Marijuana platform Leafly to cut 56 jobs, will save $16 million
Seattle-based marijuana commerce platform Leafly will eliminate 56 jobs, or 21% of its workforce, to save approximately $16…
News October 19
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Colorado cannabis sales slide further in August, hitting only $150 million
Total cannabis sales in Colorado reached only $150.4 million in August, a 2.2% decline from the previous month.
News October 18
Canadian marijuana retailer Fire & Flower raising CA$16M via key investor
Major Canadian cannabis store chain Fire & Flower is raising 16 million Canadian dollars ($11.7 million) from its…
News October 18
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
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
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
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
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
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
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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