California targets cannabis businesses over unpaid taxes
California’s business tax collector is ramping up enforcement against unlicensed and licensed cannabis companies, which owe the state…
News June 3
Latest In: Finance
Lessons from Aurora Cannabis’ bought deal financing
Aurora Cannabis has arranged new financing via a “bought deal.” What is that, and is it important to…
News June 1
Aurora Cannabis closes bought deal financing, yielding $172.5 million
Canadian marijuana producer Aurora Cannabis said it received gross proceeds of $172.5 million from a bought deal offering…
News June 1
Marijuana multistate operators see sluggish revenue, losses in first quarter
Most of the largest U.S. marijuana multistate operators experienced revenue declines in the first quarter of 2022 versus…
News June 1
Cannabis tech firm Akerna cuts 59 employees as part of restructuring
Akerna, a Denver-based cannabis compliance software company, is implementing a financial restructuring plan that includes reducing its workforce…
News May 31
Canopy loses CA$578 million in quarter as cannabis revenue plunges
Canadian cannabis producer Canopy Growth lost another 578.6 million Canadian dollars ($454 million) in its fourth fiscal quarter…
News May 27
Aurora Cannabis announces bought deal financing, upsizes to $150 million
Aurora Cannabis entered a bought deal financing worth $125 million, then upsized that funding to $150 million.
News May 27
Analysis: Marijuana real estate lenders buck trend with record funding
Cannabis companies generally have been raising less money this year versus previous years, but not all industry sectors…
News May 27
Opinion: The battle for directors and officers liability coverage in the cannabis industry
With the number of lawsuits in the cannabis space tripling in the past two years, directors and officers…
News May 26
Canadian cannabis sales rebound strongly in March to record CA$358.8M
Canadian sales of regulated recreational cannabis hit an all-time high of almost 358.8 million Canadian dollars ($279.6 million)…
News May 26
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