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Finance
Advanced Flower Capital Provides $15 Million Senior Secured Credit Facility to Story Ohio
The funding supports Story Companies’ continued expansion in Ohio’s growing adult-use market.
Aurora Cannabis Reports Net Revenue of $88 Million for Fiscal 2025 3Q Results
The company’s net revenue is up 37% year-over-year, including a record net revenue of 68 million dollars in global medical cannabis.
TerrAscend Announces Preliminary Q4 2024 Financial Results
The company reported a net revenue of $74.4 million ahead of its scheduled earnings conference call.
Innovative Industrial Properties Reports Resolution to Default by PharmaCann
The entities reached an agreement to resolve PharmaCann’s existing defaults under leases for 11 properties that the company owns.
Leafly Delisted From Nasdaq
The company received notice of its delisting and a transition to an over-the-counter market. Also, the company’s convertible debt maturity was extended.
Ascend Wellness Holdings Closes $15 Million Private Placement of Senior Secured Notes
The notes form part of the same series of the $235 million aggregate principal amount of the company's 12.75% senior secured notes due in 2029.
SEC Fines Acreage Holdings $225,000 Over ‘Materially False’ Financial Statements
The company, that Canopy USA recently acquired, submitted the settlement offer, which the SEC accepted as a penalty for a violation from 2019.
High Tide to Enter German Medical Cannabis Market Through Acquisition of Purecan GmbH
The acquisition will give High Tide a majority stake in Purecan’s profitable operations.
FLUENT Completes Acquisition of RIV Capital, Adding New York Operations to Footprint
The all-stock transaction accelerates FLUENT’s entry into one of the fast-growing cannabis markets in the world.
Green Thumb Industries Receives Repayments on Cansortium Loan
The cannabis company received roughly $23 million of principal plus 13% of accrued interest from Cansortium.
AYR Wellness Focusing on Sustained Growth, Profitability Amid Leadership Transition
The cannabis company reported $114 million in revenue and a $17 million operating loss for its third-quarter 2024 financial results.
Glass House Brands Reports Cultivation Cost of $103 Per Pound
The California cannabis company had a record-setting third quarter for its financial results.
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