Cannabis company Canopy completes acquisition of US operator Acreage
Canadian cannabis operator Canopy Growth Corp. has completed its acquisition of New York-headquartered Acreage Holdings through its American holding company.
Canadian cannabis operator Organigram acquires Motif Labs for CA$90 million
Organigram Holdings, a Canadian licensed cannabis producer, has acquired Motif Labs for 90 million Canadian dollars ($63.6 million).
Marijuana operator Gold Flora facing receivership amid financial challenges
California-based marijuana operator Gold Flora Corp. is facing receivership as it grapples with financial challenges.
Cannabis company SNDL to repurchase up to CA$100 million in stock
SNDL’s board gave the Canadian cannabis and alcohol company the green light to repurchase up to 100 million Canadian dollars ($70.9 million) of its outstanding common shares.
Marijuana stocks tank after Election Day results
Marijuana stocks were reeling Wednesday on the heels of adult-use legalization failures on Election Day in Florida, North Dakota and South Dakota and the grim prospects of national marijuana reform under a second Donald Trump presidency.
Election countdown: Why marijuana capital markets could thrive in 2025
Despite recent setbacks, the investment opportunity in cannabis has never looked brighter. Several major catalysts are in play today that could significantly reshape the industry.
Facing receivership, marijuana operator StateHouse Holdings enters bankruptcy
San Diego-based marijuana operator StateHouse Holdings has entered bankruptcy in Canada after its main lender asked that the company be placed in a receivership.
