CEO of DionyMed cannabis company leaves amid possible default
Toronto-based DionyMed, a multistate marijuana brands operator, is under pressure after key executives stepped down amid a possible…
News October 18
Latest In: Finance
BNY Mellon’s cannabis-limiting move highlights inconsistencies in banking but could help in the long run, sources say
Just as potential marijuana banking progress appears on the horizon at the federal level due to the U.S.…
News October 18
Why considering the time frame is critical for cannabis valuations
In any valuation exercise, including hemp and cannabis companies, there is always some discussion about exactly when in…
News October 17
Chicago marijuana firm inks $29 million real estate deal
Revolution Global, a Chicago-based cannabis company, will more than double the capacity at its flagship cultivation facility in…
News October 17
Webinar: Harborside CEO talks shift to for-profit marijuana model
Harborside is a pioneer of the legalized cannabis industry focused on cultivation, branded products and retail in California,…
News October 17
Ontario marijuana company Aphria reports another profitable quarter
Canadian cannabis producer Aphria said it earned 16.4 million Canadian dollars ($12.1 million) in net income in its…
News October 15
Aphria’s latest results highlight positive outlook for marijuana industry
Recent skepticism of the cannabis sector may be overblown, especially for companies that are fully funded - as highlighted by Aphria’s…
News October 15
Flowhub cannabis tech platform raises $23 million
Denver-based Flowhub, a marijuana software technology platform, raised $23 million in a Series A funding to bankroll its…
News October 15
Big banking shows more interest in serving cannabis clients after recent SAFE Act passage by US House
Banks and other financial institutions are gearing up for potential massive involvement with the marijuana industry after last…
News October 14
Deal Watch: Cannabis M&A deals slow in September
The breakneck pace of completed mergers and acquisitions in the marijuana industry may be coming to an end.
News October 11
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