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Tobacco giant ups stake in cannabis firm Organigram with CA$124.6M investment

British American Tobacco is once again increasing its investment in Canadian cannabis producer Organigram Holdings, this time deepening…

News November 6
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Marijuana MSO MedMen delays filing 2023 financials

Marijuana multistate operator MedMen Enterprises says it will be late to file its annual financial report for its…

News November 3
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Republican-led federal marijuana legalization effort reappears in Congress

A bipartisan but Republican-led effort to legalize marijuana federally was reintroduced in Congress last week, but chances for…

News November 2
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Cannabis automation company Sorting Robotics raises $2 million

Sorting Robotics, a Los Angeles-based industrial automation company for the cannabis industry, raised $2 million in debt financing from…

News November 2
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Cannabis company Ayr Wellness tackles debt with extension, more

Cannabis multistate operator Ayr Wellness is taking several steps to revamp its significant corporate debt.

News November 1
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Congressional marijuana champion Blumenauer to retire

Democratic U.S. Rep. Earl Blumenauer, who has represented Portland, Oregon, and local environs in the House of Representatives…

News October 31
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Marijuana MSOs uplist shares in Canada with eye on US exchanges

As several cannabis multistate operators upgrade their Canadian stock listings to higher-tier exchanges, more are expected to join…

News October 31
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Marijuana companies suing US attorney general in federal prohibition challenge

Four marijuana companies, including a multistate operator, have filed a lawsuit against U.S. Attorney General Merrick Garland in…

News October 27
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Hemp biotech firm 22nd Century Group cuts debt by $8.1 million

Agricultural biotechnology company 22nd Century Group, which focuses on hemp, tobacco and hops, says it has reduced the…

News October 25
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Minnesota government loans to marijuana company still under review

A key Minnesota governmental agency has not approved more than $20 million in loans to marijuana company Hwy35.

News October 24
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