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Marijuana operator Vext Science to acquire 2 Ohio dispensaries, raise $10M

Arizona-based vertically integrated marijuana operator Vext Science has agreed to acquire two Ohio medical cannabis dispensaries for $9.8 million and plans to raise $10 million in a private placement of…

News October 4
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Hearing set for challenge to adult-use cannabis appearing on Florida ballot

The Florida Supreme Court set a Nov. 8 date to hear oral arguments as to whether an adult-use cannabis legalization initiative can appear on the state's November 2024 ballot.

News October 4
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Marijuana e-commerce platform Leafly regains Nasdaq compliance

Leafly Holdings says it is back in the good graces of the Nasdaq after meeting the stock exchange's minimum bid-price requirement.

News October 4
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Tilray narrows loss to $56 million on record cannabis sales

Canadian cannabis producer Tilray Brands narrowed its loss to $56 million ($77 million Canadian dollars) in the first quarter on record sales of $177 million, the company said in its…

News October 4
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Marijuana lab testing under scrutiny amid recalls, differing rules

State marijuana regulators, producers and other stakeholders are grappling with how to safeguard consumers at a time when lab-testing requirements and enforcement differ dramatically nationwide and large-scale product recalls are…

News October 4
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Missouri regulators award 48 cannabis microbusiness licenses

Missouri has awarded 48 cannabis microbusiness licenses to "marginalized or under-represented individuals."

News October 3
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New York opening license application window for marijuana business licenses

New York regulators on Wednesday will launch an application window for several types of cannabis business licenses, with a priority on social and economic equity (SEE) applicants.

News October 3
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Aurora Cannabis closes bought deal financing, yielding CA$38.8 million

Canadian producer Aurora Cannabis received gross proceeds of 38.8 million Canadian dollars ($28.3 million) from a bought deal offering after the underwriters’ over-allotment option was fully exercised.

News October 3
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Marijuana operator Verano is switching Canadian stock exchanges

Marijuana multistate operator Verano Holdings Corp. is in the process of moving its Canada-listed shares from the Canadian Securities Exchange to the Cboe Canada exchange.

News October 3
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