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Some struggling US cannabis companies may look to Canada for possible bankruptcy protection
With capital constraints a growing factor in the marijuana industry, U.S. cannabis companies facing financial pressure are increasingly eyeing Canadian bankruptcy protection as a possible solution to their problems.
News February 5Harvest execs surrender stock options for reprice, redistribution
Three key executives at Harvest Health will surrender a total of 2.4 million stock options back to the company - without compensation - so the options can be redistributed to…
News February 4Dispensaries advance in New Jersey medical cannabis licensing process
Three medical marijuana dispensaries in New Jersey moved closer to opening their doors. Regulators awarded permits to grow medical marijuana to three more companies, the state health department said Tuesday: Columbia…
News February 4Which California city might show the way forward for cannabis social equity in the state?
Some marijuana industry watchers are keeping a close eye on Sacramento, California, as a possible example that other municipalities in the state could follow as they look to expand or…
News February 4Nevada Cannabis Market Update: State sales data through Oct. 2019
Nevada is among the largest marijuana markets in the United States, with many large multistate operators having extensive operations in the state. So it's valuable to track the amount and…
News February 4Colorado governor unveils marijuana banking guide
Colorado Gov. Jared Polis released a guide to help state-chartered financial companies better serve and expand banking services to marijuana companies as well as make MJ businesses safer by not…
News February 4Australia looks to implement single medical cannabis license for producers
The Australian government held public consultations on a proposal to implement a single medical cannabis license for producers, which experts say would address lengthy delays and disproportionate levels of paperwork…
News February 4Comp tables as of Feb 3: Multiples mostly flat
These comp tables provide a benchmark for private investors to evaluate existing and future investments as well as a menu for public investors to peruse.
News February 4Illinois adult-use cannabis sales hit $40 million in first month
Recreational marijuana stores in Illinois sold almost $40 million worth of product during the state's first month of legal sales.
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