How Biden’s rescheduling of marijuana could affect the US industry
After a half-century in which marijuana endured the strictest prohibition allowed under the law, President Joe Biden has…
News October 14
Latest In: Cultivation
Maryland marijuana legalization expected to pass in November, but details pending
Maryland voters appear likely next month to approve the cultivation and sale of recreational marijuana, but state lawmakers…
News October 13
California regulators seize 1 million illegal cannabis plants
California regulators are ramping up enforcement targeting illegal cannabis operations and transnational criminal organizations.
News October 12
TerrAscend closes $45.5 million marijuana debt financing
Multistate marijuana company TerrAscend Corp. has taken a senior secured term loan from cannabis real estate lender Pelorus…
News October 12
Fewer than 10% of Canadian cannabis licensees exited market, government report shows
Just under 10% of federal cannabis license holders in Canada have exited the market since legalization in October…
News October 12
New Mexico cannabis sales top $39 million in September
Cannabis sales in New Mexico surpassed $39 million in September, with recreational marijuana accounting for $24 million of…
News October 11
Marijuana financial restatements show industry still maturing, insiders say
The marijuana industry has an accounting problem, with a number of companies correcting errors in financial statements in…
News October 11
Tilray reports $66 million loss as cannabis sales decline
Cannabis and alcohol company Tilray Brands lost $65.8 million (90 million Canadian dollars) in the first quarter ended…
News October 7
Aurora Cannabis repurchases $23 million worth of debt
Canadian marijuana company Aurora Cannabis reduced its debt load by repurchasing roughly 31.3 million Canadian dollars ($23 million)…
News October 7
Is multistate cannabis operator Ascend Wellness up for sale?
Abner Kurtin, a former CEO of multistate cannabis operator Ascend Wellness Holdings, is no longer giving interviews since…
News October 7
Latest Sponsored
