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Latest In: Finance

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Cannabis debt crisis looms as billions in loans come due in 2026

As much as $3 billion in debt will come due for major U.S. cannabis operators by the end…

News January 14
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Nation’s oldest marijuana retailer facing multiple lawsuits related to unpaid bills

Berkeley Patients Group, the nation’s oldest operational marijuana retailer, is embroiled in several lawsuits alleging the California operator…

News January 13
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Receiver appointed for Red White & Bloom cannabis subsidiary in Michigan

A Michigan circuit court has appointed a receiver for the assets of PharmaCo, a property of Canada-based cannabis…

News January 9
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Opportunities abound with distressed marijuana businesses – but use caution

Because there is a dwindling number of states that haven’t legalized medical and/or recreational marijuana, it is easy…

News January 9
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Judge nixes GTI plans to open medical cannabis stores at Circle Ks in Florida

A Florida administrative law judge has upheld a 2022 decision by regulators to reject a plan by multistate…

News January 8
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Cannabis financial services firm Safe Harbor cuts $1.2M liability in new deal

Cannabis industry finance company Safe Harbor Financial has eliminated $1.2 million of indemnity liability through a four-year extension…

News January 8
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Finance experts mixed on prospects of marijuana capital infusion post-rescheduling

Finance experts disagree over the validity of rumors about a "wall of capital" entering the cannabis sector if…

News January 7
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Agrify sells cannabis cultivation business for $7 million

Cannabis company Agrify Corp. on Monday announced a deal to sell its cultivation operation for $7 million to…

News January 6
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Canadian cannabis operator Entourage inks deal to go private

Canadian cannabis company Entourage Health Corp. plans to go private in a deal with its primary investor and lender,…

News January 6
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Marijuana goes national: 7 industry predictions for 2025

Here are seven MJBizDaily predictions for developments in 2025 that could impact the U.S. marijuana and hemp industries.

News January 6
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