Green Market Report
1 day ago · About Us. The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source ...
Canopy Growth finalizes Wana Brands acquisition after three years
Oct 9, 2024 · Ontario-based Canopy Growth Corp. (TSX: WEED) (Nasdaq: CGC) announced Wednesday that it has, at long last, completed the acquisition of U.S. marijuana edibles company Wana Brands, nearly a full three years after the $279 million deal was first announced. “Canopy USA now owns 100% of the outstanding equity interests in Wana,” the company said in a …
Grown Rogue sees revenue rise amid ambitious expansion plans
Aug 27, 2024 · Grown Rogue International Inc. (CSE: GRIN) (OTC: GRUSF) reported its second quarter 2024 results for the period ending June 30, 2024. Grown Rogue reported quarterly revenue grew 23% to $7.7 million versus $6.3 million in the three months ended July 31, 2023. The revenue comparison is against 2023 data from May to July due to the fiscal year-end …
Dutchie Gets $1.7 Billion Valuation, Buys Greenbits, LeafLogix
Mar 16, 2021 · One of the fastest-growing cannabis tech platforms Dutchie said it completed its $200 million Series C, at a $1.7 billion valuation. The company’s latest funding round is led by Tiger Global, with participation from new investors Dragoneer and DFJ Growth, and from existing investors including Casa Verde Capital, Thrive Capital, Gron Ventures, and former Starbucks …
Irwin Naturals files for Chapter 11 bankruptcy - Green Market Report
Aug 13, 2024 · Now, the supplements company has filed for Chapter 11 bankruptcy. Green Market Report reported in July that Irwin Naturals quit making payments on the $40 million loan provided by EWB. The bank responded by suing the company and accusing CEO Klee Irwin of self-dealing and diverting funds from the company. To prevent further diversion of money ...
Global X ETFs to liquidate cannabis funds following assessment
Jan 24, 2024 · New York-based exchange-traded funds provider Global X ETFs has declared the closure of several of its funds.. The Jan. 19 decision is part of the company’s regular review process and is expected to impact less than 1% of its total assets under management.. The selection of funds marked for closure includes those focused on various sectors like cannabis, …
Massachusetts regulators fine Ascend Wellness, Curaleaf for …
Oct 10, 2024 · Massachusetts cannabis regulators issued fines on Thursday to two of the state’s biggest marijuana companies – Ascend Wellness Holdings Inc. (CSE: AAWH-U.CN) (OTCQX: AAWH) and Curaleaf Holdings Inc. (CURA:CA) (TSX: CURA) (OTCQX: CURLF) – for a total of $165,000 over allegations that both companies were negligent when it came to consumer …
Greenlane to implement 1-for-11 reverse stock split - Green …
Aug 1, 2024 · Greenlane shareholders approved the reverse split at a special meeting on July 29, authorizing a ratio between 1-for-2 and 1-for-20. The company’s board settled on 1-for-11 on July 23. The reverse split comes as Greenlane works to streamline operations amid financial challenges. In its first quarter earnings released in July, the company ...
About - Green Market Report
5 days ago · jenel @greenmarketreport.com. Jenel joined Green Market Report in 2022 as managing editor. Prior to that, she spent more than a decade writing and editing for B2B publications, including overseeing new business initiatives and data for MJBiz. At GMR, Jenel will implement new products, oversee content, and run the daily news operations.
Mississippi Releases Revised Medical Cannabis Industry Rules
Sep 20, 2023 · Mississippi cannabis regulators announced new revisions to industry regulations, with 202 pages of red-lined changes to the former rules released by the state Department of Health on Thursday.. The agency will accept industry comments and public feedback until Oct. 2, The National Law Review reported. Tweaks to the South’s newest medical marijuana program …