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A former CEO of a publicly traded CBD beverage company lied to investors and the public about distribution deals with Walmart and the U.S. military as part of...
Cannabis industry real estate lenders AFC Gamma and Viridescent Realty Trust amended their late 2021 loan agreement with multistate operator Acreage Holdings, lending up to $50...
After settling securities violations with Canadian regulators, Cronos Group was hit again on Monday when the U.S. Securities and Exchange Commission charged the Toronto-based cannabis producer and its...
Ontario’s securities regulator said it entered into settlement agreements with cannabis producer Cronos Group and one of its former top executives over allegations involving a breach...
If Dan Bilzerian had listened to his father and not taken his marijuana company public, the brash Instagram celebrity’s Ignite International Brands might not currently be...
The marijuana industry has an accounting problem, with a number of companies correcting errors in financial statements in recent years through restatements. Restating financial results is...
(This story has been updated to correct the number of shares Abner Kurtin holds in Ascend.) Abner Kurtin, a former CEO of multistate cannabis operator Ascend...
Canadian marijuana company Aurora Cannabis reduced its debt load by repurchasing roughly 31.3 million Canadian dollars ($23 million) worth of its convertible senior notes. The repurchase...
Shares of publicly traded cannabis companies surged late Thursday and then declined Friday morning after U.S. President Joe Biden’s surprise announcement that he would direct the...
Cannabis and alcohol company Tilray Brands lost $65.8 million (90 million Canadian dollars) in the first quarter ended Aug. 30 as net revenue declined 9% year-over-year...
