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Poll: Is coronavirus, or something else, your top cannabis business concern?
As the coronavirus rattles broader stock markets around the world, it is also making it even harder for cannabis companies to raise money from investors in an already-tight funding environment.…
News March 6Coronavirus will compound financial pressures for cannabis companies but also provide openings for investors
As the coronavirus rattles broader stock markets around the world, it is also making it even harder for cannabis companies to raise money from investors in an already-tight funding environment.
News March 6Canadian indoor grow capacity to decline 7% on Canopy’s announced cuts
New Canopy Growth CEO David Klein is already imposing discipline upon the Canadian market by closing a staggering 58% of the Ontario company's existing indoor production capacity and 29% of…
News March 5Utah’s top medical marijuana regulator is stepping down
Less than a week after the first medical marijuana dispensary in Utah opened its doors, the state’s top cannabis regulator announced he is resigning. Andrew Rigby, director of the state’s…
News March 5Ontario Cannabis Store releases first annual report covering legalization
The government-owned Ontario Cannabis Store released its first annual report covering the period marijuana was legalized in Canada, roughly 17 months ago, for a fiscal year that started almost two…
News March 5Investors target distressed cannabis companies for new opportunities
Could it be a win-win deal? An increasing number of investors - including mainstream investment banks new to cannabis - have begun seeking out cash-strapped marijuana companies with the aim…
News March 5New Michigan rule could increase business for cannabis growers
Michigan regulators agreed to phase out medical marijuana caregivers, a move that could generate more business for the state’s licensed cannabis growers and processors. Authorized caregivers who grow cannabis have been…
News March 5Investing in distressed marijuana businesses: Q&A with Trava Capital’s James Parker, former MedMen CFO
James Parker is no stranger to the marijuana industry or distressed-asset investing, and he's aiming to combine both with a private equity firm he founded in December - California-based Trava…
News March 5Mexican Senate commissions approve marijuana bill legalizing recreational use
Three Senate commissions in Mexico acting together passed legislation on Wednesday to legalize all forms of cannabis, bringing the Latin American country one step closer to launching the world’s largest…
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