Marijuana tech firm Dutchie lays off 67 employees, citing ‘dramatic market shift’
Oregon-based marijuana tech company Dutchie laid off 67 employees this week, about 8% of its 700 workers.
News June 7
Latest In: Finance
Safe Harbor makes first cannabis loan beyond Colorado’s borders
Marijuana industry finance company Safe Harbor Financial is lending beyond its home state of Colorado, handing a $5…
News June 7
Aurora Cannabis buys back $20 million worth of convertible debt
Aurora Cannabis has bought back roughly $20 million worth of convertible senior notes to reduce debt and "annual…
News June 3
Silver Spike, others lend up to $170M to CA marijuana company Shryne Group
Silver Spike Investment Corp. co-led a loan worth up to $170 million to privately held California marijuana grower,…
News June 3
California targets cannabis businesses over unpaid taxes
California’s business tax collector is ramping up enforcement against unlicensed and licensed cannabis companies, which owe the state…
News June 3
Lessons from Aurora Cannabis’ bought deal financing
Aurora Cannabis has arranged new financing via a “bought deal.” What is that, and is it important to…
News June 1
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
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
Cannabis tech firm Akerna cuts 59 employees as part of restructuring
Akerna, a Denver-based cannabis compliance software company, is implementing a financial restructuring plan that includes reducing its workforce…
News May 31
Canopy loses CA$578 million in quarter as cannabis revenue plunges
Canadian cannabis producer Canopy Growth lost another 578.6 million Canadian dollars ($454 million) in its fourth fiscal quarter…
News May 27
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