Latest In: Finance

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US marijuana companies outperform Canada’s to erase discount in second-quarter earnings season

The stocks of U.S.-focused operators have rallied while Canada-focused operators have underperformed in the second-quarter earnings season, closing…

News August 19
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Marijuana technology company Dutchie nets $35 million in capital raise

Oregon-based Dutchie, an online ordering platform for cannabis retailers, raised $35 million from a group of investors that…

News August 18
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Colorado cannabis firms Schwazze, Medicine Man Denver part ways

Medicine Man Denver, a Colorado-based cultivator and retailer, and Schwazze, formerly Medicine Man Technologies, terminated their agreement, effective…

News August 17
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Florida REIT raises $80 million to lend to cannabis companies

AFC Gamma, a real estate investment trust (REIT), raised $80 million that, coupled with a $40 million credit…

News August 17
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State treasurers group lobbies for marijuana banking in coronavirus bill

A coalition of state treasurers across the country are urging Congress to include cannabis banking reform in the…

News August 17
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Week in Review: Canopy CEO’s huge compensation, states’ strong cannabis sales, vaping’s popularity & more

The total compensation for the new CEO at Ontario, Canada-based Canopy Growth was an eye-popping $33.8 million (45…

News August 15
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Virginia’s potential $50 million medical cannabis program poised to launch

Virginia’s limited commercial medical cannabis program will be met with modest expectations when it launches, possibly within weeks.

News August 12
Jushi Holdings Vireo Health
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Jushi completes $37 million deal for Pennsylvania marijuana cultivator

Multistate marijuana operator Jushi Holdings completed its acquisition of Vireo Health International’s cultivation and processing operations in Pennsylvania…

News August 11
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California cannabis sales reach record $348 million in July

California set a marijuana sales record of $348 million in July, the biggest month since the 2018 rollout…

News August 11
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Trump’s move to restore some jobless benefits could help marijuana sales

The coronavirus-related enhanced jobless benefit of $600 a week that recently expired would be cut to $400 a…

News August 10
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