New CEO aims to transform Safe Harbor from cannabis lending to fintech
Terry Mendez is implementing sweeping changes at Safe Harbor Financial to diversify its core business and improve its standing as a publicly traded company.
California’s Glass House secures $50 million credit line
California vertically-integrated cannabis company Glass House secured a new $50 million credit line.
MariMed closes $11 million acquisition of Delaware marijuana company
Massachusetts-based marijuana multistate operator MariMed has closed on its $11 million acquisition of First State Compassion Center in Delaware.
Green Thumb CEO has dire outlook on federal marijuana reform prospects
Green Thumb Industries CEO Ben Kovler offered a bleak outlook on national marijuana reform and sharp criticism of federal agencies under the Trump administration during a recent earnings call.
Marijuana cultivator Bright Green to file for bankruptcy protection
Marijuana cultivator Bright Green Corp. plans to file for Chapter 11 bankruptcy reorganization after reaching an agreement with major shareholder Lynn Stockwell, who will become the company’s new CEO and chair.
Why 2025 could be a banner year for cannabis investors
Today’s cannabis market environment presents an unparalleled opportunity for investors, thanks to unique deal structures and compelling valuations.
Marijuana vape company Ispire launches $10 million stock-repurchase program
Ispire Technology’s board has authorized the repurchase of up to $10 million in shares of the marijuana vaping hardware company’s common stock in the next 24 months.
