Marijuana-focused exchange-traded fund reaches CA$1 billion in assets
A cannabis-focused exchange-traded fund has reached 1 billion Canadian dollars ($760 million) in assets, partly stemming from recent…
News September 10
Latest In: Finance
California cannabis tech firm Treez closes $11.5 million funding round
Treez, an ancillary cannabis tech company based in Oakland, California, raised $11.5 million to help fund its expansion. The company…
News September 10
FL cannabis lobbyist turned political candidate sees second bank account shut
A second bank has terminated the campaign account of Nikki Fried, a pro-medical marijuana Democrat who is running…
News September 7
MedMen inks CA$75M equity financing deal to expand US cannabis operations
Los Angeles-based MedMen Enterprises says it expects to raise up to 75 million Canadian dollars ($57 million) in…
News September 7
California marijuana company Canndescent closes $13 million funding round
California marijuana cultivator Canndescent announced Thursday that it has closed a $13 million Series C Convertible funding round…
News September 6
SEC sues cannabis investment fund, warns investors about MJ industry ‘scam artists’
The U.S. Securities and Exchange Commission charged a marijuana-focused investment fund with bilking investors out of more than…
News September 6
Cannabis firm Cronos inks $122 million deal to produce lab-grown cannabinoids
Canadian cannabis producer Cronos Group has tapped Boston-based Ginkgo Bioworks in a $122 million endeavor to biologically engineer…
News September 5
Oregon marijuana firm lands $12.5M from Canada’s Tidal Royalty to fund expansion
Oregon-based Diem Cannabis is poised to enter a new market after landing upwards of $12.5 million in financing…
News September 5
State leaders seek banking solution for cannabis industry
Louisiana’s top banking regulator has joined colleagues in other marijuana-legal states asking the U.S. Congress to clear the…
News September 4
Analyst says Cronos stock swings ‘overdone,’ calls deception allegations ‘unfounded’
Shares of Cronos Group were punished by investors this week after the Ontario-based licensed producer of cannabis was…
News August 31
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