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Cannabis multistate operator Ascend Wellness is planning to raise $7 million in a private placement offering. According to terms of the equity financing, the New York-based MSO intends...
With so much fast-paced expansion and, more recently, downsizing, it can be tough to know where each marijuana multistate operator is operating. That’s why MJBizDaily has mapped out...
A central figure in New York’s botched adult-use marijuana rollout on Thursday resigned from the state Cannabis Control Board. Reuben McDaniel, president of the Dormitory Authority of the...
Canadian cannabis producer Hexo reported a total net loss before tax of 129.7 million Canadian dollars ($98 million) in the company’s third quarter, bringing accumulated losses since 2016...
Delaware Gov. John Carney installed longtime law enforcement official Robert Coupe as the state’s first marijuana commissioner. Coupe spent nearly 30 years with the Delaware State Police,...
If you have been paying attention to the California cannabis market recently, you have heard about the credit crisis many suppliers are dealing with. Not only do marijuana-related...
New York-based cannabis multistate operator Acreage Holdings streamlined its board of directors to prepare for the company’s acquisition by Canopy USA, the American arm of Canadian producer Canopy...
New York regulators granted the first adult-use marijuana retail licenses in the state’s Finger Lakes region. The state Cannabis Control Board on Thursday announced 36 new licenses...
Financially distressed Canadian cannabis retail company Fire & Flower Holdings is being delisted from the Toronto Stock Exchange after filing for creditor protection earlier this month. The delisting...
Combined sales of recreational and medical marijuana in Connecticut totaled nearly $22.8 million in May, surpassing the previous monthly record of $22.1 million set in March. May adult-use...
