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In what observers say is a sign that California’s struggling legal cannabis industry is slouching toward a long-predicted “extinction event,” a major Southern California brand in the middle...
Canadian cannabis producer Sugarbud Craft Growers Corp. is seeking creditor protection. Calgary, Alberta-based Sugarbud “expects that it is likely to default on several material debtor agreements due...
Canadian cannabis company Canopy Growth Corp. has thrown in the towel on its bricks-and-mortar cannabis retail operations in Canada, selling off 28 corporate-owned stores under its Tweed and...
Aurora Cannabis reported another significant quarterly and annual loss, but the Alberta-based marijuana producer said it’s on track to report a profit next year on the back...
If Abner Kurtin, founder, CEO and chair of cannabis multistate operator Ascend Wellness Holdings. is known for anything, it’s being outspoken. In January, after MedMen Enterprises failed...
Edmonton, Alberta-based Aurora Cannabis has been deleted from the S&P/TSX Composite Index, according to the latest quarterly review announced by S&P Dow Jones Indices. The S&P/TSX Composite is...
Schwazze, a Denver-headquartered vertically integrated multistate operator, entered an agreement to pay $2.75 million to acquire “certain assets” of Lightshade Labs, a 10-store Colorado chain. The acquisition is...
Canadian cannabis retailer Fire & Flower reported a loss of 21.6 million Canadian dollars ($16 million) on plunging sales for the quarter ended July 30, 2022. Revenue of...
Florida-based Just Brands, a subsidiary of Toronto’s Flora Growth Corp., acquired all of No Cap Hemp Co.’s assets. Instead of a cash or share-based deal, Fort Lauderdale-headquartered Just...
Innovative Industrial Properties, a San Diego-based real estate investment trust (REIT) that focuses on the regulated cannabis industry, completed its acquisition of a property in Webster, Massachusetts. The...
