Finance: Page 58

Aleafia Health Secures Health Canada License Amendment for Paris Production and Extraction Facility Phase II Expansion

The 30,000-square-foot expansion is entirely dedicated to the extraction, production, packaging and distribution of finished cannabis products.

Illinois Adult-Use Cannabis Sales Surpass $37 Million in April

The state’s dispensaries sold nearly 819,000 items in the 30-day period.

Ethos Cannabis to Acquire Seven of 4Front Ventures’ Mission Dispensaries

The deal will expand Ethos’ retail footprint in Pennsylvania and allow the company to enter Maryland’s medical cannabis market.

Canopy Growth Lays Off 200 Additional Employees

In its latest phase of scaling back operations, the Canadian LP eliminated workers in Canada, the U.S. and the UK.

Navigating Vulture Investment

Investment companies looking to buy distressed assets have entered the cannabis market, and the global pandemic set the playing field in their favor.

California Offering $50,000 ‘Bridge Loan’ for Small Businesses, Including Cannabis Industry

With a sales tax deferral and an opportunity to hold back thousands of dollars, California is offering some relief for small business owners.

The Next Era of Cannabis: Why Medicine Man Technologies Became Schwazze

Chief Marketing & Merchandising Officer Shane Sampson shares insight into the corporate rebrand and the company’s goals for 2020.

How Nevada’s Tribal Cannabis Businesses Are Responding to the COVID-19 Pandemic

Businesses have been proactive in their response to social distancing and measures to help flatten the curve on tribal lands, while also giving back to those in need.

Cresco Labs Announces Mutual Agreement to Terminate Purchase Agreement with Tryke

The move frees up $55 million in capital to further invest in the company's organic growth pipeline.

CBD Store and More Plows Ahead With Opening Amid COVID-19 Pandemic

Harvest Connect has opened its flagship CBD retail location with key adjustments to keep customers and employees safe. Here's how it's faring.

Catching Up with HUXTON: Modified Business Model, Record-Breaking Sales

When HUXTON sold off its plant-touching business licenses in 2018, it created the bandwidth to expand into new markets with a strengthened brand.

Lawmakers Introduce House Bill to Extend Federal Aid to Cannabis Industry, Stay-at-Home Orders Keep 4/20 Sales Down: Week in Review

This week, Reps. Earl Blumenauer and Ed Perlmutter unveiled legislation that would allow cannabis businesses to access federal COVID-19 relief.

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