Marijuana industry debt crisis intensifies as lenders circle overleveraged operators
As spurned lenders begin to encircle marijuana companies owing an estimated $3 billion in collective debt coming due…
News May 29
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Cannabis retailer Schwazze settles $525,000 budtender wage-theft claim
A Denver-based cannabis multistate operator has settled a lawsuit in New Mexico with budtenders who claimed wage theft…
News April 30
Schwazze scraps deal to purchase Colorado marijuana edibles maker
Schwazze added to its growing list of scuttled deals by terminating its planned acquisition of a fellow Denver-based…
News October 16
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The Medical Card Has a New Argument
Federal rescheduling handed the medical tier a tax tool it never expected. Whether operators use it — and how fast — is what the next few years of market data…
June 2
Schwazze backs out of deal to acquire marijuana R&D firm MedPharm
Denver-based Schwazze said it has terminated its planned acquisition of MedPharm, a medical marijuana company in the same…
News October 1
Tight capital markets – worsened by COVID-19 – derail Schwazze’s cannabis acquisitions
Already struggling capital markets further tightened by the coronavirus, a declining stock price and an improving legalization outlook…
News August 3
Schwazze walks away from two Colorado cannabis deals
Denver-based Schwazze, formerly Medicine Man Technologies, said it has terminated acquisitions of two Colorado marijuana businesses – cultivator…
News July 6
Marijuana operator Medicine Man Technologies rebrands as Schwazze
Medicine Man Technologies, a Denver-based multistate cannabis operator, is now calling itself Schwazze, an offshoot of a proprietary…
News April 20
High-profile founders leaving US marijuana companies signals new phase for industry
A number of high-profile founders of U.S.-based cannabis companies have stepped down in the past several weeks amid…
News March 20
Founder Andy Williams exits cannabis firm Medicine Man Technologies
Marijuana pioneer Andy Williams announced on Friday he is leaving Denver-based Medicine Man Technologies, the vertically integrated MJ…
News February 28Featured
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