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Latest In: Finance

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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
FocusGrowth Asset Management Jason Wild share repurchase TerrAscend Corp. Toronto Stock Exchange
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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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Rescheduling alone wouldn’t solve the marijuana industry’s banking problem

Marijuana rescheduling would alleviate certain burdens for regulated operators but would do little to address cannabis banking difficulties.

News August 16
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Marijuana MSOs set up high-risk fight with IRS over 280E of tax code

Tens of millions of dollars in tax savings and a quick increase in available cash are some of…

News August 15
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Cannabis operator TerrAscend secures $140 million loan

TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, has closed on a $140 million senior secured term…

News August 14
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Florida-based Trulieve hits back over ‘Canadian marijuana company’ claim

Trulieve Cannabis Corp. is the biggest marijuana company in Florida - and, to be clear, it is absolutely…

News August 14
CANADA cannabis mergers and acquisitions mergers and acquisitions Nova Cannabis Inc. SNDL Inc.
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SNDL agrees to acquire remaining interest in Nova Cannabis

Canadian marijuana producer SNDL will buy the remaining shares of retailer Nova Cannabis for about 40 million Canadian…

News August 13
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Cannabis MSO Curaleaf swaps CEOs, stakes out new 280E tax position

Boris Jordan is succeeding Matt Darin as CEO at cannabis operator Curaleaf Holdings, which is taking a new…

News August 8
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