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Aurora Cannabis reports steep loss, production drop and higher costs
One week after announcing a transformation plan that involved the departure of its founding CEO, Aurora Cannabis on Thursday reported a net loss of 1.3 billion Canadian dollars ($980 million)…
News February 13
Taxes a big factor behind the financial woes of California marijuana companies
The tax man is not popular in business circles, but that’s even more true in the cannabis industry. Particularly in California. Federal and state tax bills have become a major…
News February 13
Massachusetts bribery case could affect marijuana business licensing
The U.S. attorney for Massachusetts is trying to gain access to sealed records for a federal cannabis bribery case involving Fall River's former mayor, who allegedly sought to extort MJ…
News February 12
Kentucky advances medical marijuana legalization bill
A Kentucky House committee on Wednesday overwhelmingly approved a bill that would legalize medical cannabis sales in the state. The legislation, House Bill 136, was approved 17-1 by the House Judiciary…
News February 12
First medical cannabis store coming to Arkansas’ capital
Little Rock, Arkansas, is poised to get its first medical marijuana dispensary. Harvest House of Cannabis passed inspection and then received approval from the Alcoholic Beverage Control Division to open…
News February 12
Many landlords will take cash from marijuana tenants, report says
About twice as many U.S. landlords will take cash for rent from cannabis companies than those who will not, according to a report from the National Association of Realtors. In…
News February 12
Large US cannabis companies look to debt funding versus equity and sale-leaseback deals
Big marijuana companies in the United States increasingly are turning to debt as a funding tool, spurred by falling cannabis stock prices and terms that are more attractive than those…
News February 12
Another Louisiana grower set for initial medical cannabis harvest
Medical marijuana dispensaries in Louisiana could have a new MMJ product source as soon as March or April, with Southern University poised to begin harvesting its first crop next week.
News February 11
How cannabis vape companies can win back consumer confidence: Q&A with scientist Robert Strongin
The rate of people sickened or killed in the vaping health crisis has slowed dramatically since last year, but scientist Robert Strongin worries that vape companies and oil manufacturers might…
News February 11
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