finance – Page 2 – cannabis.co.nz

March 19, 2024Briefs, CANADA, finance, High Tide, international, Queen of Bud, recreational, retail

Retailer High Tide acquires premium cannabis brand Queen of Bud for CA$1M

Canadian cannabis retailer High Tide has entered into a definitive agreement to acquire high-end brand Queen of Bud, including all intellectual property, […]

March 3, 2024Alberta, Aurora, aurora cannabis, Briefs, CANADA, cultivation, debt, Debt financing, finance, international, Medical & Recreational

Aurora Cannabis repays remainder of convertible senior debt

Aurora Cannabis says it has repaid the remaining balance of its convertible senior notes, a landmark in the Canadian producer’s efforts to […]

March 1, 2024280E, All U.S., finance, florida, Kim Rivers, legal, Section 280E, Trulieve, Wes Getman

Trulieve Cannabis reports receiving $113 million in 280E tax refunds

Marijuana multistate operator Trulieve Cannabis Corp. revealed that it has received $113 million worth of tax refunds as it challenges what it […]

February 29, 2024Asia & Oceania, Australia, Briefs, CANADA, cultivation, ECS Botanics Holdings, finance, international

Australia’s ECS Botanics reports record first-half cannabis revenue of AU$11.3M

Australia-based ECS Botanics Holdings reported profitable operations for the six months ended Dec. 31, 2023, on increased medical cannabis revenue. Australia’s ECS […]

February 10, 2024280E, 280e marijuana, 280e tax code, All U.S., Canna Provisions, cannabis lawsuit, Cannabis tax, cannabis taxes, controlled substances act, CSA, finance, legal, Medical & Recreational, Section 280E, Trulieve

Opinion: Is Trulieve’s refund claim the cannabis industry’s way out of 280E?

Trulieve Cannabis Corp.’s highly publicized $143 million federal income tax refund claims created a frenzy of hope that seems to offer the […]

February 8, 2024All U.S., california, california cannabis, cannabis accounting, cannabis brands, cannabis credit ratings, cannabis creditors, finance, illinois, Indiana, invoi, labor, legal, marijuana accounting, Marketing and branding, massachusetts, Medical & Recreational, MedMen, MedMen Enterprises, MedMen lawsuit, nevada, new mexico, new york, recreational, retail, Stocks, unpaid invoices

Marijuana brands, ex-employees say MedMen owes them thousands

A monthslong MJBizDaily investigation into the business practices of marijuana multistate operator MedMen Enterprises reveals a widespread pattern of not paying invoices, abruptly […]

February 6, 2024Akanda Corp, Briefs, CANADA, europe, finance, international, RPK Biopharma Unipessoal, SOMAÍ Pharmaceuticals

Akanda signs nonbinding deal to sell Portuguese cannabis firm for $2 million

International medical cannabis company Akanda Corp. has entered into an amended nonbinding letter of intent to sell RPK Biopharma Unipessoal, its Portuguese […]

February 2, 2024All U.S., ancillary, Arizona, Briefs, cannabis vaping, finance, manufacturing, Medical & Recreational, recreational, smoore, TILT holdings, tim conder

Marijuana vape company Tilt Holdings restructures debt with Smoore

Arizona-based marijuana vaporizer company Tilt Holdings entered a debt and security agreement that extends its credit line with Smoore Technology effective Jan. […]

February 1, 2024Agrify Corporation, Akerna Corp, aurora cannabis, Briefs, BYND Cannasoft Enterprises, CANADA, Clover Leaf Capital Corp, cultivation, finance, Flora Growth Corp, Greenlane Holdings, Hemp Industry News, IM Cannabis Corp., InMed Pharmaceuticals, international, Leafly Holdings, legal, recreational, retail, Stocks

Aurora Cannabis seeks Nasdaq compliance via share consolidation

Canadian producer Aurora Cannabis said it’s planning to consolidate its shares to restore compliance with the Nasdaq’s minimum bid-price requirement and ensure […]

February 1, 2024All U.S., Briefs, california, cannabis industry layoffs, cannabis layoffs, Ellen Deutsch Harrison, finance, financial restructuring, labor, Medical & Recreational, MedMen, MedMen Enterprises, Michael Serruya, News by State, recreational, retail, Richard Ormond

Marijuana multistate operator MedMen initiates more corporate layoffs

Marijuana multistate operator MedMen Enterprises initiated a round of corporate layoffs on Jan. 26, according to sources with detailed information about the […]