Cannabis firm Cronos’ CEO gets CA$12 million-plus in partial-year pay
Canadian cannabis producer Cronos Group paid CEO Kurt Schmidt more than $10 million (12.2 million Canadian dollars) in…
News May 10
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Marijuana MSO Trulieve buying Harvest Health in $2.1 billion mega-deal
Florida-based Trulieve Cannabis announced an agreement to acquire Arizona-based Harvest Health & Recreation in an all-stock deal valued…
News May 10
California marijuana firm settles false-claims lawsuit for $300,000
California-based marijuana company CannaCraft agreed to pay $300,000 to settle a lawsuit brought by Sonoma County authorities over…
News May 10
Cannabis M&A surges in hot Pennsylvania market with $400 million in deals
Merger and acquisition activity is sizzling in Pennsylvania, with more than $400 million worth of deals announced since…
News May 10
Marijuana retailers use analytics, consumer feedback to fill shelves, dump low-selling inventory
The cannabis products lining your shelves might make or break the reputation of your marijuana retail store. Whether…
News May 9
Cannabis tech firm MassRoots entering metal-recycling business via $14M deal
Cannabis-centric social media platform MassRoots said it’s broadening its business model through the acquisition of a metal-recycling company…
News May 7
Pennsylvania renews medical marijuana grower’s permit after nearly two years
A Pennsylvania marijuana cultivator could soon be growing again, almost two years after regulators revoked the company’s business…
News May 7
Cronos reports $161 million net loss on cannabis revenue of $12.6 million in Q1
Canadian cannabis producer Cronos reported a net loss of $161 million (195 million Canadian dollars) for its January-March…
News May 7
Alabama lawmakers send medical marijuana measure to governor
A medical marijuana legalization measure is headed to Alabama Gov. Kay Ivey after lawmakers gave their final approval…
News May 7
AFC Gamma lends $22M to Justice Cannabis for New Jersey operations
Marijuana industry real estate financier AFC Gamma announced a $22 million senior secured credit facility for Chicago-based multistate…
News May 7
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