Judge reaffirms that marijuana firm MedMen must pay ex-CFO’s legal fees
A California judge again ordered marijuana multistate operator MedMen to pay the company’s former chief financial officer at least $500,000 to cover […]
Category: Marijuana Stocks & Publicly Traded Cannabis Companies
Cannabis firm Weedmaps aims for 175% revenue growth via higher ad prices, wider footprint
Cannabis advertising giant Weedmaps hopes to boost its revenue over the next three years by a whopping 175% – and investors are […]
Aurora Cannabis raising $125 million with eye on reducing debt
Aurora Cannabis is raising $125 million via a stock-purchase deal to finance general corporate activities, which might include “opportunistically reducing debt,” the […]
Cannabis MSO MedMen raises $10M to aid financial-turnaround effort
Multistate cannabis operator MedMen Enterprises said Tuesday it raised $10 million in capital by amending a senior secured debt facility led by […]
Vireo closes $4 million purchase of Nevada cannabis production facilities
Cannabis multistate operator Vireo Health said it has finally closed on a 2018 deal valued at $4 million to purchase four Nevada […]
As more marijuana firms go public, feds urge SPACs to beef up disclosures
U.S. securities regulators are urging special purpose acquisition companies, or SPACs, to strengthen disclosures related to potential conflicts of interest, compensation incentives […]
MPX, iAnthus tangle in NJ court as adult-use marijuana launch draws near
A judge issued a preliminary ruling in favor of a New Jersey medical marijuana company in its legal tangle with New York-based […]
Cannabis M&A activity intensifies as investor sentiment brightens since November election
Cannabis mergers and acquisitions are heating up, with more than $600 million worth of deals announced on Tuesday alone – and that’s […]
SPACs pump hundreds of millions of dollars into US cannabis industry through acquisitions
Two cannabis special purpose acquisition companies (SPACs), Silver Spike Acquisition Corp. and Subversive Capital Acquisition Corp., recently announced deals worth more than […]
Marijuana MSO MedMen fights to turn around finances, but challenges linger
Financially strapped MedMen Enterprises is showing modest improvement, raising the possibility that the California-based multistate marijuana operator has hit bottom and is […]