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Two shareholders of marijuana producer Aphria face US fraud charges

Two Florida residents face charges related to their participation in an alleged insider trading scheme that generated roughly $4 million in profits in 2019, including approximately $2.2 million from trades…

News December 20
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Dutch company buys Texas cannabis grow light firm for $272 million

A Dutch lighting giant signed a definitive agreement to acquire Texas-based Fluence, which provides grow lights to cannabis cultivators and other agricultural companies, for $272 million.

News December 20
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Glass House spending $26 million to acquire marijuana edibles maker Plus

Southern California-based Glass House Brands on Monday said it will acquire marijuana edibles maker Plus Products in a deal worth $26 million.

News December 20
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California marijuana firms struggle to hire workers amid labor shortage

Marijuana companies in California are struggling to recruit and retain quality workers, from consumer-facing budtenders and delivery drivers to operations specialists and packagers.

News December 20
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How to find a cannabis packaging supplier and what to avoid

Finding the right packaging supplier for a marijuana or hemp business can be rife with pitfalls. Supply-chain issues, long lead times, bad culture fits - the list of potential problems…

News December 20
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California cannabis business leaders warn state of ‘collapsing’ industry

In a letter to California Gov. Gavin Newsom and legislative leaders on Friday, a broad group of cannabis industry leaders warned that the state’s licensed marijuana market is on the…

News December 17
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Alaska marijuana grower faces criminal charge for alleged unpaid tax

A marijuana grower in Alaska could receive felony charges for allegedly not paying nearly $700,000 in state taxes.

News December 17
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Marijuana MSO Acreage secures up to $150M loan from AFC Gamma, Viridescent

Two real estate lenders teamed up to lend $100 million to multistate cannabis operator Acreage Holdings, with an option for an additional $50 million.

News December 17
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Marijuana MSO Acreage secures up to $150 million loan

Two real estate lenders teamed up to lend $100 million to multistate cannabis operator Acreage Holdings, with an option for an additional $50 million.

News December 17
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