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Cannabis producer Organigram reports modest positive adjusted EBITDA
Organigram reported positive adjusted EBITDA of 1.6 million Canadian dollars ($1.27 million) on the back of growing international medical cannabis sales in the second quarter, marking a key milestone for…
News April 12Virginia governor OKs delta-8 THC ban, changes to medical marijuana program
Virginia is the latest state to ban delta-8 THC products, with Gov. Glenn Youngkin waiting until the final day allowable to approve a bill that also limits the sale of…
News April 12Cannabis workers at 2 Acreage locations in New Jersey agree to unionize
More than 60 cannabis workers at two of Acreage Holdings' The Botanist locations in New Jersey are joining the United Food and Commercial Workers (UCFCW).
News April 12Several states still in play to legalize marijuana through legislatures
More than a half-dozen states remain in play to potentially legalize medical or recreational marijuana through their legislatures this year, with much of the activity focused along the East Coast.
News April 12Hexo, Tilray finalize cannabis deal for debt purchase, ‘strategic alliance’
Major Canadian cannabis producers Hexo and Tilray Brands signed a definitive agreement for a "strategic alliance," with Tilray acquiring Hexo debt in exchange for the right to purchase Hexo shares.
News April 12New Jersey gives adult-use marijuana green light to 7 multistate operators
More than a half-dozen existing medical marijuana operators in New Jersey - all large multistate operators - soon will be launching the state’s projected billion-dollar adult-use market.
News April 11Cannabis MSO TerrAscend expands in Maryland with $11.7 million deal
TerrAscend entered a definitive agreement to acquire a Maryland medical cannabis dispensary for $11.7 million, a deal that will enable the multistate operator to complete a vertical operation in the…
News April 11Massachusetts marijuana social equity bill passes state Senate
A Massachusetts bill that would create a fund to help marijuana social equity applicants access capital passed the state Senate.
News April 11Cannabis lender Pelorus closes second tranche of $77.3M Harborside financing
Cannabis industry real estate lender Pelorus Equity Group closed the second tranche of its $77.3 million loan to California marijuana company Harborside.
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