British American Tobacco ups stake in cannabis producer Organigram
British American Tobacco is investing another 6.35 million Canadian dollars ($5.1 million) in Organigram, increasing its stake in…
News March 10
Latest In: Finance
Montana cannabis company Bloom raises $11 million in debt financing
Vertically integrated cannabis company Bloom Montana raised $11 million in debt financing via a deal with marijuana lender…
News March 10
Scotts warns of sales reduction in cannabis grow-supply segment
Scotts Miracle-Gro issued a new sales reduction estimate for its indoor cannabis cultivation supply segment, the Hawthorne Gardening…
News March 9
AFC Gamma provides nearly $50 million of capital to three cannabis companies
Florida-based lender AFC Gamma said it recently provided $46.3 million of capital to three cannabis companies as part…
News March 8
Cannabis producer Canopy Growth dropped from S&P/TSX 60 Index
Smiths Falls, Ontario-based cannabis producer Canopy Growth Corp. is being deleted from the S&P/TSX 60 Index.
News March 8
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
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
Latest Sponsored
