Cannabis MSO Verano announces $100M subscription receipt financing
Multistate cannabis operator Verano Holdings raised $100 million in subscription receipt financing in connection with a reverse-takeover deal that will see the […]
Category: International Marijuana Business News
Valens ‘clears the deck,’ liquidating most cannabis oil inventory
Cannabis derivative manufacturer Valens Co. said it is liquidating most of its oil inventory, citing industry trends such as outdoor marijuana harvests […]
Cannabis firm CannTrust reaches agreement to settle shareholder claims
Embattled Canadian cannabis producer CannTrust Holdings on Wednesday announced a restructuring support agreement that will pave the way for the company to […]
Canada’s ‘croptober’ surge pushes cannabis inventory over 1 million kilograms
Canadian licensed producers added a record 220,461 kilograms of marijuana to their inventories in October 2020, according to new data offering a […]
An elusive pathogen is damaging cannabis crops – here’s how to fight it
Over and over again, I meet cannabis growers who are not yet aware of a widespread disease that has been appearing more […]
Canadian cannabis retailers to merge, focus on value-conscious consumers
Alcanna Inc. is spinning-off its retail cannabis business and combining it with competing retailer YSS Corp. to create one of the largest […]
Insights into 20 years of organic growth, profitability at marijuana vape maker Storz & Bickel
Focus on your value proposition instead of offering the cheapest product in the category. Figure out how to grow organically using your […]
More layoffs at Aurora Cannabis following Great North deal
Aurora Cannabis laid off sales staff after choosing Great North Distributors to be its sales representative across the Canadian recreational marijuana retail […]
Ontario cannabis stores can still offer pickup, delivery during lockdown
Brick-and-mortar cannabis stores in Canada’s largest recreational marijuana market are still permitted to offer home delivery and curbside pickup during a government […]
Cannabis MSO Cresco prices Canadian share offering to raise $125 million
Chicago-based multistate cannabis operator Cresco Labs priced an overnight marketed share offering, designed to raise roughly $125 million, at 16 Canadian dollars […]