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Canadian holding company Chalice Brands, doing business as Chalice Farms, filed court documents asking to place five of its Oregon subsidiaries under receivership. The subsidiaries, which are...
Vertically integrated California cannabis operator Lowell Farms sold its Monterey County processing plant for $19.4 million to New Wilston Associates and entered a leaseback agreement with the company....
Canadian cannabis producer Aleafia Health has launched a strategic review process to determine the company’s options as it amends the terms of a loan from lender NE SPC...
First-quarter cannabis sales in California slid to $1,249,584,223, the lowest quarterly total since the onset of the COVID-19 pandemic, according to the latest statistics from the state’s...
The Nasdaq stock exchange sent another warning to Agrify Corp., this time notifying the marijuana technology company it didn’t file its first-quarter results on Form 10-Q on time....
Cannabis industry earnings calls have been a little quieter this year. Fewer research analysts are covering the U.S. marijuana industry, which experts say reflects the challenging...
An institutional investor has agreed to buy more than 3 million shares in Florida-based marijuana cultivation company Bright Green Corp. The private placement includes 3,684,210 shares of common...
Bassam Alghanim, chairman of Canadian licensed cannabis producer BZAM Ltd., is investing five million Canadian dollars ($3.7 million) in the company. The non-brokered private placement will include 22,222,223...
Canadian cannabis producer Canopy Growth Corp. plans to refile some of its financial statements for the fiscal year ended March 31, 2022. The Smiths Falls, Ontario, company is...
Cannabis industry groups were heartened Thursday to hear bipartisan support from members of the U.S. Senate Banking Committee for marijuana banking reform – particularly, passage of...
