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Canadian cannabis operator Entourage adds CA$3 million to credit line

Canadian cannabis company Entourage Health Corp. increased its credit line from by about 3 million Canadian dollars (roughly…

News March 28
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The road ahead for cannabis lending in 2025

It is challenging to make cannabis lending more accessible, but that's where innovative companies can step in.

News March 27
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Canadian cannabis producer rebrands as Organigram Global

Canadian cannabis producer Organigram Holdings has rebranded to Organigram Global as it seeks to expand its presence in…

News March 26
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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
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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
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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
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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
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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
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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
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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
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