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California-based cannabis advertising giant Weedmaps said it has laid off about 10% of its workers because of a widespread slowdown in the U.S. marijuana market. “Given...
A pioneering California cannabis company said it struck a deal with the IRS to clear it of tax debt under Section 280E of the federal tax code, ending...
Marijuana multistate operator Verano Holdings said it must restate five quarterly financial statements dating back to March 31, 2021, and that all of its disclosures and investor presentations...
Canadian cannabis and alcohol company Tilray Brands posted a $457.8 million net loss for its fourth quarter and a $434 million net loss for its 2022 fiscal year....
Choice Consolidation Corp. is winding up its business and backing away from any marijuana industry acquisitions, the industry special purpose acquisition corporation (SPAC) announced. The Chicago-based company raised $150...
Canadian marijuana retail chain Nova Cannabis announced an at-the-market share offering to issue as much as 20 million Canadian dollars ($15.5 million) worth of shares over time. The...
Agriculture biotechnology firm 22nd Century Group announced a registered direct offering of shares to raise expected gross proceeds of $35 million. The offering to institutional investors will...
Canadian adult-use cannabis retail giant High Tide announced a bought-deal public offering worth 10 million Canadian dollars ($7.7 million) as it waits for a pending non-dilutive financing deal...
Marijuana multistate operator Red White & Bloom Brands, which earlier this year cut costs to reduce debt, said it expects another two-week delay in filing its 2021 annual...
Canadian cannabis producer Organigram trimmed its loss to 2.8 million Canadian dollars ($2.1 million) for the quarter ended May 31 on record gross revenue of CA$55.2 million. The...
