All U.S. Briefs Chicago Atlantic connecticut cultivation finance illinois Maine massachusetts Medical & Recreational new jersey Nova Farms Peter Sack recreational retail

Chicago Atlantic lends $20 million to Nova Farms cannabis operator

Cannabis industry lender Chicago Atlantic issued a $20 million loan to Massachusetts-based multistate operator Nova Farms.
Chicago Atlantic lends $20 million to Nova Farms cannabis operator is a post from: MJBizDaily: Financial, Legal & Cannabusine…

All U.S. Ancillary Briefs California Canada/International cannabis stocks finance marijuana stocks NASDAQ Nasdaq compliance share consolidation stocks Village Farms Village Farms International Weedmaps WM Technology

Marijuana firm Village Farms regains Nasdaq compliance; Weedmaps loses it

Marijuana company Village Farms International is back in compliance with Nasdaq rules; Weedmaps parent company WM Technology is noncompliant.
Marijuana firm Village Farms regains Nasdaq compliance; Weedmaps loses it is a post from: MJBizDaily: Financia…

All U.S. Briefs Canada Canada/International Carl Merton cultivation excise tax finance Germany international Irwin Simon Medical & Recreational New York quarterly report recreational rescheduling stocks Tilray Tilray Brands

Tilray lowers expectations for 2024, eyes Canada tax savings

Tilray lowers expectations for 2024, eyes Canada tax savings is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

All U.S. Avis Bulbulyan California cannabis MSOs Colorado consolidation cultivation Curaleaf Holdings finance Florida GreenWave Advisors manufacturing massachusetts Matt Karnes Medical & Recreational missouri MSOs ohio Oregon recreational retail siva enterprises The Cannabist Co. Trulieve Cannabis Utah vermont

Marijuana multistate operators continue to flee regulated state markets

Publicly traded marijuana multistate operators exited regulated cannabis markets through late 2023, continuing a pattern fueled by increased capital costs, high taxes and the slow pace of federal reform.
Marijuana multistate operators continue to flee …

280E All U.S. Ancillary beau whitney Briefs cultivation delinquent taxpayers finance manufacturing Medical & Recreational Oregon recreational retail Whitney Economics

Cannabis operators’ delinquent payments total more than $3.8 billion, report says

Total delinquent payments by U.S. cannabis operators have exceeded $3.8 billion and could balloon to $4.2 billion in 2024 without some intervention.
Cannabis operators’ delinquent payments total more than $3.8 billion, report says is a post from:…

BJK Holdings Briefs Canada/International CCAA Companies Creditors Arrangement Act cultivation finance Fire & Flower Heritage Cannabis Humble & Fume Legal recreational retail Safari Flower Group

Canadian producer Heritage Cannabis granted creditor protection

Heritage Cannabis is the latest Canadian marijuana producer to obtain an order for creditor protection as a wave of insolvencies continues to sweep across the nation’s adult-use market.
Canadian producer Heritage Cannabis granted creditor protection is…

Briefs Canada/International cultivation edibles finance indiva Indiva Limited Legal recreational sndl SSC Advisors

Canadian marijuana operator Indiva weighs options, including potential sale

Canada’s leading producer of cannabis edibles, Indiva Limited, has hired a financial adviser to help the company evaluate an array of strategic options.
Canadian marijuana operator Indiva weighs options, including potential sale is a post from: MJBizDa…

All U.S. Briefs California cannabis mergers and acquisitions chang yi distressed mergers and acquisitions Edibles & Infused extraction finance manufacturing Medical & Recreational recreational Smoakland Sublime

California marijuana delivery firm Smoakland acquires manufacturer

Marijuana delivery company Smoakland is acquiring Sublime, a fellow California operator that manufactures pre-rolls, vaporizers, extracts and edibles.
California marijuana delivery firm Smoakland acquires manufacturer is a post from: MJBizDaily: Financ…

Ace Venture Enterprises Ace Ventures acquisitions All U.S. Chicago Atlantic cultivation finance Goodness Growth Goodness Growth Holdings innovative industrial properties manufacturing New York recreational Steven Acevedo Vireo Health Vireo Health of New York

Cannabis operator Goodness Growth selling Vireo Health of New York

Cannabis multistate operator Goodness Growth Holdings is selling its subsidiary Vireo Health of New York (VireoNY) to Ace Venture Enterprises for $3 million-$5 million as the company works to amend a credit agreement with its secured lender.
Cannabis o…

Auxly Auxly Cannabis Group Briefs Canada/International cultivation finance Imperial Brands recreational

Imperial Brands converts CA$123 million in debt to Auxly Cannabis shares

Imperial Brands has converted more than 123.4 million Canadian dollars ($90.6 million) in total debt to shares of Auxly Cannabis Group, formally giving the British tobacco giant a 19.8% ownership position in the Toronto-based marijuana company.
Imperia…