Canadian cannabis operator SNDL implements restructuring plan
Canadian cannabis and alcohol company SNDL is implementing wide-ranging cost-cutting measures to reduce expenses and improve efficiencies.
News July 16
Latest In: Finance
Cannabis MSO Ascend seeks ‘financial flexibility’ via $235M private placement
Cannabis multistate operator Ascend Wellness Holdings said it's received commitments to raise $235 million in a private placement.
News July 15
What to do when your marijuana business goes up in smoke
Bankruptcy hasn’t been an option for most marijuana companies, but restrictions do not apply to Chapter 15, or…
News July 12
Illinois races to $1 billion in cannabis sales faster this year than in 2023
Total cannabis sales in Illinois surpassed $1 billion for the second consecutive year. But it happened faster this…
News July 11
Cannabis tech provider Lucid Green raises $1.4 million for expansion
Lucid Green, a cannabis supply-chain service provider based in New York, said it has raised $1.4 million to…
News July 11
Delaware to allow medical marijuana operators to pivot to adult use for $200K
Delaware adult-use marijuana sales will begin by April 2025 if Gov. Jay Carney signs four bills passed by…
News July 8
SNDL acquires Delta 9 Cannabis debt for CA$28.1 million, agrees to buy Indiva
Canadian marijuana and alcohol company SNDL has acquired the debt of Delta 9 Cannabis for 28.1 Canadian dollars…
News July 8
Maryland’s total marijuana sales surpass $1 billion in first year of adult use
Since Maryland’s adult-use cannabis market launched on July 1, 2023, state-licensed retailers have sold more than $1.1 billion…
News July 8
Marijuana MSO 4Front appoints co-founder Krane to board chair
Arizona-based 4Front Ventures, a vertically integrated, marijuana multistate operator, promoted current director Kris Krane to board chair.
News July 5
What tax deductions will be available to marijuana companies if 280E disappears?
Marijuana rescheduling would liberate plant-touching companies from 280E, which prohibits businesses from deducting ordinary expenses.
News July 5
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