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New York calling out marijuana operators that are delinquent on payments

New York state's marijuana regulator is monitoring cannabis operators that are 30 days past due on bill payments,

News September 4
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Cannabis producer Organigram closes on second tranche, reaps CA$41.5 million

A British American Tobacco subsidiary acquired roughly 4.4 million Organigram common shares and 8.5 million Class A preferred…

News September 3
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Cannabinoid firm Avicanna pays off debt with funds from $2M private placement

Toronto-based Avicanna said it paid off $1.4 million in debt from August 2023 after closing on a nearly…

News August 30
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SNDL wins stalking-horse bid to buy cannabis edibles producer Indiva

Canadian cannabis and alcohol company SNDL won its stalking-horse bid to acquire Indiva, the country's leading producer of…

News August 29
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Marijuana banking reform still needed if rescheduling occurs, report says

Rescheduling marijuana "is unlikely by itself" to solve the cannabis industry’s longstanding banking woes, according to a new…

News August 28
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December marijuana rescheduling hearing prompts anger, stock sell-off

For the second year running, the $32.1 billion U.S. cannabis industry will head into the Labor Day holiday…

News August 28
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Marijuana MSO Ascend appoints new CEO, CFO in leadership shake-up

Two key executives are out at Ascend Wellness Holdings as the New York-based marijuana multistate operator struggles with…

News August 27
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The Cannabist Co. selling Florida medical marijuana grows, dispensaries for $16.4M

New York-based The Cannabist Co. is selling all 14 of its Florida medical marijuana dispensaries and three cultivation…

News August 23
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Cannabis company TerrAscend to repurchase $10 million in shares

The board of TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, authorized management to repurchase $10 million…

News August 20
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AFC Gamma provides credit totaling $18 million to 3 cannabis operators

AFC Gamma, a real estate investment trust, has set up or expanded credit facilities totaling more than $18…

News August 19
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