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
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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
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
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