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High Tide
Exterior image of a High Tide Canna Cabana store in Canada

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
akerna BioTrack Cannabiz Media Dutchie Forian
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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
Aleafia Aleafia Health Canada layoffs canadian cannabis layoffs cannabis industry layoffs cannabis job cuts cannabis layoffs marijuana industry layoffs marijuana layoffs quarterly report
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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
cannabis debt financing capital raises Chicago Atlantic Debt financing equity financing Frank Colombo MariMed Patrick Rea Poseidon Garden Ventures Silver Spike Acquisition Corp. Susan Villare Viridian Capital Advisors
Chart of cannabis capital rasies by sector 2017-22.

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
Ayr ayr strategies Ayr Wellness cannabis layoffs Dispensary 33 Goat AZ
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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 aurora cannabis CANADA
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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
cannabis financing Cannabis Resource Optimization Program colorado Colorado Energy Office energy efficiency
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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
california cannabis cash flow chicago debt earnings florida los angeles MedMen MedMen Enteprises new york restructuring Thor Equities Group
Image of a MedMen store in West Palm Beach, Florida

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
cannabis acquisitions CCAA Companies' Creditors Arrangement Ac creditor protection sndl stalking horse bid Superette
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SNDL closes purchase of Superette cannabis stores, brand IP

Canadian marijuana company SNDL closed its purchase of five Superette cannabis stores in Ontario as part of a…

News February 7
artie minson cannabis tech Cannabis technology cannabis wholesale Karan Gupta LeafLink marijuana wholesale Ryan G. Smith Zach Silverman
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Cannabis tech platform LeafLink raises $100 million amid management shuffle

New York-based cannabis wholesale technology platform LeafLink raised $100 million in a Series D financing as its founders…

News February 1
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