Verano accused in lawsuit of illegal interstate marijuana trafficking
Illinois-based multistate operator Verano Holdings is accused in a lawsuit of illegally shuttling marijuana from its home state…
News March 9
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Harborside enters $5 million ‘strategic investment’ with CA marijuana firm
Harborside said Monday that it has thrown $5 million in investment capital behind Loudpack, another well-known California marijuana…
News March 8
High-end cannabis producer GTEC reports positive net income
Kelowna, British Columbia-based GTEC Holdings reported net income from operations of 282,000 Canadian dollars ($223,600), reversing a net…
News March 4
Terra Tech acquires marijuana competitor Unrivaled in all-stock deal
California-based Terra Tech Corp. said Wednesday it finalized a deal to acquire another West Coast marijuana multistate operator,…
News March 3
MedMen co-founders Bierman, Modlin return to cannabis industry with different California company
They’re back! Less than a year after being ousted from leadership posts at California-based MedMen Enterprises, former CEO…
News March 3
Cannabis producer Cronos loses $111.7 million in fourth quarter
Canadian cannabis producer Cronos Group reported a quarterly loss of $111.7 million and an adjusted EBITDA of negative…
News February 26
Indus acquires fellow California cannabis firm Lowell Herb for $39M
Indus Holdings said it has acquired another well-known California marijuana brand, Lowell Herb Co., in a cash-and-stock deal…
News February 25
Aphria-Tilray cannabis merger talks overcame pandemic pause, rival bidder and other hurdles, proxy reveals
On-again, off-again merger talks between rival cannabis producers Tilray and Aphria had their genesis in October 2019 when…
News February 25
Canadian pension fund unloads some cannabis shares, adds Aphria
A large Canadian pension manager unloaded some marijuana investments over the past couple of years while raising its…
News February 24
Marijuana MSO Verano raises CA$100 million, announces Arizona acquisition
Chicago-based multistate marijuana firm Verano Holdings raised slightly more than $100 million Canadian dollars ($79.7 million) through a bought…
News February 24
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