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Latest In: Finance

cannabis mergers and acquisitions chang yi distressed mergers and acquisitions smoakland Sublime
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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
Ace Venture Enterprises Ace Ventures acquisitions Chicago Atlantic Goodness Growth Goodness Growth Holdings innovative industrial properties new york Steven Acevedo Vireo Health Vireo Health of New York
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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
acquisitions Standard Wellness Standard Wellness Holdings The Cannabist The Cannabist Co. Utah Utah medical cannabis Utah medical marijuana
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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
cannabis earnings cannabis earnings reports fourth quarter earnings glass house Glass House Brands Kyle Kazan quarterly report quarterly results
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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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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
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