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acreage holdings coronavirus cutbacks. executives layoffs

Marijuana giant Acreage cuts 120 jobs, ends deals in light of COVID-19

New York-based Acreage Holdings on Friday announced it is furloughing 122 employees and taking other cost-cutting measures, becoming…

News April 3
CannTrust NYSE TSX

NYSE aims to boot CannTrust after concluding cannabis producer ‘no longer suitable for listing’

The New York Stock Exchange's regulatory enforcement arm has initiated the delisting process for CannTrust after concluding the Canadian cannabis…

News March 31
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Cannabis firm Cronos’ quarterly gross loss grows to $20.4 million

Canadian cannabis firm Cronos Group reported a gross loss of nearly $20.4 million for the fourth quarter ending…

News March 30
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US marijuana firm Columbia Care to list on Canadian Securities Exchange

Columbia Care, a New York-based multistate marijuana operator, said it will start trading on the Canadian Securities Exchange…

News March 30
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Restructuring cannabis firm MedMen taps interim CEO, withdraws guidance

Financially struggling MedMen Enterprises has retained a management advisory firm to help it restructure.

News March 30
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Coronavirus impact felt in cannabis industry M&A as Harvest Health-Verano deal scuttled

The once-booming market for cannabis mergers and acquisitions is now feeling fallout from the COVID-19 pandemic, on top…

News March 26
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Harvest Health, Verano end mammoth marijuana merger

What was one of the largest acquisitions ever announced in the marijuana industry – a deal valued at…

News March 26
CANADA cresco labs illinois illinois medical marijuana medical marijuana Medicine Man Technologies. MedMen recreational marijuana

High-profile founders leaving US marijuana companies signals new phase for industry

A number of high-profile founders of U.S.-based cannabis companies have stepped down in the past several weeks amid…

News March 20
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California’s Indus secures $14.5 million for cannabis expansion

Indus Holdings, a California-based vertically integrated marijuana company, said it secured up to $14.5 million in loan financing…

News March 17
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Harvest Health confirms $85.8 million Have a Heart marijuana deal

Harvest Health & Recreation, the Arizona-based multistate cannabis operator, confirmed its $85.8 million plans to acquire Interurban Capital…

News March 11
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