Latest In: Finance

financial restatement Verano Holdings
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Marijuana MSO Verano to restate financials from five previous quarters

Marijuana multistate operator Verano Holdings said it must restate five quarterly financial statements dating back to March 31,…

News July 29
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Longtime California cannabis company reaches tax payment deal with IRS

StateHouse Holdings, formerly known as Harborside, agreed to a payment plan with the IRS to settle a $22…

News July 28
Canada recreational cannabis earnings Irwin Simon Tilray Tilray Brands Tilray earnings
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Canadian cannabis company Tilray posts $434 million net loss for 2022

Canadian cannabis and alcohol company Tilray Brands posted a $457.8 million net loss for its fourth quarter and…

News July 28
cannabis mission statement
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Why a well-crafted mission statement is vital to your cannabis company

While every organization has a mission, not so many recognize its value and fewer articulate it.

News July 27
Flowr Holigen Holdings Scotts Miracle-Gro Company
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Hawthorne buys Flowr’s cannabis research facility for CA$16 million 

Hawthorne Canada completed the purchase of The Flowr Corp.’s Kelowna research and development facility for 15.9 million Canadian…

News July 27
cannabis spac Choice Consolidation Joe Caltabiano marijuana SPAC SPAC
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Marijuana SPAC Choice Consolidation to wind up without making acquisitions

Choice Consolidation Corp. is winding up its business and backing away from any marijuana industry acquisitions, the industry…

News July 26
capital expenditures eaze Green Dragon XS Financial
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Marijuana MSO Green Dragon gets $15 million financing for expansion

Los Angeles-based XS Financial is extending a $15 million equipment purchase and financing facility to Green Dragon/Eaze to…

News July 25
Canada cannabis retail cannabis fundraising Nova Cannabis Sundial Growers value buds
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Canadian retailer Nova Cannabis to issue up to CA$20 million in shares

Canadian marijuana retail chain Nova Cannabis announced an at-the-market share offering to issue as much as 20 million…

News July 25
22nd Century Group cannabis fundraising GVB Biopharma share offering
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Biotech and hemp firm to raise $35 million in registered direct offering

Agriculture biotechnology firm 22nd Century Group has announced a registered direct offering of shares to raise expected gross…

News July 22
Abner Kurtin Executive compensation Fred Whittlesey George Archos James Cacioppo Kim Rivers
Highest-Paid CEOs of U.S. Marijuana MSOs

Seven US marijuana CEOs saw compensation top $4 million in 2021

Top executives at the largest publicly traded U.S. marijuana companies each received up to $2.6 million in salary…

News July 20
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