Marijuana financier Pelorus lends nearly $17M to Royal Emerald Pharmaceuticals
Marijuana real estate lender Pelorus Equity Group announced debt financing worth nearly $17 million to specialty-drug company Royal…
News March 8
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Access to marijuana banking services increasing over pandemic levels
The number of financial institutions actively providing services to state-legal marijuana businesses increased to 755 as of Sept.…
News March 4
White House discourages employees from marijuana investments, report says
The White House is warning that it might deny security clearance to employees who invest in marijuana companies,…
News March 3
Cannabis producer Tilray throws rival Hexo lifeline via $211 million debt purchase, alliance
New York-based Tilray Brands said Thursday it plans to acquire up to $211 million (267.5 million Canadian dollars)…
News March 3
2 Canadian cannabis firms get Nasdaq extensions to regain compliance
Two Canadian cannabis companies have each been granted a six-month extension by the Nasdaq to regain compliance after…
News March 3
Can potential growth aid this cannabis stock? + strategic planning alternative
The Kanabo Group is banking on potential growth to correct its stock trend, and how to best use…
News March 2
Cannabis MSO Verano taps $100 million in debt financing to support expansion
Cannabis multistate operator Verano Holdings said it has drawn an additional $100 million under its existing credit agreement…
News March 2
Cannabis producer CannTrust secures overseas financing, plans name change
Canadian cannabis producer CannTrust said it secured a new investment from a Netherlands-based private equity investment company and…
News March 2
Canadian cannabis unit of Village Farms reports another profit
The Canadian cannabis arm of produce grower Village Farms International reported revenue and profit ahead of expectations for…
News March 1
Cannabis producer Hexo touts ‘significant’ shareholder return despite tumbling stock price
Ahead of its annual meeting, Canadian cannabis producer Hexo Corp. is trumpeting “a significant positive total cumulative return”…
News March 1
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