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
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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
Marijuana exchange-traded fund takes in $22 million in August
Investors are flocking to a U.S.-listed exchange-traded fund (ETF) that tracks nearly 40 Canadian and American cannabis firms.
News August 31
Earnings highlights: Hedge fund billionaire Leon Cooperman bets on cannabis; two firms deliver solid Q2 results
Share prices at cannabis firms Green Thumb Industries and Tilray are on the rise after solid second-quarter performances…
News August 30
She’s in charge: New accelerator looks to boost opportunities for women in cannabis
As the cannabis space rapidly evolves into a multibillion-dollar global industry, women are increasingly being left behind, says…
News August 29
Canada’s licensed marijuana producers and applicants soar past 700
With cannabis legalization around the corner in Canada, more companies than ever are lining up to be licensed…
News August 24
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