Latest In: Finance

florida Kim Rivers layoffs Pennsylvania Trulieve
Image of a scale with the word Downsize

Trulieve Cannabis lays off Pennsylvania workers on heels of $115M quarterly loss

Trulieve Cannabis lays off up to three dozen employees at Pennsylvania grow operation a month after reporting a…

News December 16
Canada cannabis Charlie Bowman HEXO HEXO Corp quarterly report share consolidation
Image of Canadian cannabis

Cannabis company Hexo consolidates shares, posts CA$52.1M quarterly loss

Canadian cannabis company Hexo Corp. on Thursday announced a share consolidation and posted a 52.1 million Canadian dollar…

News December 15
marijuana banking SAFE Banking Act
Image of the Senate wing at the U.S. Capitol buidling

As SAFE Banking prospects fade in Congress, marijuana industry tempers hopes

Though some marijuana multistate operator executives remain hopeful, others in the industry are skeptical that Congress will pass…

News December 14
Canada cannabis retail cannabis retail Fire & Flower quarterly report
Interior image of a Fire & Flower cannabis store.

Cannabis retailer Fire & Flower posts CA$28.1 million quarterly net loss

Canadian cannabis retailer Fire & Flower reported a net loss of 28.1 million Canadian dollars ($20.7 million) for…

News December 13
capital raise Jushi Jushi Holdings
Image of a cannabis leaf on top of $100 bills

Cannabis MSO Jushi closes debt financing with $72 million in proceeds

Florida-based cannabis multistate operator Jushi Holdings said it has closed a private offering with proceeds of $72 million.

News December 12
Avant Brands CANADA CCAA Companies Creditors Arrangement Act creditor protection Darren Karasiuk Flowr Norton Singhavon The Flowr Corp.
Image of a sold sign on a property on the market

Canadian marijuana company Flowr selling assets for CA$5.1 million-plus

British Columbia cannabis cultivator The Flowr Corp. is selling "substantially all" of its assets to Avant Brands K1…

News December 9
Aurora aurora cannabis Debt financing debt repurchase
Image of 100-dollar Canadian notes

Aurora Cannabis repurchases CA$103 million worth of debt

Canadian marijuana company Aurora Cannabis is continuing its debt-reduction quest, repurchasing roughly 103 million Canadian dollars ($76.1 million)…

News December 5
capital markets layoffs marijuana layoffs NASDAQ SPAC springbig Tuatara Capital Acquisition
Image of the word SPAC on a stock exchange board

Marijuana software firm Springbig laying off nearly 25% of workforce

Springbig, a Florida-based technology company that builds marijuana-specific marketing software, said it is cutting almost a quarter of…

News December 1
cannabis concentrates cannabis merger and acquisitions concentrates Curaleaf Holdings Grassroots Grassroots Cannabis Las Vegas MJBizCon 2022 NASDAQ new york New York Office of Cannabis Management SAFE Banking SAFE Banking Act Tryke TSX
Image of Matt Darin

The upside of uplisting cannabis stocks: Q&A with Curaleaf CEO Matt Darin

CEO Matt Darin discusses Curaleaf's interest in uplisting to a larger stock exchange, recent layoffs and New York's…

News December 1
CANADA organigram
Image of dollar signs on a chalkboard increasing in size, left to right

Organigram nears profitability as cannabis sales jump to CA$145.8 million

Cannabis producer Organigram Holdings said its sales soared in the fourth quarter and for the year ended Aug.…

News November 29
MJBizCon Logo