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Latest In: Finance

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AFC Gamma provides $34 million to Sunburn Cannabis in debt capital

Marijuana industry lender AFC Gamma provided $34 million in debt capital to Florida-based dispensary operator Sunburn Cannabis.

News March 27
Ayr Ayr Wellness cannabis debt financing cannabis lending florida mortgage
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Ayr Wellness boosts Florida marijuana cultivation facility mortgage by $8.4M

Marijuana multistate operator Ayr Wellness is increasing by $8.4 million the size of an existing mortgage on a…

News March 27
ATB Securities British American Tobacco hemp Open Book Extracts OrganiGram Holdings
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Canadian cannabis producer Organigram enters US, plans CA$25 million raise

Organigram Holdings has dipped into its strategic investment pool to pick up a minority stake in Roxboro, North…

News March 27
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Calling marijuana a ‘gateway drug,’ House GOP opposes banking reform

Congressional Republicans should oppose marijuana reform, including banking protections, because MJ is a “dangerous, addictive … gateway drug,”…

News March 26
Auxly Cannabis Group CANADA
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Auxly auditor flags ‘going concern’ risk as cannabis firm reports smaller loss

Auxly Cannabis Group’s record 2023 sales helped substantially improve its net loss, but an auditor flagged a “significant…

News March 25
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Massachusetts marijuana worker denied Chapter 13 bankruptcy protection

A marijuana company employee in Massachusetts has been denied bankruptcy protections, highlighting a federal barrier that extends beyond…

News March 25
acquisitions Canada retail sales CEO Paul Wilson Decibel Decibel Cannabis Decibel Cannabis Co. Decibel Cannabis Company Fika Fika Cannabis Fire & Flower
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Decibel selling Prairie Records marijuana stores to Fika; CEO to retire

Canadian operator Decibel Cannabis Co. is selling its Prairie Records marijuana retail stores to retail operator Fika for…

News March 25
marijuana banking issues SAFE Banking SAFER Banking Act Treasury Secretary Janet Yellen
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Treasury Secretary Yellen renews support for marijuana banking reform

U.S. Treasury Secretary Janet Yellen reiterated her support of marijuana banking legislation such as the SAFE Banking Act,…

News March 22
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Canadian cannabis operator SNDL halves annual loss to CA$176.6 million

Alberta cannabis and alcohol company SNDL cut its annual loss in fiscal 2023 in half - to 176.6…

News March 21
ETF exchange traded funds finance stocks Subversive Cannabis ETF Subversive Capital
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Marijuana ETF shutting down not long after launch

Marijuana sector exchange traded fund Subversive Cannabis ETF will close down as of March 28, only half a…

News March 21
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