Latest In: Finance

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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
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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
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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
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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
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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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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
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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
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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
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Canadian cannabis sales rebound strongly in March to record CA$358.8M

Canadian sales of regulated recreational cannabis hit an all-time high of almost 358.8 million Canadian dollars ($279.6 million)…

News May 26
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How to effectively tell your cannabis company’s story to investors

Cannabis entrepreneurs must keep in mind that investors will reward strong businesses regardless of the broader economic environment.

News May 25
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