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Cannabis MSO Ascend prepares for uplisting to US exchange

The company filed a proxy statement with the SEC and called a meeting of stockholders to vote on a reverse stock split.

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Latest Posts

Image of Curaleaf's cultivation facility in Mt. Dora, Florida.

Plant scientist unifies cannabis breeding practices for multistate operator

One of the challenges facing multistate marijuana operators is standardizing cultivation procedures for facilities in various markets.

News March 2

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Court orders Missouri to grant marijuana grow license after technical oversight

A regulatory miscue prompted a Missouri judge to side with a medical marijuana cultivator and grant the company a license.

News March 1

Las Vegas approves cannabis consumption lounge rules

The Las Vegas City Council on Wednesday approved regulations for cannabis consumption lounges in one of the industry’s most-watched markets for cannatourism and hospitality innovation.

News March 1

Tennessee lawmakers reject medical marijuana bill

A state Senate committee in Tennessee rejected a Republican-sponsored medical marijuana bill.

News March 1

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Metrc threatens to close accounts of Michigan cannabis firms over late payments

Track-and-trace software provider Metrc is threatening to shutter the accounts of what could be dozens of Michigan cannabis companies over missed monthly payments, creating turmoil in the roughly $2 billion…

News March 1

Marijuana MSO MariMed appoints CEO, board chair

Massachusetts-based marijuana multistate operator MariMed appointed Jon Levine as permanent chief executive officer and Edward Gildea as chair of the board of directors.

News March 1

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Cannabis lender Chicago Atlantic extends credit facility by one year

Cannabis real estate financing company Chicago Atlantic Real Estate Finance extended its $92.5 million secured revolving credit facility by an additional year.

News March 1

Image of the entrance to Bright Green.'s 22-acre agricultural facility in Grants, New Mexico.

Marijuana firm Bright Green’s immigrant fundraising plan draws scrutiny

Nasdaq-traded marijuana company Bright Green Corp. is again attracting scrutiny and questions, this time for its audacious plan to raise $500 million through a federal investment program that targets immigrant…

News March 1

Cannabis producer Cronos Group ends year with $168.7 million loss

Canadian cannabis producer Cronos Group lost $78.9 million in its fourth quarter ended Dec. 31, bringing the company's net loss for the year to $168.7 million.

News February 28