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Latest In: Finance

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Big California marijuana distributor Herbl collapses, brands left unpaid, sources say

Herbl, a major licensed California marijuana distribution company, is in receivership after falling behind on a key loan,…

News June 20
Abner Kurtin Ascend Wellnes Holdings cannabis financing Devi Holdings equity financing john hartmann maryland dispensaries private placement
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Cannabis MSO Ascend Wellness raising $7 million in private placement

Ascend Wellness is planning to raise $7 million in a private placement offering, the New York-based marijuana multistate operator…

News June 20
marijuana mso Marijuana MSO earnings Marijuana MSOs marijuana multistate operators MSO multistate operators
Map showing the number of marijuana multistate operators per state.

Marijuana MSO footprints mapped out in new feature

MJBizDaily mapped a series of visuals illustrating where each marijuana multistate operator is operational.

News June 20
acreage holdings Bill Van Faasen Brian Mulroney Canopy Growth Canopy USA Dennis Curran Douglas Maine john boehner Katie Bayne Kevin Murphy Patricia Lopez Steven Strom
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Cannabis MSO Acreage streamlines board ahead of Canopy acquisition

New York-based cannabis multistate operator Acreage Holdings streamlined its board of directors to prepare for the company's acquisition…

News June 16
Alimentation Couche-Tard bankruptcy Canada cannabis retail CCAA Companies' Creditors Arrangement Ac Couche-Tard Fire & Flower insolvency retail Toronto Stock Exchange
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Cannabis retail chain Fire & Flower to be cut from Toronto Stock Exchange

Financially distressed Canadian cannabis retail company Fire & Flower Holdings is being delisted from the Toronto Stock Exchange…

News June 16
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Opinion: 4 signs your cannabis customer is not going to pay you

Every month that you hold on to nonpaying debt from cannabis customers, the probability of collection is significantly…

News June 16
HEXO Tilray
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Shareholders of cannabis firm Hexo approve Tilray takeover

Shareholders of Canadian cannabis producer Hexo Corp. approved Tilray’s court-accepted plan to acquire all the issued and outstanding…

News June 15
Annu Khot capital raise capital raises Illinois recreational marijuana capital marijuana inclusion Sociale
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Illinois minority-owned marijuana retailer raises $3 million for expansion

Socíale, a minority-owned marijuana retailer in Illinois, raised $3 million to fund its expansion plans in the state.

News June 15
Canada cannabis retail Canada retail sales Dispensaries High Tide Raj Grover retail
Exterior image of a High Tide Canna Cabana store in Canada

Canadian cannabis retailer High Tide narrows quarterly net loss to CA$1.6M

Major Canadian cannabis retail chain High Tide posted a net loss of 1.6 million Canadian dollars ($1.2 million)…

News June 15
aurora cannabis CEO Miguel Martin Denmark Nordic Sky
Image of Aurora Cannabis' Nordic Sky facility in Denmark

Aurora Cannabis closing production facility in Denmark

Canadian producer Aurora Cannabis is closing its remaining facility in Denmark and moving production to Canada in a…

News June 14
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