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financial restatement Verano Holdings
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Marijuana MSO Verano to restate financials from five previous quarters

Marijuana multistate operator Verano Holdings said it must restate five quarterly financial statements dating back to March 31,…

News July 29
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Longtime California cannabis company reaches tax payment deal with IRS

StateHouse Holdings, formerly known as Harborside, agreed to a payment plan with the IRS to settle a $22…

News July 28
Canada recreational cannabis earnings Irwin Simon Tilray Tilray Brands Tilray earnings
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Canadian cannabis company Tilray posts $434 million net loss for 2022

Canadian cannabis and alcohol company Tilray Brands posted a $457.8 million net loss for its fourth quarter and…

News July 28
cannabis spac Choice Consolidation Joe Caltabiano marijuana SPAC SPAC
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Marijuana SPAC Choice Consolidation to wind up without making acquisitions

Choice Consolidation Corp. is winding up its business and backing away from any marijuana industry acquisitions, the industry…

News July 26
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Canadian retailer Nova Cannabis to issue up to CA$20 million in shares

Canadian marijuana retail chain Nova Cannabis announced an at-the-market share offering to issue as much as 20 million…

News July 25
22nd Century Group cannabis fundraising GVB Biopharma share offering
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Biotech and hemp firm to raise $35 million in registered direct offering

Agriculture biotechnology firm 22nd Century Group has announced a registered direct offering of shares to raise expected gross…

News July 22
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Canadian cannabis retailer High Tide sets CA$10 million public offering

Canadian adult-use cannabis retail giant High Tide announced a bought-deal public offering worth 10 million Canadian dollars ($7.7…

News July 19
financial restructuring Red White & Bloom
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Marijuana MSO Red White & Bloom delays results due to audit

Marijuana multistate operator Red White & Bloom Brands said it expects another two-week delay in filing its 2021…

News July 18
organigram
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Organigram trims loss to CA$2.8 million as cannabis sales surge

Canadian cannabis producer Organigram trimmed its loss to 2.8 million Canadian dollars ($2.1 million) for the quarter ended…

News July 14
Columbia Care cresco labs Executive compensation marijuana mergers and acquisitions Nicholas Vita
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Columbia Care CEO set to net $100M-plus from Cresco cannabis merger

Columbia Care co-founder and longtime CEO Nicholas Vita likely will emerge with more than $100 million in cash…

News July 8
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