Latest In: Finance

adult-use cultivation Anthony Coniglio C3 C3 Industries cannabis REIT marijuana REIT NewLake Capital NewLake Capital Partners
Image of $100 bills hanging on a cannabis plant.

Marijuana REIT NewLake invests $16M in C3 Industries cultivation operation

NewLake Capital Partners is investing $16 million to acquire and retrofit a 58,500-square-foot industrial property in East Hartford,…

News May 9
Canopy Growth Corp. Canopy USA David Klein Jetty Extracts wana brands
Image of two businesspeople shaking hands

Canopy USA exercises options to acquire Jetty, Wana marijuana companies

Canopy USA, the U.S.-domiciled holding company of Canadian cannabis company Canopy Growth Corp., exercised its options to acquire…

News May 7
canadian cannabis Canopy Growth
Image of a pile of Canadian 100 dollar bills

Institutional investor puts $50 million into cannabis operator Canopy Growth

Cannabis producer Canopy Growth raised gross proceeds of roughly $50 million (68 million Canadian dollars) through an exchange…

News May 3
cannabis reform cannabis rescheduling federal marijuana reform federal rescheduling grow operations inflation price compression SAFE Banking SAFER Banking Act schedule 3
Image of cannabis flower buds on blue background

Opinion: Marijuana industry optimism fueled by operational upgrades

Caught up in the next big announcement, the cannabis industry has overlooked impressive work operators did in 2023…

News May 3
cookies Cookies brand TRP TRP Co.
Image of three dice spelling out M&A sitting in front of a calculator, with business graphs in the background

Cookies to acquire ‘related’ cannabis assets in Florida

Marijuana brand Cookies plans to acquire "all operational cannabis assets related to the production and sale of Cookies-branded…

News May 1
AdvisorShares Bernstein Research cannabis stocks Canopy Growth Corp. Jefferies marijuana stocks MSOs Nadine Sarwat Owen Bennett rescheduling stocks
Illustration of a bullish stock market with green trading candles and up arrows and a vibrant glowing green background

US, Canadian cannabis stocks rally after rescheduling report

Cannabis stocks surged Tuesday afternoon on the news that the U.S. Drug Enforcement Administration (DEA) intends to reclassify…

News April 30
biden marijuana rescheduling dea dea rescheduling marijuana rescheduling rescheduling
Image of a person holding a mobile phone bearing the seal of the U.S. Drug Enforcement Administration with the DEA's website in the background

DEA signs off on marijuana rescheduling, report says, but process not done yet

Tuesday’s revelation that the U.S. Drug Enforcement Administration will loosen federal restrictions on marijuana has major implications for the American cannabis…

News April 30
bankruptcy filing Canada's Bankruptcy and Insolvency Act cannabis bankrupcy cannabis industry layoffs Captor Capital Corp. Companies Creditors Arrangement Act Ellen Deutsch Harrison Hankey Capital Herbl Hippos Cannabis john zorbas marijuana receivership MedMen MedMen Enteprises medmen layoffs Nicholas Rinella One Plant receivership Richard Ormond Tilray Tilray Brands Treehouse Real Estate Investment Trust Verano Verano Holdings
image of interior of MedMen store in Long Beach, California

MedMen receiver sets date to meet with creditors after cannabis MSO’s bankruptcy filing

Creditors of cannabis operator MedMen Enterprises will meet in a few weeks as investors seek repayment for hundreds…

News April 30
CANADA KPMG
Image of a businesswoman using calculator and laptop to calculate business operations

Auditor KPMG dumping cannabis clients over ‘elevated risk’

KPMG in Canada has decided to cease providing financial-statement audit services to businesses in the cannabis industry, marking…

News April 29
bankruptcy cannabis bankruptcy Centri Business Consulting Duane Hacienda insolvency Kevin McLaughlin Kojima marijuana bankruptcy rescheduling restructuring Ryan Spengler
Image of bankruptcy law books on a shelf

Marijuana bankruptcy reform could be inching closer for US operators

With federal marijuana rescheduling possible in the near future, bankruptcy reform could be somewhere over the horizon.

News April 29
MJBizCon Logo