Jones Soda buys Canadian firm, raises $11M in step toward cannabis drinks
Craft soda maker Jones Soda acquired a Canadian shell company and raised $11 million in concurrent financing as…
News February 15
Latest In: Finance
Cannabis producer Hexo pitches stock consolidation to save Nasdaq listing
Struggling Canadian cannabis producer Hexo Corp. is asking shareholders to greenlight a reverse stock split in order to…
News February 14
Nevada marijuana producer Flower One signs loan for $10.1 million
Las Vegas-based marijuana producer Flower One announced proceeds of $10.1 million from a term loan with an unspecified…
News February 14
Pioneering cannabis banking company Safe Harbor to trade on Nasdaq via $185 million deal
A cannabis financial institution led by industry pioneer Sundie Seefried is on its way to going public on…
News February 14
Study: Banking action rose in first adult-use cannabis states after legalization
Banking activity increased measurably in the first four states that legalized adult-use cannabis, according to a new white…
News February 14
Marijuana operator Harborside closes first tranche of $77.3M debt financing
Oakland, California-based vertically integrated marijuana firm Harborside closed the first tranche of a $77.3 million debt financing deal.
News February 11
Eyeing ‘real’ markets, Aurora’s medical cannabis sales surge in quarter
Aurora Cannabis eked out a third consecutive quarter of revenue growth on the back of rising medical sales,…
News February 11
Cannabis REIT closes on $40 million sale-leaseback in New Jersey
Innovative Industrial Properties (IIP) acquired a marijuana property in New Jersey from Ascend Wellness for $35.4 million and…
News February 11
Nasdaq grants cannabis firm Sundial extension to regain compliance
Canadian cannabis producer Sundial Growers has been given a 180-day reprieve to regain compliance with the Nasdaq market’s…
News February 10
Why IIP canceled a cannabis notes issue + NY adult-use permits in jeopardy
Innovative Industrial Properties (NYSE: IIPR), the largest REIT focused on the cannabis industry, on Feb. 1 announced a…
News February 9
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