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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
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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
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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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Curaleaf acquires Utah medical cannabis retailer for $20 million

New York-based Curaleaf Holdings is spending $20 million to acquire Deseret Wellness, the largest medical cannabis retailer in…

News March 30
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Marijuana lender Sweet Leaf Madison Capital closes $100 million debt facility

Marijuana industry finance company Sweet Leaf Madison Capital closed a $100 million debt facility, which could be increased…

News March 30
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Canadian marijuana retail chain Nova reports reduced net loss for 2022

Nova Cannabis, the Canadian marijuana retailer behind the Value Buds discount chain, reported a net loss of 11.2…

News March 29
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Marijuana tech firm Leafly pivots from news journalism to consumer content

Seattle-based cannabis e-commerce site Leafly Holdings is pivoting away from reporting on the marijuana industry and will instead…

News March 28
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Cannabis retailer Fire & Flower ends year with CA$89 million loss

Toronto-based cannabis retailer Fire & Flower ended its 2022 fiscal year with a loss of 89.5 million Canadian…

News March 28
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Aurora Cannabis warned by Nasdaq about low stock price

Aurora Cannabis has been notified by the Nasdaq that it does not meet the stock exchange’s listing standards…

News March 27
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2nd lawsuit filed against cannabis REIT Innovative Industrial Properties

Legal woes are piling on for Innovative Industrial Properties, as another shareholder has accused the cannabis-focused real estate…

News March 22
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