Latest In: Finance

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Marijuana industry banking woes: Here’s how some states are struggling to address them

U.S. cannabis companies are forecast to bring in as much as $10 billion in retail sales this year,…

News June 7
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MedMen inks $53 million acquisition of Florida cannabis cultivator, dispensary sites

MedMen Enterprises has signed a deal to acquire a Florida-based cultivator and the right to open up to…

News June 6
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Tracking software issues temporarily stall Maryland medical cannabis sales

Medical marijuana sales in Maryland slowed to a crawl last weekend because of a glitch in the state’s…

News June 5
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Zimbabwe going ‘back to the drawing board’ on medical marijuana law

Just one month after its enactment, Zimbabwe is hitting pause on its medical cannabis program to rectify multiple…

News June 4
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Ancillary cannabis firms Helix TCS and BioTrackTHC close merger

A deal announced in March to merge two of the bigger ancillary cannabis companies in the United States…

News June 4

Ancillary marijuana firm Kush Bottles to open Las Vegas distribution facility

Kush Bottles, a marijuana products distributor, is opening a distribution facility in Las Vegas to serve cannabis companies and…

News June 1
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Major Canadian bank expands focus on marijuana sector

After years of keeping the sector at arm's length, some of Canada’s largest financial institutions are warming to…

News May 31
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Five reasons why lighting giant Osram’s acquisition of Fluence is a big deal for cannabis

One of the cannabis industry’s largest lighting solutions suppliers, Austin, Texas-based Fluence Bioengineering was recently acquired by Osram,…

News May 31
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Southern Africa becomes magnet for Canadian medical cannabis investments

Canada's largest medical cannabis companies are ponying up tens of millions of dollars to get a piece of Southern…

News May 30
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What cannabis investors should know about MedMen’s Canadian trading debut

Los Angeles-based MedMen is the latest U.S. cannabis company to go public in Canada as more firms hustle…

News May 30
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