Latest In: finance

cannabis Canopy Growth Dispensaries finance investor marijuana marijuana multi-state operator MSO recreational marijuana stocks
Image of a judge's gavel sitting on a sound block and surrounded by cannabis nuggets

Cannabis operator Canopy Growth hit with class action lawsuit

Investors in cannabis operator Canopy Growth Corp. have sued the company to recover alleged damages after a poor quarterly…

News May 9
cultivation edibles finance Las Vegas Legal manufacturing Marijuana business conference mjbizcon MJBizCon 2025 MSOs production retail
Image of audience members at an MJBizCon 2024 session

MJBizCon offers speakers chance to share cannabis insights, shape industry

Speaking at MJBizCon "offers a chance to share insights and strategies that empower others to elevate their businesses…

News April 4
california credit line finance glass house interest rates Kyle Kazan senior secured loan term loan
Photo by rawpixel on Unsplash

California’s Glass House secures $50 million credit line

California vertically-integrated cannabis company Glass House secured a new $50 million credit line.

News March 10
Get MJBizDaily, the newsletter that gives you an edge in the rapidly changing cannabis industry.
ETF exchange traded funds finance stocks Subversive Cannabis ETF Subversive Capital
Image depicting cannabis stocks.

Marijuana ETF shutting down not long after launch

Marijuana sector exchange traded fund Subversive Cannabis ETF will close down as of March 28, only half a…

News March 21
cannabis debt capital cannabis debt financing cannabis debt market finance Kiso Capital Nohtal Partansky Prospeq Sorting Robotics
Image of a California flag amid U.S. dollars

Cannabis automation company Sorting Robotics raises $2 million

Sorting Robotics, a Los Angeles-based industrial automation company for the cannabis industry, raised $2 million in debt financing from…

News November 2
bank california california distributors cannabis distributors collapse failure finance Herbl taxes
Image of an Herbl delivery van sitting alongside the Pacific Ocean

Big California marijuana distributor Herbl collapses, brands left unpaid, sources say

Herbl, a major licensed California marijuana distribution company, is in receivership after falling behind on a key loan,…

News June 20
cannabis business loans cannabis finance finance lending loans marijuana finance SLMC sweet leaf madison capital
Image of a stack of $100 bills

Marijuana lender Sweet Leaf Madison Capital closes $100 million debt facility

Marijuana industry finance company Sweet Leaf Madison Capital closed a $100 million debt facility, which could be increased…

News March 30
banking finance Gov. Tom Wolf insurance Pennsylvania pennsylvania cannabis pennsylvania cannabis coalition SAFE Banking Act
Image depicting a generic bank

Proposed Pennsylvania law could ease marijuana banking in state

A proposed bill in Pennsylvania would shield from prosecution banks, credit unions, and insurance companies that do business…

News July 8
credit line finance Pelorus
Image of a businessperson fanning out money

Cannabis real estate lender gets FDIC-backed credit line

Pelorus Equity Group, a California-based commercial real estate lender to cannabis-related businesses, said it has secured a federally…

News October 14
MJBizCon Logo