Mastercard ban on cannabis debit-card purchases rocks industry
Mastercard’s new hardline demand that banks and payment processors immediately halt cannabis transactions involving its debit card has…
News July 27
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Canadian cannabis producer Tilray reports $1.4 billion annual loss
Tilray Brands on Wednesday reported a net loss of $1.4 billion (1.9 billion Canadian dollars) for its fiscal…
News July 26
CFOs depart Trulieve, Weedmaps at tough time for cannabis
The departures of chief financial officers at Trulieve Cannabis Corp. and Weedmaps' parent company come at a challenging…
News July 26
Falling stock prices force down cannabis industry CEO pay in 2022
Total compensation for CEOs of cannabis multistate operators fell in 2022 versus 2021, as tumbling marijuana stock prices…
News July 26
New Jersey marijuana advocates question Curaleaf layoffs
Marijuana advocates in New Jersey are questioning why Curaleaf Holdings is reducing production in a state that has…
News July 25
Cannabis operator Aleafia enters creditor protection after failed merger
Financially distressed Canadian cannabis company Aleafia Health has entered creditor protection, shortly after the failure of its attempt…
News July 25
Marijuana MSO Parallel exiting Pennsylvania market
Struggling multistate operator Parallel is exiting the Pennsylvania medical marijuana market, throwing more than 70 employees out of…
News July 21
Opinion: An alternative to bankruptcy for distressed cannabis businesses
U.S. bankruptcy courts will not provide protection to businesses that work with marijuana. Receivership is often employed as…
News July 21
Curaleaf might be next marijuana MSO to list on Toronto Stock Exchange
Curaleaf Holdings hopes to be the next cannabis multistate operator to join TerrAscend on the Toronto Stock Exchange…
News July 20
Marijuana MSO Curaleaf lays off 49 employees in New Jersey
Citing an oversupplied market, marijuana multistate operator Curaleaf is laying off 49 workers at its production facility in…
News July 19
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