Latest In: Finance

Bright Green Corp. Curaleaf Holdings Drug Enforcement Administration NASDAQ Trulieve Cannabis
Image depicting stock market surge and plunge

Marijuana grower Bright Green tumbles to Earth after initial Nasdaq stock surge

Bright Green Corp. made history last month as the first plant-touching marijuana business to trade on a major…

News June 15
cannabis banking reform HOPE Act SAFE Banking Act Sen Majority Leader Chuck Schumer U.S. Rep. David Joyce
Image of a bank building entrance

Marijuana banking could pass this year with criminal expungement, reports say

The passage of federal cannabis banking reform is considered possible this year, provided it's combined with an existing…

News June 10
cannabis debt financing
Chart showing incremental debt and buyback ability of cannabis companies

Analysis: Cannabis MSOs could borrow nearly $2 billion – if they want to

The nation’s largest marijuana multistate operators collectively could tap into nearly $2 billion worth of debt - should…

News June 10
cannabis banking reform. U.S. Rep. Ed Perlmutter Conference of State Bank Supervisors Independent Community Bankers of America SAFE Banking Act U.S. Conference of Mayors
Image of a bank vault

US mayors, financial institutions throw support behind cannabis banking reform

The U.S. Conference of Mayors and two leading banking organizations have joined the call for the U.S. Congress…

News June 9
marijuana banking Treasury marijuana
Image depicting a generic bank

US Treasury plans to collect marijuana business info from banks

A wing of the U.S. Treasury Department is planning to gather data from banks on marijuana businesses as…

News June 9
cannabis cultivation Hawthorne Gardening Scotts Miracle-Gro
Image of Scotts Miracle-Gro headquarters

Scotts Miracle-Gro again warns of sluggish marijuana grow-supply sales

Scotts Miracle-Gro said it expects sales of its Hawthorne unit, which includes marijuana cultivation supplies, to decline 40%-45%…

News June 8
Akerna layoff Dutchie layoff Eaze layoff marijuana layoffs
Image of a scale with the word Downsize

Marijuana tech firm Dutchie lays off 67 employees, citing ‘dramatic market shift’

Oregon-based marijuana tech company Dutchie laid off 67 employees this week, about 8% of its 700 workers.

News June 7
cannabis business loans cannabis debt financing marijuana loans Northern Lights Acquisition Safe Harbor Financial Solar Cannabis Solar Therapeutics
Image of a businessperson fanning out $100 bills

Safe Harbor makes first cannabis loan beyond Colorado’s borders

Marijuana industry finance company Safe Harbor Financial is lending beyond its home state of Colorado, handing a $5…

News June 7
aurora cannabis cannabis financing debt repurchase
Image of 100-dollar Canadian notes

Aurora Cannabis buys back $20 million worth of convertible debt

Aurora Cannabis has bought back roughly $20 million worth of convertible senior notes to reduce debt and "annual…

News June 3
cannabis business loans cannabis debt financing financing Shryne Group Silver Spike Silver Spike Investment Corp.
Image of a businessperson fanning out $100 bills

Silver Spike, others lend up to $170M to CA marijuana company Shryne Group

Silver Spike Investment Corp. co-led a loan worth up to $170 million to privately held California marijuana grower,…

News June 3
MJBizCon Logo