Aurora Cannabis, suffering from red ink, filed a preliminary short-form base shelf prospectus that will allow the licensed producer to raise up to $500 million over a 25-month period when finalized. The Edmonton, Alberta-based company filed the documen…
Marijuana Stocks & Publicly Traded Cannabis Companies
Before election, focus on fundamentals, not emotions, in cannabis investing
Since we last looked at the performance of U.S. and Canadian operators on July 10, publicly traded cannabis companies have seen some interesting stock price trends as candidates running for the top offices in the U.S. take positions on marijuana reform…
Harborside acquires San Francisco social equity marijuana retailer
Oakland, California-based Harborside said it acquired a majority stake in FGW Haight, a company that in June was awarded a conditional-use permit for a retail marijuana shop in San Francisco. Under the terms of the deal, Harborside will receive 50.1% e…
Asset sales, market growth might boost cannabis multistate operator finances
Publicly traded multistate marijuana operators appear to be in better financial health than they were at the beginning of the year, but many have shed operations in potentially lucrative markets to bolster their balance sheets. MSOs are benefiting from…
Cannabis edibles maker Bhang settles potency lawsuit
A settlement has been reached in a lawsuit against infused products manufacturer Bhang Corp. for allegedly misrepresenting the THC and CBD content of its chocolate products and breaching consumer-protection laws in California.
Cannabis edibles maker Bh…
SPACs offer marijuana companies a source of funding – and a way to go public
A meteoric rise in cannabis special purpose acquisition companies – better known as SPACs – is providing private marijuana and hemp companies an unprecedented opportunity to raise money and go public. “Cannabis SPAC IPOs (initial public off…