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Latest In: Finance

Ceres Acquisition GreenWave Advisors Matt Karnes Parallel surterra wellness TradeInvest Asset Management William “Beau” Wrigley Jr. “Scooter” Braun
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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
BioSteel Canopy Growth Corp.
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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
cannabis mission statements
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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
cannabis oversupply Hawthorne Gardening Co. Scotts Miracle-Gro
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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
cannabis business loans credit facilities NewLake Capital Partners
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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
cannabis business loans cannabis debt financing cannabis financing flower one Flower One Holdings
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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
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
280E california marijuana Harborside marijuana IRS marijuana marijuana taxes
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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
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