Hexo posts improved third quarter with CA$19.5 million loss
Canadian cannabis cultivator Hexo Corp. posted a net loss of 19.5 million Canadian dollars ($14.5 million) for the quarter ended April 30 […]
Category: Marijuana Stocks & Publicly Traded Cannabis Companies
Marijuana company Cresco Labs adds first person of color to board
Cresco Labs, a Chicago-based marijuana multistate operator, appointed Michele Roberts to its board of directors, making the executive director of the NBA […]
As marijuana class action lawsuits surge, experts stress accurate, forthright disclosures
Class action lawsuits against cannabis companies are rising, driven by industry growth, stock price volatility, regulatory uncertainties and preventable mistakes by the […]
Acreage pulls out of Iowa medical marijuana market
Marijuana multistate operator Acreage Holdings relinquished its medical cannabis manufacturing license in Iowa, two months after halting operations at the facility. Acreage […]
Schwazze signs deal to buy Colorado cannabis retailer Star Buds for $118M
Denver-based Schwazze, a vertically integrated cannabis company formerly operating as Medicine Man Technologies, signed definitive acquisition agreements to purchase 14 Star Buds […]
Vireo Health parts ways with marijuana industry veteran Bruce Linton
Cannabis multistate operator Vireo Health International terminated former Executive Chair Bruce Linton, effective immediately and “on an entirely without-cause basis,” the company […]
Cannabis MSO Acreage Holdings raises $60 million as it restructures
Marijuana multistate operator Acreage Holdings, which has been slashing overhead costs and selling unprofitable assets, said Monday it has agreements in place […]
Why some marijuana MSOs are prospering during tough times
A number of multistate marijuana operators are struggling, unloading assets, cutting jobs and overhead costs as well as scrapping expansion plans amid […]
Week in Review: MA adult-use cannabis stores reopening, High Times deal unravels, Acreage ‘reset’ & more
Massachusetts recreational marijuana retail stores will be allowed to reopen May 25, but sales will be limited to curbside pickup and online or […]
Marijuana MSO Harvest announces layoffs, other pivots in $24M cost-cutting
Arizona-based multistate cannabis operator Harvest Health & Recreation revealed that it recently cut $24 million in expenditures – including laying off an […]