Marijuana Stocks & Publicly Traded Cannabis Companies


Week in Review: Cannabis firm iAnthus’ CEO resigns, High Times’ retail move, IL delays adult-use marijuana licensing & more

New York-based multistate marijuana operator iAnthus’ CEO Hadley Ford stepped down after the company’s internal investigation found he should have disclosed personal loans that constituted a “potential or apparent” conflict of interest. MJBizDaily takeaway: The iAnthus case is a reminder to publicly held cannabis companies of the importance of transparent disclosures and strict adherence to conflict-of-interest […]

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MJBizDaily webinar looks at deal killers in marijuana investing

The latest webinar from Marijuana Business Daily’s Investor Intelligence, “Know the Nuances: Share Structure to Leasebacks and the Taxes Between,” is scheduled for 1 p.m. ET/10 a.m. PT on Tuesday, May 5. The session, part of the Investor Intelligence Virtual Briefings series, will focus on deal details that make some investments less successful and show investors what they […]

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Cresco Labs nixes $282.5 million acquisition of marijuana firm Tryke

In another sign that underscores the financial hesitancy hitting the national cannabis industry, Chicago-based Cresco Labs said Monday it’s pulling out of a previously agreed-upon acquisition of Tryke Cos., a vertically integrated marijuana business that operates in Arizona and Nevada. The acquisition, which was revealed last September with a price tag of $282.5 million, has been called off […]

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Cannamedical, Aphria execs join webinar on Germany’s cannabis market

Germany is Europe’s economic powerhouse, and what happens to the nation’s medical cannabis industry can have an impact on other European markets. With that in mind, Marijuana Business Daily is offering a free webinar featuring two top industry executives who will talk about Germany’s medical cannabis market. The MJBizDaily webinar which is free, is scheduled for April 28 […]

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Regulators temporarily halt trading of marijuana firm iAnthus’ stock

Canadian securities regulators halted the trading of iAnthus stock for nearly four hours Wednesday as they sought information from the multistate cannabis operator about reports related to its difficult financial situation. In a news release, New York-based iAnthus attributed the trading suspension on the Canadian Securities Exchange to a request for information about online “speculative” […]

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Marijuana operator Medicine Man Technologies rebrands as Schwazze

Medicine Man Technologies, a Denver-based multistate cannabis operator, is now calling itself Schwazze, an offshoot of a proprietary marijuana pruning technique developed by the company. The name change and corporate rebranding is designed to differentiate the company and “marks the next stage of our strategic growth,” Shane Sampson, chief marketing officer, said in a news […]

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Cannabis producer CannTrust to be delisted from NYSE on April 27

The New York Stock Exchange has informed the U.S. Securities and Exchange Commission that it intends to delist the shares of beleaguered Canadian cannabis producer CannTrust on April 27, according to a public notification filed by the exchange. The April 27 date, first reported by New Cannabis Ventures, is almost two weeks ahead of the […]

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MJBizDaily webinar to offer bull, bear views on cannabis market

The latest webinar from Marijuana Business Daily’s Investor Intelligence, “Bull vs. Bear: Perspectives on the Industry,” is scheduled for 1 p.m. ET/10 a.m. PT on Tuesday, April 21. The emerging legal marijuana industry has its share of cheerleaders and naysayers, and this webinar is intended for seasoned cannabis investors on both sides of that debate. Speakers will […]

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SEC lawsuit alleges marijuana investor manipulated MassRoots stock

The U.S. Securities and Exchange Commission filed a lawsuit against longtime marijuana investor Douglas Leighton, alleging that he and six associates made millions of dollars by engaging in illegal stock manipulation involving Denver-based cannabis technology firm MassRoots. The suit alleges that Leighton – founder of Dutchess Capital Management and current principal at Altar Rock Capital – […]

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Week in Review: Cannabis firm iAnthus can’t make interest payments, MA gov sued, COVID-19 causes slide in adult-use marijuana sales & more

Multistate marijuana operator iAnthus defaulted on interest payments, in part blaming the coronavirus. In addition, the New York-based company revealed that its CEO is being investigated for a potential, but unidentified, conflict of interest. The company also postponed its financial results. MJBizDaily takeaway: COVID-19 aside, the disclosures from iAnthus are additional red flags for a company […]

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