Cowen downgrades Columbia, Cresco over lack of marijuana banking reform
Investment bank Cowen has downgraded its outlooks for major cannabis multistate operators Columbia Care and Cresco Labs after…
News December 21
Latest In: Finance
Cannabis MSO earnings resilient through third quarter of 2022
U.S. cannabis multistate operators weathered a storm of challenging economic factors through the third quarter of 2022, with…
News December 20
Marijuana tech firm Agrify seeks gross proceeds of $8.7 million in share offering
Cannabis cultivation technology firm Agrify Corp. priced a public offering of shares and warrants to raise gross proceeds…
News December 19
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
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
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
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
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
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 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
Latest Sponsored
