Cannabis companies scale back plans as access to capital tightens
Several companies recently announced challenges with financing their expansion plans. The trend doesn't bode well for many cannabis…
News October 10
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Will Illinois change the social equity landscape for the marijuana industry?
Illinois is set to open recreational cannabis dispensaries Jan. 1 after becoming the first state in the nation to…
News October 9
MedMen and PharmaCann terminate $682 million cannabis merger; MedMen CFO ousted
MedMen, a Los Angeles-based multistate marijuana operator, announced that its blockbuster acquisition of PharmaCann has been scuttled and…
News October 8
‘Groundbreaking’: 48North’s purchase of US cannabis company signals major shift by TSX Venture Exchange
The TSX Venture Exchange (TSXV) appears to be easing its opposition toward Canadian cannabis companies buying U.S. marijuana…
News October 4
Canopy cannabis woes drives huge loss at alcohol giant Constellation
Constellation Brands, a New York-state based alcohol giant, on Thursday reported a net loss of $525.2 million in…
News October 3
Vaping health scare takes toll on cannabis vape firms’ stock prices, but many see longer term opportunity beyond crisis
State-legal cannabis vape products and the companies selling or distributing them may not be the principal cause of…
News October 3
Tilt Holdings founders to forfeit stock options with cannabis firm
Tilt Holdings, a Massachusetts-based marijuana company, said it reached an agreement with six of its founders to forfeit…
News October 2
California Marijuana Notebook: How Weedmaps’ major change in course may impact the cannabis industry
It appears one of the longest-standing controversies in the California marijuana industry will come to a close by…
News September 30
Cresco Labs to sell marijuana facilities to REIT for $46.3M under leaseback deal
Chicago-based Cresco Labs will sell two cultivation and processing facilities in Illinois to Innovative Industrial Properties, a real…
News September 27
Marijuana compliance firm Akerna reports increased revenue, higher losses
Denver-based Akerna, a cannabis technology compliance provider, on Monday reported revenue of approximately $11 million for its fiscal…
News September 23
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