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Latest In: Finance

Cronos
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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
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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
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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
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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
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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
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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
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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
Goodness Growth Holdings marijuana acquisition terminated Supreme Court of British Columbia Verano Holdings
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Goodness Growth starts court process after Verano ends marijuana acquisition

After vowing to do so, Minnesota-based Goodness Growth Holdings filed a notice of civil claim seeking unspecified damages…

News October 24
cannabis creditor protection CCAA Companies Creditors Arrangement Act creditor protection financial restructuring Flowr The Flowr Corp. The Flowr Corporation
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Canadian marijuana company Flowr receives initial creditor protection order

Canadian marijuana cultivator The Flowr Corp. received an initial creditor protection order from a Canadian court as the…

News October 24
Capital Markets Tribunal Cronos NASDAQ Ontario Securities Commission Toronto Stock Exchange William Hilson
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Ontario securities regulator hits cannabis producer Cronos for faulty financial statements

Ontario’s securities regulator said it entered into settlement agreements with cannabis producer Cronos Group and one of its…

News October 21
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