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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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Marijuana retailer Fire & Flower looks to raise CA$25 million
Canadian cannabis retailer Fire & Flower Holdings aims to raise up to 25 million Canadian dollars ($18 million) via two private placements, the company said Monday. The announcement comes as…
News April 13
COVID-19 could be wake-up call for Mexican legislators to legalize marijuana, local experts say
Mexico is widely expected to miss the April 30 deadline to legalize cannabis, but local industry sources say the coronavirus outbreak might serve as a wake-up call for Mexican lawmakers to…
News April 13
Aurora plans share consolidation to maintain NYSE listing
Canada’s Aurora Cannabis is undertaking a reverse share split by merging its common shares on a 12-to-one basis, effective May 11, in a bid to remain listed on the New…
News April 13
Nevada’s Planet 13 cannabis firm ends $10 million deal to enter California
Nevada-based marijuana company Planet 13 on Monday said it is terminating its $10 million acquisition of a cannabis sales license and lease in California, which would have served as the…
News April 13
How the coronavirus crisis is reshaping the cannabis industry for the long term
Cannabis companies are entering a new normal as the coronavirus pandemic puts stress on every sector of business, fundamentally altering the industry in possibly permanent ways. The COVID-19 outbreak has…
News April 13
Investment veteran Tim Seymour offers his insights on the marijuana sector
As a frequent contributor to CNBC, Tim Seymour is the face of cannabis for the business news network.
News April 12
Week in Review: Cannabis firm iAnthus can’t make interest payments, MA gov sued, COVID-19 causes slide in adult-use marijuana sales & more
Multistate marijuana operator iAnthus defaulted on interest payments, in part blaming the coronavirus. In addition, the New York-based company revealed that its CEO is being investigated for a potential, but…
News April 11
Maine’s adult-use marijuana launch delayed until further notice
The start of Maine’s long-awaited recreational marijuana market was officially postponed on Friday because of the coronavirus pandemic. A new timeline won’t be announced until public health experts deem it appropriate to…
News April 10
Trulieve beats estimates, iAnthus defaults on debt, Harvest in multiple lawsuits & KushCo’s massive reserve for losses
The latest round of cannabis earnings highlight the potential long-term impacts of current conditions, driven by back-to-back crises and other events.
News April 10
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