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An unusual number of cannabis companies have used a Canadian corporate insolvency law called the Companies’ Creditors Arrangement Act (CCAA) in 2022, a trend that demonstrates...
MediPharm Labs is acquiring Vivo Cannabis in an all-stock deal, marking the latest consolidation move in the Canadian marijuana industry. The acquisition is “expected to combine complementary...
Investment bank Cowen has downgraded its outlooks for major cannabis multistate operators Columbia Care and Cresco Labs after U.S. lawmakers declined to include marijuana banking reform...
Canadian company SNDL is reducing its direct exposure to marijuana retail in a multifaceted deal involving Nova Cannabis. SNDL, formerly known as Sundial Growers, is currently a majority...
A rational and impassioned plea for federal marijuana banking reform from eight Pennsylvania state Republican lawmakers landed in the inbox of retiring U.S. Sen. Pat Toomey on Dec....
U.S. cannabis multistate operators weathered a storm of challenging economic factors through the third quarter of 2022, with most reporting modest to significant year-over-year revenue gains....
In at least the second round of layoffs after a brutal quarterly loss, Florida-based multistate operator Trulieve Cannabis cut as many as three dozen workers at a Pennsylvania...
The off-topic reply – sprinkled into Sen. Chuck Schumer’s Twitter mentions – landed minutes after the Democratic Senate Majority Leader celebrated the passage of the Respect...
Canadian cannabis company Hexo Corp. on Thursday announced a share consolidation and posted a 52.1 million Canadian dollar ($38.2 million) net loss for the first quarter of its 2023...
Florida-based cannabis multistate operator Jushi Holdings said it has closed a private offering with proceeds of $72 million. The offering of 12% notes and share purchase warrants...
