...
