How a recession might impact the cannabis industry
We evaluate the likely impact a recession might have on the U.S. cannabis industry as well as individual…
News June 15
Latest In: Finance
High Tide’s cannabis sales soar; Fire & Flower clipped by competition
Two of Canada’s biggest cannabis retailers, Edmonton, Alberta-based High Tide and Toronto's Fire & Flower, reported small losses…
News June 15
Cannabis producer Hexo loses CA$146 million in quarter, sees executive exodus
Hexo Corp. reported a net loss of 146 million Canadian dollars ($112 million) for its February-April quarter, bringing…
News June 15
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
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
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
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
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
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
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
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