Marijuana M&A: Distressed, smaller and failed deals expected in 2023
Are blockbuster, billion-dollar marijuana mergers and acquisitions behind us? Possibly, say insiders. But they also predict 2023 will…
News January 23
Latest In: Finance
Cannabis company Hexo regains Nasdaq compliance after share consolidation
Hexo Corp. has regained compliance with the Nasdaq's minimum bid price, allowing the Canadian cannabis company to continue…
News January 20
Former cannabis executive Justin Costello pleads guilty to securities fraud
Justin Costello, a former CEO of Seattle-based GRN Funds, pleaded guilty on Wednesday to securities fraud after posing…
News January 19
Real estate company UC Asset to acquire Oklahoma cannabis property
Atlanta-based real estate investment company UC Asset Limited Partnership announced an all-share deal to acquire an Oklahoma cannabis…
News January 18
IM Cannabis to raise up to $5.5 million; Trichome Financial sale approved
Publicly traded international medical cannabis company IM Cannabis Corp. is launching two non-brokered private placements to raise as…
News January 13
Marijuana software firm Akerna sells asset for much less than it paid
Marijuana industry software firm Akerna Corp. sold enterprise resource planning software 365 Cannabis back to some of 365's…
News January 12
Canadian cannabis company Organigram achieves CA$5.3 million quarterly profit
Canadian cannabis producer Organigram Holdings swung to profitability during the first quarter of its 2023 fiscal year with…
News January 12
California marijuana tech company Blaze buys Tymber e-commerce firm
Blaze, a Los Angeles-based marijuana retail software company, is acquiring e-commerce platform Tymber.
News January 11
Missouri marijuana businesses can deduct expenses on state tax returns
For the first time, legal marijuana businesses operating in Missouri will be able to deduct business expenses when…
News January 10
Share your cannabis business insights in 11th annual MJBiz Factbook survey
The MJBizDaily editorial team is gearing up to produce its 11th annual MJBiz Factbook, and we would like…
News January 10
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