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Week in Review: CannTrust considers its options, Cresco rebrands, Harvest’s cannabis regulatory tumult & more
Troubled CannTrust hires an adviser to explore a possible sale, Cresco rebrands its dispensaries, Harvest Health & Recreation hits some regulatory snags in Pennsylvania and Ohio - and more of the week’s…
News August 2Marijuana firm CannTrust faces probe by Ontario regulators, police
Cannabis cultivator CannTrust Holdings disclosed the company is under investigation by securities regulators and the police, the latest blow to hit the embattled Ontario firm.
News August 1Aphria latest major Canadian cannabis company to turn a profit
Aphria on Thursday became one of the rare Canadian cannabis companies to report a net profit by posting record net revenues of 128.6 million Canadian dollars ($97.3 million) in its…
News August 1Tennessee treasurer orders state pension fund to sell marijuana investment
Tennessee's treasurer has ordered the state's pension fund manager to sell stock in a marijuana company after learning about the investment.
News August 1Cannex, 4Front complete cannabis merger; trading starts next week
An almost $500 million merger of a Canadian and a U.S. marijuana company closed, months later than originally planned. Vancouver, British Columbia-based Cannex Capital Holdings, a cannabis company with a…
News August 1Harvest working to resolve medical marijuana ownership dispute in Ohio
Harvest Health & Recreation is working with Ohio regulators to resolve ownership questions that put three cannabis dispensaries in limbo and the Arizona company’s cultivation facility in the state under…
News August 1What you need to know about product mix before investing in cannabis
Due diligence helps an investor frame an investment opportunity and, more importantly, to gauge the risks. Experienced investors understand this, but it can be easy to overlook critical elements of…
News August 1First commercial export of nonpsychoactive cannabis from Colombia reaches UK
Bogota-based Clever Leaves announced that the first Colombian shipment of nonpsychoactive cannabis products for commercial sale reached London’s Heathrow Airport on July 27, and the health-related goods cleared customs Wednesday.…
News August 1Cannabis Due Diligence: The importance of understanding product mix
Due diligence helps an investor frame an investment opportunity and, more importantly, to gauge the risks. Experienced investors understand this, but it can be easy to overlook critical elements of…
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