State bankers associations urge US Senate to consider marijuana banking reform
U.S. state bankers associations jointly sent a letter to leaders of a key Senate panel saying they support…
News May 21
Latest In: Finance
Marijuana firm 48North reports positive revenue, net losses
48North, a vertically integrated marijuana producer based in Ontario, reported revenue of 689,203 Canadian dollars ($516,902) for the…
News May 21
Australis Capital to acquire Green Therapeutics brands, cannabis assets in NV for $8M
Australis Capital, the Las Vegas-based investment group that spun off of Canadian giant Aurora Cannabis, said it will…
News May 21
Marijuana Business This Week: MMJ showdown in CA county, Nevada oversight overhaul, MO big-money fundraiser & more
Here are some notable stories and events to watch for in the coming days: FIGHT FOR LIFE: Friday…
News May 20
Canadian cannabis producer Organigram to list on Nasdaq
Organigram, a New Brunswick-based marijuana producer, will begin trading on the Nasdaq on May 21. The company will…
News May 17
Marijuana firm Green Growth Brands raises $45.5 million
Ohio-based Green Growth Brands raised $45.5 million through a private placement of convertible debt, the firm announced Friday.…
News May 17
Weekly Deal Watch: Equity raises high as overall cannabis capital surges
In total, $289.8 million was raised through equity deals, just two weeks after the second-highest week of the…
News May 16
Canadian marijuana firm Aurora’s sales surge, losses widen
Aurora Cannabis, an Edmonton, Alberta-based cannabis producer, reported fiscal third-quarter revenue of 75 million Canadian dollars ($56 million) –…
News May 15
Green Organic Dutchman reports wider quarterly losses as cannabis production ramps up
The Green Organic Dutchman, a Toronto-based cannabis cultivator, reported a net loss of 14.1 million Canadian dollars ($10.6…
News May 15
Marijuana firm Tilray revenue up nearly 200% in Q1; net loss grows on spending
Tilray, a British Columbia, Canada-based cannabis cultivator and distributor, reported revenue of $23 million for the first quarter…
News May 14
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