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CEO Berman leaves cannabis firm Harborside; board chair picked as interim

One of the most well-known and longest-operating cannabis dispensary owners in the nation, California-based Harborside, announced Monday that…

News October 28
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Michigan adult-use cannabis market likely won’t launch until spring

Michigan regulators will start taking recreational marijuana business applications on Nov. 1, but sales aren’t expected to begin…

News October 28
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Acreage Holdings inks $72 million cannabis real estate deal

Acreage Holdings, a multistate marijuana operator, signed a sale-leaseback deal valued at more than $72 million for cannabis…

News October 25
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Hexo slashes workforce by 200 amid lower marijuana revenue expectations

Troubled Canadian cannabis company Hexo, which this week postponed the release of financial results amid lower revenue expectations,…

News October 24
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Cannabis giant Trulieve signs $17 million Florida warehouse leaseback deal

Innovative Industrial Properties, a real estate investment trust (REIT) that focuses on buying and leasing warehouses in the…

News October 24
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Green Growth Brands loses $64 million amid marijuana dispensary delays

Ohio-based CBD and cannabis company Green Growth Brands recorded a loss of more than $64 million for its fiscal…

News October 24
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Antitrust cloud lifting on cannabis M&A deals, but will some be renegotiated – or even abandoned?

The antitrust cloud hanging over several large mergers and acquisitions in the U.S. marijuana industry appears to be…

News October 24

Marijuana firm Holistic Industries raises $55 million

Washington DC-based Holistic Industries, a multistate cannabis operator, closed $55 million in financing at a time when many…

News October 18
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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
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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
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