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
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
Canada’s finance minister warned about cannabis industry ‘financial distress’
Canadian Finance Minister Chrystia Freeland was warned last fall about systemic “financial distress” facing the country's cannabis producers,…
News March 15
Planet 13 recovers some ‘embezzled money’ as 2023 marijuana revenue falls
Planet 13 Holdings has recovered $3.4 million from its case against an investment firm that the marijuana multistate…
News March 14
Jushi looks to boost efficiency as it awaits new adult-use cannabis markets
Multistate operator Jushi Holdings is trying to improve its efficiency and margins as it hopes for new adult-use…
News March 14
Ayr Wellness CEO sees gold in future adult-use marijuana markets
David Goubert, CEO of multistate operator Ayr Wellness, told investors and analysts that the Miami-based company is positioned…
News March 13
Cresco posts $180 million full-year net loss as it looks to new cannabis markets
Cresco Labs posted a $180 million loss in 2023 as the Chicago-based cannabis multistate operator exited two state…
News March 13
The Cannabist looks to marijuana wholesale after ‘arduous 2023’
Marijuana multistate operator The Cannabist Co. is trying to improve its wholesale business as it moves on from…
News March 13
Marijuana REIT Chicago Atlantic reports 17% interest income increase for 2023
The prospect of federal marijuana reform is growing investment and improving equity for Chicago Atlantic Real Estate Finance's…
News March 12
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