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Close readers of cannabis company financial statements have realized that many marijuana enterprises are financing themselves through nonpayment of federal taxes. Caught in the perfect storm...
Canadian cannabis producer The Green Organic Dutchman lost $6.8 million Canadian dollars ($5.2 million) on record quarterly sales in the second quarter of 2022. The company said in...
Florida Gov. Ron DeSantis believes medical marijuana businesses need to pay more to do business in the state. “These are very valuable licenses,” the governor told reporters, according...
British CBD maker Love Hemp Group was fined 100,000 pounds ($118,347) by the London-based Aquis Stock Exchange for misleading investors by announcing a capital raise of 2 million...
Aurora Cannabis is diversifying into the vegetable propagation and ornamental flowers business amid a massive marijuana glut in Canada by acquiring a controlling interest in Bevo Agtech, one of...
Cannabis multistate operator MedMen Enterprises finished its exit from the Florida market, having closed the sale of its assets for $67 million – $16 million less than when...
RIV Capital entered into a lease agreement for the development and operation of a planned flagship marijuana cultivation and manufacturing facility in Buffalo, New York. RIV Capital, which...
ETFMG Alternative Harvest ETF – an exchange traded fund specializing mainly in Canadian cannabis companies and ancillary marijuana businesses – will begin to include U.S.-based marijuana multistate operators....
Marijuana industry finance company XS Financial has taken out a $24 million line of credit. XS Financial said in a Thursday news release that it will use...
Maridose has been licensed by the U.S Drug Enforcement Administration and Department of Justice for the bulk manufacture of cannabis to supply marijuana, MJ extracts (including isolated chemical...
