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Latest In: Finance

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Cannabis advertising company Weedmaps lays off 10% of staff

California-based cannabis advertising giant Weedmaps said it has laid off about 10% of its workers because of a…

News August 16
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Greenlane to sell off marijuana packaging division in wake of merger

Ancillary cannabis company Greenlane Holdings plans to sell its marijuana packaging division after merging with KushCo in 2021.

News August 16
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New Jersey adult-use cannabis sales reach nearly $80M in 2nd fiscal quarter

New Jersey adult-use cannabis businesses recorded nearly $79.7 million in total sales between April 21 and June 30…

News August 15
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Curaleaf takes 55% stake in German cannabis company for 19.7 million euros

U.S. marijuana multistate operator Curaleaf Holdings signed a deal to acquire a 55% stake in German medical cannabis…

News August 11
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Marijuana MSO Parallel faces financial hurdles after $1.9B SPAC deal collapses

William "Beau" Wrigley Jr. and his Parallel marijuana company face litigation over a failed merger with Scooter Braun's…

News August 8
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Canopy reports CA$2.1 billion loss on massive cannabis unit impairments

Canopy Growth Corp. reported the worst quarterly loss in its history as the company’s "value" cannabis sales declined…

News August 5
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How to create a mission statement for your cannabis business

Following up on my previous column on what a mission statement is, why it’s important and how it…

News August 3
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Scotts’ Hawthorne marijuana grow sales plummet 63% in latest financial quarter

Scotts Miracle-Gro’s Hawthorne unit took another big hit in the company’s fiscal quarter ended July 2 because of…

News August 3
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Cannabis REIT NewLake expands credit facility from $30 million to $90 million

NewLake Capital Partners, a cannabis industry real estate investment trust (REIT), expanded its five-year revolving credit facility by…

News August 2
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Nevada cannabis producer Flower One extends maturity date for $6M in debt

Nevada cannabis cultivator producer company Flower One Holdings amended the terms of a short-term debt agreement to extend…

News August 1
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