Key marijuana banking ally continues fight to get SAFE across finish line
U.S. Rep. Ed Perlmutter continues to push for marijuana banking reform, this time by filing the SAFE Banking…
News July 1
Latest In: Finance
Cannabis tech company Akerna moves to raise $10 million as stock falls
Struggling cannabis technology company Akerna is seeking to raise $10 million in capital in part to meet its…
News June 30
Green Thumb nets $55 million from IIP in amended marijuana lease
Marijuana real estate company Innovative Industrial Properties (IIP) amended a lease on a cannabis cultivation and processing property…
News June 30
Cannabis producer Canopy swaps shares for $255 million of its debtÂ
Canadian cannabis producer Canopy Growth reached a deal with noteholders to trade 255.4 million Canadian dollars ($198 million)…
News June 30
Know your cannabis business’ overhead ratio
How much is too much overhead is a trick question. Focus on overhead as a ratio, as a…
News June 29
Fitch downgrades Canopy Growth, citing cannabis market-share losses
Fitch Ratings downgraded Canadian cannabis producer Canopy Growth to CCC, the agency's fifth-lowest rating, and warned of potential…
News June 28
iAnthus closes cannabis recapitalization deal with $25 million more of financing
Cannabis multistate operator iAnthus Capital Holdings closed a previously announced restructuring and recapitalization deal, then disclosed $25 million…
News June 27
Canadian cannabis producer Flowr cuts 40% of staff, sells assets to save cashÂ
Canadian cannabis producer The Flowr Corp. eliminated 40% of its workforce and sold a large parcel of land…
News June 27
Colorado cannabis company lays off workers, closes cultivation facility
One of Colorado's largest cannabis brands laid off 33 employees - almost a quarter of its staff -…
News June 24
Opinion: How marijuana companies can protect themselves in a cash-based world
Cannabis business owners can mitigate the cash-only liability by understanding industry challenges and hiring qualified help to navigate…
News June 24
Latest Sponsored
