Tight funding environment weighs on marijuana companies still seeking profit
Which came first? Poor paths to profitability for North American cannabis companies or limited funding for them to build their…
News November 7
Latest In: cannabis
‘No longer a shortage,’ Canadian cannabis industry group declares
The shortage of cannabis that plagued businesses in the early months of legalization is over, according to an…
News November 1
Hexo slashes workforce by 200 amid lower marijuana revenue expectations
Troubled Canadian cannabis company Hexo, which this week postponed the release of financial results amid lower revenue expectations,…
News October 24
Green Growth Brands loses $64 million amid marijuana dispensary delays
Ohio-based CBD and cannabis company Green Growth Brands recorded a loss of more than $64 million for its fiscal…
News October 24
Antitrust cloud lifting on cannabis M&A deals, but will some be renegotiated – or even abandoned?
The antitrust cloud hanging over several large mergers and acquisitions in the U.S. marijuana industry appears to be…
News October 24
CEO of DionyMed cannabis company leaves amid possible default
Toronto-based DionyMed, a multistate marijuana brands operator, is under pressure after key executives stepped down amid a possible…
News October 18
California to allow state tax deductions for cannabis businesses
California cannabis businesses will be allowed to deduct expenses on their state income returns after Gov. Gavin Newsom…
News October 14
Big banking shows more interest in serving cannabis clients after recent SAFE Act passage by US House
Banks and other financial institutions are gearing up for potential massive involvement with the marijuana industry after last…
News October 14
Oregon bans flavored marijuana vaping products for six months
Oregon became the third state to impose some form of temporary ban on marijuana vaporizers, ordering a six-month…
News October 11Featured
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