Connect with us
The nation’s largest marijuana multistate operators collectively could tap into nearly $2 billion worth of debt – should any want to borrow money to expand capacity,...
The U.S. Conference of Mayors and two leading banking organizations have joined the call for the U.S. Congress to pass the cannabis banking reform measure known...
A wing of the U.S. Treasury Department is planning to gather data from banks on marijuana businesses as part of its money-laundering risk oversight. According to...
Oregon-based marijuana tech company Dutchie laid off 67 employees this week, about 8% of its 700 workers. Dutchie CEO and co-founder Ross Lipson wrote in a statement to...
Marijuana industry finance company Safe Harbor Financial is lending beyond its home state of Colorado, handing a $5 million loan to Massachusetts-based Solar Cannabis. Solar will use the...
Aurora Cannabis has bought back roughly $20 million worth of convertible senior notes. Edmonton, Alberta-based Aurora said Friday it repurchased the notes to “reduce the company’s debt...
Canadian marijuana producer Aurora Cannabis said it received gross proceeds of $172.5 million from a bought deal offering after the underwriters’ over-allotment option was fully exercised. The bought...
Most of the largest U.S. marijuana multistate operators experienced revenue declines in the first quarter of 2022 versus the previous three months, reflecting seasonal factors, declining...
Akerna, a Denver-based cannabis compliance software company, is implementing a financial restructuring plan that includes reducing its workforce by 59 employees, or a third, and cutting operating costs...
