Latest In: Finance

2022 midterm elections Ascend Wellnes Holdings Ayr Wellness cannabis stocks Columbia Care cresco labs Curaleaf Holdings Green Thumb Industries marijuana stocks Nadine Sarwat TerrAscend Vivien Azer
Image depicting an increase in stock prices

US marijuana stocks up in early trading on midterm election results

Shares of publicly traded U.S. marijuana companies mostly gained value Wednesday morning after the 2022 midterm elections, despite…

News November 9
california california cannabis advertising cannabis advertising Chris Beals Doug Francis weedmaps WM Technology
Image of Chris Beals

Weedmaps CEO Chris Beals out as cannabis tech, ad company posts loss

WM Technology CEO Chris Beals has "decided to step down" and left the company, the cannabis advertising and…

News November 8
alcohol Alpine beer beer Breckenridge Distillery Green Flash beer Montauk Brewing Company SweetWater Brewing Company Tilray Tilray Brands
Image of cannabis buds atop a beer can

Cannabis and alcohol company Tilray acquires craft brewer Montauk

Tilray Brands has taken another step into the beverage alcohol sector, adding New York craft-beer brewer Montauk Brewing…

News November 7
capital raise Harvest Care Medical Heritage Cannabis Heritage Cannabis Holdings Obsidian Global Partners private placement
Image of a stack of $100 bills

Canadian company Heritage Cannabis to raise up to $20M via equity line of credit

Heritage Cannabis Holdings Corp. is raising up to $20 million from Obsidian Global Partners by way of an…

News November 4
Columbia Care cresco labs illinois Illinois cannabis massachusetts Massachusetts Cannabis new york New York cannabis Sean 'Diddy' Combs
Image of Sean "Diddy" Combs

Sean ‘Diddy’ Combs to buy Cresco, Columbia Care marijuana assets for up to $185 million

Business mogul and rapper Sean "Diddy" Combs agreed to buy marijuana retail and production assets owned by Columbia…

News November 4
cannabis credit ratings Canopy Growth Constellation Brands Fitch Ratings
Image depicting a decline

Fitch chops Canopy rating, citing cannabis producer’s Constellation link

Fitch Ratings downgraded its assessment of Canadian cannabis producer Canopy Growth to CCC-, one of the agency's lowest ratings.

News November 3
Canadian Securities Exchange cannabis stocks cannabis uplisting Canopy Growth Canopy USA Marijuana MSOs NASDAQ TMX Group Toronto Stock Exchange
Image depicting an increase in stock prices

Could US marijuana companies follow Canopy to the Toronto Stock Exchange?

Ontario, Canada-based licensed cannabis producer Canopy Growth's plans to launch Canopy USA to accelerate its acquisitions of three…

News November 2
Companies' Creditors Arrangement Ac SDNL Zenabis Group
Image of the letters M&A in the sky

SNDL successful in bid to acquire marijuana producer Zenabis

Calgary, Alberta-based SNDL said it successfully completed its acquisition of Zenabis Group.

News November 1
HEXO Quebec
Exterior image of a Société québécoise du cannabis store

Cannabis producer Hexo reports CA$1.1 billion loss for year

Quebec-based cannabis producer Hexo Corp. reported a net loss of 102.4 million Canadian dollars ($75 million) for its…

News November 1
Abaca marijuana banking marijuana banking solutions Northern Lights Acquisition Corp. Rockview Digital Solutions Safe Harbor Financial SHF Holdings Sundie Seefried
Image depicting computer software

Cannabis financier SHF Holdings buys fintech firm Abaca for $30 million

Colorado-based cannabis-focused finance company SHF Holdings said it is spending $30 million in a cash-and-stock deal to acquire…

News October 31
MJBizCon Logo