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Illinois adult-use marijuana sales strong despite coronavirus ‘headwinds’

Recreational cannabis sales in Illinois totaled $37.3 million in April as the state continued to experience strong activity even…

News May 5
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Cannabis firm 4Front raises $22 million via license sales, new debt

Multistate marijuana operator 4Front Ventures said it netted $18 million from the sale of its stake in cannabis…

News May 4
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Week in Review: Cannabis firm iAnthus’ CEO resigns, High Times’ retail move, IL delays adult-use marijuana licensing & more

New York-based multistate marijuana operator iAnthus’ CEO Hadley Ford stepped down after the company’s internal investigation found he…

News May 2
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Cannabis firms refocusing M&A activities on scooping up distressed, but promising businesses

The cannabis industry was experiencing a major shift in merger and acquisition activity before COVID-19 derailed consolidation strategies.

News May 1
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How 4/20 played out for marijuana businesses around the US

Cannabis companies across the United States reported a mixed bag for sales this year leading up to the…

News May 1
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MJBizDaily webinar looks at deal killers in marijuana investing

The latest webinar from Marijuana Business Daily’s Investor Intelligence, “Know the Nuances: Share Structure to Leasebacks and the Taxes Between,”…

News April 29
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The importance of proper accounting for cannabis businesses

Although many states have deemed marijuana an essential business and allowed retailers and other businesses to remain open…

News April 28
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Cresco Labs nixes $282.5 million acquisition of marijuana firm Tryke

In another sign that underscores the financial hesitancy hitting the national cannabis industry, Chicago-based Cresco Labs said Monday it’s…

News April 27
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Cannamedical, Aphria execs join webinar on Germany’s cannabis market

Germany is Europe’s economic powerhouse, and what happens to the nation’s medical cannabis industry can have an impact…

News April 22
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Regulators temporarily halt trading of marijuana firm iAnthus’ stock

Canadian securities regulators halted the trading of iAnthus stock for nearly four hours Wednesday as they sought information…

News April 22
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