Israeli, German operator IM Cannabis gets Nasdaq price warning
International medical marijuana operator IM Cannabis Corp. has become the latest in the industry to receive a warning…
News August 7
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Maine latest state to offer marijuana businesses some 280E tax relief
Maine will allow legal marijuana businesses to take some tax deductions on their state returns to make up…
News August 7
Canadian government among top unpaid creditors of failed cannabis businesses
Canada’s federal government accounts for a growing share of the unpaid debts racked up by failed cannabis companies,…
News August 7
Story Cannabis Co. acquires four-store chain in Arizona
Multistate operator Story Cannabis Co. acquired four vertically integrated marijuana licenses in Arizona from Devi Holdings.
News August 3
Avicanna completes marijuana unit acquisition from Shoppers Drug Mart
Toronto-headquartered Avicanna announced the closing of its acquisition of the Medical Cannabis by Shopper’s Business unit from major…
News August 3
Canadian cannabis producer Cannara Biotech’s profit rises in quarter
Montreal cannabis producer Cannara Biotech reported a profit of 2.9 million Canadian dollars ($2.2 million) in its third…
News August 3
Financier Pelorus Capital Group prices cannabis real estate securitization
California-based commercial real estate lender Pelorus Capital Group priced a securitization for cannabis-related real estate assets, calling it…
News August 1
Small marijuana businesses take advantage of purported 280E loophole
A growing number of marijuana businesses are taking advantage of a tax strategy that might reduce the costly…
News August 1
Cannabis MSOs Cresco Labs, Columbia Care terminate planned merger
Cannabis multistate operators Cresco Labs and Columbia Care are officially walking away from their planned merger, a deal…
News July 31
Share consolidation sweeps marijuana industry as stock prices flop
In the face of slumping cannabis stock prices, publicly traded Canadian marijuana producers and U.S. ancillary companies are…
News July 31
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