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
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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
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
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
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