Latest In: Finance

Aleafia Aleafia Health cannabis business loans loans marijuana loans NE SPC II strategic review
Image depicting company financial losses

As debt looms, Canadian cannabis company Aleafia starts strategic review

Canadian cannabis producer Aleafia Health has launched a strategic review process to determine the company's options as it…

News May 25
California adult-use marijuana industry cannabis credit crisis cannabis sale-leaseback Financial Stability for California Cannabis Lowell Farms marijuana debt monterey county New Wilston Associates sales leaseback
Image of a sold sign on a property on the market

Lowell Farms sells cannabis processing plant for $19 million in leaseback deal

Vertically integrated California cannabis operator Lowell Farms sold its Monterey County processing plant for $19.4 million to New…

News May 25
Chalice Brands Chalice Farms debt marijuana receivership oregon
Image of a judge's gavel hitting a pile of $100 blls

Oregon marijuana retail chain Chalice Farms seeks receivership

Canadian holding company Chalice Brands, doing business as Chalice Farms, filed court documents asking to place five of…

News May 25
accounting Agrify cannabis compliance compliance NASDAQ
Image of a Nasdaq sign

Nasdaq gives marijuana tech firm Agrify another warning

The Nasdaq stock exchange sent another warning to Agrify Corp., this time notifying the marijuana technology company it…

News May 24
analyst coverage Andrew Semple BTIG Canaccord Genuity Cowen Echelon Partners Jesse Redmond matt bottomley Matt Karnes Pablo Zuanic TD Bank Vivien Azer
Image of a financial chart with uptrend line candlestick graph in stock market

Fewer research analysts covering cannabis underscores industry woes

Fewer research analysts are covering the U.S. cannabis industry, which experts say reflects the challenging economic headwinds facing…

News May 24
Bright Green Bright Green Corp. dea Drug Enforcement Administration EB-5 Immigrant Investor Visa Program florida medical cannabis new mexico private placement research
Image of a cannabis leaf on top of $100 bills

Marijuana cultivator Bright Green secures $3.5 million private placement

An institutional investor has agreed to buy more than 3 million shares in Florida-based marijuana cultivation company Bright…

News May 23
Arizona Medical Cannabis Business & Marijuana Legal News Canada cannabis Doug Bowden financial restructuring Item 9 Labs Michael Weinberger Sessions Cannabis
Image depicting a management change

Cannabis operator Item 9 Labs cutting $3.5M in expenses in restructuring plan

Vertically integrated cannabis producer and retailer Item 9 Labs Corp. has initiated a restructuring plan that includes cutting…

News May 23
BZAM Green Organic Dutchman Holdings Matt Milich TGOD
Image depicting investments

Chair of Canada’s BZAM cannabis company invests $3.7 million

Bassam Alghanim, chair of Canadian licensed cannabis producer BZAM, is investing five million Canadian dollars ($3.7 million) in…

News May 19
california assembly bill 766 California Assemblymember Phil Ting cannabis credit crisis credit management association Glass House Group Herbl Kiva Nabis sunderstorm the parent company unpaid invoices
Image of a pen and Past Due stamp sitting atop a payment voucher

New California cannabis coalition aims to tackle credit crisis

A group of California cannabis companies have formed a new coalition to raise awareness and provide solutions to…

News May 16
CANADA Canopy Growth
Image depicting financial statements

Cannabis producer Canopy Growth to refile financial statements

Canadian cannabis producer Canopy Growth Corp. plans to refile some of its financial statements for the fiscal year…

News May 12
MJBizCon Logo