Latest In: Cultivation

cannabis debt financing cannabis financing Pelorus Pelorus Equity Group TerrAscend
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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
CANADA
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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 new mexico marijuana sales
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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
cannabis restatements Cronos Group financial restatements Greenlane Holdings Jushi Holdings KushCo Holdings Marijuana financial restatements restating financials Verano Holdings
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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
CANADA Germany Tilray Tilray Brands Tilray earnings
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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 aurora cannabis cannabis finance Debt financing debt repurchase marijuana finance
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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
Abner Kurtin Ascend Wellness Holdings
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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
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Biden announcement on marijuana scheduling and pardons could alter face of the industry

President Joe Biden's stunning announcement Thursday that his administration would review whether marijuana should remain a Schedule 1…

News October 6
CANADA Gord Nichol North 40 Cannabis
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Principles and profit: Q&A with North 40 Cannabis owner Gord Nichol

Owner Gord Nichol discusses how North 40 Cannabis makes a profit and maintains its principles amid the challenges…

News October 6
Curaleaf Holdings marijuana m&a Tryke Cos.
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Marijuana MSO Curaleaf completes purchase of Tryke for $181 million

Marijuana multistate operator Curaleaf Holdings said it closed on its previously announced acquisition of Arizona-based Tryke Cos., with…

News October 5
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