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Finance

M&A, capital raises, share prices, major expansions and financial analysis

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US cannabis firms could gain from Canadian Securities Exchange plan

By MJBizDaily Staff · March 31, 2023
The Canadian Securities Exchange's (CSE) new senior tier could offer U.S. cannabis companies lower capital costs and a broader investor base. Thirty-nine of the 108 companies that will graduate to the new tier starting in May are cannabis businesses, according to the Globe and Mail. “The ultimate object of the exercise here is Read More

Paychex ceasing direct deposits, other services to cannabis firms

By · March 31, 2023

Cannabis vape hardware firm Greentank raises $16.5 million

By MJBizDaily Staff · March 31, 2023

Marijuana financier Safe Harbor resolves $64.7 million debt

By MJBizDaily Staff · March 30, 2023

Curaleaf acquires Utah medical cannabis retailer for $20 million

By MJBizDaily Staff · March 30, 2023

Marijuana lender Sweet Leaf Madison Capital closes $100 million debt facility

Marijuana industry finance company Sweet Leaf Madison Capital closed a $100 million debt facility, which could be increased to $200 million.

March 30, 2023
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Canadian marijuana retail chain Nova reports reduced net loss for 2022

Nova Cannabis, the Canadian marijuana retailer behind the Value Buds discount chain, reported a net loss of 11.2 million Canadian dollars ($8.2 million) for its 2022 fiscal year, an improvement from a $20.6 million net loss in 2021.

March 29, 2023
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Marijuana tech firm Leafly pivots from news journalism to consumer content

Seattle-based cannabis e-commerce site Leafly Holdings is pivoting away from reporting on the marijuana industry and will instead focus on providing consumer-oriented content such as information about products.

March 28, 2023
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Cannabis retailer Fire & Flower ends year with CA$89 million loss

Toronto-based cannabis retailer Fire & Flower ended its 2022 fiscal year with a loss of 89.5 million Canadian dollars ($66 million), according to financial and operational results released Tuesday.

March 28, 2023
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Aurora Cannabis warned by Nasdaq about low stock price

Aurora Cannabis has been notified by the Nasdaq that it does not meet the stock exchange’s listing standards after its stock price fell below the $1 minimum bid price requirement for 30 days in a row.

March 27, 2023
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2nd lawsuit filed against cannabis REIT Innovative Industrial Properties

Legal woes are piling on for Innovative Industrial Properties, as another shareholder has accused the cannabis-focused real estate investment trust of misleading investors about its due diligence on a key California-based marijuana company.

March 22, 2023
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Marijuana MSO TerrAscend could list on Toronto Stock Exchange by summer

Marijuana multistate operator TerrAscend Corp. could become the first U.S. plant-touching company to list on the Toronto Stock Exchange by this summer if the restructuring plan it shared with shareholders and analysts wins TSX approval.

March 22, 2023
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Latest News

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All U.S. Briefs Canada Finance Medical & Recreational Stocks 

US cannabis firms could gain from Canadian Securities Exchange plan

March 31, 2023 Kate Robertson
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All U.S. Briefs Legal Massachusetts Medical & Recreational Retail 

Massachusetts closes marijuana dispensary after owner posts threatening video

March 31, 2023 Chris Roberts
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All U.S. Ancillary Briefs Finance Medical & Recreational New York Recreational 

Paychex ceasing direct deposits, other services to cannabis firms

March 31, 2023 Kate Robertson
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All U.S. Briefs Cultivation Kentucky Legal Medical & Recreational Retail 

Kentucky governor signs medical marijuana legalization bill into law

March 31, 2023 Chris Roberts
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All U.S. Ancillary Briefs Canada Extraction Finance International Manufacturing Medical & Recreational Recreational 

Cannabis vape hardware firm Greentank raises $16.5 million

March 31, 2023March 31, 2023 Solomon Israel
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