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Tilray to Acquire Four Craft Breweries from Molson Coors
NEW YORK – In what the company characterized as a bid to strengthen its craft beer presence in the United States, Canadian cannabis company...
Eliminating 280E Could Spark an Investment Frenzy
For the past three to four years, the cannabis industry has experienced an unprecedented and steadily declining access to capital, resulting in slower-than-expected growth...
Managing Receivables in 2024
In the early days of California’s medical market, dispensaries set the rules, payment terms, and timetables, and growers and other vendors could either fall...
The Cannabist Retires From Florida
NEW YORK – Share prices for Cannabist Co. Holdings Inc. rose 5.6 percent Monday after the company announced its intention to exit the Florida...
Industrial Hemp Market Set to Surge to $25.7 Billion by 2034
ROCKVILLE, Md. – The global industrial hemp market is projected to grow from its current valuation of $6.6 billion to $25.7 billion by 2034,...
The Financial Impact of Cannabis Rescheduling
Ever since August 2023, when the Department of Health and Human Services (HHS) recommended moving marijuana to a less-restrictive schedule under the federal Controlled...
3 Smart Money Moves for Cannabis Industry Professionals
The world of finance can feel like a bit of a wild ride for professionals working in the cannabis space. Because of the unique...
Bankrupt High Times Sees Fire Sale of Assets
LOS ANGELES – High Times magazine and the sprawling but bankrupt empire that owns it are for sale piecemeal to whoever offers the most...
MedMen Declares Bankruptcy
LOS ANGELES – Five years after its market valuation peaked at about $3 billion, MedMen Enterprises Inc. is bankrupt. The company filed insolvency proceedings...
Delinquent Payments Topped $3.8 Billion in 2023
PORTLAND, Ore. – Cash-starved cannabis operators left more than $3.8 billion worth of bills unpaid in 2023, according to a report from economic research...