Business Leafly to raise US$30M in convertible notes ahead of public listing The new financing deal will delay a vote by Merida shareholders to approve its merger deal with Leafly Nick LabaJanuary 12, 2022
Business Tilray ekes out Q2 profit despite 16% drop in pot sales For better or for worse, the firm's focus appears to be moving further away from cannabis sales Nick LabaJanuary 10, 2022
News New York’s governor to create US$200M fund for cannabis equity applicants The money will go toward general business support but also direct capital and startup financing Natalia Buendia CalvilloJanuary 5, 2022
Cannabis Cannabis decriminalization lowers racial disparity in arrests: study Decriminalization was linked to a roughly 17% drop in racial disparity between Black and white adults being arrested Kathryn TindaleDecember 29, 2021
Business Curaleaf expands Arizona presence with US$211M Bloom acquisition The deal follows two other recent acquisitions in the state Nick LabaDecember 28, 2021
Business Pot sales return to pre-pandemic levels due to more in-person activities: Headset Lockdowns and stimulus cheques were responsible for an irregular boost in buying weed Natalia Buendia CalvilloDecember 22, 2021
Business Tilray’s SweetWater Brewing buys two craft beer companies The Alpine and Green Flash brands as well as their core brews will stay intact Kathryn TindaleDecember 22, 2021
Business California’s cannabis industry will collapse unless regulations change, industry group says An industry group has written to state officials decrying high taxes and low retail access Natalia Buendia CalvilloDecember 20, 2021
Business Acreage gets US$150M credit facility The firm says proceeds will fund growth and help with its balance sheet Nick LabaDecember 17, 2021
Business Pfizer buys firm with cannabinoid therapy in clinical trial Olorinab is a CB2 receptor agonist in a Phase 2 trial for IBS Nick LabaDecember 15, 2021