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: legalization
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
BNY Mellon’s cannabis-limiting move highlights inconsistencies in banking but could help in the long run, sources say
Just as potential marijuana banking progress appears on the horizon at the federal level due to the U.S.…
News October 18
Cresco Labs to sell marijuana facilities to REIT for $46.3M under leaseback deal
Chicago-based Cresco Labs will sell two cultivation and processing facilities in Illinois to Innovative Industrial Properties, a real…
News September 27
Acreage reports improved cannabis revenue, net loss for quarter
Acreage Holdings, a New York-based multistate marijuana operator, on Tuesday reported net quarterly revenue of $17.7 million for…
News August 13
Alaska credit union to nix pilot banking program for cannabis-related businesses
A credit union in Alaska will soon end a program it launched to provide some marijuana businesses in…
News August 7
CA Senate votes to allow banks, credit unions to accept marijuana deposits
The California Senate voted almost unanimously to pass a bill that would allow banks and credit unions to…
News May 22
Senate filibuster hobbles Nebraska medical marijuana legalization measure
A bill aimed at legalizing medical marijuana in Nebraska did not move forward in the state Senate after…
News May 16
Weekly Deal Watch: Capital raises in hemp sector spike in first part of 2019
Investors are keying in on the hemp sector, raising more than 10 times the amount raised last year…
News April 18Featured
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