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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
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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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280E, new markets and wholesale revenue highlight cannabis earnings season

Tax strategies took the spotlight in fourth-quarter financial reports from publicly traded U.S. cannabis companies.

News March 21
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Marijuana MSO The Cannabist Co. raises $25.75 million

Marijuana multistate operator The Cannabist Co. raised $25.75 million in senior secured convertible debentures.

News March 20
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Opinion: How to determine the fair market value of your cannabis business

Whether you’re seeking investment, planning to purchase a business or gauging your company’s worth, understanding how to determine…

News March 20
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IRS: Marijuana cash transactions aren’t automatically suspicious

Large cash transactions by marijuana businesses should not automatically be reported as suspicious, according to new IRS guidance.

News March 19
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Curaleaf buying Canadian cannabis operator with eye on global markets

Curaleaf Holdings is continuing its international expansion by signing a deal to acquire Northern Green Canada, a licensed…

News March 19
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Retailer High Tide acquires premium cannabis brand Queen of Bud for CA$1M

Canadian cannabis retailer High Tide has entered into a definitive agreement to acquire high-end brand Queen of Bud,…

News March 18
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Retailer High Tide reports break-even net income, record cannabis sales

Canadian cannabis retailer High Tide reported break-even net income and positive free cash flow in its financial results…

News March 15
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TerrAscend expects $26 million tax refund, shares strategy for marijuana nemesis 280E

TerrAscend Corp. is the latest marijuana multistate operator to announce a plan to stop paying taxes owed under…

News March 15
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