Sunday, September 27, 2020

Acquisition by cannabis tech platform Akerna spurs layoffs, leadership split

Denver-based Akerna, a marijuana compliance software company, parted ways with John Prentice, the founder of Canadian firm Ample Organics, only months after a $45...

REIT inks $25 million deal to acquire Michigan marijuana property

Innovative Industrial Properties continues to gobble up cannabis properties, with the San Diego-based real estate investment trust (REIT) closing a potentially $25 million deal...

US-focused cannabis ETF set to launch on New York Stock Exchange

A Maryland-based investment management company said it is launching on Sept. 2 the first U.S.-listed exchange-traded fund (ETF) that will focus solely on American...

Trichome completes acquisition of James E. Wagner cannabis assets

Trichome Financial has wrapped up its acquisition of the assets of James E. Wagner Cultivation Corp. (JWC), the cannabis industry lender said this week. The...

Auxly Cannabis cash crunch prompts ‘going concern’ warning

Auxly Cannabis Group does not have enough cash on hand to fund operations through the coming year, prompting the Toronto-headquartered company to warn investors...

Illinois’ Top Pot Regulator Says Surging Weed Sales Prove Industry Is “Pandemic-Proof”

  Illinois' Top Pot Regulator Says Surging Weed Sales Prove Industry Is “Pandemic-Proof” Despite the pandemic, many states have been breaking pot sales records every month,...

U.S.: Is hemp the next big cash crop?

ITHACA, N.Y. (NEWS10) – Some New York farmers believe they’ve found the state’s next big cash crop: hemp. A Florida woman posted a video...

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