Aurora Cannabis closes bought deal financing, yielding $172.5 million
Canadian marijuana producer Aurora Cannabis said it received gross proceeds of $172.5 million from a bought deal offering…
News June 1
Latest In: Cultivation
Marijuana multistate operators see sluggish revenue, losses in first quarter
Most of the largest U.S. marijuana multistate operators experienced revenue declines in the first quarter of 2022 versus…
News June 1
Connecticut scraps municipal limit on marijuana retail stores, small grows
Connecticut legislators removed a rule that limited the number of marijuana micro-grows and retail operations in a municipality,…
News May 31
Detroit finally awards first recreational marijuana license to grower
Detroit finally issued its first recreational cannabis business license - more than two years after the process started.
News May 27
Connecticut adjusts allowable amount of mold, yeast in medical marijuana
A legislative committee in Connecticut adjusted the allowable amount of mold and yeast in medical marijuana products in…
News May 27
Aurora Cannabis announces bought deal financing, upsizes to $150 million
Aurora Cannabis entered a bought deal financing worth $125 million, then upsized that funding to $150 million.
News May 27
Analysis: Marijuana real estate lenders buck trend with record funding
Cannabis companies generally have been raising less money this year versus previous years, but not all industry sectors…
News May 27
Opinion: The battle for directors and officers liability coverage in the cannabis industry
With the number of lawsuits in the cannabis space tripling in the past two years, directors and officers…
News May 26
Ukraine war, supply-chain woes cause cannabis fertilizer shortage, increased costs
Russia's invasion of Ukraine and ongoing supply-chain issues are causing a global fertilizer shortfall, leading cannabis growers to…
News May 26
NJ sells $24M of recreational cannabis in first month; more licenses issued
In the first month of recreational cannabis sales, New Jersey retailers sold $24 million worth of adult-use products.
News May 25
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