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Facing receivership, marijuana operator StateHouse Holdings enters bankruptcy

San Diego-based marijuana operator StateHouse Holdings has entered bankruptcy in Canada after its main lender asked that the…

News October 11
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Marijuana financier Silver Spike closes on portfolio, changes name & ticker symbol

Specialty marijuana finance company Silver Spike Investment Corp. has closed on a portfolio of loans and changed its…

News October 2
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SEC alleges data inflation, fines parent of cannabis ad platform Weedmaps $1.5M

The U.S. Securities and Exchange Commission has fined the parent company of cannabis advertising platform Weedmaps $1.5 million…

News September 27
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Marijuana cultivator Bright Green’s shares suspended from Nasdaq trading

Bright Green Corp., the first plant-touching marijuana business to trade on a major U.S. stock exchange, said its…

News September 20
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Cannabis MSO Green Thumb Industries announces share-buyback program

Cannabis multistate operator Green Thumb Industries' board authorized a $50 million share-repurchase program over the next 12 months.

News September 16
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Longtime marijuana advocacy groups absent from 2024 ballot in FL, ND

The marijuana industry is funding and running the adult-use cannabis legalization campaigns this year without help from legacy…

News September 11
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Cannabis producer Organigram closes on second tranche, reaps CA$41.5 million

A British American Tobacco subsidiary acquired roughly 4.4 million Organigram common shares and 8.5 million Class A preferred…

News September 3
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Cannabinoid firm Avicanna pays off debt with funds from $2M private placement

Toronto-based Avicanna said it paid off $1.4 million in debt from August 2023 after closing on a nearly…

News August 30
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December marijuana rescheduling hearing prompts anger, stock sell-off

For the second year running, the $32.1 billion U.S. cannabis industry will head into the Labor Day holiday…

News August 28
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Cannabis company TerrAscend to repurchase $10 million in shares

The board of TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, authorized management to repurchase $10 million…

News August 20
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