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Aurora Cannabis buys back $20 million worth of convertible debt
Aurora Cannabis has bought back roughly $20 million worth of convertible senior notes to reduce debt and "annual cash interest costs."
News June 3
Vermont OKs seven more recreational marijuana cultivation licenses
Seven additional cannabis grow licenses were approved in Vermont as the state increases suppliers for a recreational marijuana market that's expected to launch in October.
News June 3
New Mexico cannabis sales hit nearly $39 million in May
Recreational and medical cannabis sales in New Mexico topped $38.5 million in May, according to the state's marijuana regulator.
News June 3
Silver Spike, others lend up to $170M to CA marijuana company Shryne Group
Silver Spike Investment Corp. co-led a loan worth up to $170 million to privately held California marijuana grower, manufacturer and retailer Shryne Group.
News June 3
California targets cannabis businesses over unpaid taxes
California’s business tax collector is ramping up enforcement against unlicensed and licensed cannabis companies, which owe the state nearly $200 million in unpaid taxes.
News June 3
North Carolina Senate passes medical marijuana legalization bill
North Carolina's state Senate on Thursday gave its initial approval to a restrictive, limited-license medical marijuana bill by an overwhelming vote of 35-10, but a Democratic senator expressed concerns that…
News June 2
Alimentation Couche-Tard exec takes helm of cannabis retailer Fire & Flower
Canadian cannabis retailer Fire & Flower appointed Stéphane Trudel as chief executive officer, effective immediately, the company announced Thursday.
News June 2
New York approves more adult-use marijuana grow licenses, draft rules
The New York Cannabis Control Board signed off on 16 more conditional adult-use marijuana cultivation licenses along with a slew of proposed industry rules.
News June 2
Ontario Cannabis Store data breach raises credibility, security concerns
The credibility of the government-run Ontario Cannabis Store is at stake after sensitive industry data was misappropriated and leaked, according to experts.
News June 2
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