Tag: CBT > Business Issues/ Benchmarks > Finance: Page 21

Finance

Cresco Labs Targets $2B Acquisition of Columbia Care

Expected to close in the fourth quarter of 2022, the deal would be one of the largest in the U.S. cannabis industry.

March 23, 2022

Finance

Cronos Group Founder Mike Gorenstein Returns as CEO

The executive shuffle comes as Kurt Schmidt, former president and CEO, retires.

March 21, 2022

Michigan

Michigan Cannabis Flower Price Dips $171 Per Ounce in One Year

While overall sales are up, the state’s falling retail prices could continue, all while a 350,000-square-foot indoor grow facility progresses.

March 21, 2022

Legislation and Regulation

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.

March 21, 2022

Legislation and Regulation

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.

March 16, 2022

Finance

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.

March 15, 2022

Interviews & Opinion

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.

March 11, 2022

Michigan

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.

March 9, 2022

Finance

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.

March 8, 2022

Finance

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.

March 3, 2022

Finance

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.

March 3, 2022

Finance

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.

March 3, 2022