The money comes from the state Cannabis Business Grant.
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Category: Business
Bright Green goes bankrupt under Chapter 11
The company plans to reorganize and relaunch under a new name.
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IIPR reaches deal with PharmaCann to resolve lease default
Under the agreement, the multistate operator will shed cultivation sites in Michigan and Massachusetts.
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Body and Mind sells Illinois properties to Dutchess Cannabis
Dutchess is paying $5 million in cash for the two properties.
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C21 posts sales growth in third quarter, boosted by new store
The company’s addition of a new Reno dispensary helped drive growth, even as statewide cannabis sales declined.
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Scotts Miracle-Gro aims to break up with Hawthorne as growth prospects dim
The lawn-and-garden giant’s CEO says its cannabis unit could be “more valuable” as a stand-alone business.
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Ohio Republicans poised to tighten cannabis industry rules, raise taxes
The measure would make sweeping changes, such as gutting social equity provisions and restricting the number of licenses.
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High Tide posts C$3.8 million loss for fiscal year 2024
Stagnate same-store sales and an non-cash impairment dragged down the Canadian company’s results.
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Nextleaf loss widens despite 66% revenue growth in 2024
Share-based compensation expenses weighed on the company’s bottom line.
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Safe Harbor Financial CEO to step down, successor named
The cannabis banking firm tapped an industry turnaround expert as new chief executive as Seefried plans retirement.
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