Bierman and Modlin leave board of cannabis firm MedMen
The co-founders of California-based multistate marijuana operator MedMen are completely out of the company, having relinquished their roles on…
News June 18
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Marijuana firm Acreage gets $15 million loan at 60% interest rate
Marijuana multistate operator Acreage Holdings has secured a $15 million short-term loan with a whopping 60% yearly interest…
News June 17
Week in Review: Renewed cannabis diversity efforts, Tilray execs sued, Canopy’s rich CEO package & more
Protests across the United States over the treatment of black Americans have prompted calls for companies to address…
News June 13
Cannabis firm iAnthus says it likely will default on interest payments again
Multistate marijuana operator iAnthus said it expects to default on interest payments due June 30 and likely will…
News June 12
High Times revises deal to buy CA marijuana retail stores from Harvest
High Times Holding Corp.’s agreement to buy planned and operating California dispensaries from multistate operator Harvest Health &…
News June 12
Hexo posts improved third quarter with CA$19.5 million loss
Canadian cannabis cultivator Hexo Corp. posted a net loss of 19.5 million Canadian dollars ($14.5 million) for the…
News June 11
Marijuana company Cresco Labs adds first person of color to board
Cresco Labs, a Chicago-based marijuana multistate operator, appointed Michele Roberts to its board of directors, making the executive…
News June 10
As marijuana class action lawsuits surge, experts stress accurate, forthright disclosures
Class action lawsuits against cannabis companies are rising, driven by industry growth, stock price volatility, regulatory uncertainties and…
News June 10
Acreage pulls out of Iowa medical marijuana market
Marijuana multistate operator Acreage Holdings relinquished its medical cannabis manufacturing license in Iowa, two months after halting operations…
News June 9
Cresco Labs co-founder cuts official ties with cannabis MSO
Joe Caltabiano, a co-founder of Chicago-based marijuana multistate operator Cresco Labs, resigned from the board of directors. His…
News June 9
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