Hexo leapfrogs competitors with CA$925 million deal for rival cannabis producer Redecan
Canadian cannabis producer Hexo Corp. struck a definitive deal to buy one of the leading adult-use producers in…
News May 28
Latest In: Finance
Marijuana MSOs report stellar financials; megamergers could heat up
U.S. marijuana multistate operators reported banner revenue growth in the first three months of this year, boosted by…
News May 28
Why the cannabis industry can beat inflation & making sense of MedMen’s moves
Good cannabis businesses that provide desired services can raise prices and manage costs to expand profits during inflationary…
News May 26
Power REIT strikes $18.5 million deal to acquire Michigan cannabis greenhouse
Power REIT announced an $18.5 million purchase agreement to acquire a Michigan property that the real estate investment…
News May 26
Aurora Cannabis shares make debut on Nasdaq after firm departs NYSE
Edmonton, Alberta-based Aurora Cannabis has left the New York Stock Exchange (NYSE) and followed some of its Canadian…
News May 25
Marijuana retailers that opened during pandemic share winning formulas
Opening a retail cannabis store is difficult. Throw in a pandemic, Toronto’s bitterly cold winter weather or the…
News May 23
Oklahoma cannabis firm closes $44M funding round, expands into Missouri
Oklahoma-based Stability Cannabis said Thursday it completed a $44 million Series A funding round and acquired a minority…
News May 20
Cannabis REIT upsizes senior note offering to raise $300 million
Cannabis industry real estate investment trust Innovative Industrial Properties (IIP) said it upsized a previously announced private debt…
News May 20
Are marijuana megadeals on the rise?
The May 10 announcement that Florida-based Trulieve would acquire Arizona-headquartered Harvest Health & Recreation for $2.1 billion could…
News May 19
10 tips to help your marijuana business survive an IRS audit
Make no mistake, the U.S. Internal Revenue Service plays to win. And cannabis companies need to prepare accordingly…
News May 19
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