Cannabis firm Tilray reports $341 million net loss in last stand-alone quarter
Tilray’s recreational and medical cannabis revenue plunged in the final quarter before its merger with Aphria went into…
News May 11
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Cannabis firm Cronos’ CEO gets CA$12 million-plus in partial-year pay
Canadian cannabis producer Cronos Group paid CEO Kurt Schmidt more than $10 million (12.2 million Canadian dollars) in…
News May 10
Cannabis tech firm MassRoots entering metal-recycling business via $14M deal
Cannabis-centric social media platform MassRoots said it’s broadening its business model through the acquisition of a metal-recycling company…
News May 7
AFC Gamma lends $22M to Justice Cannabis for New Jersey operations
Marijuana industry real estate financier AFC Gamma announced a $22 million senior secured credit facility for Chicago-based multistate…
News May 7
Credit Suisse reportedly halts US cannabis stock transactions
Global investment banking firm Credit Suisse Group reportedly has told customers in recent months that it has decided…
News May 6
Cannabis producer Sundial to buy retailer Inner Spirit for CA$131 million
Sundial Growers plans to acquire Inner Spirit Holdings, a major Canadian cannabis retailer and franchisor of Spiritleaf stores,…
News May 5
Organigram CEO Engel exits struggling marijuana producer
Greg Engel, longtime CEO of Moncton, New Brunswick-based marijuana producer Organigram Holdings, is stepping away from the struggling…
News May 3
Cannabis MSO Green Thumb raises $217 million in debt at 7% interest rate
Multistate cannabis operator Green Thumb Industries raised $217 million worth of funding by issuing senior secured debt at…
News April 30
Marijuana MSO Ascend Wellness aims to raise $80 million via IPO
Multistate operator Ascend Wellness Holdings plans to raise $80 million through an initial public offering aimed at bankrolling…
News April 29
Columbia Care acquires New York cannabis cultivation site for $42.5M
Multistate cannabis operator Columbia Care is spending $42.5 million in cash and stock to acquire a 34-acre cultivation…
News April 29
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