Tilray discloses $1.2B quarterly loss, plan to buy cannabis rival Hexo for $56M
Canadian cannabis producer Tilray Brands reported a net loss of $1.2 billion (1.5 billion Canadian dollars) for its…
News April 11
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POSaBit won’t match higher bid for Akerna’s marijuana software business
Akerna Corp. backed out of an agreement to sell its marijuana software businesses for $4 million to POSaBit…
News April 7
Judge orders Michigan marijuana stores handed back to Skymint
A Michigan judge ordered marijuana retailer 3Fifteen Cannabis to relinquish control of several stores to competitor Skymint after…
News April 5
Canadian cannabis companies SNDL, Nova to amend complex retail deal
Canadian cannabis producer SNDL and retail operator Nova Cannabis are amending a previously announced deal in which SNDL…
News April 4
POSaBit acquires Hypur’s marijuana e-commerce assets for up to $7.5 million
POSaBit Systems Corp. acquired marijuana e-commerce and compliance software assets from Hypur for as much as $7.5 million…
News April 3
NBA to allow players to promote, invest in and consume cannabis
A groundbreaking bargaining agreement between the National Basketball Association and its players association would allow players to invest…
News April 3
US cannabis firms could gain from Canadian Securities Exchange plan
The Canadian Securities Exchange (CSE)'s new senior tier could offer U.S. cannabis companies lower capital costs and a…
News March 31
Paychex ceasing direct deposits, other services to cannabis firms
U.S. cannabis operators are scrambling to find a new payroll provider after receiving a memo from Paychex advising…
News March 31
Cannabis vape hardware firm Greentank raises $16.5 million
Vape hardware manufacturer Greentank Technologies closed a Series B financing round worth $16.5 million with an unspecified "strategic…
News March 31
Marijuana financier Safe Harbor resolves $64.7 million debt
Colorado-based marijuana finance company SHF Holdings, which does business as Safe Harbor Financial, agreed to settle its $64.7…
News March 30
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