Marijuana producer Pure Sunfarms reports small quarterly sales growth
Canadian marijuana producer Pure Sunfarms reported a small increase in net sales in the January-March quarter compared to…
News May 11
Latest In: Finance
Verano nets $100 million in upsized loan to support cannabis moves
Illinois-based Verano Holdings entered into an amended $130 million loan agreement that provides the multistate cannabis operator an…
News May 11
Cannabis firm Tilray reports $341 million net loss in last stand-alone quarter
Tilray’s recreational and medical cannabis revenue plunged in the final quarter before its merger with Aphria went into…
News May 11
Cannabis firm Cronos’ CEO gets CA$12 million-plus in partial-year pay
Canadian cannabis producer Cronos Group paid CEO Kurt Schmidt more than $10 million (12.2 million Canadian dollars) in…
News May 10
Cannabis M&A surges in hot Pennsylvania market with $400 million in deals
Merger and acquisition activity is sizzling in Pennsylvania, with more than $400 million worth of deals announced since…
News May 10
Cannabis tech firm MassRoots entering metal-recycling business via $14M deal
Cannabis-centric social media platform MassRoots said it’s broadening its business model through the acquisition of a metal-recycling company…
News May 7
AFC Gamma lends $22M to Justice Cannabis for New Jersey operations
Marijuana industry real estate financier AFC Gamma announced a $22 million senior secured credit facility for Chicago-based multistate…
News May 7
Uber’s interest in marijuana delivery highlights sector’s potential and pitfalls
You’d think that marijuana delivery executives would quake in their shoes after the head of a ride-sharing giant…
News May 7
Credit Suisse reportedly halts US cannabis stock transactions
Global investment banking firm Credit Suisse Group reportedly has told customers in recent months that it has decided…
News May 6
Cannabis producer Sundial to buy retailer Inner Spirit for CA$131 million
Sundial Growers plans to acquire Inner Spirit Holdings, a major Canadian cannabis retailer and franchisor of Spiritleaf stores,…
News May 5
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