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Latest In: Finance

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
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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
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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
adult-use cannabis legalization florida Florida adult-use marijuana Smart & Safe Florida Smart and Safe Florida Trulieve Cannabis
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Trulieve adds $550,000 to Florida’s adult-use marijuana campaign

Multistate operator Trulieve Cannabis donated another $550,000 toward an adult-use marijuana legalization advocacy campaign in its home state…

News June 13
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Charlotte’s Web CBD founders move to block board nominees

In the wake of revenue and stock price declines, the founders of Colorado-based CBD and hemp company Charlotte's…

News June 12
Canadian Access to Cannabis for Medical Purposes Regulations TerrAscend
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Cannabis firm TerrAscend sells head office in Canada for under asking price

TerrAscend Corp., a North American cannabis operator, has sold its head office in Mississauga, Ontario, for 19.7 million…

News June 8
marijuana banking marijuana banking reform SAFE Banking SAFE Banking Act
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Marijuana SAFE Banking bill could be heard in US Senate within ‘weeks’

Marijuana banking reform legislation could be heard in a key U.S. Senate committee before the end of June,…

News June 8
acquisitions Aleafia Aleafia Health cannabis business loans cannabis mergers and acquisitions marijuana loans marijuana mergers and acquisitions Red White & Bloom
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Red White & Bloom to acquire distressed Canadian cannabis operator Aleafia

Marijuana multistate operator Red White & Bloom Brands plans to acquire financially troubled Canadian cannabis operator Aleafia Health…

News June 7
cannabis taxes Connecticut Gov. Ned Lamont marijuana taxes tax credits tax deductions
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Connecticut repeals marijuana investor tax credit, permits new tax deductions

Connecticut is repealing a program that provided a tax credit to marijuana industry angel investors while changing its…

News June 7
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