Cannabis tech firm Akerna cuts 59 employees as part of restructuring
Akerna, a Denver-based cannabis compliance software company, is implementing a financial restructuring plan that includes reducing its workforce…
News May 31
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Aurora Cannabis announces bought deal financing, upsizes to $150 million
Aurora Cannabis entered a bought deal financing worth $125 million, then upsized that funding to $150 million.
News May 27
DEA-endorsed marijuana research grower debuts on Nasdaq; shares soar
Bright Green Corp. on Tuesday became the first U.S plant-touching company to trade on a major exchange in…
News May 17
Marijuana lender Chicago Atlantic increases credit facility to $65 million
Marijuana industry real estate lender Chicago Atlantic Real Estate Finance increased the size of its revolving credit facility…
News May 13
Analysis: Why is marijuana M&A holding up better than capital raises?
Typically, marijuana M&A and funding move in the same direction - but not this year. Here is a…
News May 13
Economic challenges may extend US marijuana stock woes
The fierce bear market gripping U.S. marijuana stocks looks set to continue - barring a major legislative surprise…
News May 3
Marijuana lender AFC Gamma gets $60 million revolving loan from 2 banks
Marijuana industry lender AFC Gamma has announced a revolving credit facility worth at least $60 million from two…
News May 2
Cannabis retailer Fire & Flower posts revenue decline, cites competition
Toronto-headquartered cannabis retail chain Fire & Flower Holdings reported declining sequential retail revenue for the fourth quarter of…
News April 26
Decibel books CA$1.7 million profit on rising cannabis sales
Decibel Cannabis Co. recorded net income of 1.7 million Canadian dollars ($1.3 million) for the 2021 fiscal year…
News April 22
Canadian cannabis producer Flowr selling Portugal facilities to Akanda
Canadian cannabis producer The Flowr Corp. is selling its subsidiary Holigen Holdings, which owns two cultivation facilities in…
News April 20
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