Canadian marijuana producer Tilray reports $271 million loss for year
Cannabis producer Tilray cut its annual loss to $271 million for 2020, an improvement from the Nanaimo, British Columbia company’s $321 million […]
Category: Cannabis Industry & Marijuana Business Briefs
Cannabis firm Agrify prices share offering to raise $75 million
Ancillary cannabis company Agrify priced an underwritten public offering to raise $75 million, less than a month after raising $54 million in […]
Biden’s DOJ lawyers take IRS side in marijuana firm’s 280E fight
The Biden administration has weighed in on a U.S. Supreme Court marijuana petition, arguing that state-legal cannabis businesses can be investigated by […]
Canadian marijuana retailer Fire & Flower seeks Nasdaq listing
Fire & Flower Holdings, a Canadian marijuana retail chain with an eye on international growth, applied to list its shares on the […]
Ontario accelerates cannabis store licensing to 120 per month
The cannabis store regulator in Canada’s largest recreational marijuana market has once again increased the pace at which it issues store licenses, […]
Tuatara-backed SPAC raises $175 million to target cannabis acquisitions
Tuatara Capital Acquisition, a cannabis-focused special purpose acquisition company (SPAC), said it raised $175 million in an initial public stock offering with […]
Oklahoma medical marijuana sales surpass $800 million for 2020
Medical marijuana sales in Oklahoma reached more than $800 million for 2020, more than twice that of 2019. Oklahoma medical marijuana sales […]
California’s Humboldt County permanently bans hemp cultivation
Humboldt County in Northern California’s famed Emerald Triangle permanently banned outdoor cultivation of low-THC hemp varieties. California’s Humboldt County permanently bans hemp […]
New Mexico adult-use marijuana bill advanced by state House panel
A New Mexico legislative committee Monday advanced a social equity and microbusiness-focused adult-use marijuana legalization bill while tabling a more industry-oriented measure. […]
Delaware doubles number of medical cannabis licensees
Delaware increased the number of medical cannabis business licensees from three to six, a reflection on medical cannabis card registrations soaring nearly […]