Cannabis MSO Ascend Wellness expecting 280E tax refunds
Multistate cannabis operator Ascend Wellness Holdings says it has filed amended federal tax returns for several years and…
News March 12
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Israel’s IMC looks to spin out, sell cannabis unit in pivot to biotech sector
IM Cannabis Corp. is proposing a reverse merger with Israeli biotechnology firm Kadimastem in which it would spin…
News March 11
‘Much more stable’ marijuana landscape in 2024, CEO of NewLake REIT says
This year is "a much more stable landscape" for the marijuana sector than in 2023, the CEO of…
News March 11
AFC Gamma is looking to finance ‘unburdened’ cannabis borrowers
Publicly traded cannabis industry lender AFC Gamma reported nearly $16 million in net interest income for its fourth…
News March 8
Marijuana MSO MariMed reports revenue growth to $148.6 million, net loss in 2023
Massachusetts-based marijuana multistate operator MariMed reported a record year for revenue growth and a net loss in its…
News March 7
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
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
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