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
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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
MedMen lays off almost two dozen at Las Vegas cannabis store
MedMen Enterprises has laid off most of its staff at its top-performing cannabis store in Nevada, former employees…
News February 13
Marijuana, hemp owners invited to share insights in MJBiz Factbook survey
The MJBizDaily editorial team invites business owners, executives and entrepreneurs in the marijuana and hemp sectors to participate…
News February 13
Small cannabis businesses subject to new ownership reporting rule
Many U.S. cannabis companies will need to comply with a new reporting requirement under federal law, an attorney…
News February 13
Opinion: Is Trulieve’s refund claim the cannabis industry’s way out of 280E?
Trulieve Cannabis Corp.'s highly publicized $143 million federal income tax refund claims created a frenzy of hope that…
News February 9
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