Marijuana MSO MedMen evaluating sale of assets in three states
California-based marijuana multistate operator MedMen Enterprises has hired ATB Capital Markets to review and potentially help the company…
News February 21
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Arizona firm 1606 raises $20 million for hemp and CBD acquisitions
Phoenix-based hemp and CBD retail and distribution company 1606 Corp. raised up to $20 million through an equity…
News February 17
Cannabis firm High Tide splits with CFO, refiles financial statements
Calgary, Alberta-based cannabis firm High Tide and Chief Financial Officer Rahim Kanji have mutually agreed to part ways.
News February 15
Forian exits marijuana industry with $30 million sale of BioTrack to Alleaves
Technology company Forian said it is selling cannabis software provider BioTrack for $30 million in cash to Alleaves…
News February 13
Canadian cannabis company Aleafia Health reports job cuts in latest quarter
Ontario, Canada-headquartered cannabis company Aleafia Health said it cut its "full-time equivalent" staff head count by 20% during…
News February 13
High cost of raising capital in marijuana industry expected to continue in 2023
Many marijuana companies seeking capital are expected to find limited pickings and costly terms this year, providing little…
News February 13
Cannabis MSO Ayr Wellness to sell recently acquired Arizona assets
Miami-based multistate marijuana operator Ayr Wellness is divesting its recently acquired Arizona assets and entering the Ohio market.
News February 10
Aurora posts positive adjusted EBITDA on marijuana sales growth
Edmonton, Alberta-based Aurora Cannabis posted positive adjusted earnings before EBITDA worth 1.4 million Canadian dollars ($1 million) in…
News February 9
Colorado launches energy-efficiency program for cannabis cultivators
Colorado is offering "free technical assistance and access to financing for cannabis cultivators" as part of a program…
News February 9
Cannabis MSO MedMen warns about cash situation, ability to stay afloat
California-based cannabis multistate operator MedMen Enterprises is warning investors that it might not have enough money to "meet…
News February 7
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