Illinois Senate OKs bill to shield banks serving marijuana businesses
The Illinois Senate on Thursday passed legislation that would bar state regulators from penalizing or discouraging banks and…
News April 4
Latest In: Finance
Weekly Deal Watch: Debt capital raises increase among public cannabis companies
While the total number of capital raises in the cannabis industry so far this year remains less than…
News April 4
Evolve to launch ETF focused on US marijuana stocks
Evolve Funds Group, a Toronto-based fund manager with assets of 430 million Canadian dollars ($322.5 million), plans to…
News April 2
Multistate cannabis operator Vertical closes $58 million Series A funding round
Los Angeles-based Vertical Companies – a vertically integrated multistate cannabis firm – closed a $58 million Series A…
News April 2
Canadian bank throws cold water on marijuana revenue forecasts
The Bank of Montreal (BMO) is warning investors that revenues from adult-use cannabis in Canada could come in…
News April 2
iAnthus reports revenue growth, wider losses as cannabis operations expand
Multistate marijuana company iAnthus Capital reported revenue of $2.2 million for the fourth quarter ended Dec. 31, 2018,…
News April 2
Marijuana firm Cresco Labs inks landmark $823 million acquisition of Origin House
Chicago-based Cresco Labs, a multistate cannabis company, has agreed to acquire Origin House – a Canadian firm with…
News April 1
Cannabis companies can short circuit stock short sellers through transparency, proper accounting and getting ahead of bad news
Critics have attacked short sellers as Wall Street villains for decades. Shorts, as they’re known, were attacked after…
News April 1
Marijuana Business This Week: Ontario opens for business, Texas deschedules hemp, NH bill moves to full House & more
Ontario’s first legal cannabis retail shops open for business, Texas removes hemp from controlled substance list, New Hampshire…
News April 1
Rhode Island medical cannabis sales hit new highs
Rhode Island’s medical marijuana market is posting record numbers, with the state’s three MMJ retailers on track to…
News March 29
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