Capital
Illinois Adult-Use Cannabis Sales in June Hit $136 Million, Third Highest on Record
LOS ANGELES-- In June, adult-use cannabis sales in Illinois reached an impressive milestone, totaling $136 million, according to data from the Cannabis Regulation Oversight Officer (CROO). ...
Psyence Group Inc. Reports Financial Losses Driven by Research and Development Costs
NEW YORK-- Psyence Group Inc. a psychedelic medicine and fungiculture company headquartered in British Columbia, recently disclosed its financial results for the fiscal year ending March ...
Tilray Surges 15% Amidst Q4 Results, But Skepticism Lingers for Investors
LOS ANGELES-Tilray Brands, the Canadian cannabis producer with hopes of entering the USA, experienced a momentary glimmer of hope as its shares surged 15% on Wednesday ...
First Citizens Bank Provides $1 Million Credit to The Georgia Hemp Company for Promotional Initiative
LOS ANGELES--First Citizens Bank, through its Hemp Business division, has announced its provision of a $1 million working capital line of credit to RYJO, the parent ...
Neptune Wellness Solutions Faces Nasdaq Compliance Challenge
LOS ANGELES-- Neptune Wellness Solutions Inc, a prominent player in the consumer-packaged goods and cannabis industry, has disclosed that it received a notification from the Nasdaq ...
Philip Morris International Set to Invest Up to $650 Million in Israeli Cannabis Company
LOS ANGELES-- Philip Morris International Inc., the renowned tobacco company behind the iconic Marlboro brand, is set to make a substantial foray into the cannabis industry. ...
Stabilization and Rebound in U.S. Wholesale Cannabis Market
LOS ANGELES-- The U.S. cannabis wholesale market has shown signs of stabilization this year, following a significant decline in 2022, and has even experienced a modest ...
Record-Breaking Cannabis Sales in Massachusetts Reach $151.8 Million in June
BOSTON-- Massachusetts witnessed an extraordinary surge in cannabis sales during the month of June, with total transactions reaching a remarkable $151.8 million, as reported by state ...
Maryland’s First Week of Adult-Use Cannabis Sales Tops $20 Million
LOS ANGELES-- Maryland's cannabis retailers reported a remarkable achievement, with nearly $21 million in combined sales of medical and recreational cannabis products during the state's inaugural ...
Barely Capitalized: Pioneering Support for Women and Minority Startups in the Booming Cannabis Industry
LOS ANGELES-In a bold move to address the long-standing funding disparity faced by women and minority entrepreneurs in the cannabis sector, Highly Capitalized, a leading financial ...
Reunion Neuroscience Inc. Reports Fiscal Results and Provides Corporate Update
LOS ANGELES-- Reunion Neuroscience Inc. a clinical-stage biopharmaceutical company specializing in innovative therapeutic solutions for underserved mental health conditions, announced its fiscal results for the fourth ...
TerrAscend Secures $20.5 Million in Total Proceeds from Private Placements
TORONTO --TerrAscend Corp. a cannabis operator in North America, announced the successful closing of the second tranche of private placements, resulting in total aggregate proceeds of ...
