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
Latest In: Finance
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
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
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
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
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 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
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
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 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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