Epidiolex maker GW Pharma turns in flat second quarter on pandemic impact
United Kingdom-based GW Pharmaceuticals posted marginal revenue growth in the second quarter over the previous quarter, citing challenges…
News August 7
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Illinois hits $61 million in recreational marijuana sales in July
The new Illinois adult-use cannabis market has posted increased sales numbers nearly every month since its Jan. 1…
News August 4
Tight capital markets – worsened by COVID-19 – derail Schwazze’s cannabis acquisitions
Already struggling capital markets further tightened by the coronavirus, a declining stock price and an improving legalization outlook…
News August 3
How to compete with the illicit marijuana market
The illicit marijuana market is among the biggest and most complex challenges facing legal cannabis businesses—one that takes…
News August 2
Week in Review: Cannabis investors eye NJ, program delays in Illinois and Maine, US House votes to protect adult-use markets & more
Some of New Jersey’s medical marijuana operators already are investing heavily to expand cultivation facilities and other infrastructure…
News August 1
Multistate marijuana operator Jushi upsizes debt financing to $33.3 million
Florida-based multistate marijuana and hemp operator Jushi Holdings increased a debt financing announced in late July by roughly…
News July 31
Cannabis company Aphria reports quarterly EBITDA growth, net loss in Q4
Major Canadian cannabis producer Aphria on Wednesday reported strong quarterly EBITDA growth, despite coronavirus-related impairment charges from its…
News July 29
Cannabis edibles maker Medically Correct ends deal with Schwazze
Medically Correct, a longtime Denver-based marijuana edibles maker, announced it will not proceed with a proposed acquisition by…
News July 28
Marijuana firm Clever Leaves inks definitive deal to list on Nasdaq
Clever Leaves International, a multinational cannabis company with its main operations in Colombia, announced it reached a definitive…
News July 28
Toronto cannabis firm RWB buys Platinum for up to $60M to enter California
Toronto-based multistate cannabis company Red White & Bloom Brands (RWB) announced it signed a binding letter of intent…
News July 27
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