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Marijuana multistate operators continue to flee regulated state markets

Publicly traded marijuana multistate operators exited regulated cannabis markets through late 2023, continuing a pattern fueled by increased…

News April 9
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Cannabis operators’ delinquent payments total more than $3.8 billion, report says

Total delinquent payments by U.S. cannabis operators have exceeded $3.8 billion and could balloon to $4.2 billion in…

News April 3
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Canadian producer Heritage Cannabis granted creditor protection

Heritage Cannabis is the latest Canadian marijuana producer to obtain an order for creditor protection as a wave…

News April 3
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Canadian marijuana operator Indiva weighs options, including potential sale

Canada's leading producer of cannabis edibles, Indiva Limited, has hired a financial adviser to help the company evaluate…

News April 2
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California marijuana delivery firm Smoakland acquires manufacturer

Marijuana delivery company Smoakland is acquiring Sublime, a fellow California operator that manufactures pre-rolls, vaporizers, extracts and edibles.

News April 2
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Cannabis operator Goodness Growth selling Vireo Health of New York

Cannabis multistate operator Goodness Growth Holdings is selling its subsidiary Vireo Health of New York (VireoNY) to Ace…

News April 2
Auxly Auxly Cannabis Group Imperial Brands
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Imperial Brands converts CA$123 million in debt to Auxly Cannabis shares

Imperial Brands has converted more than 123.4 million Canadian dollars ($90.6 million) in total debt to shares of…

News April 1
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Standard Wellness buys Utah Cannabist medical marijuana dispensary for $6.5M

Multistate operator Standard Wellness Holdings has acquired a medical marijuana dispensary in Springville, Utah in a deal that…

News April 1
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Cannabis operator Glass House posts record revenue of $160.8 million in 2023

California cannabis producer and retailer Glass House Brands reported fourth-quarter improvements in gross profits and margins for the…

News March 28
CANADA Rubicon Organics
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Cannabis producer Rubicon reports quarterly profit of nearly CA$900,000

Rubicon Organics reported a modest profit of 889,166 Canadian dollars ($656,000) in its fourth quarter ended Dec. 31,…

News March 28
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