Marijuana REIT Innovative Industrial Properties posts $164.2M profit in 2023
Marijuana industry real estate company Innovative Industrial Properties reported $164.2 million in net income for its common shareholders…
News February 27
Latest In: Finance
Canada says cannabis wholesalers must garnish payments over unpaid taxes
Canada’s tax collection agency is following through on a threat to garnish cash from licensed cannabis producers that…
News February 27
Canadian government hiking cannabis regulatory fees in April
The Canadian government is increasing eight regulatory fees levied on the regulated cannabis industry beginning April 1.
News February 26
Marijuana lender AFC Gamma splitting into two companies
Marijuana-sector real estate lender AFC Gamma is splitting off its non-cannabis commercial real estate business into a separate…
News February 23
Canadian recreational cannabis sales surpass CA$5 billion in 2023
Canadian recreational cannabis sales were worth 5.07 billion Canadian dollars ($3.8 billion) in 2023, an increase of 12.2%…
News February 22
Aurora Cannabis appoints new chief financial officer, consolidates shares
Aurora Cannabis appointed Simona King, a veteran executive of multinational pharmaceutical company Bristol Myers Squibb, as chief financial…
News February 20
Silver Spike to acquire Chicago Atlantic loan portfolio, expand beyond marijuana
New York-based Silver Spike Investment Corp. will acquire Chicago Atlantic Loan Portfolio in exchange for newly issued shares…
News February 20
Quebec cannabis store SQDC posts CA$33 million third-quarter net income
Quebec's government-owned cannabis retail monopoly reported net income of $33 million Canadian dollars ($24.5 million) for its third…
News February 15
Blüm to acquire 3 California cannabis stores for $9.7 million
California marijuana company Blüm Holdings plans to acquire three Sacramento cannabis retail stores from Operators Only Corp.
News February 14
Organigram eyes US opportunities, laments ‘THC inflation’ in quarterly loss
Canadian cannabis producer Organigram Holdings is eyeing international investment opportunities with its new war chest of capital, and…
News February 14
Latest Sponsored
