As cannabis investor reset continues, estimates at risk of further cuts in 2Q earnings season
Though revenue and profit estimates for the cannabis industry have declined, the upcoming second-quarter earnings season brings the…
News July 16
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Struggling marijuana firm iAnthus plans restructuring deal, recapitalization
Multistate cannabis grower and retailer iAnthus Capital Holdings announced a restructuring support deal with a recapitalization component, giving…
News July 14
Multiple states continue to post record-breaking cannabis sales numbers
Colorado, Illinois and Oregon have all maintained record-breaking sales numbers in recent months despite the coronavirus and the…
News July 13
Week in Review: L.A. doubles cannabis retail licenses, another Schwazze deal dead, Biden talks MJ rescheduling & more
The Los Angeles City Council doubled the number of social equity retail marijuana licenses from 100 to 200 in…
News July 11
CA marijuana exec sues MedMen affiliate Captor Capital for fraud, more
A longtime Southern California marijuana entrepreneur and executive filed suit against Toronto-based Captor Capital - a former financial…
News July 9
Marijuana tissue-culture technology company raises more than $15 million
Conception Nurseries, a Sacramento, California-based cannabis genetics firm, raised $15 million with the addition of approximately $12 million…
News July 9
Handful of cannabis-related firms received coronavirus stimulus money
Roughly a half-dozen companies with ties to the cannabis industry received $3.5 million to $8.7 million from the…
News July 8
More hurdles for marijuana MSO MedMen in Arizona, California – and in court
Bad news continues to pile up for California-based MedMen Enterprises. After the multistate operator’s founders stepped down from…
News July 8
2020 Marijuana Business Factbook studies sales trends, COVID-19 impact
COVID-19 changed the way many businesses operate – and the cannabis industry is no exception, according to data…
News July 7GreenGro Technologies acquires California real estate for hemp CBD seed cultivation
Ancillary firm GreenGro Technologies announced on Thursday that it has acquired four acres of real estate in southern…
News July 4
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