Why IIP canceled a cannabis notes issue + NY adult-use permits in jeopardy
Innovative Industrial Properties (NYSE: IIPR), the largest REIT focused on the cannabis industry, on Feb. 1 announced a…
News February 9
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Cannabis platform Leafly closes merger with SPAC, goes public on Nasdaq
Cannabis commerce platform Leafly Holdings started trading Monday on the public stock markets after completing its previously announced…
News February 7
Investor seeks to oust most of cannabis company Hexo’s board
An activist shareholder of Canadian cannabis producer Hexo Corp. is pushing to replace the majority of the company's…
News February 3
Despite loss of SPAC sparkle, cannabis investors still looking at investment targets
During the pandemic, interest in special purpose acquisition companies (SPAC) soared, as private cannabis-related businesses looked to these…
News February 2
US cannabis stocks tumbled in January, exacerbating issues confronting industry
U.S. cannabis stocks suffered a rout in January, tumbling more than the broader market as hopes for federal…
News February 1
2 Canadian cannabis issuers put on notice by Nasdaq over low stock prices
At least two large Canadian cannabis companies have been notified by the Nasdaq that their shares do not…
News January 31
Ex-chair of cannabis producer WeedMD gave friend insider information, watchdog alleges
A former chair of Canadian cannabis producer WeedMD illegally tipped off a longtime acquaintance about an unannounced greenhouse…
News January 24
Silver Spike aims to raise $125 million for cannabis loans, investments
Silver Spike Investment Corp. announced plans to raise $125 million through an initial public stock offering and use…
News January 19
1933 Industries to acquire CBD drink maker Day One in all-stock deal
Nevada marijuana company 1933 Industries announced an all-stock deal to acquire the entirety of California-based CBD drink producer…
News January 18
Incorporate uncertainty into your marijuana business plan
Wouldn’t it be great if words that we’re tired of could just stop being part of our reality?…
News January 12
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