Report: Ex-Eaze CEO to be charged in cannabis payment-processing scheme
Federal prosecutors reportedly plan to charge a former CEO of California cannabis delivery platform Eaze in connection with a case accusing two […]
Category: United States Cannabis Industry & Marijuana Business News
Canadian marijuana producer Tilray reports $271 million loss for year
Cannabis producer Tilray cut its annual loss to $271 million for 2020, an improvement from the Nanaimo, British Columbia company’s $321 million […]
Marijuana foes deploy new ‘playbook’ to thwart state legalization, upend election results
Efforts to thwart voter-approved marijuana legalization in Mississippi, Montana and South Dakota are evidence of a “playbook” that reflects new legal strategies […]
Cannabis firm Agrify prices share offering to raise $75 million
Ancillary cannabis company Agrify priced an underwritten public offering to raise $75 million, less than a month after raising $54 million in […]
Biden’s DOJ lawyers take IRS side in marijuana firm’s 280E fight
The Biden administration has weighed in on a U.S. Supreme Court marijuana petition, arguing that state-legal cannabis businesses can be investigated by […]
Canadian marijuana retailer Fire & Flower seeks Nasdaq listing
Fire & Flower Holdings, a Canadian marijuana retail chain with an eye on international growth, applied to list its shares on the […]
Hexo strikes deal to acquire Zenabis for CA$235 million, eyes European, Canadian cannabis markets
Ottawa, Ontario-headquartered cannabis producer Hexo Corp. on Tuesday entered a definitive agreement to buy struggling competitor Zenabis Global for 235 million Canadian […]
Tuatara-backed SPAC raises $175 million to target cannabis acquisitions
Tuatara Capital Acquisition, a cannabis-focused special purpose acquisition company (SPAC), said it raised $175 million in an initial public stock offering with […]
Transforming the cannabis concentrates market
A decade ago, I was spearheading company growth for Atlas Snowshoes, which had just invented and launched a modern snowshoe. Transforming the […]
Oklahoma medical marijuana sales surpass $800 million for 2020
Medical marijuana sales in Oklahoma reached more than $800 million for 2020, more than twice that of 2019. Oklahoma medical marijuana sales […]