US mayors, financial institutions throw support behind cannabis banking reform
The U.S. Conference of Mayors and two leading banking organizations have joined the call for the U.S. Congress…
News June 9
Latest In: Finance
US Treasury plans to collect marijuana business info from banks
A wing of the U.S. Treasury Department is planning to gather data from banks on marijuana businesses as…
News June 9
Scotts Miracle-Gro again warns of sluggish marijuana grow-supply sales
Scotts Miracle-Gro said it expects sales of its Hawthorne unit, which includes marijuana cultivation supplies, to decline 40%-45%…
News June 8
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
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
Latest Sponsored
