Latest In: Finance

cannabis Green Thumb Industries marijuana recreational marijuana
Image depicting cannabis stocks.

Cannabis MSO Green Thumb Industries announces share-buyback program

Cannabis multistate operator Green Thumb Industries' board authorized a $50 million share-repurchase program over the next 12 months.

News September 16
Ben Kolver cannabis banking credit facility debt refinancing Green Thumb Industries GTI
Image of a businessperson fanning out money

Cannabis MSO Green Thumb Industries refinances via $150 million credit facility

Chicago-based Green Thumb Industries plans to use the proceeds and existing cash to retire its $225 million senior…

News September 12
Florida marijuana Florida marijuana legalization marijuana policy project mpp new approach NORML North Dakota north dakota marijuana legalization Smart & Safe Florida
Close-up image of a $100 bill with Ben Franklin's eyes peaking through a cannabis leaf

Longtime marijuana advocacy groups absent from 2024 ballot in FL, ND

The marijuana industry is funding and running the adult-use cannabis legalization campaigns this year without help from legacy…

News September 11
2024 election biden Biden marijuana Brady Cobb florida Florida marijuana legalization kamala harris kamala harris marijuana Trulieve Trump Trump marijuana
Image of Truth Social app open on an iPhone.

Trump endorses Florida marijuana legalization, embraces rescheduling

Former president Donald Trump said he'll vote for marijuana legalization in Florida and further marijuana rescheduling started by…

News September 9
Brett Gelfand cannabis credit crisis credit law delinquencies Herbl MedMen new york New York Conditional Adult-Use Retail Dispensary unpaid invoices Whitney Economics
Image of a pen and Past Due stamp sitting atop a payment voucher

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
CANADA cannabis Germany marijuana medical marijuana
Image of a 3D rendering of stacks of CA$100 bills.

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
CANADA cannabis marijuana medical marijuana Ontario
Image of a pile of $100 bills

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
CANADA cannabis marijuana
Image of three dice spelling out M&A sitting in front of a calculator, with business graphs in the background

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
280E 280e marijuana tax issue banking Biden administration cannabis banking Controlled Substances Act marijuana banking marijuana rescheduling safer banking SAFER Banking Act schedule 3
Image of an open bank vault door with gold light shining through

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
280E administrative rescheduling Anne Milgram Biden administration Biden marijuana dea kamala harris marijuana marijuana legalization marijuana rescheduling rescheduling schedule 3 Trump marijuana
Image of a clock face registering 8 o'clock

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
MJBizCon Logo