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
Latest In: Finance
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
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
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
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
Arizona’s Item 9 Labs strikes $12.8M deal for Canada’s Sessions Cannabis
Item 9 Labs Corp., an Arizona-based company that invests in marijuana-related businesses, signed an agreement to acquire Wild…
News May 25
Registration is now open for MJBizCon 2022 in November
Registration for MJBizCon 2022 is now open, as the world’s largest cannabis business event prepares to welcome cannabis…
News May 24
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