M&A, capital raises, share prices, major expansions and financial analysis
Emily Paxhia, a co-founder and managing partner of cannabis hedge fund Poseidon Asset Management, resigned from the board of directors at marijuana multistate operator Ascend Wellness Holdings.
Monthly Canadian sales of legal adult-use cannabis barely increased between August and September, totaling 389.9 million Canadian dollars ($291 million).
Vancouver, British Columbia-based cannabis producer Rubicon Organics said it recorded adjusted EBITDA profitability, net profit from operations and positive free cash flow in its quarter ended Sept. 30.
In a move that could help capital-starved social equity businesses compete with deep-pocketed investors, a U.S. senator introduced a bill that would enable marijuana entrepreneurs to receive Small Business Administration (SBA) loans.
Tony Giorgi, CEO of Sensi Brands, explains why his Canadian cannabis company is profitable and discusses the outlook for the industry.
Canadian cannabis company Entourage Health Corp. is laying off roughly 35% of its staff as it ends its cultivation operations and sources adult-use and medical marijuana from Hexo Corp via a new supply agreement.
Oregon cannabis companies East Fork Cultivars and Peak Extracts have joined forces after a longtime collaboration.
