Latest In: Finance

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Illinois Senate panel passes bill to protect banks serving cannabis businesses

An Illinois senate committee voted to advance a bill that would prohibit the Illinois Department of Financial and Professional…

News March 21
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Cannabis extraction company Nextleaf begins trading on CSE

Vancouver, British Columbia-based Nextleaf Solutions has begun trading on the Canadian Securities Exchange (CSE) under the ticker symbol…

News March 21
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Weekly Deal Watch: Cultivation, retail continue to dominate capital raises

Through the first two weeks of March, cultivation and retail continued to be the most attractive for capital…

News March 21
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Curaleaf signs distribution deal with CVS for hemp products

Massachusetts-based Curaleaf has inked a deal with the CVS pharmacy chain to begin selling hemp products in 800 stores.

News March 20
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NV audit spurs marijuana dispensary owners to call for traceability software training

Nevada cannabis dispensary owners are calling for more training on the state’s mandatory seed-to-sale cannabis tracking software after…

News March 20
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Canadian firm DionyMed to acquire L.A. cannabis campus, other assets for $19 million

Toronto-based DionyMed Brands, a multistate cannabis brands operator, said it will acquire the 1.8-acre Los Angeles campus of…

News March 20
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US marijuana firm Vireo Health launches on Canadian exchange

Vireo Health, a Minnesota-based multistate operating cannabis company, started trading Wednesday on the Canadian Securities Exchange. Vireo has…

News March 20
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Illinois marijuana firm Grassroots closes $90 million raise to expand operations

Chicago-based Grassroots Cannabis said it completed a $90 million capital raise designed to expand the company’s footprint and…

News March 19
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Tilray eyes US, European marijuana as it reports Q4 sales rise, wider loss

Canadian cannabis cultivation giant Tilray plans to focus on Europe and the U.S. for its upcoming expansion plans…

News March 18
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IL treasurer: State medical cannabis firms may collapse without banking reform

Illinois Treasurer Michael Frerichs warned legislators the state’s medical marijuana  industry could collapse if the state doesn’t take…

News March 18
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