Latest In: International

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TerrAscend closes $45.5 million marijuana debt financing

Multistate marijuana company TerrAscend Corp. has taken a senior secured term loan from cannabis real estate lender Pelorus…

News October 12
CANADA
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Fewer than 10% of Canadian cannabis licensees exited market, government report shows

Just under 10% of federal cannabis license holders in Canada have exited the market since legalization in October…

News October 12
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Marijuana financial restatements show industry still maturing, insiders say

The marijuana industry has an accounting problem, with a number of companies correcting errors in financial statements in…

News October 11
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Tilray reports $66 million loss as cannabis sales decline

Cannabis and alcohol company Tilray Brands lost $65.8 million (90 million Canadian dollars) in the first quarter ended…

News October 7
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US, Canadian marijuana stocks surge, decline after Biden announcement

Shares of publicly traded cannabis companies surged late Thursday and then declined Friday morning after U.S. President Joe…

News October 7
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Aurora Cannabis repurchases $23 million worth of debt

Canadian marijuana company Aurora Cannabis reduced its debt load by repurchasing roughly 31.3 million Canadian dollars ($23 million)…

News October 7
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Biden announcement on marijuana scheduling and pardons could alter face of the industry

President Joe Biden's stunning announcement Thursday that his administration would review whether marijuana should remain a Schedule 1…

News October 6
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Biden calls for review of marijuana scheduling, pardons thousands for MJ offenses

President Joe Biden on Thursday called on the U.S. attorney general and the secretary of the Department of…

News October 6
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Costa Rican president follows through on pledge with cannabis draft law

Costa Rica’s president followed through with a promise he made in August to bring recreational cannabis legislation to…

News October 6
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Principles and profit: Q&A with North 40 Cannabis owner Gord Nichol

Owner Gord Nichol discusses how North 40 Cannabis makes a profit and maintains its principles amid the challenges…

News October 6
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