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
Latest In: Finance
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
Rhode Island regulators investigating cannabis retailer’s late payments
Rhode Island regulators are reviewing the finances of the Thomas C. Slater Compassion Center, a medical cannabis dispensary…
News July 28
California cannabis delivery service Eaze accused of fraud in lawsuit
The former owners of Green Dragon, a cannabis company operating in Colorado and Florida, allege in a lawsuit…
News July 27
Auxly Cannabis, Imperial Brands extend maturity date of CA$123M debenture
Auxly Cannabis Group and British tobacco giant Imperial Brands agreed to extend by 24 months the maturity date…
News July 27
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
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
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