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Multistate operator Story Cannabis Co. acquired four vertically integrated marijuana licenses in Arizona from Devi Holdings. The licenses were previously branded under the name Nature’s Medicines,...
California-based commercial real estate lender Pelorus Capital Group priced a securitization for cannabis-related real estate assets, calling it a first for the industry. Institutional investors and hedge funds...
Cannabis multistate operators Cresco Labs and Columbia Care are officially walking away from their planned merger, a deal that was valued at $2 billion when it was announced in March...
A growing number of marijuana businesses are taking advantage of a tax strategy that might reduce the costly financial burden imposed by Section 280E of the...
In the face of slumping marijuana stock prices, publicly traded Canadian cannabis producers and U.S. ancillary companies are increasingly turning to share consolidations to maintain their...
Rhode Island regulators are reviewing the finances of the Thomas C. Slater Compassion Center, a medical cannabis dispensary that just launched adult-use sales in December. A check for...
The former owners of Green Dragon, a cannabis company operating in Colorado and Florida, allege in a lawsuit that California-based Eaze defrauded investors, is “close to insolvency”...
Auxly Cannabis Group and British tobacco giant Imperial Brands agreed to extend by 24 months the maturity date of a debenture worth 123 million Canadian dollars ($94 million),...
Mastercard’s new hardline demand that banks and payment processors immediately halt cannabis transactions involving its debit card has upended the marijuana industry and put more licensed...
Financially distressed Canadian cannabis company Aleafia Health has entered creditor protection, shortly after the failure of its attempt to merge with U.S. multistate marijuana operator Red White...
