Rubicon Organics reported a modest profit of 889,166 Canadian dollars ($656,000) in its fourth quarter ended Dec. 31, 2023, but the Canadian cannabis producer’s loss for the fiscal year amounted to CA$1.1 million.
Cannabis producer Rubicon reports quar…
cultivation
New Zealand cannabis company Cannasouth reviewing financial health
New Zealand medical cannabis company Cannasouth Limited has entered voluntary administration, a process that allows for an administrator to review and rearrange the financial affairs of insolvent or near-insolvent companies.
New Zealand cannabis compan…
Colorado marijuana growers can access more diverse genetics
Colorado marijuana growers can access more diverse genetics is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Ontario eyes CA$600 million cannabis windfall, pledges online crackdown
Ontario’s provincial government is budgeting for a record windfall of more than 600 million Canadian dollars ($442 million) in the next fiscal year from cannabis wholesale profits and its portion of the federal excise tax.
Ontario eyes CA$600 million c…
AFC Gamma provides $34 million to Sunburn Cannabis in debt capital
Marijuana industry lender AFC Gamma provided $34 million in debt capital to Florida-based dispensary operator Sunburn Cannabis.
AFC Gamma provides $34 million to Sunburn Cannabis in debt capital is a post from: MJBizDaily: Financial, Legal & Cannab…
Ayr Wellness boosts Florida marijuana cultivation facility mortgage by $8.4M
Marijuana multistate operator Ayr Wellness is increasing by $8.4 million the size of an existing mortgage on a cultivation facility in Gainesville, Florida.
Ayr Wellness boosts Florida marijuana cultivation facility mortgage by $8.4M is a post from: MJ…
Ayr Wellness boosts Florida marijuana cultivation facility mortgage by $8.4M
Marijuana multistate operator Ayr Wellness is increasing by $8.4 million the size of an existing mortgage on a cultivation facility in Gainesville, Florida.
Ayr Wellness boosts Florida marijuana cultivation facility mortgage by $8.4M is a post from: MJ…
Canadian cannabis producer Organigram enters US, plans CA$25 million raise
Canadian cannabis producer Organigram enters US, plans CA$25 million raise is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
USDA approves genetically modified hemp strain that’s THC- and CBD-free
The U.S. Department of Agriculture has approved a genetically modified hemp strain without THC or CBD that could help hemp farmers reduce waste.
USDA approves genetically modified hemp strain that’s THC- and CBD-free is a post from: MJBizDaily: F…
USDA approves genetically modified hemp strain that’s THC- and CBD-free
The U.S. Department of Agriculture has approved a genetically modified hemp strain without THC or CBD that could help hemp farmers reduce waste.
USDA approves genetically modified hemp strain that’s THC- and CBD-free is a post from: MJBizDaily: F…