Tilray lowers expectations for 2024, eyes Canada tax savings is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
finance
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 …
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:…
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…
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…
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…
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…
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…
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…
Standard Wellness buys Utah Cannabist medical marijuana dispensary for $6.5M
Multistate operator Standard Wellness Holdings has acquired a medical marijuana dispensary in Springville, Utah in a deal that yielded $6.5 million for seller The Cannabist Co.
Standard Wellness buys Utah Cannabist medical marijuana dispensary for $6.5…