Australian cannabis firm Cann Group’s cash crunch raises concerns
The Australian Securities Exchange halted trading of Cann Group Limited’s shares after the company's auditor flagged concerns over…
News March 7
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Curaleaf grows 2023 revenue to $1.35B, looks to new marijuana markets
Major marijuana multistate operator Curaleaf Holdings posted $345.3 million in net revenue for the fourth quarter of 2023,…
News March 7
Marijuana MSO Planet 13 prices public offering to raise $11.3 million
Marijuana multistate operator Planet 13 Holdings has priced a public offering to raise gross proceeds of at least…
News March 6
Herbl receivership unloads 3 assets from marijuana distributor’s historic collapse
Two buyers placed winning auction bids of more than $1.4 million to acquire certain assets from California marijuana…
News March 6
New Mexico’s combined marijuana sales surpass $1 billion
Combined sales of legal medical and recreational marijuana in New Mexico have set a record, surpassing $1 billion…
News March 5
Cannabis producer Cronos narrows 2023 loss to $74.5 million
Canadian cannabis producer Cronos Group cut its loss in half in 2023, reporting a deficit of $74.5 million…
News March 4
Marijuana lender Chicago Atlantic extends credit facility maturity to 2026
The financing subsidiary of Chicago Atlantic Real Estate Finance is extending the maturity of its $100 million secured…
News March 1
Aurora Cannabis repays remainder of convertible senior debt
Aurora Cannabis says it has repaid the remaining balance of its convertible senior notes, a landmark in the…
News March 1
Cannabis firm BZAM granted creditor protection with massive unpaid tax bills
Canadian cannabis firm BZAM, which merged with The Green Organic Dutchman in 2022, has been granted creditor protection…
News March 1
Marijuana MSO Verano reports record revenue, net loss for 2023
Chicago-based marijuana multistate operator Verano Holdings reported a record-breaking year for revenue in 2023 despite a net loss…
News February 29
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