California-based marijuana multistate operator MedMen Enterprises has hired ATB Capital Markets to review and potentially help the company divest assets in three states. According to a news...
Canada’s cannabis consumers spent 4.52 billion Canadian dollars ($3.35 billion) on regulated adult-use products in 2022, growing 17.9% over 2021’s sales total, according to new retail...
The numbers are one of the major reasons the state will award new MMJ business licenses starting in April to ensure that the entire patient population...
Canadian cannabis producer Canopy Growth Corp. entered into an agreement with an institutional investor for a convertible debt issuance worth up to $150 million (203 million Canadian dollars)...
Phoenix-based hemp and CBD retail and distribution company 1606 Corp. raised up to $20 million through an equity financing agreement with GHS Investments. According to a...
Wisconsin Gov. Tony Evers, a Democrat who was reelected last November, has again included marijuana legalization in his budget, one of several proposals unlikely to gain favor in...
Virginia’s planned Jan. 1, 2024, start date for legal adult-use marijuana sales is in question after a regulatory bill was killed in a Republican-controlled state General Assembly committee....
Multistate operator Trulieve Cannabis donated an additional $5.5 million to efforts to legalize adult-use marijuana in Florida. According to Orlando Weekly, the Tallahassee, Florida-based company has donated a...
Twitter’s new policy change permitting advertising and marketing by state-legal cannabis companies is a step forward for the sector and could nudge other digital advertising platforms to rethink...
Calgary, Alberta-based SNDL is cutting 85 jobs as a part of a plan to deliver approximately 9 million Canadian dollars ($6.7 million) in cost savings, making it the latest...