Israel’s IMC looks to spin out, sell cannabis unit in pivot to biotech sector
IM Cannabis Corp. is proposing a reverse merger with Israeli biotechnology firm Kadimastem in which it would spin…
News March 11
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‘Much more stable’ marijuana landscape in 2024, CEO of NewLake REIT says
This year is "a much more stable landscape" for the marijuana sector than in 2023, the CEO of…
News March 11
AFC Gamma is looking to finance ‘unburdened’ cannabis borrowers
Publicly traded cannabis industry lender AFC Gamma reported nearly $16 million in net interest income for its fourth…
News March 8
Australian cannabis firm Cann Group’s cash crunch raises concerns
The Australian Securities Exchange halted trading of Cann Group Limited’s shares after the company's auditor flagged concerns over…
News March 7
Marijuana MSO Planet 13 prices public offering to raise $11.3 million
Marijuana multistate operator Planet 13 Holdings has priced a public offering to raise gross proceeds of at least…
News March 6
Marijuana tech company Agrify prices public offering to raise $2.6 million
Marijuana technology company Agrify Corp. has priced a public offering to raise gross proceeds of $2.6 million.
News February 28
Marijuana REIT Innovative Industrial Properties posts $164.2M profit in 2023
Marijuana industry real estate company Innovative Industrial Properties reported $164.2 million in net income for its common shareholders…
News February 27
Marijuana lender AFC Gamma splitting into two companies
Marijuana-sector real estate lender AFC Gamma is splitting off its non-cannabis commercial real estate business into a separate…
News February 23
Aurora Cannabis appoints new chief financial officer, consolidates shares
Aurora Cannabis appointed Simona King, a veteran executive of multinational pharmaceutical company Bristol Myers Squibb, as chief financial…
News February 20
MedMen owes us thousands of dollars, marijuana brands and ex-employees say
A monthslong MJBizDaily investigation into the business practices of marijuana multistate operator MedMen Enterprises reveals a widespread pattern of…
News February 8
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