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Latest In: Finance

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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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Cannabis producer Hexo cuts 180 jobs in bid to save cash

Struggling cannabis producer Hexo Corp. is cutting 180 jobs as part of its bid to reduce corporate spending…

News February 9
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Red White & Bloom acquires Michigan marijuana operator PharmaCo

Canada-based multistate operator Red White & Bloom Brands (RWB) closed its acquisition of PharmaCo, a Michigan marijuana company.

News February 9
Canopy Growth
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Canopy Growth loses CA$115 million in quarter on lower cannabis sales

Canopy Growth reported a net loss of 115 million Canadian dollars ($90 million) in its quarter ended Dec.…

News February 9
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Medical cannabis company FarmaceuticalRX borrows $34 million from Chicago Atlantic

FarmaceuticalRX, a medical cannabis producer with operations in Ohio and Pennsylvania, closed a $34 million loan from cannabis…

News February 8
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Cannabis platform Leafly closes merger with SPAC, goes public on Nasdaq

Cannabis commerce platform Leafly Holdings started trading Monday on the public stock markets after completing its previously announced…

News February 7
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Australian cannabis company to enter US through $21 million CBD acquisition

Creso Pharma said it is buying Colorado-based CBD maker Sierra Sage Herbs in an all-stock deal worth $21…

News February 4
iAnthus MPX New Jersey New Jersey marijuana recapitalization
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iAnthus closes on acquisition of New Jersey medical cannabis operation

Multistate operator iAnthus said Thursday it closed on the acquisition of a 100% equity interest in MPX New…

News February 3
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Marijuana MSO Columbia Care closes $185 million notes offering

Marijuana multistate company Columbia Care closed a private placement of senior notes worth $185 million.

News February 3
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Investor seeks to oust most of cannabis company Hexo’s board

An activist shareholder of Canadian cannabis producer Hexo Corp. is pushing to replace the majority of the company's…

News February 3
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