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Latest In: Finance

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Cronos Group pumps $51M into joint venture to expand cannabis production

Canadian cannabis producer Cronos Group is funding its joint venture, Cronos Growing Co., with a $51 million secured…

News June 21
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Cannabis boards have a fiduciary duty to advocate for criminal justice reform

Legal interpretations of a cannabis board director’s fiduciary duty could require companies to fight for true criminal justice…

News June 21
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Blüm nets $24.8M in sale of California cannabis store amid restructuring

California cannabis company Blüm Holdings has sold its controlling interest in an Orange County store for $24.8 million…

News June 18
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Marijuana MSO The Cannabist Co. exiting Florida in corporate restructuring

The Cannabist Co. on Monday announced a restructuring plan expected to save the marijuana multistate operator $10 million…

News June 17
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Cannabis banking protections removed from House budget bill

House Republicans have stripped language containing cannabis banking protections from a federal spending bill, only 10 days after…

News June 17
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Canadian cannabis edibles maker Indiva enters creditor protection

Canada’s leading producer of cannabis edibles is restructuring its business under the nation's bankruptcy protection laws as it…

News June 13
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Marijuana REIT buys Florida property for $13 million in leaseback deal with Ayr

Innovative Industrial Properties, a San Diego-based real estate investment trust focused on the cannabis industry, acquired a $13…

News June 12
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Canopy Growth prepares to raise $250 million for marijuana investments

Days after exercising an option to acquire a U.S.-based marijuana multistate operator, onetime billion-dollar cannabis giant Canopy Growth…

News June 7
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House finance bill would create adult-use sales in DC, marijuana banking

Adult-use marijuana sales could finally begin in Washington, D.C., under a federal budget bill that a Republican-controlled House…

News June 5
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Cannabis MSO Acreage aims to raise $10 million amid ‘deteriorating’ finances

A day after Canadian cannabis company Canopy Growth Corp. exercised its option to acquire Acreage Holdings, the American multistate…

News June 5
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