Latest In: Finance

acreage holdings Canopy Growth Jetty Extracts NASDAQ Toronto Stock Exchange wana brands
Image of Toronto Stock Exchange building

Toronto exchange OK with Canopy’s US cannabis plan despite Nasdaq objection

The chief executive of the Toronto Stock Exchange has suggested that Canopy Growth's proposed structure to speed its…

News October 28
cannabis business loans Chicago Atlantic Chicago Atlantic Real Estate Finance credit facilities loans marijuana loans Verano Verano Holdings
Image of a stack of $100 bills

Marijuana MSO Verano refinances $350 million credit facility

Marijuana multistate operator Verano Holdings refinanced its existing $350 million credit facility from cannabis industry real estate lender…

News October 27
Bloomios InfusionZ NASDAQ Upexi
Image of two businesspeople shaking hands

Hemp product manufacturer Bloomios acquires gummy maker for $23.5 million

California-based Bloomios, a white-label and private-label hemp product manufacturer, acquired gummy maker Infusionz for $23.5 million.

News October 27
Cronos
Image depicting unstable stocks

Cannabis producer Cronos fined CA$1.3 million by Ontario securities regulator

Canadian cannabis producer Cronos Group has been slapped with sanctions, including an administrative penalty of 1.3 million Canadian…

News October 27
cannabis debt financing cookies ExtractionTek Stainless Lowell Farms marijuana funding Noxx Pelorus Equity Group TerrAscend
Chart showing the shift to debt financing in the cannabis industry

Debt financing eclipses equity in US marijuana cultivation and retail fundings

Capital raises in the U.S. marijuana industry are down nearly 65% this year versus 2021, but lower stock…

News October 27
acreage holdings Canopy Growth Canopy USA Jetty Extracts NASDAQ wana brands
Image of the Nasdaq exchange

Nasdaq objects to Canopy plan to consolidate US cannabis revenue

The Nasdaq stock exchange objects to Canopy Growth’s plan to eventually consolidate the financial results of Canopy USA,…

News October 26
Bob Marley estate Brent David Willis New Age Beverages Corp. NewAge CBD sec U.S. Securities and Exchange Commission
Image of the outside of the U.S. Securities and Exchange Commission

Ex-CBD executive lied about Walmart, military deals to boost stock, SEC says

A former CEO of a publicly traded CBD beverage company lied to investors and the public about distribution…

News October 26
acreage holdings afc gamma cannabis business loans cannabis real estate Canopy Growth Canopy USA loans marijuana loans Viridescent Realty Trust
Image of money growing out of the ground

Cannabis MSO Acreage borrows up to $50M more from AFC Gamma, Viridescent

Cannabis industry real estate lenders AFC Gamma and Viridescent Realty Trust amended their late 2021 loan agreement with…

News October 26
cannabis accounting fraud Cronos Group U.S. Securities and Exchange Commission William Hilson
Image of the outside of the U.S. Securities and Exchange Commission

SEC charges cannabis producer Cronos, former executive with accounting fraud

After settling securities violations with Canadian regulators, Cronos Group was hit again on Monday when the U.S. Securities…

News October 24
CANADA Canadian cannabis sales Statistics Canada
Image of Canadian cash

Canada’s August cannabis sales growth limited by Ontario wholesale outage

Canada’s overall recreational cannabis sales inched higher in August, but a wholesale outage in Ontario, the country's largest…

News October 24
MJBizCon Logo