Latest In: Stocks

BNY Mellon involved in new marijuana NYSE fund

Bank of NY Mellon will act as custodian bank to a new cannabis-focused exchange-traded fund (ETF), the first…

Weekly Deal Watch: Cultivation and retail continue to dominate cannabis investment

The marijuana retail and cultivation segment continues to lead the pack with regard to capital raises and acquisition…

Sol Global to acquire Michigan cannabis group MCP Wellness for $150 million

Sol Global, a Toronto-based investment company focused on the cannabis industry, agreed to acquire Michigan-based MCP Wellness, which…

Marijuana firm Cresco Labs posts Q4 revenue spike, 2018 profit

Chicago-based Cresco Labs’ revenue more than quadrupled during its fourth quarter, helping pave the company’s path to profitability…

Marijuana Business This Week: AG’s on the clock, bevy of legislation, medical MJ lottery, Harvest Health earnings & more

Here are some notable stories and events to watch for in the coming days: BARR DEADLINE: Wednesday is…

Ways for marijuana firms to protect their stocks from short sellers

Short sellers have been under attack for years, going as far back as the 1929 stock market crash…

Three executives resign from marijuana firm MedMen

California-based cannabis retailer MedMen is undergoing another round of executive turnover at the top levels of the company,…

A $3.4B cannabis mega-deal, marijuana firms prep for huge 4/20 sales, Alaska trade group helps keep MJ critic off state board & more of the week’s top news (SLIDESHOW)

Acreage to buy Nevada cannabis company Deep Roots for $120 million

On the same day it announced it was being acquired by Canada’s Canopy Growth in a groundbreaking deal,…

Weekly Deal Watch: Capital raises in hemp sector spike in first part of 2019

Investors are keying in on the hemp sector, raising more than 10 times the amount raised last year…