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
Latest In: Finance
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
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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