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Latest In: Finance

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Canadian cannabis producers’ unpaid tax bills soar as industry seeks reform

A growing number of Canadian cannabis businesses are failing to pay their federal excise taxes on time, a…

News October 18
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TerrAscend closes $45.5 million marijuana debt financing

Multistate marijuana company TerrAscend Corp. has taken a senior secured term loan from cannabis real estate lender Pelorus…

News October 12
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Marijuana financial restatements show industry still maturing, insiders say

The marijuana industry has an accounting problem, with a number of companies correcting errors in financial statements in…

News October 11
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Tilray reports $66 million loss as cannabis sales decline

Cannabis and alcohol company Tilray Brands lost $65.8 million (90 million Canadian dollars) in the first quarter ended…

News October 7
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US, Canadian marijuana stocks surge, decline after Biden announcement

Shares of publicly traded cannabis companies surged late Thursday and then declined Friday morning after U.S. President Joe…

News October 7
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Aurora Cannabis repurchases $23 million worth of debt

Canadian marijuana company Aurora Cannabis reduced its debt load by repurchasing roughly 31.3 million Canadian dollars ($23 million)…

News October 7
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Is multistate cannabis operator Ascend Wellness up for sale?

Abner Kurtin, a former CEO of multistate cannabis operator Ascend Wellness Holdings, is no longer giving interviews since…

News October 7
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Marijuana financier Justin Costello arrested after federal fraud indictments

Marijuana finance executive Justin Costello, former CEO of Seattle-based GRN Funds, has been arrested after allegedly going on…

News October 6
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How a community-marketing program can help your cannabis business

Community marketing/outreach can be an efficient, low-cost way to spread awareness of your cannabis business and also attract…

News October 5
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Marijuana MSO Curaleaf completes purchase of Tryke for $181 million

Marijuana multistate operator Curaleaf Holdings said it closed on its previously announced acquisition of Arizona-based Tryke Cos., with…

News October 5
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