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Cannabis Business Info Since 2011

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Finance

MJBizDaily is your source for mergers and acquisitions, capital raises, share prices, major expansions and financial analysis in the cannabis industry.

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Auxly Cannabis reaches ‘turning point’ with closing of 2 transactions

By MJBizDaily Staff · July 8, 2025
Auxly Cannabis Group has closed on two transactions intended to reduce the Canadian operator's debt and strengthen its financial position. Read More

2 board members, including Kris Krane, resign from marijuana operator 4Front

By MJBizDaily Staff · June 30, 2025

Maine hikes adult-use marijuana tax 40%; consumption lounge bill stalls

By MJBizDaily Staff · June 27, 2025

How private credit built – and will continue to sustain – the marijuana industry

By Jarrett Annenberg, Guest Columnist · June 27, 2025

Principals of cannabis ad platform Weedmaps back out of stock purchase

By MJBizDaily Staff · June 26, 2025

California lawmakers fail to include cannabis tax relief in budget bill

Faint hopes for California cannabis industry excise tax relief evaporated Wednesday when lawmakers failed to squeeze a freeze on the levy into a state budget bill.

June 26, 2025
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Ayr dismisses talk of Connecticut exit amid its other marijuana consolidations

Ayr Wellness’s struggles with debt and losses are known, but Connecticut is also proving a tough market for all cannabis operators.

June 23, 2025
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Cannabis companies still standing after reset are ‘well positioned to thrive’

The correction the cannabis industry has experienced over the past five years has reset expectations and valuations to rational levels.

June 20, 2025
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Aurora Cannabis denies reports it acquired another operator

Canadian operator Aurora Cannabis denied reports that it had agreed to acquire New Zealand-based MedLeaf Therapeutics.

June 18, 2025
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Cannabis company 4Front Ventures files for bankruptcy in Canada

Phoenix-based cannabis operator 4Front Ventures Corp. has initiated bankruptcy proceedings in Canada under that country’s Bankruptcy and Insolvency Act.

June 13, 2025
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Minnesota adult-use marijuana sales haven’t begun, but taxes already raised

It’s still uncertain when adult-use marijuana sales will begin in Minnesota, but when they do, customers will pay some of the highest cannabis taxes in the United States.

June 12, 2025
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Cannabis companies ineligible for ERC tax refunds, federal court rules

A U.S. district court has ruled that state-regulated cannabis companies are not eligible for tax refunds under the Employee Retention Credit (ERC) program that helped businesses continue to pay workers when companies were shut down during the COVID-19 pandemic.

June 12, 2025
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