Cannabis marketer, distributor Petalfast raises $8 million from family offices
Petalfast, a California-based cannabis sales, marketing and distribution company, raised roughly $8 million from investors, including private family…
News January 18
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Michigan’s total marijuana sales reach $3 billion in 2023
Marijuana retailers in Michigan sold a whopping $3.06 billion in adult-use and medical products in 2023, according to…
News January 17
Cannabis prospectuses in Ontario fell dramatically in 2023, data shows
The number of prospectuses filed in Ontario by cannabis companies in connection with public offerings of securities declined…
News January 17
Marijuana operator Unrivaled Brands completes reorg, reverse stock split
California marijuana company Unrivaled Brands is now under the Blüm Holdings umbrella after completing a previously announced strategic…
News January 17
Cannabis operator Canopy Growth terminates $30M private placement
A private placement of shares and warrants announced by Canopy Growth Corp. was terminated only three days after…
News January 16
Canadian cannabis company Safari Flower accesses creditor protection
Canadian cannabis grower and processor Safari Flower Group is insolvent and has received an initial creditor protection order…
News January 16
Australian marijuana grower ECS reports record sales of AU$7.3 million in quarter
ECS Botanics Holdings, an Australian medical marijuana cultivator in Victoria, reported a significant jump in revenue to 7.3…
News January 16
Opinion: What marijuana investors should watch for in the year ahead
From legislative and regulatory changes to market sensitivity and price stabilization to M&A dynamics, it will be crucial…
News January 12
Cannabis operator Tilray trims loss to $46 million in quarter on record sales
Canadian cannabis producer Tilray Brands trimmed its loss to $46.2 million (61.6 million Canadian dollars) in the second…
News January 9
Troubled cannabis company Canopy Growth raising $30 million
Hard-pressed Canadian cannabis company Canopy Growth Corp. is selling equity for cash, announcing a private placement of shares…
News January 9
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