Cannabis producer Hexo pitches stock consolidation to save Nasdaq listing
Struggling Canadian cannabis producer Hexo Corp. is asking shareholders to greenlight a reverse stock split in order to…
News February 14
Latest In: Stocks
Pioneering cannabis banking company Safe Harbor to trade on Nasdaq via $185 million deal
A cannabis financial institution led by industry pioneer Sundie Seefried is on its way to going public on…
News February 14
Nasdaq grants cannabis firm Sundial extension to regain compliance
Canadian cannabis producer Sundial Growers has been given a 180-day reprieve to regain compliance with the Nasdaq market’s…
News February 10
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
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
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