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Latest In: Finance

Auxly Auxly Cannabis Group Auxly Leamington
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Auxly Cannabis inks tentative deal with lenders on credit facility

Auxly Cannabis Group has signed a nonbinding term sheet to amend the credit facility between a syndicate of…

News January 3
420 Investments Ltd. bankruptcy CCAA Companies' Creditors Arrangement Ac FOUR20 insolvency One Plant Trees Trees Corp. Trees Corporation
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Canadian marijuana retailer Trees Corp. enters creditor protection

Insolvent Canadian recreational marijuana retailer Trees Corp. has entered creditor protection, becoming the latest debt-laden cannabis company to…

News January 3
Ryan Blust Tim Mullany Trulieve Cannabis Wes Getman
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Trulieve Cannabis closes $25 million loan, hires new CFO

Florida-based multistate operator Trulieve Cannabis secured a $25 million loan and hired a new chief financial officer.

News January 2
Canadian Securities Exchange CSE debt fintech offering point of sale software POSaBIT POSaBit Systems Corp. TSX Venture Exchange TSXV Exchange
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Marijuana fintech company POSaBit to move to TSXV, raises funds to pay debt

Marijuana payment technology company POSaBit Systems Corp. has applied to list its shares on the TSX Venture Exchange,…

News January 2
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Rescheduling marijuana and the next states to legalize: 7 predictions for 2024

MJBizDaily offers up seven predictions for the U.S. cannabis industry in 2024, including the rescheduling of marijuana.

News January 2
2024 election cannabis consumption lounges cannabis rescheduling marijuana rescheduling predictions price compression SAFE Banking SAFE Banking Act
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Opinion: Will Year of the Dragon breathe fire into the marijuana market in 2024?

Here are eight predictions for trends that could most likely impact state-regulated marijuana markets in 2024.

News December 28
Biden marijuana cannabis legalization cannabis plant viroid delta-8 THC hemp derived cannabinoids hop latent viroid marijuana legalization marijuana rescheduling marijuana viroid
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MJBizDaily’s most popular cannabis business stories of 2023

MJBizDaily lists its most clicked-on cannabis stories of 2023, including those about a dangerous viroid, delta-8 THC and…

News December 27
CANADA
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Canadian recreational cannabis sales rise in October to CA$448.6 million

Canadian sales of recreational cannabis rose to 448.6 million Canadian dollars in October ($336 million), marking a small…

News December 21
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Maryland adult-use cannabis sales hit $56M in November; DC sales dwindle

Adult-use cannabis sales in Maryland grew to nearly $56 million in November, a 1.5% increase over October.

News December 21
california California adult-use marijuana industry California credit union for cannabis businesses cannabis credit crisis cannabis social equity new york Whitney Economics
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Delinquent payments hurting marijuana operators nationwide, survey shows

Delinquent payments are causing a cascade of problems for small and large cannabis operators nationwide, according to a…

News December 21
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