Marijuana cultivator Bright Green’s shares suspended from Nasdaq trading
Bright Green Corp., the first plant-touching marijuana business to trade on a major U.S. stock exchange, said its shares have been suspended from trading on the Nasdaq.
Stocks & Publicly Traded Cannabis Companies
Bright Green Corp., the first plant-touching marijuana business to trade on a major U.S. stock exchange, said its shares have been suspended from trading on the Nasdaq.
Cannabis multistate operator Green Thumb Industries’ board authorized a $50 million share-repurchase program over the next 12 months.
The marijuana industry is funding and running the adult-use cannabis legalization campaigns this year without help from legacy nonprofits.
A British American Tobacco subsidiary acquired roughly 4.4 million Organigram common shares and 8.5 million Class A preferred shares for gross proceeds of CA$41.5 million.
Toronto-based Avicanna said it paid off $1.4 million in debt from August 2023 after closing on a nearly $2 million non-brokered private placement of its 6.6 million shares.
For the second year running, the $32.1 billion U.S. cannabis industry will head into the Labor Day holiday weekend on the heels of a major milestone in the Biden administration’s effort to reschedule marijuana.
The board of TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, authorized management to repurchase $10 million of its common shares over the next 12 months.