SNDL acquires minority stake in Canadian cannabis rival High Tide
Canadian cannabis and alcohol company SNDL has acquired a minority stake in competitor High Tide, which operates the…
News March 26
Latest In: Finance
Cannabis MSO Verano Holdings secures $12 million loan
Cannabis multistate operator Verano Holdings Corp. closed a $12 million "cross-collateralized" senior mortgage from Rainbow Realty Group and…
News March 25
Struggling marijuana MSO Schwazze defaults on restructured debt
Struggling Colorado-based marijuana multistate operator Schwazze defaulted on a restructured loan after it missed a $700,000 payment due…
News March 25
What’s causing the decline in M&A activity in the cannabis industry?
Mergers and acquisitions in the cannabis industry in 2024 totaled $1.169 billion, a decrease of $579 million -…
News March 25
Cannabis operator Entourage gets shareholders’ approval to go private
Shareholders of Canadian cannabis company Entourage Health Corp. have approved the company’s plan to go private.
News March 24
Marijuana MSO Planet 13 recovers $2.1M more from former bank alternative
Las Vegas-based marijuana multistate operator Planet 13 Holdings says it recovered another $2.1 million in cash plus real…
News March 21
Poseidon invests $1 million in another New Jersey cannabis retailer
Poseidon Investment Management, a San Francisco-based cannabis hedge fund operator, has invested in another New Jersey retailer, its…
News March 21
New York launches $5M grant program for cannabis social equity retailers
New York has established a $5 million grant program to support startup costs for adult-use cannabis social equity…
News March 20
Cannabis vape maker Blinc Group files for bankruptcy
Cannabis vape manufacturer The Blinc Group cited $1 million in liabilities in its Chapter 7 bankruptcy filing in…
News March 19
Michigan recreational marijuana prices plunge 30% from 2024
Recreational marijuana prices in Michigan dropped nearly 30% in February compared to a year ago, according to a…
News March 18
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