Latest In: Finance

acreage holdings coronavirus cutbacks. executives layoffs

Marijuana giant Acreage cuts 120 jobs, ends deals in light of COVID-19

New York-based Acreage Holdings on Friday announced it is furloughing 122 employees and taking other cost-cutting measures, becoming…

News April 3
california marijuana regulations cannabis funding coronavirus essential business
Image depicting financial belt-tightening

Coronavirus exacerbating cannabis credit crunch in California

John Schroyer, Marijuana Business Daily’s senior reporter based in California, spotlights in the video clip below how the coronavirus crisis…

News April 1

Macro Conditions Improve for Long-Term Investment

Tim Seymour is the owner and manager of the New York-based Amplify Seymour Cannabis Exchange Traded Fund.

News April 1
CannTrust NYSE TSX

NYSE aims to boot CannTrust after concluding cannabis producer ‘no longer suitable for listing’

The New York Stock Exchange's regulatory enforcement arm has initiated the delisting process for CannTrust after concluding the Canadian cannabis…

News March 31
Cronos peace naturals Peace Naturals Project
Image of Toronto Stock Exchange

Cannabis firm Cronos’ quarterly gross loss grows to $20.4 million

Canadian cannabis firm Cronos Group reported a gross loss of nearly $20.4 million for the fourth quarter ending…

News March 30
CANADA cannabis Columbia Care medical marijuana new york
Image of a half-American, half-Canadian flag

US marijuana firm Columbia Care to list on Canadian Securities Exchange

Columbia Care, a New York-based multistate marijuana operator, said it will start trading on the Canadian Securities Exchange…

News March 30
CEO coronavirus MedMen Enteprises restructure
Image of a MedMen retail store

Restructuring cannabis firm MedMen taps interim CEO, withdraws guidance

Financially struggling MedMen Enterprises has retained a management advisory firm to help it restructure.

News March 30
acquisition CannaPharmacy Franklin Labs Harvest Health & Recreation Pennsylvania
Image of a businessperson fanning out money

Cannabis firm Harvest Health seals $25 million Franklin Labs purchase

Multistate marijuana operator Harvest Health & Recreation announced on Friday it closed on its previously announced $25.5 million purchase…

News March 27
cannabis coronavirus Dispensaries harvest health and recreation medical marijuana recreational marijuana Regulation Verano Holdings
Image of contract being torn in half

Coronavirus impact felt in cannabis industry M&A as Harvest Health-Verano deal scuttled

The once-booming market for cannabis mergers and acquisitions is now feeling fallout from the COVID-19 pandemic, on top…

News March 26
collapse coronavirus Harvest Health & Recreation merger deal Verano Holdings
Image of contract being torn in half

Harvest Health, Verano end mammoth marijuana merger

What was one of the largest acquisitions ever announced in the marijuana industry – a deal valued at…

News March 26
MJBizCon Logo