Cannabis firm Canopy raising $95 million in convertible debt offering
Canadian cannabis producer Canopy Growth Corp. entered into an agreement with an institutional investor for a convertible debt…
News February 21
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Canadian adult-use cannabis sales jump nearly 18% in 2022, hitting CA$4.5 billion
Canada's cannabis consumers spent 4.52 billion Canadian dollars ($3.35 billion) on regulated adult-use products in 2022, growing 17.9%…
News February 21
Marijuana MSO MedMen evaluating sale of assets in three states
California-based marijuana multistate operator MedMen Enterprises has hired ATB Capital Markets to review and potentially help the company…
News February 21
Arizona firm 1606 raises $20 million for hemp and CBD acquisitions
Phoenix-based hemp and CBD retail and distribution company 1606 Corp. raised up to $20 million through an equity…
News February 17
Wisconsin gov reintroduces marijuana legalization in budget proposal
Wisconsin Gov. Tony Evers, a Democrat who was reelected last November, has again included marijuana legalization in his…
News February 16
Ontario Cannabis Store plans to overhaul wholesale markups
The Ontario Cannabis Store (OCS) says it is reforming markups on wholesale marijuana at the expense of its own…
News February 16
Canada’s federal cannabis fees ‘make industry unsustainable,’ group says
Canadian cannabis executives are pleading with the federal government to offer relief to the fee and excise regime…
News February 16
Virginia adult-use marijuana launch in jeopardy as Republicans kill retail bill
Virginia’s planned Jan. 1, 2024, start date for legal adult-use marijuana sales is in question after a regulatory…
News February 15
Twitter’s ad move marks notable shift in US cannabis marketing
Twitter's new policy change permitting advertising and marketing by state-legal cannabis companies is a step forward for the…
News February 15
Trulieve adds another $5.5 million to Florida marijuana legalization campaign
Multistate operator Trulieve Cannabis donated an additional $5.5 million to efforts to legalize adult-use marijuana in Florida.
News February 15
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