Cannabis multistate operator Ascend Wellness is planning to raise $7 million in a private placement offering. According to terms of the equity financing, the New York-based MSO intends...
Canadian cannabis producer Hexo reported a total net loss before tax of 129.7 million Canadian dollars ($98 million) in the company’s third quarter, bringing accumulated losses since 2016...
If you have been paying attention to the California cannabis market recently, you have heard about the credit crisis many suppliers are dealing with. Not only do marijuana-related...
Marijuana legalization shouldn’t be as messy in these two states Colorado, Illinois, Oregon, Michigan, and seventeen other states have rolled out recreational marijuana. None with the...
In a rare bipartisan act, Congress smacks Russia over marijuana prisoners, now if they could be this united here at home Nothing brings people together than...
New York-based cannabis multistate operator Acreage Holdings streamlined its board of directors to prepare for the company’s acquisition by Canopy USA, the American arm of Canadian producer Canopy...
Combined sales of recreational and medical marijuana in Connecticut totaled nearly $22.8 million in May, surpassing the previous monthly record of $22.1 million set in March. May adult-use...
Canadian producer Aurora Cannabis is closing its remaining facility in Denmark and moving production to Canada in a bid to lower costs. Edmonton, Alberta-based Aurora said...
Maryland marijuana regulators suspended the business license of Cookies Baltimore, a franchisee of one of the country’s best-known cannabis brands. The June 2 suspension came less than a...
More adult-use marijuana stores could open in Rhode Island as soon as 2024 now that the state’s Cannabis Control Commission has been confirmed. Kimberly Ahern is the commission’s new...