Pelorus seeks receivership for cannabis operator StateHouse Holdings
Pelorus Fund REIT is asking a California court to place StateHouse Holdings into receivership after the vertically integrated cannabis operator defaulted on […]
Category: finance
How likely is passage of Florida’s adult-use marijuana legalization measure?
With little over a month to go before the national election, polls show the future of Florida adult-use cannabis balanced on a […]
Marijuana MSO 4Front appoints co-founder Krane to board chair
Arizona-based 4Front Ventures, a vertically integrated, marijuana multistate operator, promoted current director Kris Krane to board chair. Marijuana MSO 4Front appoints co-founder […]
What tax deductions will be available to marijuana companies if 280E disappears?
Marijuana rescheduling would liberate plant-touching companies from 280E, which prohibits businesses from deducting ordinary expenses. What tax deductions will be available to […]
Verano raises ante in suit against marijuana operator Goodness Growth
Verano raises ante in suit against marijuana operator Goodness Growth is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis […]
Constellation Brands converts shares in cannabis operator Canopy, departs board
Beverage alcohol company Constellation Brands has converted its shares in Canadian cannabis company Canopy Growth Corp. into new exchangeable shares. Constellation Brands […]
Canadian producer Heritage Cannabis granted creditor protection
Heritage Cannabis is the latest Canadian marijuana producer to obtain an order for creditor protection as a wave of insolvencies continues to […]
Cannabis operator Glass House posts record revenue of $160.8 million in 2023
California cannabis producer and retailer Glass House Brands reported fourth-quarter improvements in gross profits and margins for the fourth quarter of 2023, […]
Cannabis producer Rubicon reports quarterly profit of nearly CA$900,000
Rubicon Organics reported a modest profit of 889,166 Canadian dollars ($656,000) in its fourth quarter ended Dec. 31, 2023, but the Canadian […]
Ayr Wellness boosts Florida marijuana cultivation facility mortgage by $8.4M
Marijuana multistate operator Ayr Wellness is increasing by $8.4 million the size of an existing mortgage on a cultivation facility in Gainesville, […]