Hexo sets $140 million raise for acquisition, US cannabis expansion
Canadian cannabis grower Hexo Corp. priced a public offering to raise $140 million. The offering follows a shelf prospectus…
News August 20
Latest In: Medical & Recreational
Illinois marijuana lotteries over, but legal fights make future uncertain
The third and final lottery of the summer for Illinois' quickly expanding adult-use marijuana market resulted in the…
News August 20
Canada’s retail cannabis sales grow to CA$318.7M in June, another record
Retail sales of legal adult-use cannabis in Canada increased to nearly 318.7 million Canadian dollars ($246.9 million) in…
News August 20
Schumer’s marijuana reform bill would create industry winners and losers, experts say
Since Senate Majority Leader Chuck Schumer unveiled a draft of his federal marijuana legalization bill in July, questions…
News August 20
Court OKs Trulieve’s acquisition of fellow marijuana MSO Harvest Health
Multistate marijuana operator Trulieve's blockbuster $2.1 billion deal to acquire another cannabis MSO, Harvest Health & Recreation, is…
News August 19
California county offers $10,000 grants to cannabis farmers
Officials in Humboldt County, California, launched a program to help bolster the community’s struggling – but legal –…
News August 18
Delivery platform Eaze to acquire CO, FL marijuana retailer Green Dragon
California-based marijuana delivery platform Eaze struck a deal to acquire multistate cannabis retailer Green Dragon.
News August 18
Illinois hit with another lawsuit over cannabis licensing
Another lawsuit has been filed against the state of Illinois over its cannabis licensing process, this time by…
News August 18
With an eye on US cannabis market, Canadian firm Tilray acquires majority of MedMen debt
Tilray said Tuesday it acquired a majority of the debt that California-based MedMen Enterprises owes to New York…
News August 17
Illinois, Michigan establish monthly cannabis sales records in July
Midwest cannabis states Illinois and Michigan set sales records for their respective markets last month, with Illinois hitting…
News August 17
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