Finance: Page 18

Washington Dispensary Worker Fatally Shot During Robbery

The shooting in Tacoma is the latest in a string of violent robberies in western Washington, highlighting a lack of banking reform in the industry.

Does Oklahoma Have the Answer to Cannabis Banking?

House lawmakers passed a bill that would utilize virtual currency as a means to provide the state’s medical cannabis industry safe and legal banking.

TerrAscend Exec: ‘We Want to Add One to Two Additional States Over the Next Six to 12 Months’

After closing its $545-million acquisition of Gage Growth Corp. this week, TerrAscend is keeping its collective eye on the horizon.

California’s Small Cannabis Farmers Launch Direct-to-Consumer Sales Platform Inspired by Industry Struggles

Members of the Mendocino Cannabis Alliance, who have struggled to thrive in California’s regulated adult-use marketplace, have come together to launch an online sales and delivery platform.

TerrAscend to Close Acquisition of Gage Cannabis

The deal expands the company’s footprint to include seven cultivation facilities and 25 retail locations with operations in five states and Canada.

Alberta Officially Launches Online Cannabis Sales, Delivery in Private Sector

Ten licensed retailers with 80 locations began providing the extended services on March 8, following the shutdown of a government-run website.

Biden Anti-Cannabis Stock Policy Revealed in New Uncovering

Under expanded employee conduct guidelines, the White House discourages those seeking security clearances from investing in cannabis companies.

HEXO and Tilray Brands Agree to Create Strategic Alliance Bringing Together Two Canadian Cannabis Leaders

HEXO will restructure its balance sheet, including the sale of amended senior secured convertible notes to Tilray Brands, significantly improving flexibility and reinvigorating HEXO's path forward strategy.

Cannabis Conference Announces 2022 Education Program

Now in its sixth year, the industry’s leading event (Aug. 23-25, 2022 in Las Vegas) will address challenges and opportunities for cannabis and hemp cultivators, dispensary operators, and extraction professionals.

Verano Draws $100 Million to Fund Strategic Growth Initiatives

The funding will provide Verano with flexibility to drive internal expansion efforts, as well as near- and long-term growth strategies.

BDSA Reports Global Cannabis Sales to Jump 22% in 2022; Forecasts $61 Billion by 2026

Cannabis markets continue bullish rise as massive gains in new markets drive growth

MedMen Announces Plans to Sell Florida Assets

Florida-based Green Sentry Holdings will purchase MedMen’s operations for $83 million.

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