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Cannabis tech company Akerna moves to raise $10 million as stock falls
Struggling cannabis technology company Akerna is seeking to raise $10 million in capital in part to meet its debt obligations and other expenses.
News June 30
Minnesota THC expansion leads raft of new laws on hemp extracts, intoxicants
A first-of-its-kind law allowing THC sales in outlets other than medical marijuana dispensaries takes effect Friday in Minnesota, one of several states where statues will change the rules for hemp-derived…
News June 30
Green Thumb nets $55 million from IIP in amended marijuana lease
Marijuana real estate company Innovative Industrial Properties (IIP) amended a lease on a cannabis cultivation and processing property in Danville, Pennsylvania, operated by Green Thumb Industries, yielding a $55 million…
News June 30
Cannabis producer Canopy swaps shares for $255 million of its debt
Canadian cannabis producer Canopy Growth reached a deal with noteholders to trade 255.4 million Canadian dollars ($198 million) of debt for shares and cash, thereby reducing a substantial portion of…
News June 30
Marijuana TV ads might be protected from FCC under new bill in Congress
Marijuana companies might soon have the option of running television advertisements without fear of federal intervention under a new bill advanced by the U.S. House Appropriations Committee.
News June 30
Will a looming recession sink the cannabis industry, or will it stay afloat?
As analysts offer a wide range of predictions about the possibility of a prolonged downturn in the United States economy, cannabis industry executives are hoping it will remain relatively recession-proof.
News June 30
Know your cannabis business’ overhead ratio
How much is too much overhead is a trick question. Focus on overhead as a ratio, as a percent of revenue, not an absolute dollar amount.
News June 29
DC to allow ‘self-certification’ for all medical marijuana patients
Younger cannabis consumers in the nation's capital will no longer need a doctor's recommendation to visit one of Washington DC's seven medical marijuana dispensaries.
News June 29
Cannabis producer Tilray will cover travel costs for reproductive care in US
New York-headquartered cannabis producer Tilray Brands said it will cover travel and accommodation expenses, and provide paid time off, for its United States-based employees who need to travel out of…
News June 29
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