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Investors target distressed cannabis companies for new opportunities

Could it be a win-win deal? An increasing number of investors - including mainstream investment banks new to…

News March 5
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Cannabis ETFs post steep declines in line with marijuana stocks, but longer-term prospects appear bright

Cannabis-focused exchange-traded funds have emerged over the past few years in the United States, Canada and now Europe,…

News March 2
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Week in Review: UN drug chief ponders validity of cannabis control treaties, coronavirus effects on marijuana sector, US authorities loosen hemp testing rules & more

The United Nations narcotics enforcement agency president considers whether drug control treaties are outdated, experts share insights on…

News February 29
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NY-based cannabis firm iAnthus takes group to court in Canada

Vertically integrated multistate marijuana operator iAnthus Capital Holdings is taking legal action against an international investor group that…

News February 28
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Multistate cannabis operator MedMen reports $96 million loss

California-based MedMen Enterprises, a once-thriving multistate marijuana retailer, released a “grim” quarterly financial report that detailed a whopping $96.4 million…

News February 27
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Directors and officers liability insurance is increasingly important – and costly – for cannabis companies

Cannabis industry authorities predict more bankruptcy filings and insolvency proceedings by cannabis companies in 2020. Under this scenario,…

News February 25
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Canadian cannabis firm Canopy sees stock soar on revenue growth

Canadian marijuana giant Canopy Growth on Friday reported fiscal third-quarter net revenue that soared 62% from the second quarter, jumped…

News February 14
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Large US cannabis companies look to debt funding versus equity and sale-leaseback deals

Big marijuana companies in the United States increasingly are turning to debt as a funding tool, spurred by…

News February 12
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Acreage secures $100 million in debt to fund marijuana growth

Acreage Holdings, a New York-based multistate operator, on Friday said it had secured a credit facility of up to…

News February 7
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Ten tips to help cannabis business startups succeed

Below I highlight my “Ten Commandments,” in no particular order, that I believe every startup - cannabis or…

News February 5
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