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Lessons from Aurora Cannabis’ bought deal financing
Aurora Cannabis has arranged new financing via a “bought deal.” What is that, and is it important to…
News June 1Marijuana MSO Curaleaf faces class action claim over mislabeled drops
A 77-year-old Oregon resident sued marijuana multistate operator Curaleaf Holdings, seeking class action status for hundreds of consumers…
News June 1Deadline nears to weigh in on FDA cannabinoid supplement review
Cannabinoid manufacturers have less than a week to submit data and comments to U.S. health regulators considering whether…
News June 1California marijuana executive sentenced to 22 months in prison
California marijuana entrepreneur Helios Dayspring was sentenced to 22 months in federal prison after pleading guilty to bribery…
News June 1Aurora Cannabis closes bought deal financing, yielding $172.5 million
Canadian marijuana producer Aurora Cannabis said it received gross proceeds of $172.5 million from a bought deal offering…
News June 1Marijuana multistate operators see sluggish revenue, losses in first quarter
Most of the largest U.S. marijuana multistate operators experienced revenue declines in the first quarter of 2022 versus…
News June 1Cannabis tech firm Akerna cuts 59 employees as part of restructuring
Akerna, a Denver-based cannabis compliance software company, is implementing a financial restructuring plan that includes reducing its workforce…
News May 31Connecticut scraps municipal limit on marijuana retail stores, small grows
Connecticut legislators removed a rule that limited the number of marijuana micro-grows and retail operations in a municipality,…
News May 31Illinois judge lifts court order, paving way for 185 new cannabis retail licenses
An Illinois judge has lifted a court order standing in the way of 185 new business licenses being…
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