MedMen co-founders Bierman, Modlin return to cannabis industry with different California company
They’re back! Less than a year after being ousted from leadership posts at California-based MedMen Enterprises, former CEO…
News March 3
Latest In: Finance
Marijuana MSO Cresco Labs files $1 billion shelf prospectus
Illinois-based marijuana multistate operator Cresco Labs filed a preliminary prospectus to raise up to $1 billion in securities…
News March 1
Indoor marijuana grower keeps strict schedule to maximize output, avoid bottlenecks
Perhaps the most important tool that Chris Ball, owner of Ball Family Farms in Los Angeles, has in…
News March 1
Cannabis companies use experimentation, contract labor and technology to plant efficiently
Planting is among the most labor-intensive parts of the cannabis growing process - and arguably one of the…
News March 1
Ascend acquires most of MedMen’s NY cannabis operation for $63 million
Massachusetts-based Ascend Wellness Holdings is acquiring an 86.7% interest in financially strapped MedMen Enterprise’s cannabis operation in New…
News February 26
Cannabis producer Cronos loses $111.7 million in fourth quarter
Canadian cannabis producer Cronos Group reported a quarterly loss of $111.7 million and an adjusted EBITDA of negative…
News February 26
Indus acquires fellow California cannabis firm Lowell Herb for $39M
Indus Holdings said it has acquired another well-known California marijuana brand, Lowell Herb Co., in a cash-and-stock deal…
News February 25
Acreage selling Florida marijuana arm to Red White & Bloom for $60 million
Multistate marijuana operator Acreage Holdings said it has a definitive agreement to sell its medical cannabis operation in…
News February 25
Aphria-Tilray cannabis merger talks overcame pandemic pause, rival bidder and other hurdles, proxy reveals
On-again, off-again merger talks between rival cannabis producers Tilray and Aphria had their genesis in October 2019 when…
News February 25
Canadian pension fund unloads some cannabis shares, adds Aphria
A large Canadian pension manager unloaded some marijuana investments over the past couple of years while raising its…
News February 24
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