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Cannabis tech company Weedmaps posts $2 million profit after rough period

California-based WM Technology, which does business as cannabis advertising platform Weedmaps, reported a profit for its most recent…

News August 11
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Canopy repeats going concern doubts amid falling cannabis sales

Canopy Growth Corp. reiterated doubts about its ability to stay afloat when the Canadian cannabis producer reported its…

News August 10
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Sales for Scotts’ marijuana subsidiary plummet again in latest quarter

Sales at Hawthorne Gardening Co., the marijuana grow subsidiary of Scotts Miracle-Gro, were further diminished for the quarter…

News August 9
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Trulieve Cannabis alleges ex-CFO wrongly expensed more than $350,000

Florida-based marijuana multistate operator Trulieve Cannabis is evaluating its options after discovering the company's former chief financial officer…

News August 9
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MJBizDaily conducting survey on diversity in US cannabis industry

To better understand the state of diversity and inclusion in the U.S. cannabis industry, MJBizDaily is launching its…

News August 8
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Cannabis firm Tilray buying 8 Anheuser-Busch beverage brands for $85 million

Canadian cannabis producer Tilray Brands is adding to its alcohol portfolio with the acquisition of eight beverage brands…

News August 8
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Marijuana industry spends millions lobbying as shutdown threatens SAFE Banking

The cannabis industry continues to spend millions of dollars on high-powered lobbyists to sway U.S. senators to pass…

News August 8
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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
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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
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